Clips Round-up for 12/27/12
Campaign Finance/Fair Elections
Harvard Law School Forum: Corporate Campaign Contributions and Abnormal Stock Returns after Presidential Elections
New research asserting that corporate contributions assist rent-seeking by corporations: “We find that (i) total contributions given to the winner in a presidential election and (ii) a company’s total contribution (divided by market capitalization) were both positively and significantly related to its stock market performance in the two years after an election."
Congress/2012
Politico: 2012 in review: Money & politics beats
Ken Vogel and Alexander Burns have a year-in-review discussion of money in politics and the 2012 election. Vogel calls the shift in power from candidates and parties to super PACs and other outside spending groups the biggest money in politics story of 2012.
Sunlight Foundation: Which candidates spent the most per voter in 2012?
Astoundingly, the campaigns of both Michele Bachmann and Allen West spent over $100 per voter in 2012. Sunlight has a chart of the 20 biggest congressional spenders of the election.
The Hill: The Most Expensive House and Senate Races of 2012
Kyle Trygstad takes a look at the five most expensive Senate and House races from the past year, along with a little commentary about each race.
Other/States
Sarasota Herald-Tribune: Three-step election reform
Florida Governor Rick Scott seems to have had a change of heart: "We need to have bipartisan legislation that deals with three issues. One, the length of our ballot. Two, we've got to allow our supervisors more flexibility in the size of their polling locations and, three, the number of days we have. We've got to look back at the number of days of early voting we had."
Baltimore Sun: Panel urges sweeping campaign finance changes
“A panel established by the General Assembly to recommend changes to Maryland's campaign finance laws is urging lawmakers to adopt sweeping reforms to ensure the public knows where election money is coming from and how it is being use to influence their votes.” In addition to advocating disclosure, the Maryland commission recommended raising contribution limits, which have not been adjusted for inflation in 21 years.