Citizens United effect kicks into gear - the most expensive midterms in history. By far.

charlie

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Thu Nov-04-10 12:06 PM
Original message

Citizens United effect kicks into gear - the most expensive midterms in history. By far.

Outside money nearly matched the last presidential cycle:

Liberal interests were outspent 2-1:

http://www.opensecrets.org/outsidespending/index.php

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Interesting factoid: 32 candidates spent $1+ million of their own fortunes. Only 4 won.

http://www.courant.com/business/hc-haar-1105-20101104,0,3781160.column

Also, while Meg Whitman's expenditure ($160m) is breathtaking, Linda McMahon ($46.6m) is the cost-per-vote champ by a mile: Nearly $100 each.

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EFerrari

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Thu Nov-04-10 12:09 PM
Response to Original message

1. Tusdeay night, Amy said $3 BILLION were spent on teevee ads

but I don't know what her source was.

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charlie

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Thu Nov-04-10 12:14 PM
Response to Reply #1

3. Aiyiyi!

Right or wrong, that it's not implausible makes my skin crawl. Mercantile "democracy" is an ugly obscenity.

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harun

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Thu Nov-04-10 12:12 PM
Response to Original message

2. The Corpo-Fascist's on the Supreme Court are saying "check-mate" about now.

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Warpy

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Thu Nov-04-10 12:14 PM
Response to Original message

4. The only good thing about this is separating plutocrats from their cash

because people aren't buying the conservative message all that much any more. The GOP got in this time not because people like them but because people are angry at the Democrats for conceding too much to them.

The plutocracy is going to run into the law of diminishing returns--the more they squander on elections, the less in overall gains those elections will net them.

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charlie

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Thu Nov-04-10 12:35 PM
Response to Reply #4

5. Shit, I hope so

Still, it might be a while coming, since they can afford the triple-price premium for each vote.

This is going to turn the mean, stupid, and ugly up past 11 next election. Jesus Godzilla Christ, save us.

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Warpy

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Thu Nov-04-10 12:38 PM
Response to Reply #5

6. Consider the cautionary tale of Meg Whitman

who sacrificed at least 10% of her net worth to lose an election. I have a feeling this is going to be the pattern, not the exception.

Most people are sick and tired of the constant mudball throwing. It's not working as well as it used to. The mud is sticking to the throwers these days.

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Old and In the Way

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Thu Nov-04-10 12:40 PM
Response to Original message

7. Wait till you see the $ they spend in 2012!

The Republican majority on SCOTUS has pretty much insured that corporations will outspend us 10:1 in the next election. And by 2012, who's gonna have any discretionary money available for politics? Oh, and we'll now have year round political commercials that will demonize whatever is left of the Democratic Party and our agenda. I've never been so pessimistic about this country's future...and I've been voting for 38 years.

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