Harold Simmons

(Newser) - When the Citizens United decision came down, many people expected a corporate takeover of the political system. But that hasn't happened, Timothy Noah of The New Republic points out. Corporations wanted no part of campaign controversy. Instead, super PACs are fueled by "crankocrats," tycoons like Foster Friess,...

(Newser) - Sheldon Adelson and Foster Friess have been in the spotlight as the billionaire backers of Newt Gingrich and Rick Santorum, respectively, but one man has given more than either of them to the GOP's 2012 effort: Harold Clark Simmons. The difference is that Simmons, the 80-year-old Texas billionaire head...

(Newser) - Need proof that the term “grassroots” has become a meaningless political buzzword? Karl Rove’s American Crossroads group, which has occasionally used the term, is funded almost exclusively by four billionaires, according to Salon . And two of the four made their money in the oil and gas industry. It’...