Tag Archives: Campaign Finance

Romney Will Release 2010 Tax Returns and What to Look For…..

More fun on the way….

He really doesn’t want to do this, but after South Carolina, he really doesn’t have much choice….

A few thoughts/lookouts here:

  1. He is only releasing last year and an estimate of this year.  It takes more than one year to really get a picture of his true financial life.
  2. Look for Cayman Islands bank accounts/investments funds.  If they they are there; who are his partners?  Follow the money…
  3. Look at how much he contributes to charities and what charities he supports.  This could cause some questions…
  4. Look at his overall wealth and tax rate.  This is probably going to be the first bomb to go off, but the others could be bigger….
  5. Who know what else?

The fun continues!

From The Huffington Post:

Bending, halfway, to political pressures, Mitt Romney pledged on Sunday to release his most recent year of tax returns this coming week as well as an estimate for his upcoming filings.

In an interview on “Fox News Sunday,” the former Massachusetts governor said his campaign would be putting out tax information for 2010 and projections for 2011 on Tuesday.

More:   Romney Will Release 2010 Tax Returns And 2011 Estimates On Tuesday.

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Outside Groups Eclipsing G.O.P. As Hub of Campaigns – NYTimes.com

More fallout from the Citizens United Supreme Court decision that allowed unlimited Corporate money to flow into Campaigns.

Now the Corporations and their billionaire leaders can simply buy candidates and campaigns outright instead of having to use the political parties as a middle man.

And they don’t have to deal with all those messy campaign finance regulations the Political Parties have to deal with…..

Karl Rove and this merry Band of Billionaires are already planning how to put their agenda into play next year.

This is going to be nasty.  It’s going to be a campaign season like we’ve never seen before with all this unlimited Corporate Cash spreading lies, disinformation and propaganda from the Presidential Campaign level (the Koch brothers and their Astroturf candidate Herman Cain) all the way down to the School Board races (See Art Pope in NC).

I’m really not sure our Democracy can survive this…..

I think it may be too late- the Corporate Coup d’etat may have already happened and we are just now realizing it….

From today’s New York Times:

At a time when the Republican National Committee remains weighed down by debt, outside conservative groups, freed from contribution limits by the Supreme Court’s Citizens United decision last year, are playing an ever larger role and operating in an increasingly coordinated fashion. In the coming months, the conservative groups will consult among themselves as they open pre-election advertising barrages against Mr. Obama and Congressional Democrats.

They have begun conversations about how to divide up the swing states where each group is likely to focus its energies, with some like Americans for Prosperity expecting to shift chiefly to Senate races and the White House. Others, like the new Congressional Leadership Fund, will look to preserve the Republican hold on the House.

Groups that have made defeating Mr. Obama their top priority expect to invest heavily in some of the new swing states where Mr. Obama made inroads in 2008, like Colorado, Nevada and New Mexico. Other groups, operating in concert, will target Democratic senators they believe are ripe for unseating, like Bill Nelson of Florida, Claire McCaskill of Missouri and Sherrod Brown of Ohio.

At a time when the Republican presidential primary race has featured increasingly tough stances against illegal immigration, the independent groups have begun an aggressive program of outreach to Hispanics, hoping to offset Democratic gains among a critical voting bloc.

And they are planning to coordinate offensives in states like North Carolina and Pennsylvania, where money and organizing could pay dividends simultaneously in the presidential, Congressional and local legislative races.

via Outside Groups Eclipsing G.O.P. As Hub of Campaigns – NYTimes.com.

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Secret Donors Multiply in U.S. Election Spending – Bloomberg

People laughed at Hillary Clinton when she talked about the “Vast Right-Wing Conspiracy” all those years ago….

Little did we know how right she was…..

Commission on Hope and four other Republican-leaning groups spent at least $4.05 million attacking candidates in the run-up to the November voting, according to Campaign Media estimates and TV station records obtained by Bloomberg News. None of that spending can be found searching the public database of the Federal Election Commission, and FEC spokeswoman Mary Brandenberger said the commission has no record of it.

Federal law requires FEC disclosure of money spent on ads mentioning or depicting a candidate in the 60 days before a general election. The five groups whose spending wasn’t reported either declined to comment, were unreachable, or said they deemed the spending not reportable under the law.

via Secret Donors Multiply in U.S. Election Spending – Bloomberg.

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