September 25, 2012

Wealthy Right Wingers Including the Kochs Have Pledged to Raise $1 Billion to Elect Romney and Other Republicans | Alternet

Wealthy Right Wingers Including the Kochs Have Pledged to Raise $1 Billion to Elect Romney and Other Republicans | Alternet
"Koch wasn't discussing the stock market or oil futures. He was talking money in politics: wealthy donors "investing" in elected officials,  apparently with the expectation of getting a return . In total, donors like the Kochs, along with Sheldon Adelson, Harold Simmons, and "outside" groups have pledged to raise a total of $1 billion this election to elect Republicans, particularly President Barack Obama's opponent Mitt Romney.
With support from these deep-pocketed outside donors and organizations, Romney could be the  first candidate  in modern history to outraise and outspend the incumbent president. Much of that money will be spent funding a  flood of ads  in the next few weeks in an effort to reverse Romney's poll numbers."