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Wednesday September 08, 2010 06:31 by Tiresias
Thanks to the Supreme Court's 5-4 January ruling that it is unconstitutional to limit corporate campaign contributions this year's election cycle is on pace to shatter previous election spending records. View the full article at www.tiresiasspeaks.wordpress.com There are expected to be as many as 100 competitive races for House seats as well as 37 races for governor this year and according to the Associated Press, the latest financial reports show that House and Senate candidates have already raised 1.2 billion dollars in order to win those races. This is far ahead of the pace of the past several record-setting elections and the money is pouring into the coffers of both Democratic and Republican candidates alike. Despite the rhetoric from both sides of the aisle surrounding the ailing US economy and the need for fiscal responsibility, both parties seem unwilling to spare any expense when it comes to investing in their own self-preservation. So, why even as the US economy continues to shrink is 2010 on pace to be such a record setting year? |
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