Mortgage Grapevine

Political: 2B spent on campaigns only to be right where we were yesterday. That is crazy!!

Campaign spending needs to be capped. It's an industry now and too much money wasted. The real winners are the networks who made the big bucks.

by Concerned American November 7, 2012 1:49 AM

Hadn't thought of it that way but you are 100% correct. Lot of money spent to accomplish nothing.
by ConservativeMe November 7, 2012 6:48 AM

CA, I actually agree with you on this. Just think if some of that would have been used to feed people, house them, etc.

Just a waste.
by Driver 8 November 7, 2012 7:46 AM

The media outlets love it....

by MichiganTed November 7, 2012 8:53 AM

It created jobs. Every penny spent went somewhere....sometimes thre or four times in its travels.
by turdly November 7, 2012 9:20 AM

Yes, turdly, but they were only temporary jobs, now that the election is over, any jobs created by that spending will now be terminated as they have not purpose anymore.

by Lex Parsimoniae November 7, 2012 9:39 AM

Yes, but your average person is not bright enough to separate full time from part time, looking for work from dropped off the end of the numbers, not realize that the employment numbers MUST drop by a certtain percentage now that the poll takers and such are unemployed/lesser employed.

They should negate seasonal work just as they have the title of 'nonfarm jobs' and 'seasonal adjusted'.

It was a season, the jobs should not have counted.

And they had a perfect purpose;
The fed someone for the labor they exchanged.
by turdly November 7, 2012 9:49 AM

$2B injected into the economy by the private sector, in most cases by people who have left the money on the sidelines.

This is excellent.
by goldenchild926 November 7, 2012 10:03 AM

2 Billion was just on the presidential campaigns.... dont forget all of the Congress and Senate races and then all of hte local races. Probably closer to $4B overall.

Bottom line, if politicians can spend $4B on running for office then 1. our economy is fine 2. being an elected offical is like winning lotto
by RonnieMTG25 November 7, 2012 10:55 AM

One person's waste is another person's income, there's no doubt about that.

by MichiganTed November 7, 2012 10:57 AM

In this case it is chronic bitchers than cannot look past their nose that think it is waste.

Some people, and I mean some respected people, seem to think that once a dollar is spent it explodes and becomes part of the ether to never be seen again and to have no actual value when it is spent.

You want jobs, and then you bitch about money being spent and churned.

I personally think a harsh lesson needs taught and that NASCAR needs to be abolished as a waste of resources and a general dumbing down of America.

It does however churn a bazillion dollars or so. I think it would be a great case for;
Your redneck family makes $28,000 a year, and you have $2000 in collectible NASCAR crap. Get on the bus, you're going to the re-education camp.

redneck was in my spell checker, NASCAR was not.
by turdly November 7, 2012 11:09 AM

The real winners are the networks who made the big bucks.

by Concerned American November 7, 2012 1:49 AM

What did the Networks do with the loot?

Pay people well. Who pay taxes and buy shit from business' who repeat the cycle. Trickle down working wonders.
by goldenchild926 November 7, 2012 11:59 AM

GC, no, the investors were paid well in dividends.
by Vinny Gambini November 7, 2012 1:02 PM

GC, no, the investors were paid well in dividends.
by Vinny Gambini November 7, 2012 1:02 PM

That too
by goldenchild926 November 7, 2012 1:16 PM

Ive been talking about this for several days. 2 BILLION. Thats INSANE. I cant believe those who say it was great because it went out into peoples pockets. Lets discuss WHOSE pockets. You start. Lets make this a republican/democrat worktogether.
by Cedonulli2 November 7, 2012 1:48 PM

It went in to the pocket of the sandwich shop down the road from the convention, the landlord that rented to campaign offices, to the pizza
Delivery guy, to the gas station owner and to the sign printer and the ink producer and the cardboard guy.

Maybe let's say half went to deep pocket guys smart enough to capture that half.

Good for capture guy.
by turdly November 7, 2012 6:04 PM


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