Dark Money and Our Looming Oligarchy

Michael Tomasky 

Hundreds of millions of untraceable donations are flowing to candidates, and at some point soon untraceable ‘dark money’ will likely overtake the system.

 

There is something obscene in looking at the raw numbers, is there not? More than $500 million being spent on House races, and north of $300 million on Senate contests. A half-billion dollars! In the House! Where, as of yesterday, the Cook Political Report was counting a mere 17 contests as toss-ups, with 19 others as vaguely competitive. [This paragraph originally said $300 billion, which was incorrect.]


But the gross (double entendre intended) amounts aren’t the money story of this campaign. The money story of this campaign is that undisclosed money is starting to overtake the system and overtake our politics, and that at the heart of this corruption sits a lie peddled to us by the Supreme Court when it handed down the Citizens United decision. Whether it did so naively or cynically, I honestly do not know. But let’s just say that if it was naïve, it was almost too naïve to believe, Steve.