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LOD: The 1% of the 1%

The parasite sucking life from the body politic is smaller than the 1%, according to a new study of the political money suppliers. The Sunlight Foundation found that just 1% of the top 1% gave 28% of all the disclosed political contributions influencing the 2012 federal elections - $1.7 billion of the nearly $6 billion [...]

LOD: Mistake or Lie, Damage Done

More details are coming out about how Art Pope intervened two weeks ago to kill the judicial public financing program. To stop Rep. Jonathan Jordan’s amendment that would have saved the program, it’s now apparent that Pope misled Jordan with a crucial falsehood - some might say a lie, although perhaps Pope was misinformed himself. [...]

LOD: Kiss for Cash?

Imagine speed dating adapted to the world of political fundraising and policymaking. It’s happening here in North Carolina routinely, thanks to the courtship of lobbying firms with wealthy clients and politicians eager for their cash. In identical front-page stories, the Charlotte Observer and Raleigh News & Observer described one such event on May 10, 2012: [...]

LOD: Profitable Loans

The consumer lending industry in North Carolina finally achieved its goal of raising interest rates and fees on small loans, despite opposition from the NC Banking Commissioner, NC Attorney General, and numerous consumer groups. The Associated Press says the industry paid about $1.5 million for an army of 20 lobbyists to sell its message to General [...]

By | 2017-01-03T12:05:21-05:00 June 14th, 2013|Link-of-the-Day, Lobbying, Money in Politics, Pay to Play|0 Comments

LOD: The Pope’s Intervention

Wow! Yesterday, Art Pope personally intervened to stop an amendment that would have saved the judicial public financing program from certain death. He came to the House Speaker’s office, pretending to act on behalf of the Governor in his role as McCrory's Budget Director. But the amendment had NO impact on the state budget. Pope [...]