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Click here to visit the new home of Politics Daily!I used to be a hacker. It was a long time ago, decades before the future World Wide Web was available. I operated anonymously (except to my clients who paid me for what I discovered). I tracked down people whose cars, pledged as security on automobile loans, had been targeted for repossession. I performed my "hacking" duties over the phone using codes and pretexts. I infiltrated semi-secure bureaucratic systems (unemployment claim offices, utility company billing desks etc.) to precisely extract the whereabouts of drivers who had borrowed money to buy automobiles and then skipped town without ...
(Oct. 27) -- Despite loud complaints from Democrats that they're being wildly outspent by Republicans and their shadowy anonymous allies -- a bogeyman the White House has made a centerpiece in their closing campaign strategy -- liberal third-party groups are quickly catching up to pro-GOP spending levels as election day nears. Unions and other independent groups have started pouring money into races across the country, sometimes exploiting rules to keep donors secret despite Democrats' condemnation of groups like the Chamber of Commerce for doing the same thing. Last week, 40 percent of ...
Two top newspapers are examining two of the top spenders in this year's campaigns. The Wall Street Journal says the American Federation of State, County and Municipal Employees is the no. 1 independent spender. The New York Times delves into public records to identify corporations that are helping to fund policy battles and record campaign spending by the U.S. Chamber of Commerce. According to the Journal, AFSCME is spending $87.5 million -- more than anyone else, but the title could be temporary depending on what happens in the next 10 days. The union's money comes from dues paid by its 1.6 ...
(Oct. 15) -- Etch A Sketch by the Ohio Art Co. is made in China. Radio Flyer red wagons: made in China. Levi's: made in Latin America and Asia. When these and other American icons left the country, so did millions of jobs. Many of the more than 5 million manufacturing jobs and 600,000 information-sector jobs that have vanished in the past 10 years have been outsourced overseas. Outsourcing -- chasing low wages and lax regulation by shipping American jobs to other countries -- has been very good for the corporate bottom line and very bad for people who work for a living. While 27 million ...
Karl Rove has done it again. He's turned legitimate political debate into partisan propaganda. In an e-mail to Politico this weekend, the former George W. Bush uber-strategist who has long been accused of assorted dirty tricks, blasted President Obama for cooking up an "enemies list." And on "Fox News Sunday," he charged that Obama was creating "some kind of enemies list," adding, "How dare the president do this." But Rove is using a historical term inaccurately -- of course, to score a political point. What triggered Rove's false claim was a Democratic Party ad that accused Rove, Ed ...
WASHINGTON (Oct. 10) - A new Democratic TV ad all but accuses the U.S. Chamber of Commerce of using foreign funds to secretly back Republican congressional candidates, igniting a furious round of denials and counter-accusations from Republicans. Democrats presented no evidence to substantiate the charge. The use of foreign funds for U.S. campaign activities is prohibited. The Democratic National Committee ad issued barely three weeks from elections in which their hold on House and Senate majorities appears shaky, calls the chamber "shills for big business" and says it is spending millions ...
(Sept. 2) -- You may think the topic of "proxy access" has nothing to do with you, if you've even heard of the term. But if you own stock, directly or through mutual funds, want to retire someday or want to keep your job, you'd be wrong ... way wrong. The topic and recently announced changes in Securities and Exchange Commission rules have everything to do with the health of our economy. We've seen far too many corporate debacles as a result of poor corporate decision-making, which have laid low our economy and cost us trillions to try to fix. In an effort to get better decision-making, the ...
While the Democrats' congressional fundraising committee has a sizable cash advantage heading into the midterm elections, party strategists are wary of a big upsurge in campaign money from business and conservative groups hoping to help the GOP regain control of Congress, the Los Angeles Times reports. The push to pour money into campaigns against Democrats in this year's midterms is fueled in large part by anger over the party's agenda, such as the recently enacted legislation to tighten controls on the financial industry, and is helped by the Supreme Court's decision last January lifting a ...
(July 29) -- On Wednesday, a federal judge blocked parts of Arizona's new anti-immigration law. On Thursday, the rest of it went into effect. And while the court ruling against the law is being hailed as a victory for the Obama administration, the law is still very popular with Arizonans and the public at large. Nevertheless, this law will in the end be bad for Arizona's businesses, and bad for the rest of the country if other states follow suit. To understand why, consider this story. Last year, when President Barack Obama went to the International Olympic Committee in Copenhagen to pitch ...
The U.S. Chamber of Commerce held a summit Wednesday to highlight its views on creating jobs and challenge Obama administration policies it believes have allowed the country's employment rate to stagnate. "For the first time in my 40 years of observation, I truly think our free enterprise system is at risk," said Tom Bell, chairman of the Chamber's board of directors, opening the summit. "If you hear the conversations in Washington and read the popular press, everyone seems to see earning profit and creating wealth not as the heart and soul of our economy, but as a nefarious activity that ...
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