Tuesday, January 24, 2012

Wouldn't it be ironic...

...if the Citizens United decision cost the Republicans the 2012 election?

From a front page story in the Times this morning, " 'Super PAC' for Gingrich To Get $5 Million Infusion" (my emphasis):

A wealthy backer of Newt Gingrich will inject $5 million into a "super PAC" supporting his presidential bid, two people with knowledge of the contribution said on Monday, providing a major boost to Mr. Gingrich as he seeks to fend off aggressive attacks from Mitt Romney, his main Republican rival.

The supporter, Dr. Miriam Adelson, is the wife of Sheldon Adelson, a longtime Gingrich friend and a patron who this month contributed $5 million to the super PAC, Winning Our Future. Dr. Adelson's check will bring the couple's total contributions to Winning Our Future to $10 million, a figure that could substantially neutralize the millions of dollars already being spent in Florida by Mr. Romney and Restore Our Future, a super PAC supporting him.
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The Adelsons’ contributions on Mr. Gingrich’s behalf illustrate how rapidly a new era of unlimited political money is reshaping the rules of presidential politics and empowering individual donors to a degree unseen since before the Watergate scandals.

The wealth of a single couple has now leveled the playing field in two critical primary states for Mr. Gingrich, a candidate who ended September more than $1 million in debt, finished out of the running in Iowa and New Hampshire and, unlike Mr. Romney, has yet to attract the broad network of hard-money donors and bundlers that traditionally propel presidential campaigns.

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