Saturday, August 28, 2010

Recession Yet to Hit Campaign Ads

The AP reported:

As of this week, candidates for state and federal office had spent $395 million on ads for the November elections, compared with $286 million at this point in the 2006 midterms. More than half the ads have been negative.
Ad spending is up 38% since the last election. Funny, that's close to 30%, targeted annual returns for private equity underwriters (PEU's). Now who's underwriting these political campaigns?

Don't forget Blue Max Baucus' ad implying his opponent was gay, like Red Ken Mehlman. How about Blue Robert Gibbs' submarining Howard Dean in 2004?

Enough with the sordid trip down America's campaign memory lane. How does spending increase dramatically in difficult financial times? Apparently, their sponsors have plenty of funds to invest.

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