Mitt Romney has raised nearly $3.5 million for his political action committee in the first half of the year, a sum that dwarfs that of other possible 2012 Republican presidential candidates and establishes the former Massachusetts governor as a potent political force.
August 24, 2010
Sarah Palin’s war chest points to 2012 presidential bid
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Newly published election spending figures show Sarah Palin ended the last quarter with a war chest of more than $1m, suggesting gathering momentum for a run at the White House in 2012.
Her political action committee, a body for raising and distributing election cash, raised $866,000 in the three months from April 1, the most since it was formed in January 2009. She spent about $742,000 over the quarter, most of it on building up her political profile and base support.
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August 2, 2010
Obama calls for limits on corporate campaign money
Warning of a potential “corporate takeover of our elections,” President Barack Obama increased pressure on Congress on Saturday to pass reforms to limit companies’ ability to influence political campaigns.
March 1, 2010
President starts fundraising drive in western states
Barack Obama last night headed election fundraising events in two western states that played an important role in his 2008 election victory in what many see as his first attempt to shore up support for his re-election campaign in 2012.
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Party Gridlock in Washington Feeds Fear of a Debt Crisis
Senator Evan Bayh’s comments this week about a dysfunctional Congress reflected a complaint being directed at Washington with increasing frequency, and there is broad agreement among critics about Exhibit A: The unwillingness of the two parties to compromise to control a national debt that is rising to dangerous heights.
Yet rarely has the political system seemed more polarized and less able to solve big problems that involve trust, tough choices and little short-term gain. The main urgency for both parties seems to be about pinning blame on the other, before November’s elections, for deficits now averaging $1 trillion a year, the largest since World War II relative to the size of the economy.
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- C. Clinton Sidle: Let’s Call It As It Is: People Are Being Just Plain Selfish. (huffingtonpost.com)
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February 7, 2010
Really Big Money Politics
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Supreme court opens political money flood gates.
NYT: Really Big Money Politics
And you thought 2008 was a big money election.
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- A Flood of Cash — Or A Trickle? (talkingpointsmemo.com)
- US court lifts campaign funds cap (news.bbc.co.uk)
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