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Call it irony if you want. In an election where Barack Obama rode to the Presidency on a promise of change, the long-standing tradition of influence-peddling political action committees set new records in pumping millions of dollars into the process.
The number of PACs hit an all-time high and so did the amount of money the special interests spent on influencing the outcome of not only the election of a President but also those selected for House and Senate seats.
In other words, the more things changed, the more they stayed the same.
THE INFLUENCE GAME: Number of PACs hits record – The number of groups contributing money to presidential and congressional candidates has soared to an all-time high with their strongest growth in a generation, reflecting the fervor over last year’s presidential race and a desire for access and clout when lawmakers tackle upcoming issues….