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via Dan Eggen and Phillip Rucker, The Washington Post Even as it bragged about beating President Obama in fundraising over the summer, Mitt Romney’s presidential campaign was so low on cash that it ended up engineering an unusual $20 million loan to meet expenses until the former Massachusetts governor was formally named as the Republican … Continue reading
via M.S. Bellows, Jr., The Guardian There has been much speculation about why Romney refuses to disclose earlier tax returns. Could it be as simple as an address? Friday’s exchange of letters between the election campaigns of Barack Obama and Mitt Romney, in which Romney rejected Obama’s offer to drop the tax return issue if … Continue reading
via Nicholas Confessore and Michael D. Shear, The New York Times The fund-raising machine behind Mitt Romney and the Republican Party once again outperformed President Obama and the Democrats last month, raising $25 million more in July than the president and his Democratic allies. Mr. Romney and the Republican National Committee took in $101.3 million … Continue reading
via Dan Froomkin and Paul Blumenthal, The Huffington Post One of the most consequential campaign finance loopholes affecting the 2012 race — the one allowing big-money donors to secretly funnel millions into campaign ads — is now closed, after an appellate court ruling on Monday. In April, a district court judge struck down a Federal … Continue reading
via E.J. Dionne Jr., The New York Times We are about to have the worst presidential campaign money can buy. The Supreme Court’s dreadful Citizens United decision and a somnolent Federal Election Commission will allow hundreds of millions of dollars from a small number of very wealthy people and interests to inundate our airwaves with … Continue reading
via Michael Scherer, Time Stephen Colbert is laughing at the U.S. Supreme Court. He started Thursday night, on his show, when Colbert transferred control of his super PAC to his mentor, business partner and friend, Jon Stewart. Here is the clip: It’s a great set piece of comedic theater underscored by a serious argument: Justice … Continue reading
via Michael McAuliff, The Huffington Post Some of Hillary Clinton’s most ardent supporters just are not willing to let go — and they’ve mounted a push to get her into next year’s White House race by making donations of $20.12 to her old presidential campaign committee. A review of Clinton’s most recent Federal Election Commission … Continue reading
The Brandt Standard 