Guest
01-01-2012, 03:47 PM
Virtually all of today's Sunday morning news shows, while covering recent developments and polls in Iowa, made note of the tremendous amount of negative campaign advertising being funded by various "super PAC's".
For the most part these super PAC's are private organizations who are not required to reveal the source of their funding. The law enabling them prohibits political candidates from being involved in their fund-raising or management, but it's well known that at least one of the super PAC's is run by former staffers of one of the current presidential candidates. And it's been that super PAC that has funded much of the negative campaign ads that have lead to the fall of candidates such as Michelle Bachman, Rick Perry, Herman Cain and most recently Newt Gingrich. Clearly, Mitt Romney has been the beneficiary of the work of these super PAC's. But where's the money coming from? And why?
It's already known that President Obama has several super PAC's that will be funding his campaign advertising once his Republican opponent is chosen. But in his case, it's also known that his super PAC's are already funded to the tune of almost $1 billion, a several times multiple of the amount available to any of the Republican candidates.
Once the campaign begins in earnest, get ready for more negative advertising than you've ever seen or can imagine. And like the GOP primary so far, expect that such advertising will have an effect on the campaign, almost certainly favoring Obama.
Again I ask, where's the money coming from? And why?
For the most part these super PAC's are private organizations who are not required to reveal the source of their funding. The law enabling them prohibits political candidates from being involved in their fund-raising or management, but it's well known that at least one of the super PAC's is run by former staffers of one of the current presidential candidates. And it's been that super PAC that has funded much of the negative campaign ads that have lead to the fall of candidates such as Michelle Bachman, Rick Perry, Herman Cain and most recently Newt Gingrich. Clearly, Mitt Romney has been the beneficiary of the work of these super PAC's. But where's the money coming from? And why?
It's already known that President Obama has several super PAC's that will be funding his campaign advertising once his Republican opponent is chosen. But in his case, it's also known that his super PAC's are already funded to the tune of almost $1 billion, a several times multiple of the amount available to any of the Republican candidates.
Once the campaign begins in earnest, get ready for more negative advertising than you've ever seen or can imagine. And like the GOP primary so far, expect that such advertising will have an effect on the campaign, almost certainly favoring Obama.
Again I ask, where's the money coming from? And why?