Mayor Michael Bloomberg made a splash by endorsing President Barack Obama this afternoon, however the billionaire’s backing won’t come with any campaign cash from the mayor’s new super PAC. Sources familiar with Mayor Bloomberg’s plans told Politicker “his PAC is not going to be contributing to the president’s campaign.” Read More
Downtown 4 Democracy, the anti-Tea Party “hipster PAC” is teaming up with Vice magazine to host a watch party for the first presidential debate on October 3 with well-appointed “swag bags” chock full of politically-themed goodies from several big name designers and chefs. The event, which will be held at the Jane Hotel, will also include a DJ set by the “experimental pop duo” Tanlines. Read More
On Monday, the Federal Election Commission officially recognized a super PAC called “Hall and Oates Fans For America.” William Hansmann, a 36-year-old waiter in Atlanta, told Politicker he and “a handful” of friends decided to form a PAC named after the aging “Rich Girl” rockers after having a few drinks together.
“It was really just kind of a joke a couple of us came up with drunk one night. I wish I could say there was more to it, but that’s about it,” said Mr. Hansmann.
One of the people at this booze-fueled brainstorming session looked into actually forming a super PAC and Mr. Hansmann said they were “kind of surprised just how easy it was.” Read More
Special Operations for America, the pro-Mitt Romney political action committee formed by former Navy SEAL Team Six Commander Ryan Zinke will be sponsoring a car at NASCAR’s Brickyard 400 at the Indianapolis International Raceway this Sunday. FAS Lane racing’s Sprint Cup Series #32 car, which is being driven by Ken Schrader, will sport the SOFA name and logo along with website information and the slogan “Join The Battle.”
“We’re proud to be part of NASCAR and this opportunity to reach millions of voters who share our time-honored, conservative values,” Mr. Zinke said in a statement. “This is the type of grassroots effort that is needed in order to elect leaders who will restore America to its founding principles.” Read More
Today, Ryan Zinke, an ex-Navy SEAL and Montana State Senator, announced the launch of Special Operations for America, a political action committee dedicated to “the election of Mitt Romney and like-minded candidates.”
“Navy SEAL’s, Special Operations Personnel and Veteran’s across America have been outraged since Barack Obama conveniently took credit for killing Osama Bin Laden for political gain,” a statement announcing the launch of SOFA said. “The active duty military has no voice as they are forbidden to publicly engage in the political campaign process and it is career suicide for senior military leaders to speak out against the President.” Read More
Thanks to the Obama campaign’s attacks on Mitt Romney’s career with Bain Capital, private equity has been thrust into the spotlight on the campaign trail with partisans on both sides debating whether the industry has a negative effect on the country. Private Equity Growth Capital Council, a political action committee that was formed in 2007 by several of the country’s largest private equity firms, has responded with a series of videos ”aimed at educating media, policy makers and the public about the private equity industry and its positive contributions to the American economy.”
“The presidential election has brought the private equity business model into sharp focus. But sometimes lost in the political debate is the positive impact private equity brings to the companies in which they invest,” read a statement from PEGCC announcing their latest video. Read More
The Private Equity & Growth Capital Council, which was formed in 2007 by several of the country’s largest private equity firms, quietly formed a political action committee last spring and began making campaign contributions this past summer. New York City Congressman Joe Crowley was one of the top Democratic beneficiaries of donations from the private equity PAC. Read More
