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Walter’s Perspective: PAC Money The Big Winner In The Election

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Walter Jacobson

Walter Jacobson (CBS)

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CHICAGO (CBS) – We’ve been hearing it all night: the winner of the GOP primary election in Florida is the winner is Mitt Romney.

Or so it is in the news, but I don’t buy it. I believe the winner is money; $18 million dollars that a group called Restore Our Future has slipped secretly into the Romney campaign, 20 times what’s been slipped secretly into Newt Gingrich’s campaign.

The secret “Super PACs” (political action committees) are spending obscene amounts of money on the primaries. In six weeks for Romney, an average $100,000 a day, every day has been spent by the pro-Romney PAC.

Just last week in Florida, it spent $150,000 a day, without one word about where the money’s coming from. We don’t know who the donors are, or what they might be expecting in return for supporting Romney.

But one thing fair to suspect is that – in the politics of elections – money and secrecy together are up to no good.

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  • captjp

    Walter comments about the money being spent on the republicans. How about commenting the Billion Dollars that Obama is supposed to have when the real race starts. Remember when he ran originally how he was not accepting any large donations. How much is he getting from everyone of the attendees to his dinners? Walter you are correct these races are won based upon money not what is good for the country.

  • Laura

    Seriously Walter….
    Seems like you fail to report the “entire” story. Wish that the media would do so, but why don’t you report how much our “President” racked up on his last visit to Chicago….not to mention all of the “special interest” groups that have poured $$$ into his campaign….I always thought you gave a “fair” report…but on this one…you lost my respect…

  • tom sharp

    Walter has discovered PAC money! Maybe next week he’ll find out politicians are corrupt!

  • B B

    Republicans are taking in so much money “without one word about where the money’s coming from. We don’t know who the donors are, or what they might be expecting in return for supporting Romney.”
    THAT is the difference! Obama’s support is known and nothing is expected in return .
    All the more reason to end Citizens United. Let’s make it fair, end corporate money in politics.
    Sign petition:
    http://act.rebuildthedream.com/sign/overturn_citizens_united?akid=393.626395.3Wh-dp&rd=1&t=2

  • Afro

    The American political system has become a joke, the so called elected officials democrats and republicans make me sick!

    I am seriously not the only one who feels this way am I? I would like to see George Washington’s reaction if he could see what this country has morphed in to. He would probably lead a revolt and wage war against the evil corrupt empires.

  • Afro

    The enemy that has captured America did not fight us in a conventional way, it out flanked our military it out flanked the citizens and it has quietly infiltrated our political system, and has assumed all power over the Nation. If you don’t believe me try to say something like I just did and you will be on the FBI’s watch list.

  • http://travel2chicago.us/chicago-news-stories-forfeb-01-2012/ Chicago News Stories for Feb 01 2012 : Travel tips, hotels, restaurants, jobs and news | Travel 2 Chicago

    [...] Affairs, came to Illinois Tuesday to brief consular officials and the city’s own host…Walter’s Perspective: PAC Money The Big Winner In The ElectionWe’ve been hearing it all night: the winner of the GOP primary election in Florida is the [...]

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