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Two largest GOP Super Pacs alone spent $247+ MILLION
Posted: Nov 8, 2012
More than two-thirds of outside spending backed losing candidates
By Anupama Narayanswamy Nov 07 2012 3:54 p.m.
"Republican-leaning outside groups got trounced in Tuesday's election results, with the biggest spenders getting little return for their investment. "
"The results achieved by mammoth spenders like American Crossroads, a super PAC, and Crossroads GPS, a nonprofit "dark money" group that doesn't disclose its donors, gave its founders, veteran Republican strategists Karl Rove and Ed Gillespie, a long election night. American Crossroads was on the losing side in eight races; with just over one percent of the money it spent backing a winning candidate. Crossroads GPS fared a little better; 13 percent of their spending backed winning candidates. Together, the Crossroads pair spent more than $170 million this election. "
(Over $1 billion in outside money was spent by both parties to influence the elections. Comprehensive, "not even a nickle" reform, anyone?)
http://reporting.sunlightfoundation.com/2012/Return-on-investmet-story/
;
Good grief. - RC
[ In Reply To ..]I hate, hate, hate all the money wasted on smear campaigns on both sides. It makes us look so ridiculous.
RC, strong stomach here. My problem is when money invested - PAYS OFF for the investors. nm
[ In Reply To ..]x
The principle's one man, one vote. Easy to understand, - easy to codify in law--if we choose. nm
[ In Reply To ..]x
All my life I have heard "campaign reform" - Never as bad as now
[ In Reply To ..]Citizens United is the very worst. We need real reform.
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