Fighting Outside Money With Outside Money

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So begins the 2012 presidential campaign’s outside spending money war.

Priorities USA Action, a super PAC run by two former Obama White House aides, has launched a new ad pushing back against a multi-million-dollar attack campaign targeting President Obama’s economic record by Karl Rove’s American Crossroads. Priorities’ $750,000 ad buy was significantly less than Crossroads’, but the spots will air in states—Colorado, Florida, Iowa, North Carolina, and Virginia—that are all crucial to Obama’s re-election.

Titled “Portraits,” the add calls Crossroads’ most recent offering—blaming President Obama for the lagging economic recovery—”politics at its worst.” Set against a montage of purportedly ordinary Americans, the ad’s narrator hews closely to Democratic talking points, criticizing Republicans for opposing “economic reform,” wanting to “end Medicare,” and cutting education funding, all the while supporting subsidies for big oil companies and tax breaks for the wealthy.

Here’s the ad:

Like American Crossroads, Priorities USA Action is a 527 organization, or super PAC, which means it has to report its donors to the Federal Election Commission. The public will eventually know who funded this ad and others from the Democrat-led group.

The takeaway here is this: Democrats got shellacked in the 2010 midterms, in part because they didn’t have the outside spending firepower to counter the barrage of ads from Crossroads and other like-minded groups. Not anymore. November 2012 is still almost a year and a half out, but already we’re getting an early glimpse at the outside money wars sure to dominate the airwaves the closer we get to election day.

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

Because the in-depth journalism on underreported beats and unique perspectives on the daily news you turn to Mother Jones for is only possible because readers fund us. Corporations and powerful people with deep pockets will never sustain the type of journalism we exist to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we need readers to show up for us big time—again.

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