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 threadtptacek

I'm fond of telling people that Krishnamoorthi called me personally, on the phone, twice, to raise money in elections he ran unopposed in. Each time he had a story for why it was important I donate to him and not some other Democrat in a contested race.

Couldn't have happened to a nicer guy.

Chicagoland progressives fucking love Juliana Stratton, by the way.

Mar 20 at 9:43pmWeb