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Politics : View from the Center and Left
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To: JohnM who wrote (129179)1/24/2010 9:41:57 PM
From: slacker711  Read Replies (1) of 542009
 
These new rules are not about contributing to specific campaigns but rather what various entities can do advertising for candidates. No limits whatever. So it's not what Exxon contributes to x candidate's campaign but what Exxon spends on its own political advertising for that candidate.

You are right that Exxon could now spend substantial amounts of money attacking or endorsing a particular candidate. However, it has to be noted that Exxon already could have spent a billion or two doing issue based advertising.

If political spending on that kind of scale was a wise choice, you would think that Exxon might have tried it on cap and trade. The fact that they chose not to, makes me wonder about either the efficacy of that kind of spending or that the likely blowback by half of the country makes it not worth the cost.

Slacker
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