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Clips for June 3, 2011

Submitted by Adam Smith on Fri, 06/03/2011 - 13:43

Campaign Finance/Fair Elections
Transparency efforts by corporations undermine Chamber's anti-disclosure stance
http://tpmmuckraker.talkingpointsmemo.com/2011/06/transparency_efforts_by_corporations_undermine_chambers_anti-disclosure_stance.php
"But many of the companies affiliated with the Chamber have extolled the values of disclosure and already publicly reveal their donations voluntarily."

Reports: John Edwards facing indictment today
http://tpmmuckraker.talkingpointsmemo.com/2011/06/reports_john_edwards_facing_indictment_today.php
Annnnddd...looks like we'll see an Edwards indictment today.

About that precedent
http://www.nytimes.com/2011/06/03/opinion/03fri2.html
The NYT editorializes on the Virginia judge's decision to revisit his decision to allow direct corporate contributions to candidates. "A re-do is clearly called for."

Congress/2012
Mitch McConnell slams EPA during speech to coal group
http://www.huffingtonpost.com/2011/06/02/mcconnell-epa-coal_n_870332.html
McConnell talked some smack about the EPA at a a coal industry event. This article notes that McConnell has received big bucks from coal over the years

The bank lobby steps up its attack on Elizabeth Warren
http://www.thenation.com/article/161069/bank-lobby-steps-its-attack-elizabeth-warren
Great piece from Ari Berman on Wall Street's attack on Elizabeth Warren and the campaign cash involved. 

Obama campaign revs up money machine
http://thecaucus.blogs.nytimes.com/2011/06/02/obama-campaign-revs-up-money-machine
The Obama campaign is hoping to raise $60 million by the end of the second quarter. 
- And that'll include a fundraiser at the Broadway production of Sister Act! 

Hensarling fundraises off government contractors
http://publicampaign.org/blog/2011/06/02/hensarling-fundraises-government-contractors
Rep. Hensarling, opponent of the govt contractor transparency, held a fundraiser with gov't contractors yesterday. Me: "I wonder if Hensarling discussed his concern about the influence of money in our political process with the government contractor lobbyists handing him money this morning."

Vern Buchanan's former employees named among those donations were refunded
http://www.heraldtribune.com/article/20110602/ARTICLE/110609894/-1/sports?Title=Buchanan-refunds-include-former-employee-who-complained
Vern Buchanan, who swears he had nothing to do with his former company getting fined by the FEC, has returned some donations to employees of the company.

Haley Barbour's oil industry ties
http://campaignmoney.org/blog/2011/06/02/haley-barbours-oil-industry-ties
Gov. Haley Barbour complained in a hearing that Democrats were just demagoguing on oil subsidies. From his election, PAC, and RGA presidency, he's helped raise millions in cash from the industry.

Donal Trump out of race, but not his money
http://www.politico.com/news/stories/0611/56142.html
"Trump continues to toy with the 2012 spotlight, but there’s a less visible role in which he stands to make a serious impact: as a major donor to candidates at all levels."

Questions for Palin
http://thehill.com/opinion/columnists/karen-finney/164521-questions-for-palin
Karen Finney writes about the legal and ethics problems of Palin's PAC-sponsored vacation

Bauer leaving, Ruemmler in as White House counsel
http://www.forbes.com/feeds/ap/2011/06/02/general-us-white-house-counsel_8497262.html
White House Counsel Bob Bauer is leaving to be Obama's lawyer on the campaign

Other
Tenn. opens door to corporate political donations
http://www.forbes.com/feeds/ap/2011/06/02/business-us-corporate-contributions-tennessee_8497195.html
Gov. Bill Haslam signed a bill into law in Tennessee that will allow direct corporate contributions to candidates. A victory for all those down-trodden corporations.

Bill would allow Maine gubernatorial hopefuls to raise more cash
http://bangordailynews.com/2011/06/02/politics/bill-would-allow-maine-gubernatorial-hopefuls-to-raise-more-cash/
"A Republican-backed proposal introduced this week would allow Mainers to write bigger checks to their favorite candidates for governor."

Texas senator seeks veto of his own ethics amendment
http://www.statesman.com/news/texas-politics/texas-senator-seeks-veto-of-his-own-ethics-1515625.html
A Texas Senator realizes that his amendment to an ethics bill was a poorly written over-reach and should be vetoed. 

Blagojevich, on stand, replies "yes," he's a liar
http://www.nytimes.com/2011/06/03/us/politics/03blago.html
LOL, Blagojevich.

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