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Thread: Record Spending On 2012 Elections By GOP Groups

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    Record Spending On 2012 Elections By GOP Groups



    "Republican super PACs and other outside groups shaped by a loose network of prominent conservatives -- including Karl Rove, the Koch brothers and Tom Donohue of the U.S. Chamber of Commerce -- plan to spend roughly $1 billion on November's elections for the White House and control of Congress, according to officials familiar with the groups' internal operations. That total includes previously undisclosed plans for newly aggressive spending by the Koch brothers, who are steering funding to build sophisticated, county-by-county operations in key states. POLITICO has learned that Koch-related organizations plan to spend about $400 million ahead of the 2012 elections - twice what they had been expected to commit. Just the spending linked to the Koch network is more than the $370 million that John McCain raised for his entire presidential campaign four years ago. And the $1 billion total surpasses the $750 million that Barack Obama, one of the most prolific fundraisers ever, collected for his 2008 campaign...".* The Young Turks host Cenk Uygur breaks it down.


    Holy **** that is a **** ton of money! I expect the same **** from Obama. But dear god! This just adds into my feeling that democracy in the US is for sale. And the politicians are almost puppets on a string from these ****s

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    Re: Record Spending On 2012 Elections By GOP Groups

    both sides equally guilty.

    i don't like the way the system is set up, but i'm not sure how we can change it when SCOTUS has determined that money = speech.

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    Re: Record Spending On 2012 Elections By GOP Groups

    Didn't Obama raise one billion dollars last election? I think the OP's outrage is about 4 years behind.

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    Re: Record Spending On 2012 Elections By GOP Groups

    Quote Originally Posted by X Factor View Post
    Didn't Obama raise one billion dollars last election? I think the OP's outrage is about 4 years behind.
    obama raised 3/4 of a billion in 08,the bad part about it was he didnt ditch the public funding to get money until towards the end,at the rate he was funded in 08,he could have easily pushed 1.5 bil plus if he had started early in the game instead of promisingto use public funding only.
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    Re: Record Spending On 2012 Elections By GOP Groups

    The record campaign spending is mainly due to the relative closeness of the 2012 political contest(s) and to the dire consequences of maintaining the current borrow and spend nonsense that passes for a federal "budget". The current DC financial situation is unsustainable, yet neither the spending cutters nor the tax raisers can get a solid majority, so NOTHING gets done now.

    What is driving this massive borrow and spend binge are morons in DC that will neither cut federal spending nor raise federal taxes to pay for it. These DC morons have decided (realized?) that they will be re-elected, for the most part, by keeping all gov't programs intact (plus COLA adjustments) and not raising anyone's taxes. That way they get the votes of those getting gov't assistance and those that have had their taxation frozen at a rate they feel "good" about.

    To far too may people, the national debt is simply an abstract concept. While they understand personal debt, like a home mortgage, that may be 3 to 5x what their annual income is, they view national debt basically the same way, so it is "no big deal" to them (at about the same as 6x annual income). Unlike that personal mortagage debt, however, the national debt is neither secured by an asset nor is it getting smaller over time, in fact, federal finances (you can't really call it a "budget") are allowed to spend 40% more, every year, than its tax income covers. That is like a worker making $100K spending $140K every year, it is completely unsustainable.

    We have two distinct groups of voters in this nation now; 1) those that get direct gov't assistance, work for the gov't (federal, state or local) and those that primarily do business with gov't and 2) those, outside the first group, that pay the bulk of the federal taxes and depend totally on the private economy. These groups are almost exactly the same size now as far as voter representation, putting our nation in a dangerous situation where neither gov't spending cuts nor tax increases are politically possible without tipping the balance to favor the other half; so we "compromise" and simply borrow and spend.
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    Re: Record Spending On 2012 Elections By GOP Groups

    Quote Originally Posted by TheDemSocialist View Post
    Holy **** that is a **** ton of money! I expect the same **** from Obama. But dear god! This just adds into my feeling that democracy in the US is for sale. And the politicians are almost puppets on a string from these ****s

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    [/FONT][/COLOR][/LEFT]
    I thought the Republican party was the party of fiscal restraint. So much for that.
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    Re: Record Spending On 2012 Elections By GOP Groups

    Quote Originally Posted by Phys251 View Post
    I thought the Republican party was the party of fiscal restraint. So much for that.
    Hey, they're spending money freely given to them, just as the Dems are doing. It's like a business, it's a voluntary relationship. That's different than spending tax money that people are obligated to pay. The notion of fiscal restraint deals with the latter.

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    Re: Record Spending On 2012 Elections By GOP Groups

    Hey, politicians don't come cheap.


    It's all part of the game. Both parties do it. Nothing new.

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    Re: Record Spending On 2012 Elections By GOP Groups

    Quote Originally Posted by X Factor View Post
    Didn't Obama raise one billion dollars last election? I think the OP's outrage is about 4 years behind.
    No he didnt. $778,642,962


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    Re: Record Spending On 2012 Elections By GOP Groups

    Quote Originally Posted by Billy the Kid View Post
    Hey, politicians don't come cheap.

    It's all part of the game. Both parties do it. Nothing new.
    Doesn't Proctor & Gamble spend more money promoting Pampers?
    Zionism is the National Liberation Movement of the Jewish People.

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