Tea Party Republicans
Submitted by Anne Landman on
A newly-published Gallup poll reveals "significant overlap" between supporters of the Tea Party and those who self-identify as conservative Republicans.
Submitted by Anne Landman on
A newly-published Gallup poll reveals "significant overlap" between supporters of the Tea Party and those who self-identify as conservative Republicans.
Submitted by Anne Landman on
The narrative the media is feeding the country this election season is that voters are enraged, and an anti-incumbent wave is sweeping across the country, striking terror in incumbents' hearts. But if that's really the case, then why were so many incumbents voted back into office in last Tuesday's election?
Submitted by Anne Landman on
The U.S Supreme Court has blocked (pdf) the state of Arizona from disbursing any public campaign matching funds until a constitutional challenge to Arizona's public campaign finance law is resolved. The news is extremely worrying for advocates of campaign finance reform.
Montana's law states, "A corporation may not make a contribution or expenditure in connection with a candidate or a political committee that supports or opposes a candidate or a political party." The law was passed in 1912 to curb the influence of the notorious mining interests, known as the "Copper Kings." Now, a right-wing, 501(c)(4) group based out of Colorado called Western Tradition Partnership, has teamed with the local Bozeman, Montana Champion Paint store to challenge the constitutionality of that law in the aftermath of the U.S. Supreme Court's decision in Citizens United. The suit was filed in the Helena District Court.
CMD Executive Director Lisa GravesAmerica's Future Now! -- the biggest progressive conference of the year organized by Campaign for America’s Future -- convenes June 7-9 in Washington, DC. Join Lisa Graves, Mary Bottari, and Dave Johnson from the Center for Media and Democracy as well as House Speaker Nancy Pelosi, Rep. Alan Grayson, Arianna Huffington, Markos Moulitsas, Van Jones, Gov. Howard Dean, Rep. Donna Edwards, Rep. Jan Schakowsky, Richard Trumka, Andy Stern, Bob Herbert, Juan Cole, Digby, Deepak Bhargava, James Rucker, Drew Westen, Katrina vanden Heuvel, Robert Kuttner, Lizz Winstead and thousands more.
Progressives must lead to make sure 2010 is not the year of the Tea Party. Jobs, financial reform, clean energy, clean elections, fair workplaces, civil liberties, health care and human rights are at all stake. Let's show Washington that progressives now how to fight!
When the Supreme Court handed down its decision in Citizens United, many people thought a flood of corporate funded, pro-industry political ads would hit the airwaves. Corporations, however, have hesitated in exercising their newly-announced freedom to spend unlimited amounts of money on political campaigns. Why would corporations pass on the opportunity to exert even more influence on the government? The answer seems to be fear of backlash: corporations may want to support campaigns against certain regulations, but not at the risk of antagonizing Congressmen, consumers, and employees. Instead of offering outright support for campaigns, it seems some corporations have funneled funds into political organizations. According to an article in the Washington Post, the Chamber of Commerce, American Crossroads, and American Action Network have pledged to raise $127 million for the upcoming election season.
Even though the bank reform bill working its way through Congress is far from perfect, there are some strong provisions well worth fighting for as the bill moves to a House-Senate conference committee.
Two recent articles illustrate the pros and cons of this behemoth bill. New York Times reporter Gretchen Morgenson, does a great job reminding us that the original Glass-Steagall legislation was only 34 pages long and it was key to keeping our financial system stable for 60 years. She points out that the two bills that the Senate and the House have now passed are a whopping 3,000 pages combined:
Yet despite all that verbiage, there are flaws in both bills that would let Wall Street continue devising financial black boxes that have the potential to go nuclear. And even if the best of both bills becomes law, investors, taxpayers and the economy will remain vulnerable to banking crises.
UPDATE ON THE BANKING FRONT: The only thing with teeth left in the Dodd financial reform bill -- provisions introduced by Arkansas Senator Blanche Lincoln that would force the biggest banks to spin off their swaps (or derivatives) desks into separate entities -- may be taken out without even getting a vote. It may be stripped out via a Dodd "manager's amendment," which is being created privately in negotiations with Senators. A manager's amendment is a package of numerous individual amendments agreed to by both sides in advance.
Right now is an important moment to call Senator Lincoln's office and tell her to defend her original language to end federal and taxpayer backing for reckless Wall Street gambling. You can reach her office at (202) 224-4843.
Submitted by Lisa Graves on
Submitted by Anne Landman on
Republicans, who have long denounced government spending and employed the rallying cry of "too much government intervention" to stir up public anger against the federal government, are changing their tune in the wake of the Deepwater Horizon oil spill disaster.
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