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The STOCK Act and Security through Obscurity

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Congress has been delaying implementation of the STOCK Act, largely out of fear over what could happen if disclosures go online. A new report from the National Academy of Public Administration says those fears are well-founded. But its reasoning is flawed, and its recommendations -- which amount to security through obscurity -- are badly wrong-headed. If there are problems with the disclosures mandated by STOCK, let's fix them. Ignoring them and hoping that obscurity will prevent bad things from happening is not only short-sighted, it's dangerous.

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2Day in #OpenGov 4/3/2013

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NEWS ROUNDUP:

  • Lobbying law loopholes may have allowed many individuals who were registered to lobby in 2011 to deregister in subsequent years while still working for the same companies, and possibly continuing to lobby. There are plenty of reasons why a lobbyist would want to deregister ranging from fear of stigma to the desire to land an administration job. (Roll Call)
  • Mary Schapiro, the former head of the SEC, has found her way through the revolving door and into a job with Promontory Financial Group. The private consulting firm has a long list of former regulators on its roster. (POGO)
  • Five New York state politicians were arrested yesterday in a bizarre case of attempted bribery. State Senator Malcolm Smith, a Democrat, was arrested for allegedly conspiring to bribe Republican county chairmen to support a plan that would have Smith run for Mayor on the Republican ticket. Unfortunately for Smith and his alleged conspirators, the wealthy real estate developer bankrolling the plan was really an undercover FBI agent. (NPR, National Journal)
  • According to a new government report on Open Government Partnership compliance the U.S. acted on 24 of it's 26 initial commitments. One of the discarded commitments was ExpertNet, a government wide online community that would have allowed volunteer experts to give consultations. (Fierce Government)
  • President Obama has taken a different, and in some ways much more limited approach, to dealing with the press than previous presidents. While he holds more formal press conferences and one-on-one interviews, he rarely faces the press in uncontrollable situations. (Huffington Post)
  • Opinion: The Justice Department should do a better job of making its Office of Legal Counsel opinions publicly available. They currently withhold significant numbers of the documents and are fighting the Electronic Frontier Foundation over a request by the EFF for access to an OLC opinion on the FBI's authority to surveil American's without a warrant. (Washington Post)

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The Issue Groups Taking to TV So Far in 2013

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While it’s not at the volume of the Fall, our television screens are continuing to experience a case of “political ad fever.” From commercials about gun laws and tax rates to ads about alleged animal cruelty, issue groups took to the airwaves this winter. We reviewed the ad files in Political Ad Sleuth for the first three months of 2013 and mapped the trends among issue group advertisers in the nation’s top 50 media markets.

Sidebar: Don't let broadcasters shut down FCC political ad database over online ripoff

Broadcast TV stations in 32 media markets aired issue ads from at least 55 advertisers. The political ads were split pretty evenly between a local or national scope, covering 27 different topics. Three markets had a diverse selection of advertisers:
  • Washington, DC — 14 issue groups bought airtime, including four on the topic of gun control, three urging the Senate not to appoint Chuck Hagel and one supporting the U.S. postal service.
  • Milwaukee — 7, with issue ads around candidates for the city’s judge circuit race being the majority of the ones we found.
  • Los Angeles — 6, mostly centered on candidates in the LA mayoral race.
Watch the latest Political Money Weather report to learn about these issue ads or keep reading for more.

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2Day in #OpenGov 4/1/2013

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NEWS ROUNDUP:

  • For the second year in a row The Committee to Save New York, a group of business interests that work to support Governor Andrew Cuomo, spent more on lobbying in the state than any other organization. Overall lobbying in New York topped $200 million last year. (New York Times)
  • The FEC reports for Sarah Palin's PAC indicate that she spent only $300,000 supporting candidates in the 2012 election cycle while directing almost $5 million towards GOP consultants. Presumably those weren't the same "big consultants" that she lambasted at her speech to CPAC last month. (Washington Post, Daily Beast)
  • FCC commissioner Ajit Pai, who is about to become the senior Republican on the panel at the youthful age of 40, would like to use technology to improve agency processes and transparency. His major suggestion is a dashboard for information about license renewals, consumer complaints, merger reviews and more. (Federal Computer Week)
  • The creators of Ubuntu are working with the Chinese government on Chinese-specific version of the operating system. The Chinese may be pushing an open source alternative to wean their citizens off western software products. (Tech President)
  • Mark Zuckerberg's new issue advocacy organization is tapping outside lobbyists in addition to its in house team for a push on immigration reform. Zuckerberg signed up Peck, Madigan, Jones & Stewart as well as Fierce, Isakowitz & Blalock lobbyists that have experience on immigration. (POLITICO)
  • Congress might be on an Easter break, but that doesn't mean the influence industry ignores the holiday. The holiday, known in secular circles for the abundance of sweets that come along with it, has powerful backers like the National Confectioners Association which hired 20 lobbyists last year. (Public Integrity)

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The bigger the bank, the higher the complaint rate

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The bigger the bank, the higher the rate of consumer complaints. That is the general pattern of a new Sunlight Foundation analysis of just-released consumer complaint data from the Consumer Financial Protection Bureau (CFPB). The relationship is hardly surprising. The biggest banks consistently score the worst on surveys of customer satisfaction. The most recent survey found Bank of America with the lowest customer satisfaction rate. We find Bank of America to have the second highest rate of complaints, trailing only Capital One, a major issuer of credit cards. Capital One accounts for 21.3% (4,181 of 19,603) of credit card complaints in the CFPB data. size_and_complaints

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