SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Paul Smith who wrote (23648)8/17/2012 8:24:52 AM
From: gamesmistress2 Recommendations  Respond to of 85487
 
The spending may be similar now but Romney cannot spend his own funds til after the convention. Romney is raising a lot more than Obama, which is why Dems are complaining. Didn't bother them though in 2008 when Obama greatly outraised and outspent McCain.



To: Paul Smith who wrote (23648)8/17/2012 11:09:00 AM
From: koan  Read Replies (2) | Respond to of 85487
 
25% of money spent on Romney's comes from the Romney campaign, 86% of the money spent on Obama's campaign comes from the Obama campign.

$205 million of outside money to support Romney and $33 million to support Obama.

The outside money is from a few billionaires and we do not know exactly where it comes from. That means a few billionaires are running our trying to buy our government.



Almost half of that money is coming from outside groups, like Super PACs -- and the vast majority of the outside money is going to support presumptive Republican nominee Mitt Romney.

Outside groups have spent a whopping $238 million on the 2012 general-election campaign. And about $9 out of every $10 – in total, $205 million – spent by an outside group is going to support Romney or hammer President Obama.

By contrast, outside groups supporting Obama have spent $33 million, accounting for 14 percent of the total ad spending on the incumbent president’s behalf, including efforts by Obama’s own campaign.

Put another way, just 25 percent of all the ads that are intended to benefit Romney have come from the former Massachusetts governor’s campaign; outside groups, including super PACs, have made up the difference. By contrast, 86 percent of the total advertising effort meant to boost Obama has come from the president’s own campaign.