In launching these campaigns, the wealthy businessmen are trying to tap into the general disgust many voters have for Congress, which has an approval rating just above 15 percent in most recent public polls.They're tapping their our bank accounts and tapping our general disgust.
However, according to a Washington Post analysis, over the past four elections, only six senators have been elected without previously holding some kind of elected position, and [Wisconsin's Ron] Johnson is the only one to come directly from the business world. Before that, New Jersey Democrat Jon S. Corzine, after leaving Goldman Sachs, was the most recent businessman-outsider to come straight from the corporate world to the Senate, having spent more than $60 million of his own money to win his 2000 race.
“There are the Ron Johnsons and John Brunners, who made money making things,” [said Jennifer Duffy, the senior editor for the independent Cook Political Report]. “Their businesses were local and part of the community, or at least had a local feel to them. I think voters have a harder time understanding how a Hovde or a Romney made money.”
Hovde, before returning to Wisconsin after more than two decades running a fund in Washington, faces a similar hurdle as Romney in explaining to voters how he made his millions through investing in other companies and funds.....