Stealth spending on the rise as Election Day approaches
Thursday, October 18, 2012 - 13:45 Chip Somodevilla/Getty Images Romney campaign pins are on display for sale in the GOP gift shop during the third day of the Republican National Convention. The top two spending organizations taking advantage of the Citizens United decision are Republican backers. After the U.S. Supreme Court’s 2010 ruling that unleashed corporate and union spending on elections, there seemed to be a silver lining: the identity of those who fund all those annoying ads would be revealed to the public on a regular basis. It hasn’t quite worked out that way. Since Labor Day, spending by outside groups taking advantage of the high court’s Citizens United decision totaled a little more than $229 million, including unions. Forty-four percent of the total — $100 million — has come from non-disclosing, nonprofit corporations. The clearest example comes from the top two spenders. Both organizations are Republican backers. And they also happen to share the same ...
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Ads quick to criticize after VP debate
Friday, October 12, 2012 - 09:13 Saul Loeb/AFP Ads released hours after the vice presidential debate hit Biden for grinning too much and Ryan for bending the facts. Last night’s debate between Vice President Joe Biden and GOP vice presidential nominee Rep. Paul Ryan has already produced at least two ads from outside spenders criticizing both the style and substance of the debate. American Bridge 21st Century , a liberal super PAC, released a web video called “ VP Debate Fact Check ,” which takes issue with many of Ryan’s statements. The Republican National Committee responded to the debate with “ Laughing at the Issues ,” portraying Biden as not serious about the country’s problems. The debate, which was feistier and livelier than the first presidential debate, saw Biden laughing and sometimes shaking his head at Ryan, of Wisconsin, argued his points. Biden was particularly aggressive in calling Ryan out when he seemed to bend the facts. Republicans, as seen in the RNC ...
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Cold March Keeps Shoppers’ Spending Tepid
NEW YORK — So much for new spring shorts and T-shirts. As cold weather lingered across most of the country, Americans shopped modestly in March. U.S. retailers reported a key revenue figure rose slightly during the month, as shoppers held back on spending because of the cold weather across the nation, particularly the Midwest and East Coast, and continued fears about the economy. Economists monitor consumer spending because it accounts for more than 70 percent of economic activity. According to a preliminary tally of 15 retailers by the International Council of Shopping Centers, revenue in stores open at least a year rose 1.6 percent, or 2.5 percent excluding drugstores. That was below expectations, said Michael Niemira, chief economist at the ICSC. Weather was a factor, with March being the coldest in seven years. The comparison with last March was especially tough. Last year saw the warmest March on record, according to weather research firm Planalytics Inc. “Wintry weather conditions ...
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Report: Google Fiber Heading to Austin as Cities Race to Boost Web Speeds
America’s weirdest city is about to get wired. Google Fiber is heading to Austin, Texas, according to multiple reports. If true, Austin, home of the South by Southwest festival, will become the largest city to receive Google’s superfast, 1-gigabit Internet-and-TV service after Google Fiber’s initial launch in Kansas City last year. In a tantalizing clue, Google Fiber’s news website briefly flashed a message over the weekend reading: “Google Fiber’s Next Stop: Austin, Texas.” Google may have inadvertently managed to scoop its own announcement, because the message was quickly removed. “It’s no longer a question,” Austin-based blogger and telecom expert Stacey Higginbotham wrote on Saturday. “Google is bringing its Google Fiber network to Austin. I’ve confirmed it with sources, and the brief publication of a post in the middle of the night by Google should assuage anyone else’s doubts.” Google Fiber’s arrival in Austin would be the clearest signal yet that ...
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Google Fiber Reportedly Coming to Austin, TX, as Cities Race to Boost Web Speeds
America’s weirdest city is about to get wired. Google Fiber is coming to Austin, Texas, according to multiple reports. If true, Austin, home of the South By Southwest festival, will become the largest city to receive Google’s super-fast, one gigabit Internet and TV service after Google Fiber’s initial launch in Kansas City last fall. In a tantalizing clue, Google Fiber’s news website briefly flashed a message over the weekend reading: “Google Fiber’s Next Stop: Austin, Texas.” Google may have inadvertently managed to scoop its own announcement, because the message was quickly removed. “It’s no longer a question,” Austin-based blogger and telecom expert Stacey Higginbotham wrote on Saturday. “Google is bringing its Google Fiber network to Austin. I’ve confirmed it with sources and the brief publication of a post in the middle of the night by Google should assuage anyone else’s doubts.” Google Fiber’s arrival in Austin would be the clearest signal yet that ...
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