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RiffRandell

(5,909 posts)
Sat Jun 14, 2014, 10:40 AM Jun 2014

Billionaire's Campaign Contribution Among Biggest In Recent History.

Ken Griffin can thank Citizens United.

His contributions to Rauner, first reported by the Chicago Tribune, are stratospheric. Overall, Griffin has given $3.6 million to the Republican's campaign to defeat Democratic Gov. Pat Quinn. The contributions include the use of Griffin's personal jet to travel the state.

The $2.5 million contribution to Rauner's campaign is the largest The Huffington Post could identify to a political campaign in recent history. A number of states have no campaign contribution limits, but none have seen a single contribution this large in two decades, according to state records. (Individuals and corporations have likely given larger contributions, when adjusted for inflation, in the past.

Illinois first enacted campaign contribution limits for state elections after two straight governors -- George Ryan (R) and Rod Blagojevich (D) -- were convicted of corruption. Following the Supreme Court's 2010 Citizens United decision that opened the door to unlimited independent campaign spending, the state changed those limits to allow them to be waived if a candidate self-funded, or if an independent group spent more than $250,000.

Griffin is not just a partisan who wants his picture taken with political leaders at galas. He has wide business interests in the state and supports policies that promote charter schools, slash public employee pension benefits, loosen regulation of finance, and lower taxes for the rich.

Link: http://www.huffingtonpost.com/2014/06/13/bruce-rauner-ken-griffin_n_5493707.html
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