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| Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
11-11-2012, 07:50 AM
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#1
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time to go
Join Date: Oct 2007
Posts: 2,318
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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.
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11-11-2012, 08:28 AM
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#2
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,467
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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 
Karl Rove under fire - Kenneth P. Vogel - POLITICO.com
-spence |
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11-11-2012, 08:34 AM
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#3
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time to go
Join Date: Oct 2007
Posts: 2,318
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There will be more, I'll keep watching for updates.
Posted from my iPhone/Mobile device
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11-11-2012, 08:37 AM
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#4
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time to go
Join Date: Oct 2007
Posts: 2,318
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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
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11-11-2012, 11:46 AM
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#5
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Registered Grandpa
Join Date: Nov 2003
Location: east coast
Posts: 8,592
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Quote:
Originally Posted by ecduzitgood
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
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LOL, what was that date for hell freezing over?  |
" Choose Life "
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11-11-2012, 08:42 AM
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#6
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Registered User
Join Date: Sep 2003
Location: Libtardia
Posts: 21,696
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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
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11-11-2012, 11:45 AM
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#7
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Registered User
Join Date: Oct 2009
Posts: 122
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Quote:
Originally Posted by Nebe
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
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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 |
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11-11-2012, 11:53 AM
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#8
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Land OF Forgotten Toys
Join Date: Sep 2009
Location: Central MA
Posts: 2,309
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Quote:
Originally Posted by Nebe
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
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Obama and his cronies did have some doozies.
Posted from my iPhone/Mobile device |
I am the man in the Bassless Chaps
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11-11-2012, 08:59 AM
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#9
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Old Guy
Join Date: Oct 2004
Location: Mansfield, MA
Posts: 8,760
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Looking forward to Karl Rove being eviscerated by angry bazillionaires
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