Morning must-read: How TV stations are “profiteering” from Super PACs

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“While TV stations are required by law to offer discounted airtime to politicians, Super PACs have to pay market rates,” explains Rolling Stone “… In essence, broadcasters are now profiteering from a vicious circle of corruption: Politicians are beholden to big donors because campaigns are so expensive, and campaigns are so expensive because they’re fought through television ads. The more cash that chases limited airtime, the more the ads will cost, and the more politicians must lean on deep-pocketed patrons. In short, the dirtier the system, the better for the bottom line at TV stations and cable systems.”

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Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.