Your daily dose of news and tidbits from the world of money in politics:
FEC NO LONGER ENFORCING ELECTION LAW?: Following an August story on OpenSecrets Blog chronicling organizations skirting Federal Election Commission disclosure laws, the Campaign Legal Center and Democracy 21 sent a letter to the FEC begging one question: Who is enforcing FEC law if the FEC isn�t?
The letter focuses on contention over �reasonable interpretation� of what constitutes �express advocacy� in the context of a statement by the FEC that an advertisement urging the public �help� a candidate is not express advocacy, since it does not directly tell the public to �vote for� a candidate.
While the letter cites OpenSecrets.org data, the Center for Responsive Politics remains neutral on the issue.
The groups are seeking clarification and a legal explanation, given that advertisements not demonstrating express advocacy are not subject to laws requiring public disclosure of advertising funding.
Meanwhile, a new report by non-profit advocacy group Public Citizen delves deeper into campaign finance information disclosure in the wake of the January Citizens United v. Federal Election Commission Supreme Court ruling. The report contends that the identities of the people and organizations behind political advertisements are becoming less clear, particularly among �Republican-oriented� groups.
The report shows the percentage of groups reporting donors decreasing from 98 percent and 97 percent in 2004 and 2006, respectively, to 49 percent in 2008 and only 32 percent thus far in the 2010 election cycle.
�The Supreme Court has unleashed a flood of new corporate spending on election ads and the public can�t even tell who is behind a given ad,� explained David Arkush, director of Public Citizen�s Congress Watch division, in a Wall Street Journal article.
LADY GAGA AND HARRY REID TEAM UP: What do Lady Gaga and U.S. Sen. Harry Reid (D-Nev.) have in common? Hint: not fashion sense. Still, the pair teamed up earlier this week via Twitter to voice support for the repeal of the military�s �Don�t Ask, Don�t Tell� policy for gay service members.
Reid began the correspondence with a tweet saying �@ladygaga There is a vote on #DADT next week. Anyone qualified to serve this country should be allowed to do so.� The pop star responded by writing �God Bless and Thank you @HarryReid, from all of us, like u, who believe in equality and the dream of this country. We were #BORNTHISWAY.�
While there is no record of Gaga herself making campaign contributions to Reid, the senator has done well fund-raising with her colleagues in the television, movies and music industry, who have donated $436,250 to Reid during the 2010 election cycle.
From 2009-2010, Reid is second to only U.S. Sen. Charles Schumer (D-N.Y.) in campaign contributions from people and political action committees associated with this industry.
BLOOMBERG�S PERSONAL CAMPAIGN CONTRIBUTION RECORD BROKEN: New York City Mayor Michael Bloomberg may be notable for massive contributions to his own campaigns, but this billionaire media mogul-turned-politico�s record for the largest personal campaign contribution in U.S. history has been shattered by California gubernatorial candidate Meg Whitman, a Republican.
The San Francisco Chronicle reported another $15 million donation Tuesday, bringing Whitman�s total personal contributions for the 2010 governor�s race to $119 million. A recent Rasmussen poll shows Whitman, former chief executive officer of eBay, slightly ahead of Democratic challenger Jerry Brown, the state�s former governor and current attorney general.
Bloomberg set the former record of $108 million in personal contributions in his mayoral re-election bid last year, when he spent about $185 per vote, as OpenSecrets Blog previously reported.
Have a news tip or link to pass along? We want to hear from you! E-mail us at press@crp.org.
Progressive groups have made Sen. Russ Feingold's difficult re-election bid a top priority, raising more than $600K for the Wisconsin Democrat in the last four days.
MoveOn.org, the liberal blog FireDogLake.com and Democracy For America are behind the fundraising, which will be funneled directly to Feingold's war chest. Feingold is currently locked in a tight race against businessman Ron Johnson (R).
Feingold has always been something of a hero to the left because of his strong stance on campaign finance reform, among other issues.
"These numbers show that -- despite claims of an enthusiasm gap -- progressives are stepping up in a big way for leaders like Russ Feingold," said Ilyse Hogue, MoveOn.org's communications director. "Our members give what they can -- $10, $20 at a time -- because we recognize what's at stake: Without these heroes beating back the agenda of multinational corporations and their Republicans cronies, we're never going to get an economy that works for the middle class and American jobs here at home."
Feingold needs the money. He has $3M in his campaign account, but Johnson has been raising money at a fast clip and has shown he is willing to dip into his own personal fortune.
The fundraising for Feingold is ongoing, so the donations are still coming in. MoveOn.org has raised $485K in 24 hours, while FireDogLake has raised at least $30K and Democracy For America has brought in about $120K.
Johnson looked to be a longshot when he entered the race and has taken Feingold by surprise. And Feingold has good reason to be worried; he has trailed Johnson in the most recent polling.
See Also: Ron Johnson's Path To Victory
Russ Feingold's Path To Victory
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T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
<b>News</b> Roundup: 'Lost' Producers Working on Fairy Tale Series, CBS <b>...</b>
Former 'Lost' executive producers Edward Kitsis and Adam Horowitz are teaming up for a new fairy tale series. Sound cool? It gets better. According t.
Steam Borderlands buyers get DNF demo PC <b>News</b> - Page 1 | Eurogamer.net
Read our PC news of Steam Borderlands buyers get DNF demo.
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Your daily dose of news and tidbits from the world of money in politics:
FEC NO LONGER ENFORCING ELECTION LAW?: Following an August story on OpenSecrets Blog chronicling organizations skirting Federal Election Commission disclosure laws, the Campaign Legal Center and Democracy 21 sent a letter to the FEC begging one question: Who is enforcing FEC law if the FEC isn�t?
The letter focuses on contention over �reasonable interpretation� of what constitutes �express advocacy� in the context of a statement by the FEC that an advertisement urging the public �help� a candidate is not express advocacy, since it does not directly tell the public to �vote for� a candidate.
While the letter cites OpenSecrets.org data, the Center for Responsive Politics remains neutral on the issue.
The groups are seeking clarification and a legal explanation, given that advertisements not demonstrating express advocacy are not subject to laws requiring public disclosure of advertising funding.
Meanwhile, a new report by non-profit advocacy group Public Citizen delves deeper into campaign finance information disclosure in the wake of the January Citizens United v. Federal Election Commission Supreme Court ruling. The report contends that the identities of the people and organizations behind political advertisements are becoming less clear, particularly among �Republican-oriented� groups.
The report shows the percentage of groups reporting donors decreasing from 98 percent and 97 percent in 2004 and 2006, respectively, to 49 percent in 2008 and only 32 percent thus far in the 2010 election cycle.
�The Supreme Court has unleashed a flood of new corporate spending on election ads and the public can�t even tell who is behind a given ad,� explained David Arkush, director of Public Citizen�s Congress Watch division, in a Wall Street Journal article.
LADY GAGA AND HARRY REID TEAM UP: What do Lady Gaga and U.S. Sen. Harry Reid (D-Nev.) have in common? Hint: not fashion sense. Still, the pair teamed up earlier this week via Twitter to voice support for the repeal of the military�s �Don�t Ask, Don�t Tell� policy for gay service members.
Reid began the correspondence with a tweet saying �@ladygaga There is a vote on #DADT next week. Anyone qualified to serve this country should be allowed to do so.� The pop star responded by writing �God Bless and Thank you @HarryReid, from all of us, like u, who believe in equality and the dream of this country. We were #BORNTHISWAY.�
While there is no record of Gaga herself making campaign contributions to Reid, the senator has done well fund-raising with her colleagues in the television, movies and music industry, who have donated $436,250 to Reid during the 2010 election cycle.
From 2009-2010, Reid is second to only U.S. Sen. Charles Schumer (D-N.Y.) in campaign contributions from people and political action committees associated with this industry.
BLOOMBERG�S PERSONAL CAMPAIGN CONTRIBUTION RECORD BROKEN: New York City Mayor Michael Bloomberg may be notable for massive contributions to his own campaigns, but this billionaire media mogul-turned-politico�s record for the largest personal campaign contribution in U.S. history has been shattered by California gubernatorial candidate Meg Whitman, a Republican.
The San Francisco Chronicle reported another $15 million donation Tuesday, bringing Whitman�s total personal contributions for the 2010 governor�s race to $119 million. A recent Rasmussen poll shows Whitman, former chief executive officer of eBay, slightly ahead of Democratic challenger Jerry Brown, the state�s former governor and current attorney general.
Bloomberg set the former record of $108 million in personal contributions in his mayoral re-election bid last year, when he spent about $185 per vote, as OpenSecrets Blog previously reported.
Have a news tip or link to pass along? We want to hear from you! E-mail us at press@crp.org.
Progressive groups have made Sen. Russ Feingold's difficult re-election bid a top priority, raising more than $600K for the Wisconsin Democrat in the last four days.
MoveOn.org, the liberal blog FireDogLake.com and Democracy For America are behind the fundraising, which will be funneled directly to Feingold's war chest. Feingold is currently locked in a tight race against businessman Ron Johnson (R).
Feingold has always been something of a hero to the left because of his strong stance on campaign finance reform, among other issues.
"These numbers show that -- despite claims of an enthusiasm gap -- progressives are stepping up in a big way for leaders like Russ Feingold," said Ilyse Hogue, MoveOn.org's communications director. "Our members give what they can -- $10, $20 at a time -- because we recognize what's at stake: Without these heroes beating back the agenda of multinational corporations and their Republicans cronies, we're never going to get an economy that works for the middle class and American jobs here at home."
Feingold needs the money. He has $3M in his campaign account, but Johnson has been raising money at a fast clip and has shown he is willing to dip into his own personal fortune.
The fundraising for Feingold is ongoing, so the donations are still coming in. MoveOn.org has raised $485K in 24 hours, while FireDogLake has raised at least $30K and Democracy For America has brought in about $120K.
Johnson looked to be a longshot when he entered the race and has taken Feingold by surprise. And Feingold has good reason to be worried; he has trailed Johnson in the most recent polling.
See Also: Ron Johnson's Path To Victory
Russ Feingold's Path To Victory
eric seiger dermatologist
T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
<b>News</b> Roundup: 'Lost' Producers Working on Fairy Tale Series, CBS <b>...</b>
Former 'Lost' executive producers Edward Kitsis and Adam Horowitz are teaming up for a new fairy tale series. Sound cool? It gets better. According t.
Steam Borderlands buyers get DNF demo PC <b>News</b> - Page 1 | Eurogamer.net
Read our PC news of Steam Borderlands buyers get DNF demo.
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T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
<b>News</b> Roundup: 'Lost' Producers Working on Fairy Tale Series, CBS <b>...</b>
Former 'Lost' executive producers Edward Kitsis and Adam Horowitz are teaming up for a new fairy tale series. Sound cool? It gets better. According t.
Steam Borderlands buyers get DNF demo PC <b>News</b> - Page 1 | Eurogamer.net
Read our PC news of Steam Borderlands buyers get DNF demo.
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Your daily dose of news and tidbits from the world of money in politics:
FEC NO LONGER ENFORCING ELECTION LAW?: Following an August story on OpenSecrets Blog chronicling organizations skirting Federal Election Commission disclosure laws, the Campaign Legal Center and Democracy 21 sent a letter to the FEC begging one question: Who is enforcing FEC law if the FEC isn�t?
The letter focuses on contention over �reasonable interpretation� of what constitutes �express advocacy� in the context of a statement by the FEC that an advertisement urging the public �help� a candidate is not express advocacy, since it does not directly tell the public to �vote for� a candidate.
While the letter cites OpenSecrets.org data, the Center for Responsive Politics remains neutral on the issue.
The groups are seeking clarification and a legal explanation, given that advertisements not demonstrating express advocacy are not subject to laws requiring public disclosure of advertising funding.
Meanwhile, a new report by non-profit advocacy group Public Citizen delves deeper into campaign finance information disclosure in the wake of the January Citizens United v. Federal Election Commission Supreme Court ruling. The report contends that the identities of the people and organizations behind political advertisements are becoming less clear, particularly among �Republican-oriented� groups.
The report shows the percentage of groups reporting donors decreasing from 98 percent and 97 percent in 2004 and 2006, respectively, to 49 percent in 2008 and only 32 percent thus far in the 2010 election cycle.
�The Supreme Court has unleashed a flood of new corporate spending on election ads and the public can�t even tell who is behind a given ad,� explained David Arkush, director of Public Citizen�s Congress Watch division, in a Wall Street Journal article.
LADY GAGA AND HARRY REID TEAM UP: What do Lady Gaga and U.S. Sen. Harry Reid (D-Nev.) have in common? Hint: not fashion sense. Still, the pair teamed up earlier this week via Twitter to voice support for the repeal of the military�s �Don�t Ask, Don�t Tell� policy for gay service members.
Reid began the correspondence with a tweet saying �@ladygaga There is a vote on #DADT next week. Anyone qualified to serve this country should be allowed to do so.� The pop star responded by writing �God Bless and Thank you @HarryReid, from all of us, like u, who believe in equality and the dream of this country. We were #BORNTHISWAY.�
While there is no record of Gaga herself making campaign contributions to Reid, the senator has done well fund-raising with her colleagues in the television, movies and music industry, who have donated $436,250 to Reid during the 2010 election cycle.
From 2009-2010, Reid is second to only U.S. Sen. Charles Schumer (D-N.Y.) in campaign contributions from people and political action committees associated with this industry.
BLOOMBERG�S PERSONAL CAMPAIGN CONTRIBUTION RECORD BROKEN: New York City Mayor Michael Bloomberg may be notable for massive contributions to his own campaigns, but this billionaire media mogul-turned-politico�s record for the largest personal campaign contribution in U.S. history has been shattered by California gubernatorial candidate Meg Whitman, a Republican.
The San Francisco Chronicle reported another $15 million donation Tuesday, bringing Whitman�s total personal contributions for the 2010 governor�s race to $119 million. A recent Rasmussen poll shows Whitman, former chief executive officer of eBay, slightly ahead of Democratic challenger Jerry Brown, the state�s former governor and current attorney general.
Bloomberg set the former record of $108 million in personal contributions in his mayoral re-election bid last year, when he spent about $185 per vote, as OpenSecrets Blog previously reported.
Have a news tip or link to pass along? We want to hear from you! E-mail us at press@crp.org.
Progressive groups have made Sen. Russ Feingold's difficult re-election bid a top priority, raising more than $600K for the Wisconsin Democrat in the last four days.
MoveOn.org, the liberal blog FireDogLake.com and Democracy For America are behind the fundraising, which will be funneled directly to Feingold's war chest. Feingold is currently locked in a tight race against businessman Ron Johnson (R).
Feingold has always been something of a hero to the left because of his strong stance on campaign finance reform, among other issues.
"These numbers show that -- despite claims of an enthusiasm gap -- progressives are stepping up in a big way for leaders like Russ Feingold," said Ilyse Hogue, MoveOn.org's communications director. "Our members give what they can -- $10, $20 at a time -- because we recognize what's at stake: Without these heroes beating back the agenda of multinational corporations and their Republicans cronies, we're never going to get an economy that works for the middle class and American jobs here at home."
Feingold needs the money. He has $3M in his campaign account, but Johnson has been raising money at a fast clip and has shown he is willing to dip into his own personal fortune.
The fundraising for Feingold is ongoing, so the donations are still coming in. MoveOn.org has raised $485K in 24 hours, while FireDogLake has raised at least $30K and Democracy For America has brought in about $120K.
Johnson looked to be a longshot when he entered the race and has taken Feingold by surprise. And Feingold has good reason to be worried; he has trailed Johnson in the most recent polling.
See Also: Ron Johnson's Path To Victory
Russ Feingold's Path To Victory
eric seiger
eric seiger dermatologist
T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
<b>News</b> Roundup: 'Lost' Producers Working on Fairy Tale Series, CBS <b>...</b>
Former 'Lost' executive producers Edward Kitsis and Adam Horowitz are teaming up for a new fairy tale series. Sound cool? It gets better. According t.
Steam Borderlands buyers get DNF demo PC <b>News</b> - Page 1 | Eurogamer.net
Read our PC news of Steam Borderlands buyers get DNF demo.
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T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
<b>News</b> Roundup: 'Lost' Producers Working on Fairy Tale Series, CBS <b>...</b>
Former 'Lost' executive producers Edward Kitsis and Adam Horowitz are teaming up for a new fairy tale series. Sound cool? It gets better. According t.
Steam Borderlands buyers get DNF demo PC <b>News</b> - Page 1 | Eurogamer.net
Read our PC news of Steam Borderlands buyers get DNF demo.
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T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
<b>News</b> Roundup: 'Lost' Producers Working on Fairy Tale Series, CBS <b>...</b>
Former 'Lost' executive producers Edward Kitsis and Adam Horowitz are teaming up for a new fairy tale series. Sound cool? It gets better. According t.
Steam Borderlands buyers get DNF demo PC <b>News</b> - Page 1 | Eurogamer.net
Read our PC news of Steam Borderlands buyers get DNF demo.
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T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
<b>News</b> Roundup: 'Lost' Producers Working on Fairy Tale Series, CBS <b>...</b>
Former 'Lost' executive producers Edward Kitsis and Adam Horowitz are teaming up for a new fairy tale series. Sound cool? It gets better. According t.
Steam Borderlands buyers get DNF demo PC <b>News</b> - Page 1 | Eurogamer.net
Read our PC news of Steam Borderlands buyers get DNF demo.
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T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
<b>News</b> Roundup: 'Lost' Producers Working on Fairy Tale Series, CBS <b>...</b>
Former 'Lost' executive producers Edward Kitsis and Adam Horowitz are teaming up for a new fairy tale series. Sound cool? It gets better. According t.
Steam Borderlands buyers get DNF demo PC <b>News</b> - Page 1 | Eurogamer.net
Read our PC news of Steam Borderlands buyers get DNF demo.
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I first started researching and developing my knowledge of personal finance just a few weeks before starting my blog. Since then I have gathered and put much information to practice in relevance to the subject. I started off knowing not much more than just how to start a bank account and keep a checkbook. Being 20 years old I decided that if I was going to learn how to manage my money and be successful in doing so, I would have to learn the ropes and use what I learn.
Unfortunately there are many people in the world who are still in the same state that I was. In times of financial hardship and a failing economy, this can be disasterous.
In this article I am going to share a few essential basics that I have learned about personal finance.
First and foremost, if you don't know it already, the principle concept of success in personal finance is something we all know, but few follow.
SPEND LESS THAN YOU EARN!
It's a simple concept, but most of us find out that it is easier said than done. Don't believe me? The article I found this life changing lesson in is located on TheSimpleDollar.com. This is a great blog by the way. I've found it very informative and useful.
On top of living the idea of spending less than you earn there are a few other hot tips that you should follow to keep yourself in check financially. Some of these include:
Living Frugal - This means cutting back. If there is a cheaper alternative to your current cell phone plan, cable bill, internet bill, or anything else, take the cheaper deal. If you really don't need it, cut it out altogether. If you go out to eat a lot, start making more meals at home. It's truly amazing how much a few simple concepts can drastically change your monetary status. Even just cutting back a little on quite a few bills can wind up saving you big money.- Shop USED - This is something that a lot of people have a lot of trouble doing for one reason or another. Americans, especially, have become a people of possesions. Not used possessions, but new. Next time you go to shop for clothes or books, look around and find used deals. A lot of places sell quality condition used items and for a lot cheaper than you would pay new. This applies to pretty much anything whether it be clothes, books, cds, or even big ticket items like cars.
- Use Generic Products - Yet another concept that people struggle with. Everyone gets stuck on using brand name products because they are what's been around for years and burned into the back of our minds through advertising. The cold, hard truth is these products are the exact same as generic products, just with a well branded name attached to them. Generic products cost much less, start using them!
- Build An Emergency Fund - This is a huge essential especially in current times. People are losing jobs left and right without notice. Don't be one to be put into a bind if this happens to you. Building an emergency fund will allow you to be more at peace. Knowing you will be OK whether you lose your job or your car breaks down is a psychological need that you should meet. Otherwise, if you get put into these situations, you could sink into financial stress and depression. Emergency funds, in the past, were suggested to have just a month or two of living expenses covered. In today's economy it is suggested that you have AT LEAST 6 months or living expenses saved in an emergency fund. Start putting money away ASAP!
- Drink More Water - This not only helps you save money by cutting out sodas and energy drinks, but it also boosts your health. You're investing in yourself two ways that are both hugely beneficial!
These are just a few simple ideas to keep in mind when beginning to try to balance yourself out financially. You should also keep track of all expenses and budget yourself. Just doing these simple things can help bring you out of a financial rut and progress yourself in many ways.
Just don't ever forget that finance golden rule:
SPEND LESS THAN YOU EARN!
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T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
<b>News</b> Roundup: 'Lost' Producers Working on Fairy Tale Series, CBS <b>...</b>
Former 'Lost' executive producers Edward Kitsis and Adam Horowitz are teaming up for a new fairy tale series. Sound cool? It gets better. According t.
Steam Borderlands buyers get DNF demo PC <b>News</b> - Page 1 | Eurogamer.net
Read our PC news of Steam Borderlands buyers get DNF demo.
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T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
<b>News</b> Roundup: 'Lost' Producers Working on Fairy Tale Series, CBS <b>...</b>
Former 'Lost' executive producers Edward Kitsis and Adam Horowitz are teaming up for a new fairy tale series. Sound cool? It gets better. According t.
Steam Borderlands buyers get DNF demo PC <b>News</b> - Page 1 | Eurogamer.net
Read our PC news of Steam Borderlands buyers get DNF demo.
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