speckxMar 20

90% of crypto's Illinois primary spending failed to achieve its objective

https://www.mollywhite.net/micro/entry/202603172318

90% of crypto's Illinois primary spending failed to achieve its objective

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. The PACs' 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 (who was leading the polls in H-08) and incumbent Budzinski (H-13). Sadly this early spending in Illinois used up less than 6% of what the super PACs have on hand, so buckle up for a looong eight months.

Molly White
Show threadtptacekMar 20
Nobody's lobbying achieved objectives in the Illinois primary, which is more a statement about the ineffectiveness of lobbying (at least in these kinds of races) than anything else. The candidates that won were the candidates you'd expect to win given demographics and the recent political history of the region.
Show threadyborgMar 20
The Krishnamoorthi Senate loss was a shock, he had more money than virtually the rest of the field put together and had name recognition and was a sitting 5 time House representative. Nobody knows who the Lt. Gov. was, even with Pritzker's backing.
Show threadJumpCrisscrossMar 20

> he had more money than virtually the rest of the field put together and had name recognition

Money doesn’t buy elections. Someone gets shocked about this every cycle when the overwhelmingly-funded toast sandwich lands with a thud.

Show threaduoaei

Your statement is one of those "not even wrong" pedantic ploys that falls apart at the lightest sneeze in its direction.

Money is the only way to exert pressure on society and narratives. If you think that has no effect on elections then you are about as antisocial and antipatriotic a person as I can imagine.

Mar 20 at 9:34pmWeb
Show threadJumpCrisscrossMar 20

> Money is the only way to exert pressure on society and narratives

It’s not. Every piece of state and federal legislation I personally wrote language into passed before I was wealthy. Showing up is incredibly hard for a lot of people. Being decent and eloquent when you do is impossible for the rest.

I’ve donated to get power and gotten involved. The latter absolutely smites the former, to the point that donors are almost being taken for a ride outside a few idiot candidates who unfailingly lose.