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Old 11-10-2008, 05:25 PM
 
Location: Omaha
482 posts, read 1,327,857 times
Reputation: 217

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Banking on Becoming President | OpenSecrets

Wowza! Over a billion dollars raised.
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Old 11-10-2008, 05:26 PM
 
Location: Sunshine N'Blue Skies
13,321 posts, read 22,608,180 times
Reputation: 11694
Yes, there should be a cap on money spent. Its way too overboard.
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Old 11-10-2008, 07:19 PM
 
Location: Bella Vista, Ark
77,772 posts, read 104,356,591 times
Reputation: 49248
I don't know where or how this can be controlled, but something has to give...This is not to take on any candidate but I feel Obama bought the election> In some ways, more power to him, but there has to be a limit. The other races the same. My husband ran for a small, local election in 2004 and again in 2006: I don't want to even tell you what it cost. Lucily the second time most the costs were absorbed by donations. Even then this is crazy....

Nita
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Old 11-11-2008, 05:52 AM
 
4,655 posts, read 5,051,092 times
Reputation: 409
Too much? I don't know.

Way more than needed to be? Probably. I have no idea how you'd regulate less spending. If you put a cap on the candidates spending you'd have all the non-profits like moveon.org running commercials instead of the prez. Or they'd do it under a private citizen's name. You can't regulate that.
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Old 11-11-2008, 08:00 AM
 
Location: Bella Vista, Ark
77,772 posts, read 104,356,591 times
Reputation: 49248
Quote:
Originally Posted by kdbrich View Post
Too much? I don't know.

Way more than needed to be? Probably. I have no idea how you'd regulate less spending. If you put a cap on the candidates spending you'd have all the non-profits like moveon.org running commercials instead of the prez. Or they'd do it under a private citizen's name. You can't regulate that.
It is almost a no win situation, but something does have to be done..
Nita
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Old 11-11-2008, 05:08 PM
 
Location: Omaha
53 posts, read 151,043 times
Reputation: 25
I'm fine with a candidate spending whatever he can raise from private individuals, including his own income. If they want to waste a billion dollars to not even get my vote, fine with me. All this spending goes somewhere... so it's still commerce, which is never really bad. Now getting public funding, that's a different story. I don't want a single dollar of taxpayer money to be spent on a campaign. I could get way more into my reasons why, but I think I'll stay on topic for now.
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Old 11-11-2008, 07:36 PM
 
Location: Chicago
3,340 posts, read 9,667,279 times
Reputation: 1238
We have quite the Politics forum here (we've even attracted a few foreigners!)

Welcome NMNita and Summering!
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Old 11-12-2008, 10:08 AM
 
324 posts, read 959,418 times
Reputation: 253
Regarding Obama and his war chest: Don't fret. He's all about redistribution of wealth. So, I'm sure that any unused money will be immediately redistributed to those in need.

BTW, you'll see that right after you see monkey's flying out of my ...
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Old 11-12-2008, 03:19 PM
 
Location: Bella Vista, Ark
77,772 posts, read 104,356,591 times
Reputation: 49248
Quote:
Originally Posted by Go Ne View Post
We have quite the Politics forum here (we've even attracted a few foreigners!)

Welcome NMNita and Summering!
thanks, I am a political junkie (sorta) actually am glad the election is over, but can't stop debating, so am enjoying the Nebraska board for now.

NIta
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