Remember back in the day when
President Barack Obama and Democrats were in high dudgeon over “fatcat”
super PACs corrupting the political process?
"All
across America,” Obama said while campaigning for Senate Majority
Leader Harry Reid four years ago, "they are pouring hundred of millions
of dollars into a bunch of phony front groups running negative ads.”
"Take Senate Majority PAC, the super PACs with close ties to Reid (its co-chair is his former chief of staff).
It’s the No. 1 biggest spending outside group in this year’s
congressional elections, pumping in $47 million, according to recent
analysis by the nonpartisan Center for Responsive Politics.
The
Reid super PAC fueled with six-figure checks from liberal megadonors
(hedge fund billionaire Tom Steyer and Chicago media mogul Fred Eychaner
have chipped in $5 million a piece) has blasted out more than 45,000
ads in Senate races, mostly skewering GOP candidates. The group was
responsible for one in every 20 ads that have run this year, according
to the Center for Public Integrity.
And
they’re not alone. The No. 2 spending super PAC is — surprise — House
Majority PAC, House Democratic leader Nancy Pelosi’s backed counterpart
of Senate Majority PAC, which has spent $29.4 million"
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