Big Money Was A Bad Bet In 2012, But Rich Donors Vow To "Double Down" On Election Spending

The first true test of the post-Citizens United campaign financing landscape resulted in a cash “arms race”that drove election spending to unthinkable records, but with surprisingly little to show for the big checks cut by a cache of wealthy donors. The 2012 campaign will end up costing a total of over $6 billion, with $2 [...]

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2012 Will Be A Record $6 Billion Election

The 2012 election had long been predicted to set new records for money raised and spent during a single political campaign, but updated figures show that the actual money race has blown past expectations and is likely to be the most expensive in American history by nearly $1 billion.  The dismantling of national campaign finance [...]

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Big Corporations Use Lobby Group For Small Business As "Smokescreen" to Promote Big Business Agenda

One of the nation’s most prominent organizations ostensibly dedicated to promoting the interests of small business and small business owners is in fact a well-oiled machine taking in substantial secret contributions to lobby on behalf of policies that solely benefit major corporations. “Small businesses” are a favorite subject of election year politicking and a catchall [...]

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Political Spending Records Being Shattered At Breakneck Pace in 2012

Eight weeks to go until the November election and the race to raise and spend as much money as corporations and wealthy contributors can part with is already setting new political spending records, charting a pace that goes beyond even the most wild predictions offered at the start of the campaign. From the moment Barack [...]

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Powerful Interest Groups Spend Millions On Elections, Call It "Social Welfare" To Gain Subsidies And Tax Exemptions

In the avalanche of money being raised and spent on the 2012 election campaign, from local elections to congressional races to the battle for the White House, the most significant players have turned out to be groups with the innocuous title of “social welfare” organizations that use every tax and campaign finance loophole on the [...]

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THE HEADLINES

  “IT SHOWS HOW MUCH DESIRE THERE IS FOR SECRECY AMONG HUGE DONORS WHO WANT TO BE ABLE TO SPEND MONEY TO INFLUENCE THIS ELECTION WITHOUT LEAVING ANY FINGERPRINTS.” So-called “social welfare” nonprofits groups are spending more money to influence the 2012 election than the super-PACs loosely connected to the actual campaigns, a new report [...]

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THE HEADLINES

` STATE OF FLORIDA CLOSES TUBERCULOSIS HOSPITAL IN MIDST OF “WORST OUTBREAK IN 20 YEARS”; OUTRAGE ENSUES… (Palm Beach Post) ` In what may be the most bizarre yet potentially deadly political controversies seen in Florida, Gov. Rick Scott and some state lawmakers are facing questions from health officials and public wrath for their decisions [...]

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2012: The Most Expensive Election Ever?

The stage is set for what could be the country’s most expensive election in history next year, with President Obama taking in record sums for his reelection bid and independent conservative groups ready to unleash as much as $440 million to defeat him. The 2008 presidential contest won by Obama, along with congressional races, cost [...]

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Money Can't Buy You Love, But Can It Buy President Obama (Or The Kochs) An Election?

Barack Obama and his army of wealthy “bundlers” are getting a head start on the purchase of the 2012 presidential election, but conservative financiers looking to beat him next fall aren’t far behind. President Obama’s reelection campaign kicked off in earnest over the last three months, and though the November 2012 general election is still [...]

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THE HEADLINES

NEW POLL FINDS GROWING PUBLIC DISCONTENT WITH AMERICA’S WAR IN AFGHANISTAN. (Washington Post) Over 60 percent of Americans now beleive the war in Afghanistan is “not worth fighting” and a similarly large number say that President Obama should start withdrawing “significant” amounts of troops from Afghanistan by this summer. The new poll is the latest [...]

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