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Posts Tagged ‘Linda McMahon’
November 3rd, 2010 at 8:16 pm
Note to the Hand-Wringers: Money Doesn’t Buy Elections
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Politico usefully rebukes the conventional wisdom about money in politics with a look at this year’s self-financing candidates:

According to the Center for Responsive Politics, only one of the eight candidates running for Congress who contributed more than $3.5 million to their own campaigns stood amid the confetti and balloons on Election Night.  
Johnson’s victory, however, could well be attributed to the fact that he ran a hybrid fundraising operation. He put in $8 million but still raised another $4 million, which helped to generate volunteers for his campaign and created a path for supporters to feel invested in it.

Jennifer Steen, an expert on self-financers at Arizona State University, said, “The common thread among losing self-funders is inexperience, and they all started their campaign with serious deficiencies and some naïveté about their deficiencies. Others might call that arrogance or hubris.”

The one winner in the group is Republican businessman Ron Johnson, who beat Sen. Russ Feingold (D-Wis.), one of the Senate’s most ardent champions of campaign finance reforms that would limit the role of big money in federal races.

In Connecticut, Republican Senate nominee Linda McMahon spent $47 million of her own money. In Florida, Jeff Greene dropped $24 billion attempting to get the Democratic nomination for the U.S. Senate. In California, Carly Fiorina invested $5.5 million out of her own accounts for a shot at the upper chamber, though that number paled in comparison to the $143 million ponied up by the GOP gubernatorial nominee, Meg Whitman. What do they all have in common? They all lost.

For the professional fretters who rent their garments in support of McCain-Feingold and gnashed their teeth over the Supreme Court’s Citizens United decision, there’s a valuable lesson here: money buys you the means to make your case, not the right to have that case accepted by the voters. Big money in political races can be just as much a drawback as an advantage. And if you don’t believe that, just ask the organized labor establishment, whose investment in this year’s races turned out to be a toxic asset.

September 18th, 2010 at 5:37 pm
Pundits Can’t See the Tea Party Forest for the O’Donnell Trees
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It’s nearly a week later, but on this Sunday talk show-eve we can be guaranteed that tomorrow’s beltway chatter will be dominated by talk of Christine O’Donnell’s upset of Mike Castle in the GOP senate primary in Delaware. To save you the pain of sitting through Meet the Press, This Week, Face the Nation, Fox News Sunday and CNN’s State of the Union, here are the basic talking points you’re going to hear all morning: O’Donnell’s win proves that Tea Party radicals are taking over the GOP, ruining their chances for a majority this year and imperiling the long-term existence of the party.

Put aside the obvious bias of these remarks (remember how two years ago the GOP was imperiled because it was losing? Now apparently it’s imperiled because it’s winning). The truth is a lot more complicated.

It’s undoubtedly true that O’Donnell’s nomination makes it much likelier that Democrats will retain the Delaware seat that used to be held by Joe Biden. Delaware is a solidly blue state and O’Donnell’s deep Republican red — regardless of her virtues or vices — is never going to play as well as Castle’s fuschia statewide.

The Tea Party’s stated goal, however — moving the Republican party closer to the principles of small government — is on track for success in most of its other contested senate races throughout the country. Ken Buck in Colorado, Mike Lee in Utah, Ron Johnson in Wisconsin, Rand Paul in Kentucky, Pat Toomey in Pennsylvania, and Marco Rubio in Florida are among the Tea Party-backed candidates who appear on track for victory. Joe Miller in Alaska is a strong bet too, though Lisa Murkowski’s misbeggoten attempt at a write-in candidacy may tighten that race. Only Nevada’s Sharron Angle presents similar difficulties to O’Donnell, but on a far narrower basis. As of this writing, she’s polling essentially even with Harry Reid.

But there’s an even bigger misperception at work here. Since pundits only discovered a few weeks ago that Republicans had a shot at taking over the senate, they were able to put their Prozac back in the medicine cabinet with the O’Donnell win. This is a mistake. For while Delaware may have just slipped out of reach, two seats that were not previously part of the electoral calcuation are now in play.

The first is in Connecticut, where former WWE CEO Linda McMahon has pulled within five points of the supposedly invincible Attorney General Richard Blumenthal. The second is West Virginia, where the seat formerly held by Robert Byrd was expected to be an easy win for Democratic Governor Joe Manchin. However, industrial executive John Raese has closed the gap to within five points as well. Given the strong conservative turnout expected this year, these could both be sleepers come election night.

Don’t despair, conservative America. We’re just getting started.

June 18th, 2010 at 12:19 pm
America’s Top Three Bizarro Candidates

Look!  Up in the sky!  It’s a female wrestler!  It’s a “meltdown mogul!”  No, it’s…Alvin Greene?

Thank goodness for the East Coast and its bipartisan craziness when it comes to U.S. Senate candidates.  In Connecticut former World Wrestling Entertainment CEO Linda McMahon is using her millions to batter her Republican primary opponents with the financial equivalent of a conveniently located folding chair.

Florida’s Democratic primary just got more intriguing with the unexpected candidacy of Jeff Greene, a “meltdown mogul” who made a killing betting on the housing market collapse who had Mike Tyson serve as his best man.  The possibility of his beating establishment favorite Rep. Kendrick Meek has some party officials thinking about backing newly Independent Charlie Crist in the general election.

And let’s not forget South Carolina where the still mysterious Alvin Greene (no relation to Florida’s Jeff), was recently allowed to continue as the Democratic Party’s popularly chosen nomineeCFIF readers may recall that Alvin raised no money, did no campaigning, and cruised to a 60% victory apparently because of being listed first on the primary ballot.

CFIF will keep an eye on these and other races for you as the election heats up.