Political Ads, Super Pac | featured news

...And that will all come on top of the barrage of negative ads from Republican groups. Despite the conventional wisdom that Obama would attack Romney to distract from the poor state of the economy, the Post finds that 100 percent of the ad spending from GOP-aligned groups Americans for Prosperity, the American Energy Alliance, American Crossroads and Crossroads GPS have been negative. 58 percent of Romney’s spending has been on negative ads, compared to only 44 percent of Obama’s. If anyone can win this election on the strength of a barrage of misleading negative ads, it won’t be Obama, it will be his opponent.

A super PAC backing President Obama is out with a new TV ad today criticizing Mitt Romney for making money on business deals in which companies went bankrupt... "For every company he drove into the ground, Romney averaged a $92 million dollar profit," the narrator says. "Now he says his business experience would make him a good president? If Romney wins, the middle class loses."

Crossroads GPS, the sister organization to the super PAC American Crossroads, is launching a $7 million TV ad Tuesday blasting President Obama over the national debt, and accusing him of "growing our debt faster than our economy.

Here’s today’s political bombshell, courtesy of the New York Times: A GOP-leaning Super PAC funded by the founder of TD Ameritrade and the owner of the Chicago Cubs, Joe Ricketts, is considering a proposal to launch TV ads re-litigating President Obama’s ties to the Rev. Jeremiah Wright. And it would be timed to air leading up to the Democratic convention in September. “The $10 million plan, one of several being studied by Mr. Ricketts, includes preparations for how to respond to the charges of race-baiting it envisions if it highlights Mr. Obama’s former ties to Mr. Wright, who espouses what is known as ‘black liberation theology.’

An independent group backing Republican Mitt Romney is spending nearly $4 million on ads in nine battleground states. An organization that tracks TV spending by political campaigns says the Romney-aligned Restore Our Future has bought television ad time in Florida, North Carolina, Ohio, Michigan, Iowa, Colorado, Nevada, Virginia and New Hampshire.

Super PACs have poured nearly $4 million into advertising in Ohio ahead of Super Tuesday, accounting for most of the spending in what has become an overwhelmingly negative contest.