When money doesn’t buy everything

June 2, 2015
Large sums of money don’t always translate into victory at the polls. Indeed, studies of the 2012 and 2014 elections by the Sunlight Foundation, a Washington-based non-profit that tracks political spending, show that most groups backed by billionaires had less success swaying election outcomes than groups controlled by trade organizations or professional political strategists. The most effective spender? Former New York City mayor Michael Bloomberg, whose pro-Republicaican Independence USA  group scored a 100 percent success rate in getting its candidates elected.

http://blogs.reuters.com/talesfromthetrail/2015/06/02/when-money-doesnt-buy-everything/