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Category: Money in politics

Giving $ to Karl Rove: A terrible return-on-investment

Fiscal conservatives, listen up: If you invested money in a political campaign in this cycle, one of the WORST people to give it to was Karl Rove. His return-on-investment — i.e. achieving the desired electoral result: 1 percent. One. Percent. ….of the $103 miiiiiiiiiiiiiiiiiiilllion Rove’s American Crossroads super PAC rained on the various campaigns it […]

Six key takeaways from Tuesday’s election results

There truly is a demographic tidal wave sweeping over the nation, and Republicans ignore it at their own peril.

Does it really pay to spend more?

Millions of dollars are poured into tight Congressional campaigns in the hopes that more money, and in turn more advertising, will help candidates win elections. Although a few financial underdogs managed a win this election, overall the big spenders remained on top.

Here’s a breakdown of the most expensive campaigns and the top Senate and House spenders who won, or didn’t.

Another day, another $1.25 million in “independent” expenditures floods Connecticut’s U.S. Senate race

Yesterday the total spent by independent groups, supposely not affiliated with Connecticut’s US Senate candidates, was $8.5 million, according to the Federal Election Commission. Today that total is

It’s not just rich Republicans — unions also giving millions to SuperPACs

The vast majority of the media coverage of this year’s SuperPAC phenomenon has focused on conservative billionaires who’ve given millions to Republican-leaning or anti-Obama SuperPACs. But it’d be a mistake to forget about the multi-million dollar investment American unions have made in Democratic-leaning SuperPACs. The Sunlight Foundation, a nonpartisan group committed to transparency in government […]

Bad omen? Michelle Obama asks for money BEFORE debate

After the last presidential debate, President Obama sent out an online fundraising pitch. That’s standard operating practice these days — hit supporters up for cash right as their hitting political (emotional) climax right after a big event like a debate. But given Obama’s tepid performance in the first debate, we can’t help but wonder why […]

Wayne Winsley, Naugatuck’s long-odds challenger to US Rep. Rosa DeLauro, wins filing contest at FEC

Wayne A. Winsley, the 49-year-old private investigator and former radio personality in Bridgeport, Norwalk and Danbury, who is the Republican challenger to U.S. Rep. Rosa DeLauro, was the first of the

Full pool report of Obama’s SF bash with 6,000, including John Legend, Michael Franti (VIDEO)

Maybe Republican Mitt Romney, enjoying a post-debate bounce, is back on top of some of those national polls. But in San Francisco — the bluest of the blue strongholds — President Obama is always the big draw. And on Monday, thousands lined up outside the city’s venerable Bill Graham Civic Auditorium, waiting for hours in […]

Pool report: Obama in SF urges supporters to be “obsessive” in campaign’s final days

Here is the pool report from the first part of President Obama’s visit to San Francisco Monday. He spoke for eight minutes before the pool was ushered out and he took questions from those who paid $20,000 a person. UPDATE: National pool reporter Carol Lee of the Wall Street Journal reports: “One guest approached pool”…she […]
Categories: Money in politics

Canadian firm gives $1 million to Romney

A U.S. subsidiary of the giant Canadian insurance company Fairfax Holdings has donated $1 million to Restore Our Future, the “SuperPAC” boosting Mitt Romney’s presidential campaign. The donation by OdysseyRE has raised questions about whether the U.S. Supreme Court’s Citizens United ruling, which opened the floodgates to unlimited SuperPAC donations, applies to foreign-owned firms. Under […]