In the 2012 election 28 percent of all disclosed political contributions came from just 31,385 people. In a nation of 313.85 million, these donors represent the 1% of the 1%, an elite class that increasingly serves as the gatekeepers of public office in the United States.
In his two runs for the White House, President Obama pledged that he would not accept money from registered lobbyists. But his campaign received donations from people who, while not registered, walk and talk an awful lot like lobbyists, including advisors who manage lobbyists. Sunlight's investigation into the political 1 percent of the 1 percent -- the donor class whose members individually contributed at least $12,950 to political campaigns in the 2012 election -- showed that many, many big donors in the influence business have contributed to the president. At least four dozen of them -- lobbyists and employees of lobbying or public relations firms -- contributed to the president in 2011 or 2012. One officially registered lobbyist even donated and unlike the other registered lobbyists who did so, his contribution was not refunded. Continue reading