In The Battle Of Billionaires, Karl Rove Wins And America Loses

In The Young Turks on YouTube by Hlarson0 Comments

 

“Billionaires are rushing to the aid of Republicans in the homestretch of the 2014 elections with a massive super PAC infusion after a plea from big money mastermind Karl Rove.

On Sept. 17, Rove, the co-founder of the super PAC and dark money duo American Crossroads and Crossroads GPS, took to the Wall Street Journal editorial page to send out his billionaire bat-signal.

If the rich want to ensure Republican control of the Senate, “reducing the Democratic cash advantage will tip the needle in the GOP’s direction,” Rove wrote. “That will only happen if Republicans open their wallets to candidates whom they may have never met.”

Since Rove’s plea, 21 billionaires and their family members have poured $19.9 million into super PACs backing Republican Party candidates, fueling an October outside spending surge.”* The Young Turks host Cenk Uygur breaks it down.

*Read more here from Paul Blumenthal / The Huffington Post:
http://www.huffingtonpost.com/2014/10/22/2014-republican-billionaires_n_6025488.html

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