But here's the key point, one that is getting too little attention. President Bush's father didn't run the Willie Horton ad. And this President Bush, however much they may have been funded by his supporters and run with Karl Rove's tacit approval, didn't run the Swift Boat ads. These were run by independent groups. Just how 'independent' we think they really are is a decent question. But even the sleaziest campaigns usually draw the line at the kind of sleaze they are wiling to run themselves under their own name.
I have no idea why the Republicans chose to do it this way, especially since everyone thought they'd need the 527's to do a lot to make up Obama's big advantage in direct campaign funds. It is mysterious.