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-   -   Where did the money go? (http://www.striped-bass.com/Stripertalk/showthread.php?t=79947)

ecduzitgood 11-11-2012 07:50 AM

Where did the money go?
 
I recall hearing about Obama passing the $1 billion dollar point in reguards to campaign contributions 2-3 weeks before the election. Then on election night I heard Romney spent over $1 billion and Obama spent $930 million. I haven't searched further but it sounds like $70 million disapeered on the Obama side.

spence 11-11-2012 08:28 AM

No, it can't just vanish. The FEC regulates campaign money pretty closely. I believe they can donate it to charity or other campaigns. But I doubt Obama has any left to be honest.

As for missing money, some are more concerned with the GOP :hihi:

Karl Rove under fire - Kenneth P. Vogel - POLITICO.com

-spence

ecduzitgood 11-11-2012 08:34 AM

There will be more, I'll keep watching for updates.
Posted from my iPhone/Mobile device

ecduzitgood 11-11-2012 08:37 AM

Speaking of charity how about an explanation about the $5 million that could have gone to charity if our leader wanted it to but didn't.
Posted from my iPhone/Mobile device

Nebe 11-11-2012 08:42 AM

Just think of how many jobs could have been created by all of the money the 1% spent on attack ads.
Posted from my iPhone/Mobile device

striperman36 11-11-2012 08:59 AM

Looking forward to Karl Rove being eviscerated by angry bazillionaires

sburnsey931 11-11-2012 11:45 AM

Quote:

Originally Posted by Nebe (Post 968803)
Just think of how many jobs could have been created by all of the money the 1% spent on attack ads.
Posted from my iPhone/Mobile device

If we use the Stimulus Package as a guide to how much it cost per job created. (Though there are many interpretations) according to the CBO the low end is 500k per job. So I guess we could have spent the money on 2000 jobs. Seems foolish to spend 500k per job when you'll never get it back in average in federal taxes paid by the job.
Posted from my iPhone/Mobile device

justplugit 11-11-2012 11:46 AM

Quote:

Originally Posted by ecduzitgood (Post 968802)
Speaking of charity how about an explanation about the $5 million that could have gone to charity if our leader wanted it to but didn't.
Posted from my iPhone/Mobile device

LOL, what was that date for hell freezing over? :huh:

Jackbass 11-11-2012 11:53 AM

Quote:

Originally Posted by Nebe (Post 968803)
Just think of how many jobs could have been created by all of the money the 1% spent on attack ads.
Posted from my iPhone/Mobile device

Obama and his cronies did have some doozies.
Posted from my iPhone/Mobile device


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