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Attacking by name of democratic candidates. here's one that goes after president obama by name. >> typical washington. obama says spend more and promises jobs. obama donors and insiders line up for handouts. >> true economic growth will always be companies like solena. mr. president, we need jobs, not more washington insider deals. >> well, crossroads gps would call that an issue ad, but who exactly believes that? senior correspondent of the huffington post, and editor in chief. of national mmo.com. i want to start with dan who got us into this issue. i just looked at the law, and it clearly s...

An issue ad. so why the difference? it all comes down to money. rove's issues group has filed its first tax forms with the irs. and is filed as nonprofit organization. to do that, is arguing ads attacking candidates aren't political but issue-based. the huffington post reports that the nonprofit group, like this, is supposed to promote social welfare. how do attack ads promote social welfare? but issue based nonprofit don't have to disclose their donors while political organizations do. so when a mystery donor gave $10 million to crossroads gps to run anti-obama ads, rove didn't have to say wh...

>> typical washington. obama says spend more and promises jobs. obama asks insiders to line up for handouts. mr. president, we need jobs, not more washington insider deals. >> well, crossroads gps would call that an issue ad, but who exactly believes that? senior correspondent of the huffington post, and editor in chief. i want to start with dan who got us into this issue. i just looked at the law, and it clearly says if you spend this money on advertising in a campaign, and here's a rogue out there spending his gps money against people like tim kaine, all these money in these ads, drebt direc...

Of the big super pac money. big super pac money behind santorum in iowa is part of why he's had a surge. >> colbert super pac has released five ads now. it governs what can and cannot go into the ads. take a look at this one from long-shot presidential candidate buddy roamer. it's not an endorsement since he appears in it. it's an issue ad. he's appearing in the ad, and it's not called an ad for him. let's watch. >> i didn't pay for it. colbert's super pac did. and super pacs are not supposed to coordinate with candidates like me. but because this is an issue ad about super pacs not coordinate...

Limits. i'm going to raise as much money because i can. >> you talked for a long time about the importance of super pacs, but we have seen an effect nobody thought of. it's propping up candidates and keeping candidates in the race that voters have rejected. santorum, perry, gingrich, are only being listened to because of the big super pac money. it's part of the reason for the surge. >> colbert super pac has released five ads now. take a look at this one from november from long-shot presidential candidate buddy roamer. it's not an endorsement since he appears in it. it's an issue ad. he's appe...