Clips Round-up for 6/1/11
Campaign Finance/Fair Elections
Judge asks for briefing on whether he should reconsider ruling on direct corporate contribution ban
The judge who last week overturned a ban on direct corporate contributions to candidates may be questioning that decision.
- More from WSJ: http://blogs.wsj.com/washwire/2011/05/31/a-change-of-mind-on-corporate-campaign-contributions/
Citizens United: the shareholders strike back
With Congress and the FEC unwilling to do their jobs on campaign finance, shareholder activism is now the new front in the battle over secret money in our elections.
Congress/2012
Rep. Vern Buchanan's former company violated law, FEC says
The FEC wants the a company formerly owned by Rep. Vern Buchanan (R-Fla.) to pay a fine for illegally reimbursing employees for donating to Buchanan's campaign. Money quote: The company's owner says it was a "directive" issues by Buchanan.
AT&T ramps up lobby for proposed T-Mobile merger
A look at the efforts by AT&T to get its merger approved - throwing around money trying to make friends. Public Campaign President Nick Nyhart: "When you are as big as AT&T, you try to make as many friends as you can get. Its strength is its size, and this is the approach by other big companies, not just in telecom.”
AT&T enriches lawmakers' pet charities
"AT&T has donated hundreds of thousands of dollars over the past several years to charities affiliated with top lawmakers — several of whom oversee telecom policy — as part of a broader effort by the company to win favor on Capitol Hill."
Green donors taking time to soul search
Wealthy environmental donors are trying to figure out what to do next.
GOP presidential candidates rush to secure big donors
"The rapidly shifting landscape in the GOP presidential race has set off a scramble for big donors among Mitt Romney and other established candidates, each of them rushing to secure high-dollar commitments in an attempt to fend off emerging rivals, according to senior campaign officials and fundraisers."
Tax "subsidies" at GE, Boeing, and FedEx targeted by Washington, D.C. group
A new report from Citizens for Tax Justice says that eleven big U.S. companies together reported $62 billion in domestic profits while paying a negative 3.6 percent federal tax rate.
Other
Watchdog merger, SEEC changes draw GOP fire
Consolidation of government watchdogs in Connecticut is not going over well.
Major campaign finance reform bills pass senate, move closer to final approval
The Nevada Senate has passed three campaign finance bills impacting the creation of PACs, increasing transparency, and increasing fines for violations.
A political revival for Ralph Reed
Jack Abramoff crony Ralph Reed has rehabilitated himself it seems after being brought down in his bid for Georgia lieutenant governor due to his ties to Abramoff.
- Just a reminder, here's a TV ad PCAF did in 2006 during that primary election: http://youtu.be/zO5rm1z4Smg
Transportation lobbyist raises money for transportation Secretary Ray Lahood's son
Interesting: "A veteran transportation lobbyist is hosting a fundraiser for Transportation Secretary Ray LaHood's son, a fledgling state senator from Illinois."