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Old 11-10-2008, 05:25 PM
 
Location: Omaha
481 posts, read 1,153,551 times
Reputation: 211

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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
13,320 posts, read 20,149,258 times
Reputation: 11645
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
72,027 posts, read 83,688,530 times
Reputation: 41816
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
 
4,669 posts, read 4,095,226 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
72,027 posts, read 83,688,530 times
Reputation: 41816
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 133,141 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 8,708,392 times
Reputation: 1215
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
 
281 posts, read 711,924 times
Reputation: 180
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
72,027 posts, read 83,688,530 times
Reputation: 41816
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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