Karl Rove and his investors were the biggest losers on Election Day. The Republican strategist created the model for outside money groups that raised and spent more than $1 billion on the Nov. 6 elections -- many of which saw almost no return for their money.
Rove, through his two political outfits, American Crossroads and Crossroads Grassroots Policy Strategies, backed unsuccessful Republican presidential contender Mitt Romney with $127 million on more than 82,000 television spots, according to Kantar Media’s CMAG, an ad tracker based in New York. Down the ballot, 10 of the 12 Senate candidates and four of the nine House candidates the Rove groups supported also lost their races.
The results have angered some Republicans who blame Rove for “sidelining conservatives” and diverting money from them.
“Right now there is stunned disbelief that Republicans fared so poorly after all the money they invested,” said Brent Bozell, president of For America, an Alexandria-based nonprofit that advocates for Christian values in politics. “If I had 1/100th of Karl Rove’s money, I would have been more productive than he was.”