Holding Politicians Accountable

Posts tagged campaign cash

4 notes

The jockeying for 2016 money is like The Bachelor for rich old people

But do the donors hand their preferred candidates a rose?

"As the sun set over Central Park on Monday night, a parade of black town cars arrived at 834 Fifth Avenue, depositing well-heeled Republican donors in front of the Upper East Side apartment of Jets owner Woody Johnson. 

…..

"A fleet of Chevy Suburbans, equipped with flashing lights and crewed by tense suit-and-earpiece-clad state troopers, stood guard at 64th Street to protect some People Who Would Be President. From 6pm to 6:30, a passel of 2016 hopefuls promenaded into the building to attend the event—a major fundraiser for the Republican National Committee.”

Filed under 2016 campaign cash

4 notes

You don’t feel dirty when you’re soliciting money for a university and you do when you’re soliciting money for a political campaign.
Former US Sen. Bob Kerrey (D-Neb.), who previously served as president of The New School in New York, in this Politico story on some politicians choosing academia after their time in Congress is over. 

Filed under campaign cash fundraising politics Congress

13 notes

VIa Mother Jones:

The growing fracking industry is “yielding gushers” of campaign donations for congressional candidates—particularly Republicans from districts with fracking activity—according to a new report from the watchdog group Citizens for Responsibility and Ethics in Washington.
The report, “Natural Cash: How the Fracking Industry Fuels Congress,” examines a period spanning from 2004 to 2012. In that time, CREW finds, contributions from companies that operate hydraulic fracturing wells and fracking-related industry groups rose 180 percent, from $4.3 million nine years ago to about $12 million in the last election cycle.

VIa Mother Jones:

The growing fracking industry is “yielding gushers” of campaign donations for congressional candidates—particularly Republicans from districts with fracking activity—according to a new report from the watchdog group Citizens for Responsibility and Ethics in Washington.

The report, “Natural Cash: How the Fracking Industry Fuels Congress,” examines a period spanning from 2004 to 2012. In that time, CREW finds, contributions from companies that operate hydraulic fracturing wells and fracking-related industry groups rose 180 percent, from $4.3 million nine years ago to about $12 million in the last election cycle.

Filed under fracking environment campaign cash

10 notes

“The digital currency Bitcoin is perhaps best known for its use in buying illegal drugs from online stores like the now-defunct Silk Road. An upcoming Federal Election Commission ruling will expand what you can buy with bitcoins into a strictly legal realm: purchasing politicians.
"The FEC is set to approve an advisory opinion this week allowing federal political campaigns to accept contributions in bitcoins. The agency will treat bitcoins the same way it treats donations of stock, as an in-kind gift worth the amount at which it was valued at the time of contribution.”
(Huffington Post)

The digital currency Bitcoin is perhaps best known for its use in buying illegal drugs from online stores like the now-defunct Silk Road. An upcoming Federal Election Commission ruling will expand what you can buy with bitcoins into a strictly legal realm: purchasing politicians.

"The FEC is set to approve an advisory opinion this week allowing federal political campaigns to accept contributions in bitcoins. The agency will treat bitcoins the same way it treats donations of stock, as an in-kind gift worth the amount at which it was valued at the time of contribution.”

(Huffington Post)

Filed under bitcoin congress campaign cash

3 notes

The Sunlight Foundation on the farm bill passed Monday night in the U.S. Senate:

As senators cast their votes today on the 1,139-page, $955 billion farm bill, the unseen backdrop is the more than $26 million in campaign cash that agribusiness has pumped into their political campaigns. All but two members of the current Senate have received money from these donors who represent every possible agriculture concern, from sugar growers to dairy farmers to chemical manufacturers and more.

The Sunlight Foundation on the farm bill passed Monday night in the U.S. Senate:

As senators cast their votes today on the 1,139-page, $955 billion farm bill, the unseen backdrop is the more than $26 million in campaign cash that agribusiness has pumped into their political campaigns. All but two members of the current Senate have received money from these donors who represent every possible agriculture concern, from sugar growers to dairy farmers to chemical manufacturers and more.

Filed under farm bill big ag campaign cash

6 notes

Republican fundraisers say the changing views of gay marriage in their party could unlock big money from GOP donors in places like New York, California and Florida — where some Republicans have kept their checkbooks closed over what they saw as misplaced priorities, at best, or intolerance, at worst, at the highest ranks of the party.
Politico, “Republicans See Cash Opportunity in Gay Marriage Shift.”

Filed under LGBT marriage equality campaign cash politics