Dec. 10 (Bloomberg) -- The fears that big money would
corrupt the political process in 2012 weren’t realized, the
conventional wisdom says. The fat cats, unshackled by U.S.
Supreme Court and lower court decisions, weren’t able to buy the
presidency or the Senate.
True. It also misses the point. About $6 billion was spent
on the campaign, and outside groups poured $1.3 billion into
political races, according to data from the Federal Election
Commission and the Center for Responsive Politics.
