Posts tagged with 'Joe Miller'
Campaign Cash: Biggest Loser Corporate Edition—Spending $2 Million on a Losing Race in Iowa
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by Zach Carter, Media Consortium blogger
Corporate America is on the attack in every state. As Joshua Holland explains for AlterNet, outside groups have spent somewhere between $750,000 and more than $2 million in an attempt to unseat Rep. Bruce Braley (D-IA) in a state where ad buys come cheap. But Braley is almost certain to win anyway, even if his lead isn’t quite as comfortable as it was in 2008, when he took 64 percent of the vote. This is what corporations and wealthy elites are willing to pony up in races they’re sure to lose.
Most of that money comes from two groups: the U.S. Chamber of Commerce, a front-group for some of the nation’s largest corporations, and America’s Future Fund, a right-wing front-group founded by GOP lobbyist and ethanol executive Nick Ryan. Public News Service‘s Eric Mack highlights the races in Hawkeye state that are unusually flush with cash.
Thanks to the Supreme Court’s ruling in Citizens United v. Federal Election Commission earlier this year, corporations and wealthy elites now have license to spend unlimited sums to promote candidates they like (or attack ones they don’t). Things are already getting out of hand. Outside groups are dumping millions of dollars into obscure races this year—even in places where they appear to have almost no chance of victory.
