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And the losers I'm refering to here are the billionaires. I've seen the comments and even diaries claiming that Karl Rove and his groups wasted hundreds of millions of dollars of the billionaire oligarch's money this election.

But they didn't waste a dime. Not one lousy penny was wasted. Below the Fleur-de-Kos. Warning, math and numbers are involved, but you can handle that.

Why do I say they didn't lose a dime? Because they're not playing the same game you and I are playing. We played to win this election for Barack Obama and Democrats. They don't give a shit about that, they're playing to get trillions in federal funds routed to them by what ever means possible. Yes, Romney in the White House would've made it easier but it's still not a guaranteed loss for them.

Now for that math stuff I threatened you with. Let's keep it simple, the various groups like Crossroads and Americans For Bilking Other Americans spent roughly $200,000,000 in this election. But they're shooting for a prize of at least $1,000,000,000,000 in tax breaks, military spending, government vouchers, etc. All told the number is probably several trillion but I'm just going with one trillion. That's like you or me spending $2 on a scratch lottery ticket and hoping to win $10,000. Do we really expect to win on the first play? Are we willing to try again?

Yeah, the billionaires aren't doing handsprings (well, they might be paying servants to do them and clap and laugh) about losing but they're gambling that the 5000:1 payout will be worth it. They'd have to lose a few hundred times before it would force them to think of slightly less dishonest ways at making money, like arranging another stock market collapse. That's how profitable buying government can be -- blatant theft on Wall Street doesn't have the same ROI (return on investment). This is an investment strategy for them. They don't care about one, or even multiple loses, because in the end the payout is so high it justifies the risk and loss in the short term. The old adage, "You've got to spend money to make money" in its purest, most cynical form.

So celebrate tonight's victory. It was hard fought and well-earned. But don't think Karl Rove and company are worried about the loss. Hell, they've probably figured out ways to write it off their taxes. :P

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Comment Preferences

  •  Tip Jar (14+ / 0-)

    Attention rich bastards, this is real important,
    I thought you might want to know
    That $5,000 suits don't hide your 5¢ souls.

    by ontheleftcoast on Tue Nov 06, 2012 at 11:31:57 PM PST

  •  yeah, still they hate to lose... (4+ / 0-)

    ...and I mean hate to lose.


  •  already on fox news- (3+ / 0-)
    Recommended by:
    ontheleftcoast, Larsstephens, Plu

    obama won because karl rove didn't have enough money-
    wld be funny if they didn't actually believe it...

    violence is the last refuge of the incompetent -salvor hardin -foundation- isaac asimov

    by deli lama on Tue Nov 06, 2012 at 11:44:44 PM PST

  •  It's kind of hard for me to argue (7+ / 0-)

    that Karl Rove and his ilk wasted their money considering that their smear campaigns trashed both Democratic Senate candidate Shelley Berkeley and Democratic House candidate John Oceguera here in Nevada.

    John Oceguera, in this rather jaded Democratic lefties eyes, is one of the most honorable and decent men I've ever had the pleasure of voting for.

    I will disagree with you a little.

    Shady Shelly Sheldon Adelson got royally fucked in this election. Pure and simple. All that you say about military contracts and pork and tax breaks may be true, but billionaire casino moguls, especially ones who live in fear of the Justice Department investigating Chinese mob money and very illegal international pay-offs to go greasing the wheels of getting business done in their Macau Casinos don't get to kick back and relax and enjoy their tax write-offs after poking the Bear.

    Not only did he lose a fuckload of dough for jackshit of a return, but now he has to lie awake at night worrying about not only the Chinese nationalizing his Casinos if they get sick of him, but supoenas and Justice task forces being formed to look into how he does business.

    I'm not saying the administration will target him because Shady Shelly tried to Citizen's United the President out of the White House, it's the corruption and the sleaze that earned him a spot on the radar, not politics. But what I am saying is that nobody at Justice or at the White House is going to be sad or unethusiastic about going after him when his number comes up after the way he's waved his middle finger around at the White House and the Obama Justice Department during the last year.


    I am from the Elizabeth Warren and Darcy Burner wing of the Democratic Party

    by LeftHandedMan on Tue Nov 06, 2012 at 11:45:08 PM PST

    •  Adelson is scum of a different sort, yeah. (2+ / 0-)
      Recommended by:
      Larsstephens, kyril

      He might've been playing for shorter term payback. But the buik of the oligarchy is playing the long game and we can't forget that.

      Attention rich bastards, this is real important,
      I thought you might want to know
      That $5,000 suits don't hide your 5¢ souls.

      by ontheleftcoast on Tue Nov 06, 2012 at 11:47:32 PM PST

      [ Parent ]

  •  I disagree. (5+ / 0-)
    Recommended by:
    Larsstephens, kyril, Bob Love, Plu, tsqd

    The leaders of the scum PAC's have a huge credibility problem with donors.  Karl Rove is not a political genius tonight; he's a garden variety confidence man.  His tantrum on Fox had nothing to do with party loyalty; his reputation and influence were the line.  If you were a GOP donor looking for an -effective- organization to enforce your will upon an electorate, who could you trust now?  They all have nothing to show for their investments.  And there's no doubt Karl's been stringing them along with "just trust me."  He has a lot of explaining to do.  He played them, like a Bernie Madoff scheme against the far right.  Rasmussen played them.  Gravis played them all.  Gallup played them.  They are among the biggest losers tonight.

    •  They lost once. (3+ / 0-)
      Recommended by:
      Larsstephens, Bob Love, DeadHead

      When I played high stakes in Vegas I worked with a bank roll that I was willing to lose 2.5% of on any given bet. It all depended on my EV. Losing ten or twenty thousand wasn't fun but it didn't mean I walked away from the game. You weather the losses and press on. You don't walk up, place all your money on "18 black" and spin the wheel once. Not if you're playing to win. They knew damn well they had a fight on their hands going in to this election. They lost, they'll adjust, and they'll be back. And Karl will probably still be there running the show.

      Attention rich bastards, this is real important,
      I thought you might want to know
      That $5,000 suits don't hide your 5¢ souls.

      by ontheleftcoast on Wed Nov 07, 2012 at 12:06:11 AM PST

      [ Parent ]

      •  Strangely enough, a few hours after I posted the (0+ / 0-)

        comment, Michael Steele echoed the sentiment on MSNBC.  Recrimination for the Super PAC directors & solicitors.  It's fair to say they'll be back, perhaps even more heavily funded, but this election showed that use of a Super PAC is caveat emptor.  I wouldn't be surprised to see Rove tossed under a bus.  He was bull$hitting donors big time.  

        The money lost is fungible, I get that.  But this exercise illustrated that Super PACs may in fact be impotent.  

  •  Double down (1+ / 0-)
    Recommended by:

    You're right that this wasn't all that much money to them. And their next effort will pay off. If not... then the effort after that. No one really knows how much money they have. But for tonight, people want to dance on top of their dark souls. Tomorrow these billionaires will begin to regroup and Karl Rove will figure a way to implant himself as the general again.

  •  their ROI (1+ / 0-)
    Recommended by:

    with a Democratic win will not be zero

    it won't be as big as if Willard had carried the day - but it won't be nothing ...

    don't get me wrong

    the parties are not remotely the same

    a clear distinction exists ... and we need to make that divide plain as day for every JoMerican

    we won the battle

    keep fighting the war

    "a lie that can no longer be challenged becomes a form of madness" -Debord

    by grollen on Wed Nov 07, 2012 at 01:34:03 AM PST

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