This is the most discouraging thing I've heard yet in this campaign season. Corporate Cash is buying what's left of our political system. The minority, wealthy, corporate class is succeeding in buying Congress, the judicial appointments, and will shortly own the Government.
Since they see the Government as their biggest competitor for what's left of the money in the middle class they are making sure that the pipeline for cash runs straight to them.
Peasant revolt anyone?
Citizens United After Eight Months
Last January, in the Citizens United case, the Supreme Court ruled that corporations were free to spend unlimited sums to support or oppose candidates for office. Eight months later, how's that working out? Michael Luo and Stephanie Strom report in the New York Times:
"I can tell you from personal experience, the money’s flowing," said Michael E. Toner, a former Republican FEC commissioner, now in private practice at the firm Bryan Cave.
The reason the Times' paints only an "anecdotal portrait" and Toner relies on his "personal experience" is that this new corporate money is increasingly being funneled through 501(c)(4) groups that aren't required to disclose who their donors are. You can see the results at the Washington Post's running tally of campaign spending by interest groups: seven of the top ten spenders are Republican organizations, and they're outspending Democrats by nearly two to one, much of it on ads specifically targeted against Democratic House and Senate candidates.
And all that money is showing up on the airwaves. Jonathan Martin of Politico reports that an internal Democratic spreadsheet has tallied up the spending so far, and the story is grim: as of this week, pro-Republican organizations had paid for a total of $23.6 million worth of ads compared to $4.8 million for Democratic-aligned groups. And it's only going to get worse: Over the next four weeks, GOP groups have $9.4 million worth of TV ads reserved across 40 districts compared to $1.3 million in five districts for Democratic groups.
And what about liberal groups? Even in the best of times they have a hard time competing with corporate PAC money, but this year is even tougher. At the same time that Citizens United has opened the spigot even wider for Republicans, it's run dry for Democrats. While Karl Rove and his buddies are hoovering up over $50 million for American Crossroads, liberal fundraisers are struggling with a base that's dispirited and unhappy over failures on climate change and DADT and shortcomings on healthcare reform. Jim Jordan, who has started up a new group called Commonsense Ten that's airing ads in Senate races, explains things crisply: "The progressive donor base has stopped writing checks," he says.
Which means that liberals had better get out of their funk and start supporting liberal causes and liberal candidates. Because it's a sure bet that all those corporations newly empowered by Citizens United won't be.Read more at motherjones.com