Posted by antonsirius on 10/4/2010 10:57:00 AM (view original):
The impact of Citizens United:
The $80 million spent so far by groups outside the Democratic and Republican parties dwarfs the $16 million spent at this point for the 2006 midterms. In that election, the vast majority of money - more than 90 percent - was disclosed along with donors' identities. This year, that figure has fallen to less than half of the total, according to data analyzed by The Washington Post.
The trends amount to a spending frenzy conducted largely in the shadows.
The bulk of the money is being spent by conservatives, who have swamped their Democratic-aligned competition by 7 to 1 in recent weeks. The wave of spending is made possible in part by a series of Supreme Court rulings unleashing the ability of corporations and interest groups to spend money on politics.
Lets break this down a bit.
2006 $16 million spent and 90% was disclosed.
2010 $80 million spent and 45% disclosed.
So after CU, which is supposed to change everything, another $64 million ios being spent and about $38 million is from unknown sources.
Doesnt seem like the end of the world to me!