On Thursday, the Associated Press reported that the same day Democratic Governor Jay Nixon decried large donations in his State of the State speech, he received a five-figure contribution from a firm whose state contract is up for renewal.
All of the money given by small donors in the 2012 presidential race was matched by only 32 billionaires and corporations, according to a report released Thursday by MoPIRG, the Missouri Public Interest and Research Group.
It was the first major election since the Supreme Court’s controversial Citizens United decision that allowed an unlimited amount of money to be spent by so-called Super PACs, often without disclosing where the money is coming from.
It’s estimated that TV stations’ political ad revenues were around $2.6 billion last year – a 68 percent increase from just 4 years ago.
This was the first big election since the Supreme Court’s Citizens United ruling in 2010 that declared corporations to be people and money to be speech. The ruling made 2012 a good year for TV stations that get paid to air political ads.
In spite of repeated assurances that they wouldn't support Congressman Todd Akin's senate bid after his damning comments regarding "legitimate rape," the National Republican Senatorial Committee funneled $756,000 into Akin's campaign during the days before the election.
Non-profits who want to influence political races in the city of St. Louis may soon have to disclose their donors.
A bill that would force those organizations who put more than $500 into a contest for mayor, comptroller, Board of Aldermen president or a ballot issue sailed out of committee today with a 6-0 vote. Five of the 11 committee members were absent, and a quorum wasn't reached until just before the vote.
Republican gubernatorial candidate Dave Spence has put an additional $500,000 into his campaign to unseat Democratic Missouri Gov. Jay Nixon.
The Missouri Ethics Commission website shows that Spence made the loan earlier this week. He has now given and loaned his campaign a total of $4.5 million.
The latest loan comes after finance reports released Monday showed Spence's campaign with less cash than Nixon's. The incumbent governor reported more than $4.9 million in his campaign account as of the start of October, compared with $1.5 million for Spence.
Updated to note that Slay filed multiple reports, and thus raised and spent more than quarterly report reflected.
The latest quarterly reports are in for the 2013 mayoral primary in the city of St. Louis, and incumbent Mayor Francis Slay continues to hold a huge fundraising advantage over challenger Lewis Reed, the Board of Aldermen president.