Power shifts to those who write giant checks, rather than collect many smaller ones.
In the wide-open, Wild West world of political fundraising spawned by the Supreme Courts Citizens United decision, a once-bright liberal star has dimmed a bit in the current presidential election cycle: The Hollywood bundler.
In the 1990s, a donor who rounded up, say, $50,000 in hard-money contributions from like-minded friends, or gave $100,000 of his or her own money to the Democratic National Committee ranked as a big player and got a front-row seat in Democratic politics.
In the gilded age of deep-pocketed conservative donors like Sheldon Adelson, Foster Friess and the Koch brothers who can afford to give millions to super PACs backing a single candidate, if they choose thats no longer true, as some longtime donors active in Hollywood and New York now acknowledge.
To compete with her GOP rivals, Hillary Clinton will have to tap Democratic-friendly billionaires like George Soros, Tom Steyer and even Michael Bloomberg in the crunch of the general election campaign. Even celebrity-studded galas and concerts will presumably lose some of their allure.
Read more: http://www.politico.com/story/2015/05/hollywood-bundlers-are-losing-the-spotlight-117565.html#ixzz3Z6Xh9zAK
bloomberg Republican as they come.