http://nymag.com/daily/intelligencer/2015/12/gop-billionaires-cant-seem-to-buy-this-election.html Take the 2012 contest between Mitt Romney and Barack Obama. Celebrated political strategist Karl Rove assured a murderers’ row of Republican megadonors that, with enough funding, his super-pac could put Romney in the White House. “I had every expectation we would be the victors,” says Home Depot co-founder Kenneth Langone, who gave half a million dollars to Rove’s American Crossroads. In the closing weeks of the campaign, Crossroads circulated a top-secret presentation to a small group of billionaires that projected Romney could win a “mandate” if they contributed an additional total of $25 million to fund a “surge” of negative ads. A handful ponied up, and on Election Night, they assembled in Boston certain they would be watching their investment pay off. Instead they watched Rove’s infamous Fox News meltdown as their $117 million grubstake went up in smoke. To many of the billionaires it felt like a mugging. A few days after the election, New York hedge-fund manager Daniel Loeb, who’d helped finance Rove’s surge, tried to sue Crossroads and Fox News for misrepresenting the facts. “Loeb felt this was like an investment bank committing fraud on a road show,” a friend of his told me. After conferring with a securities lawyer, Loeb discovered that there are no investor protections in politics. He never filed a suit. (And Loeb declined to comment.) Sad but funny.
whats interesting is how they are creating the PACs now, the billionaires are running them and not looking for political operatives to run them.
The bottom line is when the moooslim was running we were warned that this would end badly, it has. Now we are faced with an even worse situation, hrc wins this thing and holy shit it's gonna be worse than bad.
yes because the last republican did a bang up job, he left country in great shape. lets be for real for once.
better in many ways, worse in other ways. Bush did some good things, he did some horrible things. its called being pragmatic, not letting hatred blind me.