A "return on investment" is a concept better known to Wall Street than to Washington. But after President Obama and the Democrats won most of the close elections last week there are questions about the seven- and eight-figure "investments" made by dozens of conservative donors.
During the election season, it was pretty common to hear about donors making "investments" in superPACs and other outside groups, rather than a "political contribution," perhaps because the phrase has a sort of taint to it.
Republican strategist Karl Rove's on-air refusal to accept his own network's election night call putting Ohio in President Obama's win column dominated the blogosphere Wednesday.
And, why not? Rove's Crossroads political money empire had showered Republican candidates with close to $300 million this election cycle, a funding gusher courtesy of the 2010 Supreme Court's Citizens United decision and other recent court decisions.
The battle to control the Senate was a proving ground for the new Citizens United politics. Outside groups unleashed heavily funded barrages of attack ads meant to help elect candidates while letting them keep their distance from the nastiness.
In Ohio and Virginia, the tactic failed in rather dramatic ways, as Republicans backed by secretly financed ads failed to beat seemingly vulnerable Democrats.