Wednesday, June 6, 2012

Money in Politics


Thanks to our morally bankrupt Supreme Court, vast amounts of money have enriched the Republican party and its candidates. Scot Walker just won his recall challenge in Wisconsin by swamping the opposition with ads etc. Romney won the Republican nomination by swamping Santorum and others. But I think that there is a limit to what money can buy.

For example, Stacey Lawson outspent Norman Solomon by a margin of about 9 to 5, but ran behind him in our local congressional primary. What I think I see is this: for money to make a difference, outspending your opponent by 2 to 1 isn't good enough. You need a huge difference, something like 5 to 1 or maybe 10 to 1. An opponent with half your money has enough money to fight back. This augers well for Obama, who is predicted to raise about half the cash that the 1% gives to Romney and certain radical right front groups.  

No comments: