Extra Extra : Campaign Finance

S.C House Speaker's PAC channels hundreds of thousands of dollars to Republican Party

Keeping tabs on super PACs and super donors

"To keep tabs on super PACs, and as of today, super donors, The Center for Public Integrity has a project to "out" the shadowy political organizations that have flourished in the wake of the Citizens United ruling."

Consider the Source "provides narrative to behind the flow of money and how the election is influencing a flood of new spending." To see their latest donation/spending figures, click here.

Regardless of bailout, Gov. Perry has deep ties to one of TX’s largest banks

In his bid for the president, Governor Rick Perry has attacked the Troubled Asset Relief Program numerous times; calling it an “unprecedented assault on free markets.” However, The Dallas Morning News reports that the very bank Perry designated  for his campaign finances received more than $87 million in TARP money. That same bank, PlainsCapital, is ran by some of the largest and wealthiest Perry supporters in Texas.

The president of PlainsCapital Corp., the parent company, is James R. Huffines, a confidant of the governor.

Huffines, his three brothers and their father have contributed $467,000 to Perry campaigns, state records ...

Read more ...

Houston Constable’s office draws criminal investigation by DA

The 13 Undercover unit recently wrapped up a five part series that investigated the office of Victor Trevino, a Houston constable. Trevino’s office is now under a criminal investigation by the Harris County DA. Tips started appearing at the 13 Undercover office during early summer in the form of “anonymous letters.” The letters “appeared to be coming from someone inside the office of Precinct 6 Constable Victor Trevino.” The tips suggested that employees were being required to donate money to a charity that operated “out of Precinct 6 headquarters.”

After extensive reporting by 13 Undercover, the district attorney’s ...

Read more ...

Reports in AZ prove the ATF gun strategy a failure.

"Reporter Lori Jane Gliha and photographer Matt Anzur at KNXV-TV in Phoenix spent months digging into local ties to the controversial ATF "Fast and Furious" case that was run out of the Phoenix ATF office. After the ATF denied Gliha's Freedom of Information Act request for gun trace records, she began investigating the old fashioned way, by building sources. Those sources pointed her to local police department records and eventually, she was able to definitively link assault weapons allowed to "walk" as part of the government's strategy to crime scenes here in Arizona. Weapons were found after drug ...

Read more ...

For-profit colleges double spending on lobbying to fight regulations

John Lauerman and Jonathan D. Salant of Bloomberg News found that for-profit colleges, faced with new federal restrictions, more than doubled their lobbying spending, bringing in six former members of Congress to help make their case on Capitol Hill. Ten education companies and their trade association spent $3.8 million on lobbying in the first nine months of 2010, up from $1.5 million in the comparable period last year, according to reports filed with Congress.

St. Louis businessman has spent millions on Missouri campaigns

Joe Yerardi, of the Columbia (Mo.) Missourian, found that retired St. Louis businessman Rex Sinquefield has spent millions to bankroll numerous campaigns in Missouri in the past two years. "The donations, which total more than $13.3 million, are the result of Sinquefield's personal wealth, his ideological passions and Missouri's lax campaign finance laws, experts and politicians say." His donations have been bipartisan, though favoring Republican campaign committees nearly 3-to-1.

Outside groups give Republicans edge in election spending

Jonathan D. Salant of Bloomberg News found vulnerable House Democrats outraising their opponents, only to see outside groups making up the financial disparity. "Between Sept. 1 and Oct. 20, Republican-leaning outside groups that aren’t limited in the amount of money they are allowed to spend on candidates paid out $118 million, while those backing Democrats spent $45 million."