Steve Wozniak and other tech moguls launch Super PAC to fight ‘big money’ in D.C.
SAN FRANCISCO (Reuters) A group of influential Internet moguls aim to fix what they refer to as the big money problem in Washington politics by, well, raising cash.
Forming a Super Political Action Committee (PAC) called Mayday, the executives hope to raise $12 million by the midterm elections in November in hopes of supporting candidates who are committed to changing how elections are financed.
Apple cofounder Steve Wozniak joined the campaign late last week, alongside Union Square Ventures Fred Wilson; Paypal cofounder and libertarian activist Peter Thiel; and LinkedIn cofounder Reid Hoffmann.
Their approach using big money to fight big money may seem odd, but the organizers note on the campaign website that they embrace the irony.
http://www.rawstory.com/rs/2014/06/24/steve-wozniak-and-other-tech-moguls-launch-super-pac-to-fight-big-money-in-d-c/