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Having too many billionaire donors is hurting the Republican party...?

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  • Having too many billionaire donors is hurting the Republican party...?

    Here's a fascinating article about how the amount of money the Republican party is receiving from their numerous billionaire donors is hurting them, by leading to too many bad candidates running, who are staying in the race for too long, and running too many damaging attack ads against other Republican candidates during the primary which hurts their chances in the general:

    Republicans could barely contain their glee when the Supreme Court’s 2010 Citizens United decision cleared the way for unlimited spending in political campaigns. But now....Concerns are mounting among top donors and party elites that an influx of huge checks into the GOP primary will hurt the party’s chances of retaking the White House. Long-shot candidates propped up by super PACs and other big-money groups will be able to linger for months throwing damaging barbs at establishment favorites who offer a better chance of victory, the thinking goes....

    "A super PAC for a broadly successful candidate makes them doubly formidable. A super PAC for a marginal candidate keeps them alive...."

    "The super PAC era is going to make it harder to sort out the race, and particularly for the Republicans, who have so many candidates to begin with, it just keeps the clutter going...."

    “Super PAC money is a wild card that weakens our eventual nominee, regardless of who he or she is, due to the onslaught of negative ads against that candidate....”

    "But party leaders’ hands are tied when it comes to limiting the ability of mega-donors to subsidize fringe campaigns, including by attacking more viable rivals. And conditions appear ripe for super PACs to make the 2012 GOP primary — the first of the Citizens United era — look like child’s play by comparison."

    http://www.politico.com/story/2015/0...ed-120115.html

  • #2
    It is still going to be fun to watch.

    And who will be the ones to hang around... Trump? Walker? Paul?

    Comment


    • #3
      Originally posted by Raptor View Post
      It is still going to be fun to watch.

      And who will be the ones to hang around... Trump? Walker? Paul?
      Bush/Walker/Cruz would be my current bet. Rubio had an upward climb, since Bush is in the race, and I don't think he's making sufficient moves to stay on top. Cruz shouldn't be in the top three at the end but I'm guessing that he'll get Trump's voters and his money situation is surprisingly good.
      "I wonder about the trees. / Why do we wish to bear / Forever the noise of these / More than another noise / So close to our dwelling place?" — Robert Frost, "The Sound of Trees"

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      • #4
        It would be fun to see Trump win just to mess with both parties.
        "Neighbor, how long has it been since you’ve had a big, thick, steaming bowl of Wolf Brand Chili?”

        Comment


        • #5
          Presumably that would mean the US starts drilling into Trump's hair for oil.
          Learn to do right; seek justice. Defend the oppressed. Take up the cause of the fatherless; plead the case of the widow.--Isaiah 1:17

          I don't think that all forms o[f] slavery are inherently immoral.--seer

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          • #6
            Not that I think he could really get elected, but it would sure give DC the jolt they deserve.
            "Neighbor, how long has it been since you’ve had a big, thick, steaming bowl of Wolf Brand Chili?”

            Comment


            • #7
              Originally posted by Cow Poke View Post
              It would be fun to see Trump win just to mess with both parties.
              Sort of like how Minnesota got Jesse Ventura as governor?

              I'm always still in trouble again

              "You're by far the worst poster on TWeb" and "TWeb's biggest liar" --starlight (the guy who says Stalin was a right-winger)
              "Of course, human life begins at fertilization that’s not the argument." --Tassman

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              • #8
                Originally posted by rogue06 View Post
                Sort of like how Minnesota got Jesse Ventura as governor?
                EGGzackly
                "Neighbor, how long has it been since you’ve had a big, thick, steaming bowl of Wolf Brand Chili?”

                Comment


                • #9
                  And how much money is George Soros donating this year?

                  Comment


                  • #10
                    Originally posted by Faber View Post
                    And how much money is George Soros donating this year?
                    Not just George Soros (who made much of his money trying to wreck the British economy[1] and convicted of breaking inside trader laws) but James Simons, Peter Lewis and Warren Buffett. And then there are Tom and Jim Steyer.

                    Former Senate Majority Leader Harry Reid used to rarely let a day go by without wringing his hands about the influence that the Koch brothers supposedly had over the Republican party while remaining silent over the influence that folks like the Steyers wield over Democrats. For instance, in 2014 Tom Steyers gave $5 million to Senate Majority PAC, the pro-Democratic Super PAC run by former Reid aides. The New York Times reported that as of April 2014 "Mr. Steyer and his wife, Kat Taylor, were the top source of super PAC money in the country this election cycle, contributing a total of more than $11 million."

                    Steyer offered $100 million to Democrats that promised to support his energy agenda, chiefly blocking the proposed Keystone XL pipeline (which would cost him financially if it were built) but also includes massive new energy taxes and support for various "green energy" schemes that he is invested in.

                    But its only Republicans who have a problem with billionaire donors















                    1. Even liberal economic icon Paul Krugman has been highly critical of how Soros gets wealthy wrecking economies and financial markets writing "[N]obody who has read a business magazine in the last few years can be unaware that these days there really are investors who not only move money in anticipation of a currency crisis, but actually do their best to trigger that crisis for fun and profit. These new actors on the scene do not yet have a standard name; my proposed term is 'Soroi'."

                    I'm always still in trouble again

                    "You're by far the worst poster on TWeb" and "TWeb's biggest liar" --starlight (the guy who says Stalin was a right-winger)
                    "Of course, human life begins at fertilization that’s not the argument." --Tassman

                    Comment


                    • #11
                      Seeing as how the second biggest democratic candidate absolutely rejects those people, and very few people could name a 3rd democratic primary person this cycle, compared to the 20 or 30 or whatever Republican ones kept alive by different billionaires tossing out huge sums the problem seems pretty clear

                      Comment


                      • #12
                        Originally posted by Jaecp View Post
                        Seeing as how the second biggest democratic candidate absolutely rejects those people, and very few people could name a 3rd democratic primary person this cycle, compared to the 20 or 30 or whatever Republican ones kept alive by different billionaires tossing out huge sums the problem seems pretty clear
                        Using that logic consider how the front runner for the Democrats is absolutely beholden to these sort of people including many foreign nationals with anything but America's interest at heart. Compare that to the current front runner for the Republicans who scorns such contributors.

                        I'm always still in trouble again

                        "You're by far the worst poster on TWeb" and "TWeb's biggest liar" --starlight (the guy who says Stalin was a right-winger)
                        "Of course, human life begins at fertilization that’s not the argument." --Tassman

                        Comment


                        • #13
                          Originally posted by rogue06 View Post
                          Using that logic consider how the front runner for the Democrats is absolutely beholden to these sort of people including many foreign nationals with anything but America's interest at heart. Compare that to the current front runner for the Republicans who scorns such contributors.
                          Maintaining that logic, if it's just these big business interests protecting their own then it has little, if anything, to do with America's or any other countries, national interests, but corporate interests.

                          Not that I actually believe that Clinton is "absolutely beholden" to foreign nationals, that's ridiculous.

                          Comment


                          • #14
                            By anyones logic then, Bernie Sanders who has no money and relies only on small donations, being beholden to no one, is the only canidate whose word can be trusted on either side.

                            Comment


                            • #15
                              Originally posted by JimL View Post
                              By anyones logic then, Bernie Sanders who has no money and relies only on small donations, being beholden to no one, is the only canidate whose word can be trusted on either side.
                              Which won't be worth squat as he watches the nomination go to some other Democrat.
                              "Neighbor, how long has it been since you’ve had a big, thick, steaming bowl of Wolf Brand Chili?”

                              Comment

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