Tuesday, October 05, 2010

Political Ad Spending up 5 Times since 2006. Elections Now Suck

I can not convey how bad this year is going to be for politics. Pre-Citizen United, the Supreme Court case that gave corporations unlimited spending powers in election. It might have helped if the Republicans hadn't at least blocked laws that would make corporations to name when they're sponsoring an advertisement.

But no - evidently that was too much to actually provide any kind of accountability. So now it turns out we've got 5 times more spending this year than in 2006. And over 80% of that is going to assist Republicans.

Well. Color me shocked, kids. I'm amazed that when corporations are able to spend as much money as they want, they'll blanket the airwaves to support the Republicans which line up to hand up the cash. Here's the sickest part to me:

One major player this year is the 60 Plus Association, an Alexandria-based group that bills itself as the conservative alternative to the AARP seniors group. In 2008, the group reported less than $2 million in revenue, most of it from direct-mail contributions.

This year the group has spent $7 million on election-related ads, according to its FEC reports. It also funded a $9 million campaign against Obama's health-care overhaul in 2009.

Amazing. They bring in $2 million from donors, yet somehow are able to find the money to pay for $9 million in ads. Gee. I wonder where the money could come from to protest health care reform. I can't think of anyone other than multibillion dollar insurance companies who might -might!- have an interest in fighting a health care bill that makes them pay out 85% of their revenue actually helping their customers.

Brave new world, kids. And it's going to suck.

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