James Salzer at the AJC is looking into the matter and has this very interesting report.
Secretary of State Cathy Cox is building her name in Georgia’s African-American community this fall, and it’s not costing her — or her campaign for governor — a dime.
Two weeks ago, Cox began a $500,000 advertising campaign on black radio stations across the state cautioning listeners about financial scam artists and telling them where to get help. The advertisements will run through November in Atlanta and through the end of the year outside the metro area.
David Shafer, if you’ll remember, last year proposed Senate Bill 154, which would have stopped such spending. The bill made it out of the Senate, but not the House. Salzer gets a money quote from Shafer on this expenditure.
The Investor Protection Trust, which disburses the money, prohibits using the funds to promote individual officeholders. Last year’s Cox ads prompted Republicans to push legislation outlawing such practices, arguing that it’s unethical for Cox, a Democrat, to use the investor funds to campaign for office.
“These ads have nothing to do with investor protection and everything to do with raising her name identification among likely Democratic voters,