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2012: The outsiders

Crossroads GPS says it’s going up with a $25 million ad buy on broken Obama promises. The ad focuses on housing, taxes, health care, the deficit. “We need solutions not just promises,” an announcer says.

“When the head of JPMorgan Chase met with shareholders to answer for a trading loss of more than $2 billion Tuesday, it was against an evolving political backdrop: Donors from big banks are betting on Mitt Romney to defeat President Obama and repeal new restraints on risky, large-scale investments,” the Boston Globe reports.