Pragmatist Obama Finds Idealism In Opposing His Own Super PACs
It's official: politicians are better at spending rich people's money than rich people are at spending their own money on politics. The ads aired by super PACs don't "appear to have significantly influenced voter opinion in key states in the presidential contest or in top congressional races," The Wall Street Journal's Neil King Jr. reports Monday. "The wide range of messages from the PACs may have confused voters, and viewers may be skeptical of ads backed by little-known groups that are unconnected to a candidate," King says, plus viewers can skip ads easier. Tracking all the dumb spending in the race so far, BuzzFeed's Ben Smith and Ruby Cramer write, "At times, the messages haven’t just been scattered, but have actually been flatly contradictory." The American Future Fund was trying to tie President Obama to Wall Street while Mitt Romney was saying Obama was hostile to business.
Despite concern earlier this year that super PACs would allow a handful of mega-rich donors to have an enormous influence on the campaign, it turns out these rich guys are not very good at buying elections. Let's take a look at their track record so far:
If the G.O.P. super PACs are disogranized, it's not for a lack of trying. Politico's Mike Allen, who profiles Sheldon Adelson, explains how even though they cannot directly coordinate with the Romney campaign, they have been trying to coordinate with each other. (Adelson spent $10 million on Newt Gingrich in the Republican presidential primary after it was clear Gingrich had lost.) Allen reports:
"If word got back to him that a group wasn’t cooperating, he’d cut them off," said a top official at one of the groups, who deals personally with Adelson. "It’s to maximize the dollars. You don’t want repetition. You don’t people doubling up. He doesn’t want to feel like his money is wasted."
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Elspeth Reeve
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