AlterNet: The Top 10 Biggest Beneficiaries of ‘Citizens United’ in the 2012 Election

A report from the Center for Public Integrity reveals that Citizens United allowed an extra $1 billion in special interest money in the last election.

-By Laura Gottesdiener

January 17, 2013- As the never-ending campaign ads demonstrated, the 2010 Supreme Court ruling Citizens United flooded the most recent election with additional money, making it the most profit-fueled presidential election in U.S. history.

Now, the Center for Public Integrity (CPI) has put its finger on a figure of just how much more money the ruling ushered in: nearly $1 billion.

According to the records of the Federal Election Commission, $933 million came directly from the companies, unions and individuals who took advantage of Citizens United to funnel money into super PACs. This money overwhelmingly went to paying for the attack ads that made the 2012 election one of the most historically bitter contests, with pundits regularly calling it the “nastiest,” “meanest,” or even “dirtiest campaign in history.”

The FEC records show that about two-thirds of all the Citizens United-fueled money went to ten super PACs or political nonprofits, nine of which focused exclusively on buying media spots and ads for candidates. Of these ad spots, 89 percent were focused on denouncing the opposing candidate, explaining the prevalence of attack ads throughout the contest.

Political consultants have long argued that attack ads are more powerful in swaying voter opinion–and the recent outpouring of money into attack ads offers further evidence of negativity’s success. Many consultants also think, however, that these same attack ads adversely affect the democratic process. In one study, about 75 percent of consultants polled “contend[ed] that attack ads and negative TV advertisements contribute to voter cynicism throughout the campaign season.”

FULL STORY HERE:



'AlterNet: The Top 10 Biggest Beneficiaries of ‘Citizens United’ in the 2012 Election' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.

1 × 2 =

ProtectOurElections.org Copyright 2014 All Rights Reserved.