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How Small Money Can Matter Again in Politics

Sept. 28 (Bloomberg) -- A funny thing’s happening on the way to Nov. 6. The billionaires trying to buy the U.S. election with contributions of $1 million, $10 million or even $100 million aren’t succeeding.

If trends continue and the Democrats have a good year (still a big if), the notion that in order to win candidates need the indirect backing provided by gobs of money from super-political action committees will be discredited.