Sherry Chandler

Here’s an obscenity

From the NYTimes:

JOHN McCAIN and Barack Obama are not the only winners to emerge from the long presidential primary season.

The two presumptive nominees, along with the many candidates who bowed out along the way, spent more than $900 million through the end of May, about $470 million more than was spent on primaries in 2000, when both major parties last had competitive primary battles. Nearly half of the current spending has been paid to just a few dozen companies.

…

Some experts say they think that as campaign spending rises, the candidates benefit much less than the companies. “The total amount of money doesn’t matter, especially since you start to see diminishing returns,” said Ray C. Fair, an economist at Yale who studies economic influences on presidential elections. “What matters is the difference in spending between the two parties.”

Elections are bought in this country. So, while it may be one (wo)man, one vote at the polls, it is not on human one dollar. That’s only on your IRS return.

Possibly related posts:

“Money Doesn’t Talk, It Swears…”

And a balance to the obscenity

The economics of it, the prequel

The news is a laugh riot

The essential nature of insurance companies

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