In 2008, Obama made history by raising over $500 million. In 2012, $500 million will be chump change. Much more will be spent by Super Pacs. The money will come from the world’s billionaires, all of whom stand to make even more billions if they can get the right guy installed as a chairman of the FCC, FDA, FERC etc. For instance, the richest man in the world right now is Carlos Slim Helu from Mexico, whose business is telecom. He is going to be willing a pay a fortune in order to select the next FCC Chair. China will have several Super-Pacs, all with ultra American sounding names, all committed to raiding the Social Security trust fund in order to repay the U.S. debt to China. Saudi Arabia will have a few, too. When you see an ad denouncing global warming as “junk science that kills jobs” you won’t know if it is funded by one of the Koch Brothers or some guy in Dubai. Billions of dollars will flow through these anonymous, unregulated slush funds. Presidential candidates will have to sell their souls----and every single cabinet position---well in advance of the general election if they are going to stay solvent.
And that is just the start.
We may see a Democratic primary challenger---or two or three---who are supported (anonymously) by special interests who want to soften Obama up for the general election. And there will almost certainly be a left wing splitter candidate in the general election who will receive lots of help in the form of TV ads paid for by groups like “Free Weed!” or “Liberals R Us!”. Any potential right wing splitters will be hauled before the Republican House to be grilled until they repent their evil ways. Any attempt by the DOJ to regulate Super-Pacs that break the law will be denounced by the corporate media as “Nixonian style abuse of power”.
In Congressional elections, expect to see some surprising results in Democratic primaries as black horse candidates come out of nowhere, thanks to a last minute blitz of anonymous advertising. There is literally no limit to the amount of money that the GOP can (secretly) funnel to these candidates. They can throw a monkey wrench into every race in the country. No matter how safe your Democratic Representative or Senator may seem in your true blue state, he may lose out to some loser with a criminal record.
And it gets worse. There will probably be at least one phony Super-Pac whose real job will be to solicit contributions from North Korea, Iran etc. and then pretend to spend it “helping” Obama and other Democrats. When Politico breaks the story Hamas caught funding Obama Republicans will be shocked! Shocked I tell you! Oh, and while the banksters are secretly funneling billions of their bailout money to the GOP, they will publicly spend a few million on Obama, so that the so called progressive media can complain how about the president has been bought by Wall Street.
They say $5 billion was spent in 2008 altogether. I expect four times that amount to be spent in 2012. We are talking guys who have so much extra cash lying around they could not spend it in a million lifetimes. And the U.S. elections will be like one big flea market, with all those rich guys looking for bargains.
I would say "I hope I am wrong" but I don't have a lot of hope at this point. Anyone want to try to cheer me up?
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