Media

The 2012 elections are on track to be the nastiest in recent memory. By the tail end of primary season, in May, 70 percent of all presidential campaign ads were negative, up from a mere 9 percent at the same point in 2008.

Prominent Jewish Republicans flew to Israel last weekend to join presidential candidate Mitt Romney on his overseas trip. Among them were casino magnate Sheldon Adelson and his wife, Miriam.

The Adelsons were in the audience Sunday when Romney gave a policy speech in Jerusaleum. And at a fundraising breakfast Monday, Sheldon Adelson sat by Romney's side.

The July jobs report this morning was better than expected, but still bad news. The unemployment rate remains unchanged and the economy is barely treading water. The U.S. would need to create 5 million jobs just to get back to 2007 levels -- yet, of course, millions of young people have since graduated school and entered the workforce (or want to, anyway). So we are talking about a need for way more than 5 million jobs.

It looks like the push from Amazon and Walmart for a tax on Internet sales may carry enough weight to win over (or at least neutralize) our lawmakers who are, for the most part, terminally squeamish about even the smallest tax. I was admittedly skeptical, but an Internet sales tax is an increasingly real possibility.

WASHINGTON – The Top 5 “dark money” spenders on presidential election ads have reported less than 1% of their spending to the FEC, which is all that is required by the agency’s insufficient standards, according to a new report analyzing the latest campaign filings.

"Today’s outside spending groups act as megaphones for moguls and millionaires. The more money they pump in, the louder they’re able to amplify their voices—until a few wealthy individuals and interests are dominating our public square, drowning out the middle and working classes.”

It’s no secret that some very rich people support the super PACs and other groups that have inundated the 2012 campaign with unlimited sums of cash. But a study to be released Thursday details the extent to which this kind of donating is the sport of the One Percent.

It’s no secret that some very rich people support the super PACs and other groups that have inundated the 2012 campaign with unlimited sums of cash. But a study to be released Thursday details the extent to which this kind of donating is the sport of the One Percent.

57 percent of all Super PAC donations in this election has come from a small circle of just 47 donors, says a new report by Demos. Those are the donors who have given over $1 million each; those who have given over $10,000 account for 94 percent of all Super PAC fundraising.

A new study by several public policy groups indicates that half of outside spending is from groups that don't reveal their donors. According to the data, the top five "dark money" groups spent just over $53 million on TV ads for the presidential race. But because of specific tax codes related to nonprofits, these groups do not necessarily have to disclose their donors or the amount they spend to the FEC.