The 2010 Citizens United ruling by the Supreme Court removed restrictions on corporate and union spending in elections. and this lead to the invention of the Super PACs
...SUPER Political action committees have already spent millions on television ads and mailings to boost their favored candidates in Iowa. They also used these funds to destroy those candidates' rivals. Although they are only committees, They have had a dramatic influence on the race.
As the primary season is gaining full roar, the PACS have ramped up their efforts, whether it be funding campaigns to attack rivals or raise candidates who had be running low on finance.
TV ads have been broadcasting messages such as Newt Gingrich as the enemy for “collecting big bucks’’ from Freddie Mac, and Mitt Romney as a hero for “turning around’’ dozens of companies. Rick Santorum was even seen as a “courageous reformer with results’’ and Rick Perry was credited for his out of washington experiences. All of this praise, (well not for gingrich) and candidates didnt have to spend ANYTHING.
If you dont believe that these PACS are committed to getting their candidates elected, Romney-leaning super PAC Restore Our Future and the Perry-leaning Make Us Great Again have spent a combined $1.2 million on television ads in Iowa . INSANE!.
As shown with the 2010 midterm elections, Republican leaning super PACS spend wayyyy more money than their Democratic counterparts, which helped the Republicans to win the House and six seats in the Senate.
Democrats better pick it up in terms of spending, or the Republicans may win the presidency too.
But then again, do the Democrats have big spending companies (who's spending totally helped our economy) like Freddie Mac on their side? *wink at gingrich*
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