Cruz Has a Huge Vested Interest in Oil and Gas Industry

money-grabber

As a Republican from Texas, it should not come as a surprise to find out that Sen. Ted Cruz has huge investments in the oil and gas industry. But it should certainly be a concern that as much as 25% of his net worth is tied up in those investments, which gives him a clear vested interest in eliminating government regulation of those industries that might impede corporate profits, and therefore shareholder dividends and net worth. … [Read more...]

Koch Brothers Political Ads Highly Dishonest

PolitiFact has done an analysis of more than a dozen ads put out in various campaigns by Americans for Prosperity, the Koch brothers' third-party organization that spends tens of millions of dollars to influence elections all over the country. Surprise, surprise, they conclude that those ads are highly dishonest. … [Read more...]

Gov. Scott Walker Under Criminal Investigation

Well this is a very interesting development, but hardly surprising. Gov. Scott Walker of Wisconsin is under investigation for a "criminal scheme" to get around campaign finance laws by coordinating his campaign with third-party groups pouring dark money into his race. … [Read more...]

RGA Illegally Sends Adelson Money to Corbett

The Republican Governors Association illegally sent nearly a million dollars from casino magnate Sheldon Adelson to a PAC for Gov. Tom Corbett of Pennsylvania, who is floundering in his bid for reelection. It's illegal because Adelson is an owner in a casino in that state. … [Read more...]

Scott Brown’s Mysterious Corporate Benefactor

The Boston Globe has a fascinating article about Global Digital Solutions Inc. (GDSI), a mysterious company that named Scott Brown to their board of advisers last year and gave him more than a million dollars in stock options in the company. But the company doesn't actually seem to do anything. … [Read more...]

A Bigger Dinesh D’Souza Crime

Dinesh D'Souza pleaded guilty recently to charges that he violated federal campaign finance laws by having other people launder his donations to a Senate candidate. Now there's an even bigger instance of this same thing, a Utah businessman who says he gave $50,000 to others to donate to Sen. Mike Lee's campaign. … [Read more...]

Perkins Links Citizens United to Sudanese Barbarism

Tony Perkins had Sen. Pat Roberts of Kansas on his radio show this week and he made the absolutely bizarre argument that the death sentence of a Christian Sudanese woman is related to the Supreme Court's ruling in Citizens United. See if you can follow this logic: … [Read more...]

Chamber of Commerce Demands Immigration Reform

There are many divisions within the Republican party right now, but one of the biggest is the division between the pro-business types and those trying to appeal to their largely xenophobic, anti-immigrant base. The Chamber of Commerce seems to be throwing down the gauntlet on the issue. … [Read more...]

Adelson Spending Huge at State Level Too

Casino magnate Sheldon Adelson spent almost a hundred million dollars in the last presidential election, much of it to help Newt Gingrich, but he's now very busy funding politicians at the state level as well in order to achieve his goal of banning all online gambling in the United States. … [Read more...]

Abramoff: SCOTUS Doesn’t Understand How Money Corrupts

In the wake of the Supreme Court's latest blow to any limits on campaign financing in this country, convicted felon and former lobbyist Jack Abramoff says the justices are naive and do not understand how the influence of big money corrupts our political system. … [Read more...]

Public Opinion Matters Far Less Than Wealth

A new study confirms what anyone who has been paying attention has always known, that the views of wealthy people and powerful interest groups matters far more in influencing public policy than public opinion, even when voters are strongly in favor of a particular policy choice. … [Read more...]

How to Fix the Campaign Finance Problem

Unfortunately, it looks like the only way to fix the campaign finance problem that is preventing the solution to practically every other problem is to pass a constitutional amendment, something that is incredibly difficult to do. Lawrence Tribe has proposed this amendment: … [Read more...]


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