The Illegal Donor Loophole

There has been no shortage of media attention paid to the role of money in the current presidential contest. Super PACs, bundlers, 527s, and mega-donors have attracted abundant notice. But there has been surprisingly little focus on perhaps the most secretive and influential financial force in politics today: the wide-open coffers of the Internet. With

Washington Post: President Misses Over Half Of His Daily Intelligence Briefings

The Government Accountability Institute examined President Obama’s schedule from the day he took office until mid-June 2012, to see how often he attended his Presidential Daily Brief (PDB) — the meeting at which he is briefed on the most critical intelligence threats to the country. During his first 1,225 days in office, Obama attended his

Corzine, MF Global Will Face No Criminal Charges

After ten months of investigating Obama campaign bundler and former MF Global chief Jon Corzine’s role in the loss of $1.6 billion of customer funds, the New York Times is reporting that Eric Holder’s Department of Justice is unlikely to file any criminal charges against Corzine or top MF Global executives. Read the story here.

Daily Beast: Why Goldman Sachs, Other Wall Street Titans Are Not Being Prosecuted

The Justice Department’s decision not to prosecute Goldman Sachs in a financial-fraud probe is another sign of the cronyism that has kept Attorney General Eric Holder from taking action against other big Wall Street firms, says Government Accountability Institute President Peter Schweizer. Read the full article at the Daily Beast.      

Washington Examiner: GAI Report May Explain Lack of DOJ Prosecutions

An investigation by Peter Schweizer’s Government Accountability Institute (GAI) has concluded that conflicts of interest among President Obama’s top Department of Justice appointees may explain why nobody on Wall Street has been prosecuted by the government following the economic meltdown of 2008. Read the Washington Examiner article here.