Friday, August 5, 2016

America’s Oligarchs Support Hillary Clinton Almost Unanimously

The results are already in, even before the official campaign-finance final figures will become available after the election.

Though a large percentage of the people funding the campaign advertising will never be made public — due to recent Supreme Court decisions allowing “dark money” — data already exist on the final product of the campaigns (including both the above-board and the dark money), which is the booked advertising time for each of the two candidates at the start of their campaigns. (Similar proportions of donations go also to get-out-the-vote and other campaign-activities; so, these booked-advertising figures correlate rather well with across-the-board funding of the two campaigns.)

Advertising rates — the charges per second of air-time — get higher and higher the later and closer to Election Day the time is booked; so, any candidate who books late is really starved for funds and has little chance of winning; any candidate who does the booking early is getting a big break from the networks and from certain other media. This discount, for early booking, magnifies even further the cash-advantage of the candidate whom the oligarchs prefer.

However, normally, both Parties’ nominees have their own billionaires backing them (Republican billionaires backing the Republican nominee, and Democratic billionaires backing the Democratic nominee), and so there’s a real contest, they both have a chance; but not this time: Look at the figures, and you can see that, this time around, virtually all of the oligarchs are backing only one candidate: they have united around Clinton.

On August 2nd, Carrie Dann at NBC headlined, “Clinton, Allies Have Reserved $98 Million in Ads”, and she opened: “Hillary Clinton and her allies are poised for a TV ad blitz of nearly $100 million dollars, compared to less than $1 million currently reserved on the airwaves by backers of Donald Trump.” That’s a wipe-out of Trump, by the oligarchs.

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