The best government their money can buy

Because Democrats didn’t blow up the Senate filibuster – like I told them to – we’ll be paying dearly for years to come (h/t Balloon Juice):

Interest groups are spending five times as much on the 2010 congressional elections as they did on the last midterms, and they are more secretive than ever about where that money is coming from.

The $80 million spent so far by groups outside the Democratic and Republican parties dwarfs the $16 million spent at this point for the 2006 midterms. In that election, the vast majority of money – more than 90 percent – was disclosed along with donors’ identities. This year, that figure has fallen to less than half of the total, according to data analyzed by The Washington Post.

The trends amount to a spending frenzy conducted largely in the shadows.

The bulk of the money is being spent by conservatives, who have swamped their Democratic-aligned competition by 7 to 1 in recent weeks. The wave of spending is made possible in part by a series of Supreme Court rulings unleashing the ability of corporations and interest groups to spend money on politics. Conservative operatives also say they are riding the support of donors upset with Democratic policies they perceive as anti-business.

Get ready for a second era of lower taxes for rich people, decreased government regulation on already reckless corporations (oil, food and financial companies), diminished welfare for unfortunate Americans. These folks aren’t buying elections to help you and me out. Noblesse oblige is dead.

3 Comments

  1. Well said! I have been toying with this subject myself….

    http://lobotero.wordpress.com/2010/09/21/going-once-going-twice-sold/

    http://lobotero.wordpress.com/2010/09/20/omg-its-corporatism/

  2. Chris

    Good posts lobotero.

    On the one hand it’s easy to think the situation is hopeless. On the other hand, corporate money has always influenced elections, just in a less brazen way. The next few years will tell us whether or not our political system has actually changed for the worse.

  3. Thanx…..but I think it will get worse before, if ever, it gets better….the mid-terms will let us know if any bills will get anywhere near the floor…..