Rick Caruso’s Potemkin Campaign

Source: The American Prospect
by David Dayen

“My home city of Los Angeles hasn’t seen many local tycoons attempt to buy their way into power. Richard Riordan was a white-shoe lawyer and founder of a private equity firm when he became the last Republican mayor in 1993, but he didn’t have unlimited cash. Contra Riordan, recent history in California is that self-funding rich candidates lose, from legendary flop Al Checchi in the 1998 governor’s race to Meg Whitman and Carly Fiorina in 2010. But Rick Caruso, the developer known for building garish, Disney-fied malls like the Americana in Glendale and The Grove in the Fairfax district, has spent roughly three out of every four dollars in L.A.’s mayoral campaign, nearly all of it from his own bank account, in advance of Tuesday’s primary, in which 11 other candidates have also been running.” (06/06/22)