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Obama’s Super-PAC Advantage
Most of the media coverage of the 2012 campaign treats a Republican advantage in super-PAC spending as a given. This assumption is echoed by increasingly dire comments from President Obama, his advisers, and other Democrats.
At a New York City fundraiser last month, President Obama lamented that opposition to his reelection bid will be fueled by “$500 million in super-PAC negative ads that are going to be run over the course of the next five months that will try to feed on those fears and those anxieties and that frustration.”
“We put out a fund-raising letter because we’re facing about a billion dollars of super-PAC spending,” Obama’s chief strategist, David Axelrod, told CNN. He has also referred to “the Rove and Koch brothers contract killers over there in super-PAC land.”
“With every passing week, Democratic insiders are becoming more and more panicked that, by November, their Republican opponents will have buried them under a mountain of money,” reports The New Republic. “The GOP money machine — that is, American Crossroads, the super PAC co-founded by Karl Rove; Americans for Prosperity, the group backed by the billionaire Koch brothers; and the U.S. Chamber of Commerce — has vowed to spend $1 billion combined before Election Day.”
h/t Flaming Hetero
RosalindJ
July 7th, 2012
Someone is always going to have more money than someone else. I think bammy&co underestimate what’s going on. I think we the underestimated are going to deliver a roiling shockwave.
What does have me concerned – there’s so much going on, things get eclipsed – is this particular movement: http://www.nationalpopularvote.com/pages/explanation.php
“The bill has been enacted by 9 jurisdictions possessing 132 electoral votes — 49% of the 270 necessary to activate it (VT, MD, WA, IL, NJ, DC, MA, CA, HI).”
Stirrin the B.S.
July 7th, 2012
My bullshit detector is on high alert right now, because everything this man or his surrogates say is a lie. I wouldn’t be surprised if this isn’t a rope-a-dope, hidden ball trick diversionary tactic.
Waaa, waaa, we’re being out fundraised. Oh really, you and your PACs are outspending Romney’s 2:1. Something doesn’t add up here.
If true, then Romney’s campaign and his PACs should be sitting on a mountain of cash, while conversely, Oblowme and his PACs are spending at a deficit budget pace, and therefore have much less cash on hand.
Or, there is money coming in to Obumphuk’s campaign that isn’t exactly being accounted for.
Robert Fine
July 7th, 2012
Perhaps if Romney stopped sleepwalking…