Billionaire Plans Another Effort to Defeat Obama

Billionaire investor Joe Ricketts, who dropped plans for a $10 million advertising blitz linking President Obama with the fiery race-based rhetoric of the Rev. Jeremia Wright, “is involved in another effort slated for this summer, a documentary film based on a widely criticized book, The Roots of Obama’s Rage by Dinesh D’Souza, which asserts that Mr. Obama is carrying out the ‘anticolonial’ agenda of his Kenyan father,” the New York Times reports.

“Mr. Ricketts’s aides said he was one of roughly two dozen investors, providing only 5 percent of the film’s budget. But his involvement shows how the more strident attacks against Mr. Obama, which Mr. Romney’s aides view as counterproductive, continue to find backing even as the Republican Party and the Romney campaign seek to keep the focus on the economy.”