2009: A near-waterloo for ultra-rich candidates

Corzine ended up buying two elections: the 2000 Senate race and the 2005 gubernatorial election. He tried to buy this year’s race as well, spending $24 million–the vast majority of it his own money–to his opponent’s $9 million. Arguably, one of the messages sent by New Jersey voters tonight was that a politician only gets to buy so many elections before he has to rise or fall on his actual performance. In the abstract, that’s a pretty good message–even though the result, a hard-right Republican governing New Jersey for the next four years, is obviously a bad one.

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