The job of reforming Wall Street is far from finished. The most profitable investments for the big banks continue to be Washington lobbyists chipping away at reform and litigators challenging every major rule in court.
In 2012, just 61 large donors to Super PACs giving an average of $4.7 million each matched the $285.2 million in grassroots contributions from more than 1,425,500 small donors to the major party presidential candidates.
Tuesday’s race was the first presidential election to take place since Citizens United, and campaign spending this cycle exceeded $6 billion. With fundraising split roughly evenly between the two major parties, it was inevitable that some donors wouldn’t be able to buy the electoral outcomes they were hoping for.
Of course, no one should attempt to vote if he or she is not legally registered, but documented cases of actual voter fraud are rare. True the Vote is aiming to train as many as one million poll “observers,” and the scope of that effort far exceeds any real problem of illegal voting; instead, it seems intended to intimidate voters. As True the Vote’s top organizer reportedly told recruits during a training session in South Florida, their job is to make voters feel as if they are “driving and seeing the police following you.” This isn’t a civics lesson.
Outside spending organizations reported $1.11 billion in spending to the FEC through the final reporting deadline in the 2012 cycle. That’s already a 200% increase over total 2008 outside spending.
It's a sign of our shadowy times that the latest regulatory "reform" bill hasn't been laughed out of Washington. Same goes for the latest bankers' complaint, this time about being asked to cover their own bets. And if you think it's bad now, wait and see what happens if Romney takes over.
Think "global catastrophe."
While bank-friendly politicians offer insipid legislation, the world economy is still at risk. And it could get worse.
5. Will old-school voter intimidation and suppression come into play?
This refers to all the steps that have been taken by the GOP in recent years to complicate the voting process, discourage participation and scare off new voters.
Several developments in the past three years suggest that the case for upholding section 5 against constitutional challenge has been strengthened compared to the situation in 2009.
Lorraine C. Minnite, a Rutgers University political scientist and a senior fellow at Demos, a liberal think tank, looked for a turnout effect in a 2009 paper she co-authored with Columbia University political scientist Robert S. Erikson. They didn't turn up definitive evidence, concluding, "our data and tools are not up to the task of making a compelling statistical argument for an effect."
It is true that courts have been striking down Republican efforts to restrict voting among certain demographic groups. Yet by no means is the fight over.
To make sure that no voter is subjected to intimidation when they hit the polls next month, one organization is dispensing military veterans to booths across the country.
Wednesday night’s first presidential debate between President Obama and Mitt Romney was live-blogged or live-tweeted by almost every think tank. The depth of the commentary ranged from appearance to proposal. After a little time to process, think tank experts are weighing in with analysis beyond 140 characters.
In 2008, young people—particularly those of color—endured more voting restrictions than any other youth voting demographic that came before, yet black youth turnout hit its highest rate in history.
If there are any truths to hang your hat on in the ongoing debate about the future of American healthcare, it’s this one: Medicare is really expensive.
But evidence is mounting that it is the last point — the fact that people move — that is key, and that past assumptions about why tenants don't vote may be incorrect.
Political scientists who have been re-evaluating reams of voting data have found that whether a tenant votes is less about political will and more about the cumbersome and at times elusive process of registering.