Mitt Romney just announced his third $100-million month. He has approached this presidential campaign like a private-equity bid: the man with the most money wins.
But campaigns are only part of the money in play post-Citizens United. The 2012 elections are expected to cost an unprecedented $5.8 billion dollars—$2.5 billion on the presidential race alone—according to the invaluable Center for Responsive Politics. And when it comes to the Super-PACs—the new, new thing in campaign finance—Democrats are being left in the dust.
Take in this reality check: The Mitt Romney-associated Super-PAC Restore Our Future has outraised the Obama-associated Priorities USA Action by a five-to-one margin, despite Priorities raising a personal best $10 million last month.
This is indicative of the un-equal playing field in Election 2012. Conservative Super-PACS and outside groups have raised $248 million—nearly four times the $65 million raised by their liberal counterparts.
And that’s just the money we know about—not the dark money flooding the system through the abuse of 501-C4 “social welfare” organizations attached to Super-PACs that don’t have to disclose donors ever, or expenditures until more than a year after the election.
Conservatives have done far more to take advantage of Super-PACs than liberals. In fact, there are more than twice as many Republican-leaning Super PACs this cycle as Democratic-leaning ones
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