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Analyst: Campaign Ads Sapping Market Confidence

By Matthew Mosk
Looking for someone to blame for the global economic crisis?

How about all those windbag politicians who can't stop talking about how bad things are?

That's not a bad place to start, according to Jim Courtovich, Managing Partner of Kearsarge Global Advisors (KGA), a Washington, D.C.-based government affairs and communications firm. Courtovich today released the firm's analysis of campaign advertising, and calculated that politicians and third-party groups have spent nearly $96 million on campaign ads that have "a negative message on the economy."

That was enough to purchase more than 600 ads, appearing 214,050 times.

"The trend in spending on these negative messages has no end in sight and could be a continued drag on confidence in the markets," Courtovich said.

According to the study, about half of the ads focused on the presidential campaign, a third were for congressional candidates, and the rest were ads touting candidates for state office.

Of course, it could be that all these politicians have tapped into a genuine lack of confidence in the American economy. As Washington Post political writer Chris Cillizza reported today, the new Washington Post/ABC News national poll found that just eight percent of the national sample believes the country is headed in the right direction, while a stunning 90 percent believe it is off in the wrong direction.

By Web Politics Editor  |  October 13, 2008; 5:04 PM ET
Categories:  Economy , The Green Zone , The Hidden Campaign  
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Next: McCain Responds to Conservative Critics

Comments

Obama goes up in the polls and the stock market goes up. Too bad - can't blame the bad stock market on Obama. So all the Republican trolls will have to work their little minds overtime thinking up a new reason for their hate. By tomorrow they'll come up with some other twisted crap.

Posted by: waynehaythorn | October 14, 2008 10:22 PM | Report abuse

Look, the market would need to be fueled by confidence, ie con, jobs if we were to focus our long-term economic and governing strategies on peace, prosperity, health care, education, energy independence and environmental stewardship.

The short-term soda pop strategies of the Republican parties have gotten us into one mess after another.

It's time for a long-term strategy that is sound for our children, and their children, and their children.

Let's educate them so they can compete with the Chinese and Indians. Let's provide health care for them so they can be more productive and focus on achieving their dreams, not worrying about their health.

Where there is no vision the people shall perish... Where there is a vision, Republicans will lie, cheat, steal and try to extinguish that vision.

Posted by: jrob822 | October 14, 2008 1:51 PM | Report abuse

Ever wonder what would happen if MTV hosted a presidential debate, well now you get to find out.
http://www.youtube.com/watch?v=752cvy86qH8

Seems McCain may be asking Palin to take his place in the debate tonight.
http://www.youtube.com/watch?v=uMebGbcC2Sg

Posted by: pastor123 | October 14, 2008 12:55 PM | Report abuse

"That is why al-Qaida attacked the U.S. less than eight months after President Bush took office."

HOW ABOUT THIS A**HOLE?
The attack was SUCCESSFUL because the INCOMPETENT BUSH WAS IN OFFICE.

Posted by: TOMHERE | October 14, 2008 12:09 PM | Report abuse

“They know our weaknesses and in some cases how to impact public opinion,”
HOW DO THEY IMPACT OUR PUBLIC OPINION?
IT'S SO EASY!
They get some MORON like you to write GARBAGE LIKE THIS.
It's called RAISING FEAR BY SPREADING RUMORS.
It SHOULD BE called TERRORISM BY PROPAGANDA.
It SHOULD BE A CAPITAL OFFENSE.

WE NEED TO BUILD A GIANT GALLOWS ON THE MALL...........

Posted by: TOMHERE | October 14, 2008 12:05 PM | Report abuse

Part of the CIRCULAR FIRING SQUAD.
Pointing fingers....
1. NEVER ADMIT YOU'RE WRONG.
2. NEVER ACCEPT RESPONSIBILITY.
3. BLAME SOMEONE ELSE.
4. NOVEMBER 4th - America TAKES OUT THE TRASH.

Posted by: TOMHERE | October 14, 2008 11:38 AM | Report abuse

True. But the elephant in the room is that the markets are down ANTICIPATING OBAMO.
MARKETS ANTICIPATE. Face it folks: the real reason the markets are tanking [and it is really not that surprising] is that they are anticipating the obama presidency [or are we not allowed to say this?].
We had all the talk of GWB being in bed with business, and markets did great; now we are facing a virtual socialist. What would you expect???

Posted by: robeste | October 14, 2008 10:44 AM | Report abuse

FINALLY! The REAL TRUTH about Obama

He ain't perfect
But he ain't Republican
And THAT's all that counts

Besides PALIN=BUSH in a Skirt

Posted by: thenotoriousflavio | October 14, 2008 10:23 AM | Report abuse

96 MILLION dollars on campaign ads. Well the bad economy has not affected the Media! And it is Obama that is buying the media and the White House.
This country is For Sale. Thanks Media and Obama.What a strong nation you have made us.

Posted by: Texan2007 | October 13, 2008 10:50 PM | Report abuse

October Surprise comes in November

Ex-FBI Analyst Predicts Attack After
Election

Tuesday, September 30, 2008

By: Ronald Kessler


Al-Qaida or affiliated groups probably will attack the United States in the months after the election to “welcome” the new president, says Frederick Stremmel, a former top FBI counterterrorism analyst.

Stremmel, who retired from the FBI a year ago after working the major counterterrorism cases for 25 years, tells Newsmax that al-Qaida would not attack before the election.
“They know our weaknesses and in some cases how to impact public opinion,” he says. “The best example is the timing of the Madrid bombings which occurred near election day in Spain. The Madrid attacks probably impacted the Spanish elections and ultimately led to diminished Spanish government support of U.S. foreign policy.”


Al-Qaida knows that an attack before the election would help elect Republican Sen. John McCain, Stremmel says. The terrorists would prefer Democratic Sen. Barrack Obama because they believe he would “swing the pendulum back” to more lenient anti-terrorism policies, Stremmel says.

“The months following the election or inauguration of the new administration is prime time for an attack,” he says. “They will want to impact the new administration and its policies. There is a history of Islamic terrorists wanting to make life miserable for successive administrations.”

That is why al-Qaida attacked the U.S. less than eight months after President Bush took office.

“I do not think the timing of the 9/11 attacks came out of the blue,” Stremmel says. “I have always thought that al-Qaida wanted to attack the new administration that followed Clinton’s. I think a goal of al-Qaida was to attack within a year of the new administration taking power.”

Posted by: seemstome | October 13, 2008 9:49 PM | Report abuse

McCain or Obama?

Both candidates are qualified. There are hundreds of other people equally qualified to be President. This election we will choose either McCain or Obama. There are no other practical choices.

Both candidates are, to some degree, lacking some desirable characteristics. Both are struggling to develop and explain plans and programs that advance their political theories of Government. Both are trying to explain their programs to attract the most votes.

One rule of politics that is good to remember is, "Candidates are a dime a dozen." There are at least a thousand people in the Government in Washington who think they would be a better candidate than either McCain or Obama.

We should guard against taking a liking to either candidate just as you would not take a liking to a used car salesman. McCain and Obama got themselves into this race and we do not owe them anything.

Obama, if he is elected, will become the leader of the Democrat Party and will continue to move the country into socialism, taking taxes from the producers, reducing jobs and encouraging an increase in the size of the underclass. Individual freedom will be lost to increased regulation of every facet of life. Soft foreign policy will result in wars that will require universal military service.


McCain, if he is elected, will become the leader of the Republican Party and will continue to move the country into capitalism. Producers will keep more of the fruits of their work effort resulting in more jobs for everyone. Individual freedoms will be insured by the courts and Government regulation will be minimized. Hard foreign policy will result in an expansion of freedom around the world.

Forget about these two turkeys and vote for your best interest.

Posted by: pauljuliusevergreen | October 13, 2008 8:38 PM | Report abuse

Here, I just Googled Jim Courtovich for you. Here's how easy it is to do research:

"[Courtovich] was Senior Advisor to former Senator Phil Gramm during his time in the Senate, as well as a lead spokesman and strategist during his Presidential campaign. He has also worked for U.S. Senators Warren Rudman and Bob Dole."

Senior advisor to Phil Gramm, Mr. "Mental Recession". That should answer all your questions about whether or not this guy should be listened to right there.

Posted by: ManUnitdFan | October 13, 2008 8:14 PM | Report abuse

KGA is what? An astroturf PR firm? They say what they are paid to say. Report on who paid them how much and for what and this article might contain some actual reporting instead of stenography of a press release.

Posted by: gjcomm | October 13, 2008 7:22 PM | Report abuse


McCAIN-PALIN'S 'FELLOW TRAVELER' INSINUATIONS:
WHAT IF U.S. SECURITY FORCES AGREE?

http://www.nowpublic.com/world/mccain-palins-fellow-traveler-insinuations-what-if-u-s-security-forces-agree

Posted by: scrivener50 | October 13, 2008 7:09 PM | Report abuse

Spain's Banco Santander will buy Sovereign Bank. Sovereign is a major northeast regional bank.

This acquisition might spark consolidation in the banking sector. Sandander will get Sovereign on the cheap - its stock is down 65% this year.

Posted by: toritto | October 13, 2008 6:34 PM | Report abuse

For this article


Mathew Mosk = Sarah Palin

Sorry bud, thumbs down.

Posted by: thenotoriousflavio | October 13, 2008 5:42 PM | Report abuse

Sounds like Mathew Mosk had a...

REPUBLICAN MOMENT

Dude you're not dreaming, you're actually at work right now. Go your pants on I hope.

Posted by: thenotoriousflavio | October 13, 2008 5:41 PM | Report abuse

If you're investing based on what you see in campaign ads, you don't deserve to have the money in the first place.

Posted by: ManUnitdFan | October 13, 2008 5:37 PM | Report abuse

Give me a break. This is the stupidest argument ever. Whining republicans are made because the dems are winning so they have a new angle to try and blame them for the disasterous bush economy.

Posted by: julian9682 | October 13, 2008 5:20 PM | Report abuse

That's why the Dow Jones went up almost 1,000 points today?

Posted by: MarkInAustin | October 13, 2008 5:09 PM | Report abuse

The comments to this entry are closed.

 
 
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