Archive for September 15th, 2010

Former president of Botswana Festus Mogae. Flickr photo by World Trade Organization.

A daily look at news from the Washington Post, New York Times and Wall Street Journal that caught our eye:

  • In the form of a study, a salvo from the left questions Obama’s trade goals (NYT)
Energy and Environment
  • New ruling on claims for spill damage (WP)
  • Ocean energy director outlines the task ahead (WP)
  • U-Turn on Global Warming? Hardly (WSJ)
  • A first step in health-care suit (WP)
  • Diet Drugs Face FDA Scrutiny (WSJ)
  • Herbal Supplements Get New Scrutiny (WSJ)
  • Despite ethics cloud, Rangel easily wins primary (WP)
Financial Reform
  • Bank regulators once bamboozled, now emboldened (WP)
  • Consumer bureau conundrum (WP)
  • How a Street Watchdog Got its Bite (WSJ)
  • Bill to Aid Small Businesses Advances in Senate (WSJ)
  • The Case for an Infrastructure Bank (WSJ)
  • New Bank Rules Good for Everything Except Bankers’ Bonuses (WSJ)

It’s almost as if the folks at the Federal Election Commission have thrown up their hands and decided that policing the political spending by outside groups just isn’t worth the effort. Consider that in 2004 there was almost complete disclosure on who was paying for the issue ads flooding our airwaves. Today? Not so much. A new study by Public Citizen shows that more than two-thirds of outside groups spending heavily on electioneering communications this year  are not reporting who is bankrolling their ads.

A lot of this has to do with the new feeling of corporate empowerment that has taken hold since the U.S. Supreme Court ruled in January that corporations have a right to spend an unlimited amount from their treasuries to influence voters.  The Public Citizen study shows:

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