◼ 'Angry' money gives funding edge to GOP and Romney - Michael Barone/Washington Examiner
There has been a lot of wailing and gnashing of teeth as, in the spring, it appeared that forces supporting Mitt Romney would be able to raise about as much money as those supporting Barack Obama. There's even more now that it seems likely that the pro-Romney side will raise and spend more money than the pro-Obama side.
Four years ago, the Obama forces heavily outspent those supporting John McCain. The Obama campaign had enough money to target -- and carry -- heretofore Republican states like North Carolina and Indiana.
That experience made the Democrats spoiled. The prospect that the other side would have as much money as they do struck them as a cosmic injustice. The prospect that it would have more -- heaven forfend!
...What's really interesting is that, if current projections are right, this will be the third election in a row in which the party holding the White House will be outspent by the opposition.
...In 2008 Barack Obama raised a lot of "hope" money and, since it looked like a Democratic year, a lot of smart money. But angry money from Bush haters helped propel his total take to record levels.
This year there's no doubt that the billionaires and the many, many others contributing to the Romney campaign and pro-Romney super-PACs are angry about the Obama Democrats' policies and believe they will be harmful to the nation. More at the link...
