In Ohio, which is playing host to both presidential campaigns today, Democrats appear to be pulling ahead in the money race -- and in the polls -- an analysis by the Sunlight Foundation has found.
With President Obama and his Republican rival, Mitt Romney, barnstorming the state Wednesday, Sunlight decided to take a look at how their campaigns, and other candidates in the critical swing state, are faring. It looks like the Democrats have the advantage so far, when ad spending by outside groups and the candidates’ campaigns are weighed together. Because the Federal Election Commission does not require groups or campaigns ...
Continue readingDebunking the Wall Street Journal’s odd case against disclosure
Wall Street Journal columnist William McGurn is a well-known champion of free market capitalism. As somebody who supposedly understands all the benefits of markets, it is strange to see him attack disclosure and full transparency, as he did in a Wall Street Journal column this week entitled “The Chick-fil-A War is Back On: Welcome to the new intolerance.” McGurn starts off with some complains about how poor ol' Chick-fil-A is being treated. Apparently Mr. McGurn finds something intolerable about fast food consumers exercising their freedoms of choice and speech and using market forces to affect change. Would he feel the same way if they were complaining that the chicken tastes like rubber? Is not a boycott the most capitalist-friendly method of pushing change, with its pure reliance on market forces? McGurn also has bigger chickens to fry. He also doesn’t like the market-oriented (again) way that consumers have been sending signals to corporations that belong to the American Legislative Exchange Council, a conservative group that writes model legislation in secret and has recently come under fire for pushing model “Stand Your Ground” legislation at the state level. And back in 2005, he didn’t like consumers pressuring Charles Schwab from supporting the libertarian Cato Institute. And though he does not discuss campaign finance disclosure directly, it is hard to ignore that for the last few months, there is been an ongoing debate as to whether so-called “dark money” 501(c) groups should be required to reveal their donors. In July, Senate Republicans filibustered the DISCLOSE ACT, which would have required these groups to disclose their donors. Our best guess is that just two dark money groups (Crossroads GPS and Americans for Prosperity) have already spent $174 million on this election. And that the total dark money figure could approach $1 billion. McGurn apparently thinks all these contributions should happen behind the scenes, so that consumers and citizens can remain blissfully ignorant of the political agendas of the companies that they support in the marketplace. He writes that while transparency “may sound fine in theory, in practice these requirements can conflict with the right of people to come together in free association.”
Continue readingDark Money Organizations Change Strategies to Keep Donors Secret
As Election Day approaches, two major dark money organizations have been maintaining their aggressive pace of anonymously funded election spending.... View Article
Continue readingOutside groups spending millions on state level elections, ballot initiatives
A six year battle between the state of Michigan and a local billionaire will come to a head this November, when voters decide whether to build the first public bridge between Detroit and Windsor, Canada. The ballot initiative will be voted on despite an agreement Michigan Gov. Richard Snyder, a Republican, reached with the Canadian government earlier this year which, Snyder says, can't be overturned by the referendum.
The billionaire, Manuel Maroun, has spent at least $2.19 million bankrolling a nonprofit organization, The People Should Decide, via his company DIBC Holdings. Over the past two years, the ...
Gross Political Product: Outside campaign spending tops 2010 total
In a campaign that's supposed to be about an ailing economy, there's just one financial indicator that remains consistently robust: Call it the Gross Political Product.
The latest signal of just how profitable a business politics remains is available on Sunlight's Follow the Unlimited Money, which shows outside spending at nearly $465 million as of Sunday evening. That's more than the total for the entire 2010 campaign, the first that took place following the Supreme Court's landmark Citizens United decision, which allowed corporations and unions to give in unlimited amounts.
This cycle's outside spending ...
Continue readingFederal election commissioners versus the Federal Election Commission
In an odd twist even for a federal agency known for its fecklessness and divisiveness, some commissioners are challenging their own commission. Typically they merely oppose each other--along partisan lines.
Bizarrely, a group suing the Federal Election Commission submitted a statement supporting its case in court this week by Republican commissioner Donald McGahn. Which means McGahn is backing a suit against the body on which he serves.
The rigmarole started in June but came to a head Thursday, when a complicated case involving obscure aspects of campaign finance law landed at the Eastern District Court of Virginia. Judge T.S ...
Continue readingThe money bombers: Which outside spenders have the most for the homestretch?
Heading into the final stages of the 2012 campaign, the super PAC in position to have the biggest impact, by far and away, is American Crossroads, Sunlight's Follow the Unlimited Money tracker shows.
Of all the outside spenders who filed monthly reports Thursday with the Federal Election Commission, the super PAC founded by veteran Republican strategists Ed Gillespie and Karl Rove, has by far the biggest stockpile of cash: more than $32 million. The intriguing question: Will Crossroads, which has spent $25 million so far opposing President Barack Obama's reelection, continue to invest in the presidential race, or ...
Continue readingRyan attracts hundreds of D.C.-area donors at hotel fundraiser
With Republican presidential candidate Mitt Romney campaign’s finances in some trouble, a fundraiser at an upscale Washington hotel Thursday featuring his runningmate, Rep. Paul Ryan, R-Wis., attracted about 200 donors, according to an estimate from one who paid $1,000 to attend.
That was the lowest price of admission for the event, at the stately Mayflower Renaissance. For $2,500, guests got a photo with Ryan and for $10,000, they participated in industry roundtable meetings. After the photo op, attendees swung over to another room where they could have a beer or a glass or wine. Ryan was ...
Continue readingConflict of interest? Congressional freshmen policies and portfolios entwined
An analysis of financial disclosures filed by House freshmen revealed that some wealthy members are introducing legislation and speaking in favor of industries in which they maintain holdings. It's the latest dispatch in Sunlight's series on the House freshmen.
Continue readingObama sends secret love to geeks
You would expect to see Obama branding in every aspect of the Obama Victory Fund website. But the web developers at President Obama's campaign have taken it a step further, creating the Obama “O” campaign insignia in the source code of the website -- the sort of thing only dedicated hackers and data nerds could love -- or, for that matter, bother to suss out.
A screenshot of the Obama source code:
Known as ASCII art, the “O” is made from characters and spaces, serving no functionality other than appeal to geeks.
The Easter egg has generated attention in some circles ...
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