Tuesday, September 4, 2012

Romney uses secretive data-mining in campaign money hunt

"Businesses use those kinds of analytics firms to answer key questions for clients, such as where to build a retail store or where to mail pamphlets touting a new product. The analysis doesn’t directly bring in campaign contributions, but it generates the equivalent of sales leads for Romney’s campaign.

The project relies upon a sophisticated analysis by powerful computers of thousands of commercially available, expensive databases that are lawfully bought and sold behind the scenes by corporations, including details about credit accounts, families and children, voter registrations, charitable contributions, property tax records and survey responses. It combines marketing data with what is known in this specialized industry as psychographic data analysis, which tries to ferret out Americans’ consumer behavior and habits." Link

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