Conservative Cash from Shadowy Sources Floods Elections

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Posted by stevebenen at 8:07 am
September 14, 2010

Conservative Cash from Shadowy Sources Floods Elections
Posted by stevebenen on @ 8:07 am


This post appeared on Washington Monthly.


A Republican strategist involved in independent-expenditure campaigns recently told Politico, “If there is a time for independent groups to step up, this is it. This is the year for independent groups to put up or shut up.”

Believe me, they’re putting up.

Going into the cycle, the fundraising edge appeared to belong to Democrats. The RNC’s hopeless mismanagement and incompetence gave Dems a boost, and the House and Senate committees have fared quite well all year against their Republican counterparts. The party with better financing doesn’t always win, but the coffers at least suggested Dems had the resources to be competitive.

But that picture was limited in scope. In 2010, comparing Democratic fundraising to Republican fundraising is simply incomplete, because it fails to account for the massive campaign expenditures conservative groups are making.

Outside groups supporting Republican candidates in House and Senate races across the country have been swamping their Democratic-leaning counterparts on television since early August as the midterm election season has begun heating up.

Driving the disparity in the ad wars has been an array of Republican-oriented organizations that are set up so they can accept donations of unlimited size from individuals and corporations without having to disclose them. The situation raises the possibility that a relatively small cadre of deep-pocketed donors, unknown to the general public, is shaping the battle for Congress in the early going.

The yawning gap in independent interest group spending is alarming some Democratic officials, who argue that it amounts to an effort on the part of wealthy Republican donors, as well as corporate interests, newly emboldened by regulatory changes, to buy the election.

That’s not especially hyperbolic. 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. ...........(more)

The complete piece is at: http://blogs.alternet.org/speakeasy/2010/09/14/conservative-cash-from-shadowy-sources-floods-elections/