Wednesday, September 15, 2010

Why aren't the Democrats competitive in fundraising? by gimleteye

It is clear enough that money from independent donor groups-- reinforced by a recent decision by the US Supreme Court favoring unlimited independent expenditures by corporations-- has massively swerved to conservatives in this election cycle. Noted from Politico to Alternet: "Right-wing interests are collecting millions for attack ads, financed through shadowy groups awash in undisclosed donations. We know a bit about the efforts of some far-right billionaires, including the Koch brothers, but we can only see the tip of a large iceberg — the rest is deliberately (and legally) kept from view. To quantify this a bit, groups helping Republican Senate candidates outspent Democratic-friendly outfits $10.9 million to $1.3 million over the last five weeks. That’s not a typo — the advantage was eight to one. Spending from both parties’ candidates was relatively even, but the GOP drive to take the Senate benefits because right-wing organizations are pumping huge sums into ads that benefit Republicans."

So where did the Democrats, go? The GOP avers that Democrats always benefit from the support of unions, offsetting the Chamber of Commerce. But unions have scarcely been energetic in this crippling recession. In its first term, the Obama White House has been the least donor-friendly in generations. The digital magic wand, through which Obama captured hundreds of millions on the internet, isn't working so well, today. The widening gap between political rhetoric and facts of the ground hasn't helped. We will see soon enough if fickle American voters have such short-term memories that they are willing to return control of Congress to the same special interests who drove the economy off the rails.

3 comments:

Anonymous said...

Not to worry......The Tea Party seems to be undermining the GOP. If this continues, the Dem's will easily win in November!

Anonymous said...

Two years ago Obama and the leaders of the Democrat Congressional Majority raised huge sums of money - Obama even rejected matching funds so that he could rake in even more millions! Businesses gave because the Dems controlled Congress and Obama sure looked ike a winner, so naturally they gave to have a seat at the table when policy and legislation are crafted.
Fast forward to today, and we see Obama, Pelosi and Reid all tanking in the polls, along with wholesale rejection of their progressive agenda. Businesses got burned despite sitting at the table with the administration. We see the fiscal conservatives energized and turning out in droves to elect their favored candidates, and the GOP is poised to win back the House and maybe the Senate too! The campaign money is simply following the momentum of the Republicans and the increased popularity of their anti-Big Government agenda.

Rick said...

Karl Rove is now too far Left for the Lunatic Right...it's some amazing times.

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