Sunday, January 29, 2012

The Biggest Political Donations of All Time

If Adelson?s Gingrich gifts aren?t the largest political contributions in American history, might they be the biggest gifts dedicated to a single candidate?s campaign? In nominal dollars, perhaps. When you adjust for inflation, however, the free-spending donors of the pre-Watergate era?a time when individuals could give unlimited amounts directly to candidates? campaigns?might have the edge. On the Democratic side, the biggest spender was philanthropist Stewart Mott, who gave $200,000 to anti-war candidate Eugene McCarthy in 1968 and $400,000 to George McGovern in 1972. Both amounts equate to more than 1 million today.

Source: http://feeds.slate.com/click.phdo?i=8dc41c8377b6a08671ebc68a0c6b1514

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