Category Archives: Election reform

Everyone knows that an advantage in fundraising helps any candidate, but I had no idea the correlation was this strong.

Money Wins Presidency and 9 of 10 Congressional Races in Priciest U.S. Election Ever
Published by Communications on November 5, 2008 3:19 PM | Permalink
WASHINGTON — The historic election of 2008 re-confirmed one truism about American democracy: Money wins elections.

From the top of the ticket, where Barack Obama declined public financing for the first time since the system’s creation and went on to amass a nearly two-to-one monetary advantage over John McCain, to congressional races throughout the nation, the candidate with the most money going into Election Day emerged victorious in nearly every contest.

In 93 percent of House of Representatives races and 94 percent of Senate races that had been decided by mid-day Nov. 5, the candidate who spent the most money ended up winning, according to a post-election analysis by the nonpartisan Center for Responsive Politics. The findings are based on candidates’ spending through Oct. 15, as reported to the Federal Election Commission.

Continuing a trend seen election cycle after election cycle, the biggest spender was victorious in 397 of 426 decided House races and 30 of 32 settled Senate races. On Election Day 2006, top spenders won 94 percent of House races and 73 percent of Senate races. In 2004, 98 percent of House seats went to the biggest spender, as did 88 percent of Senate seats.

more here… http://www.opensecrets.org/news/2008/11/money-wins-white-house-and.html