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Leid Stories—After the Storms, Few Reasons to Be Calm—09.12.17

There’s big money blowing in behind the storms this hurricane season, and if history tells us anything, there won’t be much careful thought behind who’ll get it and how it will be spent. While no one’s looking too closely in the middle of several disasters, this is when a lot of shady deals are done. Leid Stories cautions that citizen …

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Deirdre Fulton – Career of Trump’s Top Ethics Lawyer Marred by Questionable Ethics

The attorney named as President-elect Donald Trump’s White House counsel, Donald McGahn, has been called “kryptonite to campaign finance reform,” “a totally partisan politico,” and “notorious for politicizing and crippling enforcement of federal campaign finance laws.” Indeed, journalist Jon Schwarz wrote at The Intercept on Sunday that McGahn “bears as much responsibility as any single person for turning America’s campaign finance …

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Steve Bannon May Have Committed A Felony With Super PAC Funds, Per Complaint To The FBI

he Democratic Coalition filed a complaint with the FBI on Tuesday against Trump Chief Strategist Steven Bannon, alleging that Bannon violated a federal campaign finance law by receiving payments from a Super PAC after becoming the CEO of Trump’s campaign, which is strictly illegal.  The Huffington Post broke the news: “Over the course of the Trump campaign, Bannon was paid …

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Dave Johnson – Oregon Locals Take On Corporate Power With ‘Tax Corporations’ Measure 97

Much of Congress is captured by corporate money. So literally nothing gets through Congress if it interferes with the corporate/1% -boosting agenda. Many in the federal regulatory agencies are captured by promises of corporate payoffs after leaving government, so these agencies do almost nothing to crack down on corporate abuses of We the People. At the state level, the corrupting …

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State Party Officials Reportedly Displeased with Clinton-DNC ‘Laundering’ Scheme

Hillary Clinton’s use of a so-called joint fundraising committee, through which her presidential campaign, the Democratic National Committee (DNC), and 32 state party committees can solicit big-money donors, is under fire not just from rival Bernie Sanders, but also from state party officials and their allies, according to reporting by Politico. Politico‘s deep dive into the latest Federal Election Commission filings, published Monday, shows …

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ROBERT REICH – The Endgame of 2016′s Anti-Establishment Politics

Will Bernie Sanders’s supporters rally behind Hillary Clinton if she gets the nomination? Likewise, if Donald Trump is denied the Republican nomination, will his supporters back whoever gets the Republican nod? If 2008 is any guide, the answer is unambiguously yes to both. About 90 percent of people who backed Hillary Clinton in the Democratic primaries that year ended up …

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Who’s Pumping Money into 2016 Election? Hedge Fund Heads

A new analysis by Reuters offers a fresh look at the interests pouring money into the 2016 president election. Hedge fund managers are upping their game in this election season, with Democratic front-runner Hillary Clinton and Republican Ted Cruz the biggest beneficiaries, Reuters‘ review of Federal Election Commission filings found. “About $47 million has been lavished on presidential candidates and lawmakers and the …

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Barry Grey – Wall Street donors account for 40 percent of super PAC funds in US election

The 2016 US election campaign has exposed deep-seated popular alienation from the entire political establishment and growing anger over the domination of US society and politics by Wall Street. Democratic contender Bernie Sanders, who calls himself a democratic socialist, has capitalized on this sentiment by basing his campaign on denunciations of the “billionaire class” and an electoral process dominated by …

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Clinton Tops List of Arms Company Donations

illary Clinton has received more money from arms and military service companies than any other candidate during the 2016 presidential campaign, data from Open Secrets shows. All but one of the world’s 10 biggest arms producers have contributed to Clinton’s previous campaigns, giving her — along with the top Republican receiver Ted Cruz — a significant margin over the other …

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SIGNS — AMAZING, AMUSING, ALARMING — OF THE CAMPAIGN FINANCE APOCALYPSE

When it comes to the influence of the unspeakably rich in politics, things are even worse than we thought. Seemingly dire predictions of what would follow the controversial 2010 Supreme Court decision in the Citizens United case turn out to have actuallyunderestimated the damage to our electoral process. The decision struck down limitations on corporations’ donations to political campaigns. At the time, many  …