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FEC Increases Political Contribution Limits for 2012
By Christopher Weber - Politics DailyAdjusting for inflation, the Federal Election Commission has increased the amount donors can give to federal candidates during the 2012 campaign cycle. Individuals may now write checks of up to $2,500 to candidates for president, the U.S. Senate and the U.S. House of Representatives. That's up $100 from last year's midterm elections. In addition, individuals may donate $30,800 annually to national party committees -- up about $400. An individual's total contribution to all federal campaigns, parties and other political committees combined may not exceed $117,000 between Jan.1, 2011 and Dec. ...
MSNBC Suspends Joe Scarborough Over Campaign Donations
By Christopher Weber - Politics DailyJoe Scarborough has been suspended for two days by MSNBC over money the on-air host gave to candidates for office -- a violation of the network's ban on political contributions by employees without permission. The "Morning Joe" co-host accepted the suspension -- which comes without pay -- and offered an apology to his bosses, Politico reported. "I recognize that I have a responsibility to honor the guidelines and conditions of my employment, and I regret that I failed to do so in this matter," Scarborough said in a statement Friday. "I apologize to MSNBC and to anyone who has been ...
Reinstated Keith Olbermann Apologizes
By David Knowles - AOL News
(Nov. 8) -- What would Walter Cronkite think? Today, just three days after NBC News suspended Keith Olbermann, the hybrid commentator/news anchor host of "Countdown," for violating the network's policy forbidding journalists from making political contributions to candidates without getting prior approval of network officials, he apologized to viewers in a letter. "You should know that I mistakenly violated an inconsistently applied rule -- which I previously knew nothing about -- that pertains to the process by which such political contributions are approved by NBC," Olbermann said in the ...
6 More Cable News People Who Have Made Political Donations
By David Knowles - AOL News(Nov. 5) -- Keith Olbermann isn't the only one. After NBC suspended Olbermann for violating the company's ethics policy by donating money to political campaigns, the inevitable question started being asked: Who else in cable news has done the exact same thing? By this evening, the world learned what probably isn't so shocking to begin with: Partisan journalists like to give money to candidates and political organizations they often talk about on television. 1. Larry Kudlow A staunch fiscal conservative, the CNBC anchor gave to former Republican Congressman Christopher Shays in 2009, ...
Keith Olbermann Suspended for Giving Political Donations
By Andrea Stone - AOL News
(Nov. 5 ) -- Here's one story you will be talking about tomorrow. MSNBC liberal talk show host Keith Olbermann has been suspended indefinitely without pay from MSNBC after his boss learned he had violated newsroom policies by giving campaign contributions to three Democratic candidates for Congress. That is the same Keith Olbermann who pummeled Rupert Murdoch's News Corp. for giving $1 million to the Republican Governors Association in order to buy "campaign influence." Oops. In a terse statement today, MSNBC TV President Phil Griffin said, "I became aware of Keith's political ...
Nicolas Sarkozy Embroiled in Campaign Finance Scandal
By Delia Lloyd - Politics DailyHe's captivating. He's tough. And he loves a challenge. But all that may not be enough to save President Nicolas Sarkozy of France as he fights for his political life amid a burgeoning campaign finance scandal. At issue is whether Sarkozy accepted illegal cash donations to his 2007 presidential campaign from Liliane Bettencourt, the French heiress to the L'Oréal fortune and the world's third-richest woman. A former accountant to Ms. Bettencourt has asserted that Sarkozy regularly received cash payments from the heiress and said on one occasion, his campaign was given a cash donation of some ...
Wall Street Political Donations Move to GOP
By Christopher Weber - Politics DailyPolitical donations from Wall Street firms are increasingly going to Republicans after Democrats promised to crack down on lending practices, outsize profits, and fat executive bonuses, according to new research. The Center for Responsive Politics found that banks and their workers gave nearly twice as much to the GOP during the last three months of last year, The Washington Post reported. Securities and investment firms started out 2009 giving to Democrats by a 2-1 margin, but finished the year with nearly half of their donations ending up with Republicans. Overall in 2009, Democrats ...
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