Quote of the Day: America’s Billionaires are Pissed Off at Karl Rove


Via Atrios, this is pretty funny:

“The billionaire donors I hear are livid,” one Republican operative told The Huffington Post. “There is some holy hell to pay. Karl Rove has a lot of explaining to do … I don’t know how you tell your donors that we spent $390 million and got nothing.”….Rove was forced to defend his group’s expenditures live on Fox News on Tuesday night, and will hold a briefing with top donors on Thursday, according to Politico.

If conservative billionaires are looking for something else to be mad about, I’d recommend the Romney campaign’s apparent habit of paying about 50 percent more for TV spots than the Obama campaign. That helped line the pockets of the consultants who both recommended the buys and got the commissions for placing the spots, but it didn’t do much to win the election.

In the end, it turned out that one side ran its campaign like a business, while the other side ran its like a local PTA. Ironically, it was the ex-community organizer who did the former and the ex-CEO of Bain Capital who did the latter.

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It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

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It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

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Clara Jeffery, Editor-in-Chief

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