Tuesday, August 17, 2010

This doesn't make any sense:

Via Bloomberg:
Republicans, fueled by record fundraising, are poised to win most of the state governorships in November, which would give them an advantage in congressional redistricting and a new pool of talent for national office. ...

The Republican Governors Association, which is coordinating the campaigns, points to its fundraising numbers as evidence it has the advantage. The group has raised $58 million between Jan. 1, 2009, and June 30, 2010, compared with $40 million for the Democratic Governors Association, Internal Revenue Service filings show. Both groups say the amounts are records.

Unlimited Donations

Unlike the national political parties and federal candidates, the governors’ associations can take in unlimited amounts from corporations, and companies are showing their interest. News Corp., the media company controlled by Chairman and Chief Executive Officer Rupert Murdoch, gave the RGA $1 million in June. Wellpoint Inc., the biggest U.S. health insurer, contributed a total of $500,000 to the Republican group.
Fox News already provides valuable promotion for Republicans. It's worth tens of millions (and possibly up to a couple hundred million, judging from recent campaign expenditures).

For a measly one million dollars, why make News Corp. stand out as a partisan outfit? Of course, many see it as partisan, but there is value in never conceding that point. It's as if the News Corp. - at least at the top level - is so ideologically committed that they are desperate to throw additional money at Republicans even though they already were providing colossal value to the party.


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