Nov 5, 2010
Conservative and Republican third party groups flood the election with cash
The many Democratic voters who sat out Tuesday’s elections because they don’t think mid-terms are important don’t share that view with third party special interest groups who spent a near record amount of cash on the 2010 election.
Open Secrets said, as of Oct. 28, that the Center’s research indicates that all outside groups have spent $455 million to influence the election, and that’s more than the money spent to influence the presidential election in 2004. They needed to spend another $130 million during this election cycle to match the record spent in the 2008 presidential election. They may have already done that, and the numbers have not yet been added up.
OS reports that “overall this cycle, outside groups,” including the national Republican and Democratic Party committees, “unions, trade associations, nonprofits and “super PACs” such as American Crossroads, have so far favored Republicans. Conservative-oriented groups have spent $1.34 for every $1 liberal-affiliated groups have spent.”
If you take out the political parties, these independent non-party-committee organizations have also spent more this cycle than they did six years ago: $280 million this cycle versus $200 million in 2004. Not only that, but the gap between Republican-aligned and conservative groups and Democratic-aligned and liberal groups is even larger.
OS reports that so far this election season, third party Republicans spent $2.12 for every $1 that Democratic-aligned and liberal groups have spent, according to the Center’s analysis.
In the wake of the Supreme Court’s Citizens United v. Federal Election Commission ruling earlier this year, these groups have been able to raise unlimited contributions for political messages, and OS said numerous corporations and wealthy individuals have invested millions to fund advertisements this year. Funding political advertisements with such high-dollar donations was previously illegal.
The U.S. Chamber of Commerce pumped millions and millions of dollars of unregulated and untraceable cash into Republican coffers that most likely came from foreign companies and governments. The chamber refused to tell the American people where it came from; telling us to just trust them. I’m sure lots of the money came from companies and governments where American jobs are being outsourced and going to Republicans who support outsourcing.