Political Capital

Daily Archives: June 22, 2012

Mormon faithful outside the historic Salt Lake Temple before the second session at the 180th Annual General Conference in Utah.

Photograph by George Frey/Getty Images

Mormon faithful outside the historic Salt Lake Temple before the second session at the 180th Annual General Conference in Utah.

The End Is Near! Of Presidential Primaries, That Is

Turns out Mitt Romney had an ace in the hole in the battle for the Republican presidential nomination. It’s irrelevant now, with Romney having effectively wrapped up his party’s nod when Rick Santorum decided to fold his candidacy on April...

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Mitt and Ann Romney in Freeland, Michigan.

Photograph by Joe Raedle/Getty Images

Mitt and Ann Romney in Freeland, Michigan.

Top Romney Donors Descend on Utah Town for Exclusive Weekend

Top donors to Republican presidential candidate Mitt Romney are gathered in Park City, Utah for a weekend-long retreat that offers the chance to mingle with campaign strategists, party officials and the candidate himself. The event features private meetings and strategy sessions...

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A trader works on the floor of the New York Stock Exchange during Federal Reserve Chairman Ben Bernanke's news conference on June 20, 2012.

Photograph by John Moore/Getty Images

A trader works on the floor of the New York Stock Exchange during Federal Reserve Chairman Ben Bernanke's news conference on June 20, 2012.

Bernanke’s Twist Adds to Year-End ‘World of Hurt’

With Caroline Salas Gage After repeatedly warning lawmakers that a year-end fiscal cliff threatens the economy, Federal Reserve Chairman Ben S. Bernanke has created a precipice of his own. That could mean “a world of hurt” for the central bank, said...

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Comedian Stephen Colbert hosts a rally at the College of Charleston.

Photograph by Richard Ellis/Getty Images

Comedian Stephen Colbert hosts a rally at the College of Charleston.

Colbert Dethroned, Another Super-PAC Boasts

Comedian Stephen Colbert’s “A Better Tomorrow, Tomorrow” is probably the best-known super-PAC among the subset of mocking groups that have sprung up this election cycle. But it’s no longer the best-funded one, another group claims. CREDO super-PAC announced in a press...

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The Pentagon is visible from a V-22 Osprey tiltrotor aircraft carrying Secretary of Defense Leon Panetta in Arlington, Virginia.

Photograph by Tech. Sgt. Jacob N. Bailey/U.S. Air Force via Bloomberg

The Pentagon is visible from a V-22 Osprey tiltrotor aircraft carrying Secretary of Defense Leon Panetta in Arlington, Virginia.

DOD Not Planning for Impending Sequestration

Sequestration is set to begin in January. That is unless the Democratic Senate, White House and Republican Congress can agree on a way around it. Compromise efforts haven’t been going very smoothly so far with Republicans opposing any revenue increases...

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Supporters for President Barack Obama and Mitt Romney argue before a Romney campaign event on June 16, 2012 in Cornwall, Pennsylvania.

Photograph by Joe Raedle/Getty Images

Supporters for President Barack Obama and Mitt Romney argue before a Romney campaign event on June 16, 2012 in Cornwall, Pennsylvania.

Nonprofits That Hide Donors Also Hide Truth, Annenberg Center Says

Those nonprofit groups running political ads aren’t only hiding their donors — they’re hiding the truth as well. So says the Annenberg Public Policy Center at the University of Pennsylvania, which found that 85 percent of the money spent by...

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