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Obama campaign strategist David Axelrod said Wednesday that billionaires were trying to buy the United States government in the November elections.

“There was a report this morning that the Republican Super PACs, apart from Romney and apart from his own super PAC, intend to spend a billion dollars in this campaign setting up shadow state organizations—district-wide organizations—as well as running media,” he told Current TV host Jennifer Granholm.

“So a handful of plutocrats of billionaires with a special interest agenda are going to try and buy this government in this election, and the stakes of that are pretty profound.”