Public Campaign Action Fund Communications Director Adam Smith appeared on Current TV's War Room with Jennifer Granholm last night to discuss billionaire-backed super PACs and the 2012 election. Smith was joined by Republic Report's Lee Fang.
Smith: "...big money donors want to influence the policy making process and they want a return on their investment. It’s bad for our democracy when regular people don’t feel they can get the ear of their lawmakers, that only people who have large sums of money can, Smith says. It’s not good for people’s trust in our democracy.”
Speaking of billionaires influencing the 2012 election, presumptive Republican presidential nominee Mitt Romney has a slew of billionaires funding his campaign and aligned super PAC. Here's a look at them.