The blamers are at it already. No mention of dark money or suppression:

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I caught Tennessee's own Marsha Blackburn on CNN this AM, she blames Hurricane Sandy. I suppose she blames Divine Intervention.

I'd like to see some numbers on this:

The fossil fuel industry threw everything in the kitchen sink at him. And they failed miserably. It’s embarrassing really

Read more: (link...)

Donald Trump throws a fit about this, too:

Congrats to @KarlRove on blowing $400 million this cycle. Every race @CrossroadsGPS ran ads in, the Republicans lost. What a waste of money.

I think the funniest part is that the biggest defenders of all this new money point to consistent poll findings that people don't see secret donations as being very important. Maybe they just don't see the "secret" donors as being important and can smell when a big rash of shady campaign ads is lying to them.

Update, it gets better:

"The billionaire donors I hear are livid," one Republican operative told The Huffington Post. "There is some holy hell to pay. Karl Rove has a lot of explaining to do … I don't know how you tell your donors that we spent $390 million and got nothing."

"We've got to protect our phoney baloney jobs!"

Rachel Maddow mentioned that, had they burned the money, at least they would have gotten something out of it - heat.

Well it was a jobs program for the video production industry. Might have accounted for some of the unemployment drop that helped Obama.

A huge income source for media outlets. Not a bad group to have indebted to you.

Lobbying dollars typically yield a 77,000% return ($1=$770). This year, 1.29% of American Crossroads money went to winning candidates.