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Ricketts spends $10 million on Super PAC against Obama

May 17, 2012 5 comments

(Politico)–The New York Times reports this morning on a proposal, under consideration by the financier of the Ending Spending super PAC, to go nuclear against President Obama in ways no mainstream Republican has:

The plan, which is awaiting approval, calls for running commercials linking Mr. Obama to incendiary comments by his former spiritual adviser, the Rev. Jeremiah A. Wright Jr., whose race-related sermons made him a highly charged figure in the 2008 campaign.“The world is about to see Jeremiah Wright and understand his influence on Barack Obama for the first time in a big, attention-arresting way,” says the proposal, which was overseen by Fred Davis and commissioned by Joe Ricketts, the founder of the brokerage firm TD Ameritrade. Mr. Ricketts is increasingly putting his fortune to work in conservative politics. 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.” The group suggested hiring as a spokesman an “extremely literate conservative African-American” who can argue that Mr. Obama misled the nation by presenting himself as what the proposal calls a “metrosexual, black Abe Lincoln.” A copy of a detailed advertising plan was obtained by The New York Times through a person not connected to the proposal who was alarmed by its tone. It is titled “The Defeat of Barack Hussein Obama: The Ricketts Plan to End His Spending for Good.”

It’s hard to know how seriously to take a pitch like this. As the Times notes, it doesn’t actually have money behind it yet, and public exposure may not make that more likely. It would be an enormous risk for Ricketts to take, and not necessarily one his party as a whole would welcome.The Ricketts super PAC is a new arrival on the outside spending scene — it gave Republican Deb Fischer an essential boost ahead of this week’s Nebraska Senate primary — and is evidently looking to get a lot of attention in short order.

I don’t care what your politics are…you have to LOVE this if you are a Cubs fan.  It just proves that Ricketts is willing to do whatever it takes to win.  Just drops money and resources to ensure his side wins.  He wanted Theo…boom he got him.  He wanted Hoyer…boom he got him.  He wanted to renovate Wrigley Field…boom he got it.  He out-bid the Red Sox for manager Dale Sveum.  Now he wants Romney and he is willing to write big time checks to make it happen.  I dig it.  That’s the kind of guy you want on your side.  Ricketts and Theo are going to dominate the National League, it’s only a matter of time.  For it’s peace he wants, and money he has.

***UPDATE: Several people have pointed out that it is Papa Ricketts who is behind the Romney Super PAC and not the group who actually owns the Cubs.  My mistake.  Furthermore I guess Laura Ricketts is a big Obama supporter.  Talk about the rebel daughter huh?  Dad spending $10m right in your candidate’s face has to create some tension.  Family dinners are probably super awk.

PS: On a more serious note…if you have a problem with Ricketts spending money on this Super PAC then I have a problem with you.  It’s his money.  He earned it.  He isn’t breaking any rules, so he should be free to spend it however he wants.  This is still America.  I don’t like the idea of Super PACs and campaign finance needs serious reconstructing, but both sides play this game.

PPS: I wouldn’t be surprised if Wrigley Renovations get delayed by City Hall red tape now.  Barack Obama and Rahm Emmanuel are boys and the Rahm doesn’t fuck around.  That guy will play hardball all day long.

Follow the Chief @WindyCitiSports

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