It's hard to see a bobble-head doll as an example of "any news, public affairs, or sports broadcast or account, or any political campaign". Now, if the doll were being distributed as part of a political campaign, that would be different. But just to sell them as a novelty item doesn't seem to fit these categories.

Do you disagree regarding that particular bobble-head doll, with the combination of suit/gun/bullets, is certainly a political caricature?

The _Montana_ case above, about selling a poster, argues the exemption is broad.