Trevor Noah: Campaign spending has gotten so ‘insane’ that millionaires are just mocking us now
Trevor Noah tackled the insane amount of cash pouring into the presidential election — with an estimated $5 billion in contributions expected to be made before Americans choose someone to lead the executive branch.
That’s double the amount spent in 2012, when Barack Obama was re-elected over Mitt Romney, and the most astonishing thing is — much of that money is coming from just 158 families, out of 120 million households in the U.S.
They’ve contributed $176 million — which is about half of all campaign contributions so far — and 138 of those donors have given money to the GOP while just 20 have given to the Democratic Party.
“That is insane,” Noah said.
He said candidates can’t even consider a run for president without a billionaire sponsor — such as Paul Singer, T. Boone Pickens, Farris and Dan Wilks, and Haim Saban.
“Billionaires are spending so much money on this election, it’s like candidates (are) almost pretentious artworks,” Noah said, adopting a snobby accent. “Yes, I picked up this Cruz at auction. It’s a bit weird, but I do have eccentric tastes.”
Most of the spending has come through Super PACs, which have no limit on the amount of money they can take in.
“In fact, they’ve gotten so powerful that at this point — they’re just showing off,” Noah said.
John Jordan, a multimillionaire Florida winery owner, has established a Super PAC for Sen. Marco Rubio (R-FL) called “Baby Got PAC,” Noah pointed out.
“Really?” Noah said. “Baby Got PAC? That’s real professional, guys. Which begs the question, what names didn’t you use? I Like Big Bucks and I Cannot Lie?”
Watch the entire segment posted online by Comedy Central: