Posts Tagged 'money in politics':
6 hits
How Corruption Is Strangling U.S. Innovation (Blogpost)
by James Allworth | 8:00 AM April 26, 2013 Tesla. Uber. Netflix. Most economies would kill to have a set of innovators such as these. And yet at every turn, these companies are running headlong into regulation (or lack thereof) that seems designed to benefit incumbents. The reason? The devastating impact of money in politics and how it discourages disruptive innovation among new businesses. Click through this explainer to learn more about legal bribery and U.S. competitiveness:
A ‘dark money’ push behind Obamacare? (Forum)
By Sasha Chavkin | February 1, 2013 Politico takes a close look at the backers of a new outreach effort This morning, Politico published a fascinating story about a new campaign to support implementation of the Affordable Care Act that will be underwritten by outside funders. The leaders of the initiative include both former White House and Obama campaign officials, and leading executives from the health insurance industry. Politico’s Kenneth Vogel and Jennifer Haberkorn describe the effort this way:
Revealed: Key Files on Big-Ticket Political Donations Vanish at Federal Election Commission (News)
By Thomas Ferguson, Paul Jorgensen and Jie Chen | AlterNet | July 16, 2012 Top money and politics researchers discover that the FEC is quietly deleting information on fat-cat funders. The Federal Election Commission has long been the go-to source for tracking political money. So when it starts cleansing politically hot contributions from its files, it matters. Big time.
JPMorgan Builds Vast Web of Staff, Financial Ties to Lawmakers (Forum)
By Kevin Wack | AmericanBanker.com | Wednesday, June 13, 2012 WASHINGTON — When the Senate Banking Committee meets Wednesday to question Jamie Dimon about the massive trading loss at JPMorgan Chase (JPM), its five most senior members will have one thing in common: a heavy reliance on campaign contributions from the politically connected New York bank. JPMorgan is Banking Committee Chairman Tim Johnson's second-largest contributor over the last two-plus decades, according to the Center for Responsive Politics, which analyzes campaign giving from companies' employees and their political action committees since 1989. The same is true for the committee's top Republican, Sen. Richard Shelby, and its second-ranking Democrat, Sen. Jack Reed.
Creating Democracy and Challenging Corporate Rule! (Forum)
Hey folks! I'm working to book a tour for David Cobb (spokesperson for Move to Amend, the national campaign against corporate constitutional rights) and we'd really love to visit yall in Arizona! Could somebody from Occupy Prescott contact me at barnstorming@movetoamend.org or 707.269.0984 to discuss this? Or, if I'm totally off base, could you point me in the right direction? Thanks!! alanna www.movetoamend.org Move to Amend Coalition (707) 269-0984
25% of super PAC money coming from just 5 rich donors (Forum)
By Fredreka Schouten, Gregory Korte and Christopher Schnaars, USA TODAY WASHINGTON – Five wealthy people, led by Dallas industrialist Harold Simmons and Las Vegas casino mogul Sheldon Adelson, have donated nearly $1 of every $4 flowing to the super PACs raising unlimited money in this year's presidential race, a USA TODAY analysis shows. Those donations have helped new Republican-leaning outside groups swamp Democratic-friendly super PACs in fundraising — money that is used largely for attack ads. The large sums also have rejuvenated the underfunded campaigns of principal challengers to former Massachusetts governor Mitt Romney in the race for the Repulican nomination.
