The Washington Post published a front page story on Wednesday looking at the plummeting tax rates paid by the 30 firms represented in the Dow Jones Industrial Average, providing a microcosm of the rampant tax avoidance by corporate America.
New York Gov. Andrew Cuomo spoke on a telephone town hall last night with about 1,350 grassroots activists, signaling his strong support for campaign finance reform, saying "Campaign finance is a way to tell the people of this state and this country: It's your government. You own it. Literally." The Governor called campaign finance reform “one of the most important issues to complete” in the rest of New York’s legislative session this year.
Sorry, voters, can't talk--we've got fundraising to do. NYT: "Instead, betting that they can raise and spend far more on their own, Mr. Obama and Mr. Romney are committing to ambitious fund-raising schedules that are eating into valuable campaign time, tangling their travel schedules and complicating their efforts to woo voters."
Democrat and Chronicle: Legislature shifts focus to reforms
With the budget and redistricting done, the New York legislature will move on to something else. "But the governor did say Friday that he would push for a change in the state’s campaign-finance system, which good-government groups say allows wealthy donors to have too much influence on the electoral process."
The Senate Rules Committee will hold a hearing today on the 2012 DISCLOSE Act. In case certain members complain about the bill, we've provided a handy fact sheet of the love they used to have for transparency.
The Senate Rules Committee will hold a hearing on the DISCLOSE Act Thursday, featuring Democracy 21's Fred Wertheimer, Professor Rick Hasen, and David Keating from the "first amendment group" the Center for Competitive Politics.
U.S. Sen. Jim Inhofe (R-Okla.) once called global warming "the greatest hoax ever perpetrated on the American people." "The Greatest Hoax" is also the title of his new book, which he was promoting on Rachel Maddow's show last night.
As reported by Raw Story, Inhofe "said Thursday night that environmentalists spent far more money lobbying than the energy industry."
Start your week off by reading this article from The Onion: "according to Capitol Hill sources, Rep. Bobby Schilling (R-IL) came to the painful realization this week that agribusiness lobbyist Stephen Fischer, who had been kind and generous toward him for months and had often met up with him for drinks after work, was not, in fact, his friend."
Two things - We've been adding lots of videos and other content to our #OccupyDemocracy site. Check it out http://www.occupydemocracy.org/.
Second - 1994 Mitt Romney agreed with us - money plays too big a role in our political system. But 2011 Mitt " Corporations are People" Romney, with a "not coordinated" super PAC, thinks differently. Tell 2011 Mitt Romney: Stand with 1994 Mitt Romney! http://action.endthemoneychase.com/1994romney
Campaign Finance/Fair Elections