super PACs

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Ken "Insufficient Influence" Griffin Gives $100k to Romney Super PAC

Just weeks before billionaire hedge fund manager Ken Griffin said in an interview that the wealthy have “insufficient influence” in our political process,” he wrote a check for $100,000 to the Romney-aligned “Restore Our Future” super PAC, according to filings with the Federal Election Commission.

Congressman Sarbanes op-ed in the Huffington Post

Congressman John Sarbanes (D-Md.), a strong supporter of the Fair Elections Now Act  and a co-chair of the House Democratic Task Force on Fair Governance, wrote this

Super (PAC) Tuesday

Ahead of today's "Super Tuesday" Republican primaries, super PAC spending (not surprisingly) has been huge. Restore Our Future, a super PAC backing Mitt Romney, has paced the field by shelling out $6.2 million in the 10 Super Tuesday states.

Politicians Shouldn't Be For Sale!

In a piece titled, “A Better Way to Buy Politicians,” Lindsay Mark Lewis writes in today’s New York Times that the best way to deal with super PACs is to just get rid of the limits that people can give to parties passed under the McCain-Feingold Act. Strengthening the parties in this way, Lewis argues that “would reintroduce accountability to the system, the lack of which is what makes super PACs so pernicious.”

Mike Enzi and Conflicts of Interest

Sen. Mike Enzi (R-Wyo.) sent a letter to President Obama raising questions about the possible conflict of interest coming from the decision to allow cabinet secretaries like Kathleen Sebelius to appear at events held by the Obama-aligned super PAC and attended by the committee’s big donors.

His concerns are legitimate--but he does the same kind of thing every single day.

Here’s just one example.

Mitt's Big NYC Fundraiser

Politico reports on a massive fundraiser Mitt Romney is having in New York City later this month, co-chaired and co-hosted by any number of Wall Street titans and wealthy New Yorkers, including at least six who have also donated to Romney’s “unaffiliated” super PAC, Restore Our Future.

Eight Votes

Eight votes. That’s the big story coming out of Iowa from last night’s caucuses.