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 threadjmyeetMar 20

You can't talk about what happened in the Illinois primaries without talking about the other PACs who spent big, specifically AIPAC and other dark-money Israel-affiliated PACs that spent to defeat pro-Palestinian candidates (eg Kat Abugazaleh) without ever once mentioning Israel [1].

It's far more accurate to say that pro-Zionist groups spent big in the Illinois primary and got mixed results. Crypto just went along for the ride.

There is a war in the Democratic Party between anti-genocide candidates, who enjoy 90% support in the base, and the establishment who is doing everything to defeat them, up to and including intentionally losing the 2024 presidential election [3].

Nobody cares about crypto.

[1]: https://www.politico.com/news/2026/03/18/aipac-israel-illino...

[2]: https://news.gallup.com/poll/702440/israelis-no-longer-ahead...

[3]: https://www.thenation.com/article/politics/dnc-autopsy-gaza-...

AIPAC faces calls to reassess strategy after split results in Illinois

In its first midterms test, the powerful pro-Israel group backed two victors but failed to secure its preferred outcome in the two districts where it spent the most.

Politico
Show threadHDThoreaunMar 20
Kat Abugazaleh was a carpet bagger with literally 0 experience governing. The fact that she came close to winning is an indictment on our meme obsessed voting population and imo proof that ranked choice is absolutely needed. There were multiple bonafide progressives in the race with local roots and experience in the state house but the progressive movement abandoned them in favor of a candidate who ran their campaign from tiktok with 85% of the fundraising from out of state. Honestly a disgrace.
Show threadamavectMar 20

>imo proof that ranked choice is absolutely needed

Ranked choice still succumbs to a spoiler effect. https://realrcv.equal.vote/alaska22 https://www.youtube.com/watch?v=yhO6jfHPFQU

Approval voting works better and simpler, and STAR voting works even better though with more complexity. https://www.equal.vote/beyond_rcv_zine

Real World RCV

Visualize Real World RCV elections

Show threadHDThoreaun
Approval makes the game theory too complicated imo. Too easy to think of cases where a voter leaves off someone because they want their favorite to win but then ends up with neither winning. STAR is the best but voters might be too stupid to figure it out. Really multi district is the best but unfortunately no chance of that happening it seems
Mar 20 at 9:55pmWeb
Show threadamavectMar 20

I think the threat of unapproved candidates winning would lower a voter's approval threshold to include other candidates. Increasing the approval threshold happens when the voter likes all of the candidates, in which case there isn't too much of a problem.

I really want to believe that ordinary people can handle STAR voting. Not too far from product reviews: most will initially vote 5, 4, or 0. As long as the system encourages more honest voting (instead of lesser-evil voting), it can help fix our corrupt political system.

Full agreement with multi district/proportional, but I don't know how to sell it to normal people (they want THEIR representative).