-By Andy Kroll
April 22, 2013- Not long after the November elections, I met with Charles Spies, a big-time Republican fundraiser who'd run the pro-Mitt Romney super-PAC Restore Our Future, to hear his take on why Romney lost. We sat across from each other at a long wooden table in a tenth-floor conference room overlooking Pennsylvania Avenue. (Before his firm moved in, Spies says the conference room used to be Al Gore's office.) We talked about super-PACs and the hundreds of millions they spent, the clout (or not) of wealthy donors and how they could get the most bang for their buck in a political campaign. Then, unprompted, Spies told me, "If I had the resources and wanted to impact the policy debate, I'd buy a newspaper or a magazine."
"Even in today's media climate?" I asked.
"Oh, absolutely." He explained: