As a one-man economic stimulus plan, Mayor Bloomberg is doing his part. His campaign has spent about $7.5 million of personal funds so far, according to this Times article. Mr. Bloomberg, a billionaire, has now spent more than the city’s campaign finance laws allow Mr. Thompson — or any other challenger accepting public financing — […]
Month: April 2009
Torch Linked to Corruption Investigation
Former Sen. Bob Torricelli is linked to a New York pension fund investigation, according to this Times report. Mr. Torricelli, who was forced to abandon his re-election bid for the Senate in 2002 amid an ethics scandal, is now a lobbyist. He did work from 2005 to 2008 for Searle & Company, a Connecticut investment […]
New Campaign Finance Reform Book
Via CCP comes word of what looks to be an interesting new AEI book, Better Parties, Better Government by Peter Wallison and Joel Gora. The most effective way to change this pro-incumbent system is to lift the restrictions on political parties, allowing them to become both the principal vehicles for political fundraising and the principal sources […]