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Election 2010 to Shatter Spending Records- The $4 Billion Dollar Election

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Panaconda Donating Member (672 posts) Send PM | Profile | Ignore Thu Oct-28-10 10:00 AM
Original message
Election 2010 to Shatter Spending Records- The $4 Billion Dollar Election



Election 2010 to Shatter Spending Records as Republicans Benefit from Late Cash Surge

By Communications on October 27, 2010 4:00 PM

Center for Responsive Politics predicts midterms could cost nearly $4 billion

...

Conservatively, the current election cycle will cost $3.7 billion, the Center predicts, reaffirming an initial cost-of-election prediction from earlier this year. The Center now forecasts, however, that final spending numbers for the full cycle will likely flirt with the $4 billion mark.

As of today, the Center calculates that Republicans have raised $1.64 billion to Democrats’ $1.59 billion. These figures include money raised by candidates and parties, and the money reported by outside organizations. The party split for outside money include independent expenditures on behalf of or against Democrats or Republicans; electioneering communications based on the general ideological leanings of the organization; and receipts by 527 organizations that are not already included elsewhere.

Regardless of the final figures, they’ll be profoundly large: In 2006, the federal midterm election cost $2.85 billion, while in 2002, it cost $2.18 billion. The 1998 election cost just $1.61 billion. Races during the 2004 presidential election cycle are tallied at $4.14 billion – only a small fraction more than the predicted cost of the 2010 midterm cycle. The 2008 presidential election cycle, at nearly $5.3 billion, remains the most expensive overall.

The Center’s findings are largely based on fund-raising data reported to the Federal Election Commission into this month by all candidates for federal office, party committees, political action committees and federally focused 527 committees. This conservative estimate also includes independent expenditures on advertising and get-out-the-vote efforts by outside political action committees and other organizations to support and oppose candidates.

...

http://www.opensecrets.org/news/2010/10/election-2010-to-shatter-spending-r.html
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 10:03 AM
Response to Original message
1. gotta launder that daylight robbery, er, bailout and stimulus money somewhere...
This was the plan, of course.
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jaxx Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 10:23 AM
Response to Reply #1
3. Do you have a link to the plan?
I'd like to read it.
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 10:47 AM
Response to Reply #3
4. Follow the money
that's all you need to know.
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jaxx Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 10:50 AM
Response to Reply #4
5. No, I need to read the plan.
Where is it?
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 10:51 AM
Response to Reply #5
7. Ask the folks who engineered the robbery
I'm sure they'll be more than happy to turn it over to you. :sarcasm:
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jaxx Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 10:57 AM
Response to Reply #7
8. It doesn't sound like you've read the plan either.
Jeez
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 11:02 AM
Response to Reply #8
9. No, it's my opinion
but if you think that the people who engineered the thing didn't profit from it, then there isn't much I can do for you.
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jaxx Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 11:13 AM
Response to Reply #9
10. I didn't ask for your help.
I asked for the plan and now you say it's your opinion.
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 11:17 AM
Response to Reply #10
11. Yes, it's my opinion that there was a plan
Edited on Thu Oct-28-10 11:43 AM by ixion
I'm not sure why that's so difficult for you to get your head around, but best of luck. Good day.

Report: Broadband stimulus flows disproportionately to Commerce Committee members

Source: The Hill

Over 40 percent of stimulus funds that the Commerce Department doled out for broadband went to or was shared by districts represented by House Energy and Commerce Committee members, according to an analysis by Communications Daily. The committee oversees telecom issues.



http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4591697
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Panaconda Donating Member (672 posts) Send PM | Profile | Ignore Thu Oct-28-10 09:33 PM
Response to Reply #8
14. Here's the plan


Get it?
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TBF Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-29-10 06:55 AM
Response to Reply #14
15. Rec this post. nt
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 11:44 AM
Response to Reply #5
12. here's a clue
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chimpymustgo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-29-10 07:50 AM
Response to Reply #1
19. Incisive theory. Plausible - but because they've bought the House, the Senate, & the Supreme Court,
you'll probably never be able to prove it. But we know how they play the game. And we know the results. Can you draw any other conclusion?
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sharp_stick Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 10:03 AM
Response to Original message
2. Imagine the good that
could have been accomplished with that money? Instead it's all tossed into a shitload of idiotic TV and print mailers.

My Linda McMahon mailers make up a good chunk of weekly recycling.
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bighart Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 10:51 AM
Response to Original message
6. And we wonder why government is not responsive to the needs
and wishes of the general public.
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maryf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-28-10 03:28 PM
Response to Original message
13. K&Rnt
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TBF Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-29-10 06:55 AM
Response to Original message
16. Morning kick nt
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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-29-10 07:41 AM
Response to Original message
17. k&r
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Cal Carpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-29-10 07:41 AM
Response to Original message
18. How ridiculous
And yet the US acts like it's some beacon of democracy. Give me a fucking break.
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toddwv Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-29-10 07:56 AM
Response to Original message
20. We should call this the Robert's Election
in honor of the Supreme Court that made all this possible.
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Panaconda Donating Member (672 posts) Send PM | Profile | Ignore Fri Oct-29-10 08:10 AM
Response to Original message
21. Reality bump
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