The 1% hedge their bets with a new "party"

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Some very wealthy Americans have ponied up for a new proto-party.

It's called Americans Elect.

As of the end of 2011, Americans Elect had raised $22 million — chiefly from donations of $100,00 or more that came from just 55 individuals — to gain ballot access for its candidate to be in the 50 states. (It's already secured that status in California.)

We don't know who most of those individuals are because Americans Elect claims the status of a social welfare organization, not a party, and as such is not obliged to list its funders.

We do know that its website has a "leadership" list of roughly 100 people, and that of the 90 or so who aren't the organization's staffers or consultants, 20 are heads or leading executives of hedge funds, private equity firms and major banks.

If Americans Elect is spearheading a revolution, it's a revolution of the 1%.

The founders of Americans Elect have set up an online nominating process whose results are hard to predict.

People who go on the group's website and become members will be able to choose one of the several declared candidates whose positions are laid out on the website.

The group's nine-member board of directors retains the right to vet and even veto the candidates, though a majority of the online membership can reverse that veto.

http://www.latimes.com/news/opinion...rson-americans-elect-20120320,0,4401248.story
 
Some very wealthy Americans have ponied up for a new proto-party.

It's called Americans Elect.

As of the end of 2011, Americans Elect had raised $22 million — chiefly from donations of $100,00 or more that came from just 55 individuals — to gain ballot access for its candidate to be in the 50 states. (It's already secured that status in California.)

We don't know who most of those individuals are because Americans Elect claims the status of a social welfare organization, not a party, and as such is not obliged to list its funders.

We do know that its website has a "leadership" list of roughly 100 people, and that of the 90 or so who aren't the organization's staffers or consultants, 20 are heads or leading executives of hedge funds, private equity firms and major banks.

If Americans Elect is spearheading a revolution, it's a revolution of the 1%.

The founders of Americans Elect have set up an online nominating process whose results are hard to predict.

People who go on the group's website and become members will be able to choose one of the several declared candidates whose positions are laid out on the website.

The group's nine-member board of directors retains the right to vet and even veto the candidates, though a majority of the online membership can reverse that veto.

http://www.latimes.com/news/opinion...rson-americans-elect-20120320,0,4401248.story

if they can qualify as a third party, they will siphon off mainly mittens supporters
 
lol...exercising your right to vote...and then participating in politics is now a bad thing and a sign of desperation....

what does that make the occupiers?
 
The 1% can afford to buy their own "escape pod" proto-party as a hedge; after all, the Teabaggers took their money and fucked them over, didn't they?
 
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