“Last night, The Daily Show with Jon Stewart called the real winner of the midterms: big money. “Incredible night for money in politics!” gushed one of the show’s correspondents. Indeed, in the first national elections since the Supreme Court allowed even more money to flood our democracy through its April McCutcheon v. FEC decision, the tidal wave of spending was worse than the most dire predictions.
The “Money Midterms,” as some dubbed them, were predicted to be the most expensive in history. Local news stations struggled to keep up as spending on political ads skyrocketed. Unsurprisingly, a tiny fraction of our country was calling the shots. As of October 15, just 140 donors had made more than 60 percent of this cycle’s super PAC contributions. In a post-Citizens United political landscape where corporations and billionaires can literally spend as much as they want to influence elections, The Daily Show is right: The most enduring “winners” in the midterms may be the wealthy interests that bankrolled their candidates of choice and can now expect to have the ears of their chosen representatives.”* The Young Turks host Cenk Uygur breaks it down.
*Read more here:
http://www.huffingtonpost.com/marge-baker/on-money-in-politics-2014_b_6110026.html
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