According to a report in THE INSIDER, the state has been paying extraordiary car rental fees for State Board of Education Chairman Howard Lee. For the past two years, the state has been paying between $1,503 to $1,693 a month in car rental expenses. Chairman Lee is not a regular state employee, consequently, he does not qualify for [Continue Reading...]
Do you need to be rich to run for office? It would seems so from the latest financial disclosure forms reported in the Raleigh News & Observer. [Continue Reading...]
The Herald-Sun has finally covered the Republican Senate effort to repeal the estate tax, but is ignoring investigative reporting opportunities. Our two Senators are supporting repeal — have you asked them why? Perhaps Sen. Richard Burr could identify a North Carolina family that had to sell its farm to cover its estate tax liability, even [Continue Reading...]
Big money rules the day on Jones Street, and that’s not good for the credibility of Democratic legislative leaders. Read this editorial published in the Raliegh News & Observer. [Continue Reading...]
An op-ed in the Southern Pines Pilot sheds light on the influence buying activities of 527 Committees. [Continue Reading...]
by Rob Christensen and David Raynor,
Raleigh News & Observer Staff Writers
Two years before the 2008 primaries for governor, the biggest buzz has been about state Treasurer Richard Moore’s emergence as the leading fundraiser.
Much of Moore’s money — 42 percent — has been raised out of state. A large part of it has come from companies hired by the treasurer’s office to help invest the state’s $65 billion portfolio.
Moore raised at least $108,000 in 2005 from financial companies on Wall Street and elsewhere that do business with the treasurer’s office. He received contributions from executives with such companies as Wellington Management and State Street Corp. of Boston, Ariel Capital Management of Chicago, the Quellos Group of Seattle and Raymond James & Associates of Tampa, Fla. All have a role in managing the state pension fund. [Continue Reading...]
Much attention has been focused on contributions made to NC House Speaker, Jim Black. The top contributors to his political campaign are identified here. [Continue Reading...]
In politics, money follows power.
That’s why heading into the 2006 election, Democrats in the N.C. General Assembly hold a wide edge over Republicans in campaign money, according to an Observer analysis of new finance reports.
Democratic lawmakers have nearly $2 million more as they start a campaign to keep control of the House and Senate.
The people appointed to the influential NC Lottery Commission have been big money contributors to state politicians for the past decade. [Continue Reading...]
RALEIGH – North Carolina House Speaker Jim Black successfully prodded his fellow lawmakers to pass a lottery bill this year. At the same time, one of the two major gaming companies seeking to run the lottery was paying one of Mr. Black’s top political aides to track the legislation. (more…)
Controversy continues to swirl around the Political Action Committee Citizens for Higher Education, formed by prominent supporters of UNC Chapel Hill. The group led the efforts to convince legislators to give the campur power to operate outside the authority of the UNC sytem Board of Governors. Click here to see a Excel spreadheet of the [Continue Reading...]
The Charlotte Observer July 7, 2005 MBNA, bank combined rank 12th in gifts in past 15 years Jim Morrill, Staff Writer Bank of America’s acquisition of credit card giant MBNA could bring itnot only new clout in the financial industry but also in politics. The $35 billion deal announced last week would unite two of the nation’sbiggest [Continue Reading...]
Seven North Carolina politicians have recieved a total of close to $75,000 in contributions from Tom Delay’s political action committee. Wondering what you can do about it? [Continue Reading...]
