In $7 million ad buy, Crossroads GPS blasts Obama on debt
Updated: 10:52 a.m. ET
(CBS News) 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."
Watch the video at left.
The group, which counts Karl Rove as one of its advisers, has pledged to spend $25 million this election cycle on "issue advocacy" aimed at framing the presidential election on jobs, the economy, Mr. Obama's health care overhaul and government debt.
Because Crossroads is a tax-exempt nonprofit group, it can spend unlimited money on politics, but the majority of its money must be spent on policy issues. Unlike American Crossroads, the group is not required to reveal its donors.
"Why isn't the economy stronger? In the seconds it takes to watch this, our national debt will increase $1.4 million," says a narrator in the ad. "In 2008, Barack Obama said, 'We can't mortgage our children's future on a mountain of debt.' Now he's adding $4 billion in debt every day, borrowing from China for his spending."
"Every second, growing our debt faster than our economy," the ad continues. "Tell Obama, stop the spending."
The thirty-second spot will air run for two weeks in Colorado, Florida, Iowa, North Carolina, New Hampshire, Michigan, Nevada, Ohio, Pennsylvania and Virginia.
"While Europe is in the throes of debt-fueled economic crisis, President Obama keeps spending and charging more on the nation's maxed-out credit cards," said Steven Law, president of Crossroads GPS, in a Tuesday statement. "We want to encourage a serious debate on the national debt that transcends President Obama's class-warfare tax hikes."
Bill Burton, a senior strategist with the pro-Obama super PAC Priorities USA Action, argued that "in rushing to defend" Romney with the ad, Crossroads was actually highlighting his "key weaknesses."
"As CEO, Romney often made millions by loading up companies with unsustainable debt to pay himself fees," Burton told Hotsheet in an email. "As Governor, Romney increased state debt by $2.6 billion - leaving the state with the highest debt per capita in the country. Now Romney is proposing to add $3.4 trillion to our debt with new tax cuts for the very wealthiest Americans."
He added: "In business and government, Romney has always been for more debt at the expense of the middle class, especially when it stood to make the wealthy, wealthier."
On Monday, Mr. Obama's campaign hit his Republican rival Mitt Romney with an ad attacking his credibility on economic leadership. According to top Obama campaign strategist David Axelrod, the buy was worth about $10 million and will run in the most of same states as the Crossroads GPS ad: Colorado, Florida, Iowa, North Carolina, New Hampshire, Nevada, Ohio, Pennsylvania and Virginia.
Watch the Obama campaign video below.
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http://thinkprogress.org/politics/2011/04/14/158424/republican-leaders-debt-limit-hypocrisy/
Even down to this, about jobs:
http://www.zdnet.com/blog/government/irony-gop-call-blasting-obama-for-unemployment-hosted-in-philippines/11257
They whine about jobs but can't be bothered to hire Americans.
THIS GOP IS A COMPLETE EMBARRASSMENT TO THIS COUNTRY.
How many more articles have to be put up for people to read to get such a simple fact across, noting that Democrats aren't always perfect and seem easy to cater to the GOP at times as well, but that's not the main issue right now. GOP hypocrisy is, as the article is about the GOP.
Bush had total control from 2001 to 2006, and nobody got shot or quit early or anything else to wreck the chances of a filibuster-proof session. Bush, McConnell, Cantor, and the other slimeballs ratcheted debt up very quickly.
Yes, Obama has spent. Subsidy and bailouts to corporations gutting this country still continues and if Obama put his foot down, his opponents would really have a field day (at this point, Mr President, to be frank, screw 'em. Enough is enough and you HAVE proven it, as I've pointed out to people around here time and again.)
Oh, Bush started the car bailouts as well... I've posted that article about the stopgap given to GM and Chrysler from Dec 08 in the past...
we can write it all off now as boolsheet
Democrats are responsible for some of it, but try to get a republican to explain 2001-2006, and I put out some links to very damning articles above... they can't. Or will try to spin things up the wazoo. I may not be keen on politicians, but on a scale of 1 to 10 of "credibility loss" (10 being the worst), Democrats are up to 5 and the GOP is at 17. The latter has become a true joke, but I worry the Democrats are just as much sellouts, hiding behind the cause of "compromise". If both sides are bought and paid for, of course, at which point both get a score of 30. Only oligarchies and plutocracies sell to the highest bidder. Democracies, comprised of thinking people, don't bend over to those with the money and freedom, and especially if those with the money use theirs to deprive others of theirs... that isn't freedom in any way shape or form.
You mentioned the 80s.
The next one who talks of society will be plentifully reminded of the rhetoric Reagan and especially Thatcher spewed out. Such as "There is no such thing as a society. There are only individual men, women, and families." The rightwingers wanted that, they got it, now they blame (everybody else) because of it. It's a true JOKE, and not the funny kind...