3 posts tagged 2012 presidential election
President Obama succumbed late Monday to the dark logic of the Super PACs, instructing top West Wing staffers to help raise money for the so-called “independent” groups that have been successful in picking winners and losers thus far in 2012.
“We decided to do this because we can’t afford for the work you’re doing in your communities, and the grassroots donations you give to support it, to be destroyed by hundreds of millions of dollars in negative ads,” Obama’s campaign manager Jim Messina wrote supporters in an email Monday night.
This is no small news — which explains why the New York Times placed this story on page one today — as it signals that the president has reversed his earlier stance against working with Super PACs and joined others on the low road to political influence.
It also sounds the starting gun for the real race to win the White House in 2012 — one that will very likely award the candidate who raises the most cash with victory in November. In this case, though, it won’t be the victor who gets the spoils, but the wealthy corporations and individuals that funded him.
What’s really happening in 2012 is a transfer of money and power unlike any other in the history of U.S. politics. It’s a process that’s unfolding in corporate boardrooms and corridors of political power, far from public view or scrutiny.