The cryptocurrency industry super PACs dumped $14.2 million into the Illinois primaries.
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@molly0xfff hey molly - maybe a dumb question but where does this money actually go? I don't really understand how money gets spent to put an ad on TV and who takes a cut. does it go from the PACs to local TV networks? big broadcasting conglomerates?
I'm aware i could google this, but maybe you have a post on it you could recommend?@ikesau most of it goes to advertising airtime (lots of broadcast/cable television, some YouTube/etc). a fairly small amount goes to other expenses (ad production, print mailers, etc)
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The cryptocurrency industry super PACs dumped $14.2 million into the Illinois primaries. 90% of that – $12.8 million – was wasted, in that it went to opposing Democratic candidates who won their primaries (Stratton in the Senate race, Ford in H-07) or supporting their opponents.
Their only victories in the state were where they contributed money towards outcomes that were already highly likely. They opposed Robert Peters (H-02), who had been polling in third place and ultimately received 12% of the vote. They supported Bean (H-08) and incumbent Budzinski (H-13).
It is really encouraging to see that the Crypto and AI money was not able to sway the election, and Stratton prevailed. Hopefully voters are waking up to the fact that these special interests are not on their side, and not on the side of democracy.
Let it be that candidates who take such money are branded as sellouts and enemies of the people.
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It is really encouraging to see that the Crypto and AI money was not able to sway the election, and Stratton prevailed. Hopefully voters are waking up to the fact that these special interests are not on their side, and not on the side of democracy.
Let it be that candidates who take such money are branded as sellouts and enemies of the people.
@mastodonmigration @molly0xfff As we know, in highly democratic areas, sometimes there are candidates who are not dems running as dems. Perhaps their willingness to accept crypto donations will out them for us.
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@mastodonmigration @molly0xfff As we know, in highly democratic areas, sometimes there are candidates who are not dems running as dems. Perhaps their willingness to accept crypto donations will out them for us.
Yes. Whether or not they are actual Democrats, these PACs are attempting to get people who are controllable nominated. And, they are targeting the Democratic primaries in places where Democrats are likely to prevail in the election.
This makes these primaries absolutely critical. We need to nominate real genuine solid Democrats, not weaklings beholden to monied interests.
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Yes. Whether or not they are actual Democrats, these PACs are attempting to get people who are controllable nominated. And, they are targeting the Democratic primaries in places where Democrats are likely to prevail in the election.
This makes these primaries absolutely critical. We need to nominate real genuine solid Democrats, not weaklings beholden to monied interests.
@mastodonmigration @molly0xfff I've notice local elections for law enforcement get a lot of marginal dems, like prosecutors, sheriffs, and judges. They want to win, so they run as a dem.
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They are stupid wealthy. That's good now. Money has made them dumb.
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@mastodonmigration @molly0xfff I've notice local elections for law enforcement get a lot of marginal dems, like prosecutors, sheriffs, and judges. They want to win, so they run as a dem.
The primaries define the Democratic Party.
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Yes. Whether or not they are actual Democrats, these PACs are attempting to get people who are controllable nominated. And, they are targeting the Democratic primaries in places where Democrats are likely to prevail in the election.
This makes these primaries absolutely critical. We need to nominate real genuine solid Democrats, not weaklings beholden to monied interests.
@mastodonmigration @timo21 @molly0xfff Progressives.
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@babble_endanger Raja Krishnamoorthi
@molly0xfff @babble_endanger This was a huge L, Krishnamoorthi probably had as much funding as the rest of the field put together.
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@molly0xfff @babble_endanger This was a huge L, Krishnamoorthi probably had as much funding as the rest of the field put together.
@slyborg @babble_endanger just about