Thursday, November 8, 2012
The Good News: Super PACs failed to buy the election - Karl Rove’s PAC was for naught
Good Day World!
Much to my surprise the Super PACs failed to deliver the election for Romney. Over 85% of the Super PACs raised money for Republicans, but they failed to buy the presidency. This is encouraging, and hopefully will send out a message: the American public isn’t going to let the wealthy minority subvert democracy.
I particularly enjoyed reading about Karl Rove’s Super PAC – American Crossroads – had a 1 % success rate in attack ads wasting $103 million in the effort. I hope Darth Cheney gets the message and heads back to the dark star he’s from!
Karl Rove was the political genius of the George W. Bush era -- the architect of the last Republican president's two electoral victories. But this week, he may have had the worst election night of anybody in American politics.
Not only did Rove insist on Fox News that Ohio was still winnable for Republican challenger Mitt Romney after all the TV networks had called it for President Barack Obama -- causing anchor Megyn Kelly to march down to the Fox "decision desk" mavens, who assured her on air that they were "99.9 percent" confident in their call -- but his trailblazing "independent" super PAC operation was virtually shut out on election night.
A study Wednesday by the Sunlight Foundation, which tracks political spending, concluded that Rove's super PAC, American Crossroads, had a success rate of just 1 percent on $103 million in attack ads -- one of the lowest "returns on investment" (ROIs) of any outside spending group in this year's elections.
Money can't buy happiness, or an election
American Crossroads spent heavily, not just on Romney, but on attack ads on behalf of GOP Senate candidates in eight states -- thanks to mega contributions from conservative donors like metals magnate Harold Simmons ($19.5 million), Texas homebuilder Bob Perry ($7.5 million) and Omni hotelchief Robert Rowling ($5 million.)
The super donors didn't get much for their money. Six of the eight GOP Senate candidates that American Crossroads spent money to try to elect – Tommy Thompson in Wisconsin, George Allen in Virginia, Josh Mandel in Ohio, Richard Mourdock in Indiana, Denny Rehberg in Montana and Todd Akin in Missouri – lost their races, along with Romney. The group did, on the other hand, help to elect Deb Fischer in Nebraska and Dean Heller in Nevada.
(The Sunlight Foundation calculation of "return on investment" was based on the percentage of money it spent on individual races-- and since Crossroads spent the most on the races it lost on, the group earned its low 1 percent "return on investment" or ROI. A sister group, Crossroads GPS, which operates out of the same offices as American Crossroads but does not disclose its donors, fared little better, netting a return on investment of only 13 percent, according to the Sunlight Foundation report.) (Read the rest of the story here)
Time for me to walk on down the road…
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