Tuesday, October 21, 2008

Is Moneybags Obama Buying the Election?

The New York Times reports that because Barack Obama is swimming in a sea of cash, he is running four TV ads for every one that McCain can run.

With advertisements running repeatedly day and night, on local stations and on the major broadcast networks, on niche cable networks and even on video games and his own dedicated satellite channels, Mr. Obama is now outadvertising Senator John McCain nationwide by a ratio of at least four to one, according to CMAG, a service that monitors political advertising. That difference is even larger in several closely contested states.

Under ordinary circumstances, we are always hearing that when a well-funded candidate wins an election over a more cash strapped opponent (e.g. Michael Bloomberg against anyone), it is proof that money buys elections in America. Obama raised $150 million in September alone! But I promise you that no one will be making that charge in November if Barack Obama wins the election.

I explained in these posts why it is I do not accept the allegation.

Obama has a lot of money because a lot of people support him. This is also the reason he is likely to win the election. Do you see the connection?

Of course, the reason John McCain has only $84 million in total is no reflection on how many people support him. It indicates only that he took federal campaign funding on the confidence that Barack Obama said he would do the same. He should have known better.

No comments: