Political Capital

Daily Archives: December 7, 2012

Obama signs in Newark, New Jersey, in this file photo.

Photograph by Jeff Zelevansky/Getty Images

Obama signs in Newark, New Jersey, in this file photo.

New Jersey: Obama’s 58% Best By Democrat Since 1964

President Barack Obama won 58.3 percent of the vote in New Jersey on Nov. 6, the best showing by a Democratic presidential nominee in 48 years, according to an official count of votes released today. Obama’s vote share in New...

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The Morgan Stanley headquarters in New York.

Photograph by Victor J. Blue/Bloomberg

The Morgan Stanley headquarters in New York.

Wall Street Hedged No Election Bets

With Republicans angry about the financial regulations pushed through by President Barack Obama and congressional Democrats, the securities and investment industry was the only major source of campaign contributions to switch sides in 2012 compared with 2008, giving a record...

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Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands Corp., is projected during a news conference at the opening of Las Vegas Sands Corp.'s Marina Bay Sands Resort & Casino in Singapore.

Photograph by Charles Pertwee/Bloomberg

Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands Corp., is projected during a news conference at the opening of Las Vegas Sands Corp.'s Marina Bay Sands Resort & Casino in Singapore.

Super-PACs’ Last Gasp: Mixed

Federal Election Commission reports due last night show a blitz of last-minute super-political action committee action in key Senate and House races. The late investments yielded mixed results. Less than three weeks before Election Day, a super-PAC backing Virginia Senate...

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President Barack Obama and his wife at the Commander-in-Chief Inaugural Ball in Washington on Jan. 20, 2009.

Photograph by Mark Wilson/Pool via Bloomberg

President Barack Obama and his wife at the Commander-in-Chief Inaugural Ball in Washington on Jan. 20, 2009.

Obama’s Inauguration: Corporations are People Too, Unlimited Welcome

Written with Joe Sobczyk President Barack Obama’s inaugural committee will accept unlimited donations from corporations and individuals, reversing his stance of four years ago. After a presidential campaign that cost more than $2 billion in spending by candidates, political parties...

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Singer James Taylor performs on the final day of the Democratic National Convention (DNC).

Photograph by Robyn Beck/AFP via Getty Images

Singer James Taylor performs on the final day of the Democratic National Convention (DNC).

James Taylor Live: Left, Right Unite: `May Have to Go Over Cliff’

Updated at 3:20 pm EST Singer-songwriter James Taylor, a self-described “yellow dog Democrat,” took a victory lap at the National Press Club today. Taylor campaigned for President Barack Obama’s re-election, including performing at the Democratic National Convention in Charlotte, where...

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Speaker of the House John Boehner outside his office at the Capitol on Dec. 7, 2012.

Photograph by Chip Somodevilla/Getty Images

Speaker of the House John Boehner outside his office at the Capitol on Dec. 7, 2012.

Boehner’s Opening: Tax Carve-Out for Small Business Owners?

Written with Mark Silva House Speaker John Boehner and fellow Republicans have maintained from the start that their opposition to tax increases on people earning more than $250,000 involves the impact this could have on small-business owners. The data show...

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A job seeker, right, speaks with a recruiter during a HIREvent job fair in San Jose, California.

Photograph by David Paul Morris/Bloomberg

A job seeker, right, speaks with a recruiter during a HIREvent job fair in San Jose, California.

Krueger: Jobs Report a Reminder — Middle-Class Tax Relief Essential

The White House is taking today’s jobs report — with unemployment declining to 7.7 percent in November — as another sign of the imperative for approving the tax plan the president is pressing in deficit talks. Alan Krueger, chairman of...

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Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), testifies during a Senate Banking Committee hearing in Washington.

Photograph by Andrew Harrer/Bloomberg

Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), testifies during a Senate Banking Committee hearing in Washington.

Single Consumer Director? Depends on Which Agency You Mean

Almost from the moment that the Consumer Financial Protection Bureau was created in 2010, Republican and Democratic lawmakers began fighting over whether the agency should be run by a commission or a director. Democrats are content with the single-director structure...

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