https://data4democracy.substack.com/p/the-mothership-vortex-an-investigation

“extracted $282 million from a network of spam PACs while delivering just $11 million to actual campaigns”

GOP is worse of course, but only in degree.

“fundraising model that now dominates Democratic inboxes—a high-volume strategy that relies on emotionally charged, often hyperbolic appeals to compel immediate donations. This model, sometimes called “churn and burn,” prioritizes short-term revenue over long-term donor relationships.”