Tuesday, February 07, 2012
With a Signal to Donors, Obama Yields on ‘Super PACs’.......
One more "core" belief bites the dust.....
The decision, which comes nine months before Election Day, escalates the money wars and is a milestone in Mr. Obama’s evolving stances on political fund-raising. The lines have increasingly blurred between presidential campaigns and super PACs, which have flourished since a 2010 Supreme Court ruling and other legal and regulatory decisions made it easier for outside groups to raise unlimited donations to promote candidates.
The decision, which comes nine months before Election Day, escalates the money wars and is a milestone in Mr. Obama’s evolving stances on political fund-raising. The lines have increasingly blurred between presidential campaigns and super PACs, which have flourished since a 2010 Supreme Court ruling and other legal and regulatory decisions made it easier for outside groups to raise unlimited donations to promote candidates.
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