As Election Day approaches, two major dark money organizations have been maintaining their aggressive pace of anonymously funded election spending.... View Article
Continue readingTag Archive: Uncategorized
Is Congress Serious About Transparency? Looking at Progress in the 112th Congress.
The Advisory Committee on Transparency will host an event on legislative transparency on Monday, October 1 at 2:00 pm in... View Article
Continue reading2Day in #OpenGov 9/25/2012
NEWS ROUNDUP: Government Changing environment at the Chamber: Sen. James Inhofe (R-OK), ranking member of the Environment and Public Affairs Committee,... View Article
Continue readingSens. Warner, Portman Reintroduce DATA Act
Before the Senate recessed on Friday, Senators Warner and Portman reintroduced the DATA Act, which would transform how the federal... View Article
Continue reading2Day in #OpenGov 9/24/2012
NEWS ROUNDUP: Government DoJ issues transparent guidance: New FOIA guidance issued by the Department of Justice should make the process more... View Article
Continue readingGovernor gets hacked, Politwoops gets it all on record
No one is immune from Internet predators looking to hack private accounts and have lots of fun at the account... View Article
Continue reading2Day in #OpenGov 9/21/2012
NEWS ROUNDUP: Government Federal FOIA response is a mixed bag: 9 out of 99 federal agencies subject to FOIA earned top... View Article
Continue reading2Day in #OpenGov 9/20/2012
NEWS ROUNDUP: Government CIO Council responds: The CIO Council embraced principles outlined in the federal digital government strategy when they... View Article
Continue readingFederal candidates depend on financial sector more than any other for campaign money
Candidates running for federal office are two-thirds more dependent on donors from the finance, insurance and real estate (FIRE) sector for campaign contributions than any other sector. Through the second quarter of 2012, federal candidates have relied on the sector for 15.2% of their itemized (over $200 contributions), solidly ahead of their dependence on the next closest competitors -- health interests (at 8.9%) and lawyers and lobbyists (at 8.8%). This is not a new phenomenon. In each of the last seven election cycles, federal candidates have depended on the finance sector for between 15% and 17% of their contributions at the same point in the cycle. But with tax reform being high on the agenda no matter who is elected and the finance sector eager to continue to shape the implementation of Wall Street reform, the contributions are as important as ever. What is different this cycle is that FIRE contributions are solidly supporting Republicans for the first time since 2000. Through the second quarter of 2012, 54.8% of finance industry contributions to federal candidates went to Republicans, up dramatically from 44.3% in 2010 (even after the passage of Dodd-Frank) and 42.2% in 2008. This shift has taken place in the House, the Senate, and as most frequently reported, the presidential race. In the battle to be president, our calculations show that 58.6% of all financial sector itemized campaign donations going to Republican candidates, up from 38.6% in 2008. To be clear, this total only includes money directly to candidates. If we looked at super PACs, finance money would be titled even more Republican. Through the second quarter, we calculate that Mitt Romney’s Restore Our Future super PAC depended on the finance sector for 43% of its money, and 75% of the finance money was coming directly from the securities and investment sub-sector (aka Wall Street). No other sector of the economy even came close in helping to “Restore Our Future.”
Continue readingUnfree the press?
Maybe the scariest thing about the horror sweeping the Middle East — and now, south Asia — is the more-than... View Article
Continue reading