Campaign Financing

On Friday's NBC Today, co-host Matt Lauer noted Herman Cain leading the Republican presidential field but wondered: "is he really aiming for the Oval Office or something else?" In the report that followed, correspondent Michael Isikoff proclaimed: "Herman Cain is facing new questions about whether he is profiting from his own campaign." Isikoff reported: "Cain's campaign committee has used $…

While media gush and fawn over the Occupy Wall Street protests wondering how President Obama can take advantage of the sentiments being expressed, they're conveniently ignoring a crucial detail. As MSNBC's Joe Scarborough said on Tuesday's Morning Joe, "He got more money from Wall Street than any candidate in the history of U.S. politics" (video follows with transcript and commentary):

The Associated Press's seeming effort to go after every candidate except the guy who used to be governor of Massachusetts -- and imposed CO2 emission caps when he was -- went a different route tonight with a report by the wire service's Ryan J. Foley that Herman Cain, a believer in liberty and free-market capitalism, "has close ties" with the Koch brothers, who believe in liberty and free-…

Politico's "Daily Digest" is an email the blog blasts out in the morning, touting the day's top stories.  As a subscriber, this NewsBuster was struck by the left-friendly lean of five out this morning's six featured stories. To be sure, "Post-recession income falls" is not good for President Obama, reporting as it does that Americans' incomes have fallen faster during his presidency than…

On the Chicago Tribune's Web site today appears Breaking News with the headline "Corruption sentencing delayed for Rezko, fundraiser for Blagojevich."  Tony Rezko, convicted on corruption charges, did indeed raise money for former Gov. Rod Blagojevich (D-IL).  More significantly, however, he also raised many dollars for President Barack Obama in Obama's earlier political contests. From a…

So I figure that I need to catch up on the LightSquared saga. This is the company which, as Fox News reported on Thursday (the URL date is September 15, though the time stamp is the next day) is building "a nationwide, next-generation, 4G phone network." The problem is, as Fox further noted, that there are concerns that "many, including (General William) Shelton, think (the network) would…

Part 1 on the Associated Press's September 16 evening story ("Obama admin reworked Solyndra loan to favor donor"; saved here at my web host for future reference, fair use and discussion purposes) by Matthew Daly and Jack Gillum criticized the reporters and the wire service for making it appear as if all the findings in the story were the result of original work. Two other paragraphs in the…

The public learned on September 3 from William McQuillen at Bloomberg (possibly earlier elsewhere) that now-bankrupt Soyndra's private investors restructured the company's finances in January by lending the company "$75 million." As a condition of doing so, they convinced the government to give the new loan senior status over all other creditors. Now taxpayers face a likely loss of hundreds of…

The California solar company, Solyndra, heralded by the Obama administration as a prime example of how the Recovery Act created new jobs while promoting his vision of renewable energy, is closing their doors.  Just over a year ago, Obama himself spoke at the facility, praising it as “a testament to American ingenuity and dynamism.”  Once a beacon of solar light in the progressive green jobs…

Linda Greenhouse, former Supreme Court reporter for the New York Times, posted her twice-monthly column Wednesday evening, on the dangers of today’s conservative Supreme Court going “Over the Cliff” in defending...the right to free speech. You read that correctly: A liberal Times reporter is faulting a conservative Supreme Court for being on a "dangerous path" and showing "arid absolutism" by…

Yo, Rev Al: thanks to Al Gore, we've got the internets.  We can look things up.  So when, on your MSNBC show this evening, you ripped Republican Paul Ryan for holding a $15-a-head fundraiser, of course we're going to check out how much President Obama pulled in per head at a recent do.  Turns out it was . . . $38,500!  So what's your point? View video after the jump.

On the August 15 "Dylan Ratigan Show," MSNBC anchor Dylan Ratigan and the Washington Examiner's Tim Carney sparred over the extent to which Big Labor impacts the political process relative to other industries. Ratigan, who has made a career out of bemoaning the influence that the energy, banking, health care, defense, telecom, and agriculture sectors exert on politics, omitted organized labor…

It's no secret that most campaigns are heavily funded by big checks from lobbyists, PACs, and rich donors, but President Obama's campaign team is turning away from that assertion, instead showcasing the claim that it is 98-percent-funded by grassroots support. Jim Messina, Obama's campaign manager, said "we did this from the bottom up," pushing the idea that the $86 million fundraising figure…

The Federal Election Commission, which serves to govern the financing of federal elections, ended its second quarter for presidential fundraising on June 30. Of the Republican candidates who released their numbers, former Gov. Mitt Romney led the Republican presidential hopefuls with $18.3 million, trailed by Rep. Ron Paul with $4.5 million, former Gov. Tim Pawlenty with $4.2 million, and…