Tilting at Windmills

September/October 2012 Feed the beast

By Charles Peters

One reason why I fear we will never get real campaign finance reform is that the media industry is reaping such vast profits from the sale of time for all those commercials that are deluging the airwaves. Both the broadcast and the cable networks feast on this income, which also enriches local stations, especially those in swing states. According to the Wall Street Journal’s “Heard on the Street,” political advertisers will spend $42 per U.S. adult this year.

Charles Peters is the founding editor of the Washington Monthly and the author of a new book on Lyndon B. Johnson published by Times Books.