The Staggering Amount of Money Spent on the Obama Campaigns in 2008 and 2012

Barack Obama shattered records when he chose to refuse the government’s election campaign fund for private funding.  With $730 million spent to get him in the White House, 2008’s campaign definitely set a new bar.  However, early reports indicate that even more could be spent this time around in 2012.  And if Romney wins the Republican nomination, he’s rich enough to go the same route as Obama in 2008 himself.  The amounts spent on this election year could be even more staggering.  The real question you’re probably asking yourself is where does all that money go?