
Sen. Ron Johnson's $10 million post-election windfall from his former company not only raises eyebrows among election lawyers, but the lump-sum payout also could raise serious red flags for the IRS, according to legal experts and accountants.
The Wisconsin Republican, a Tea Party favorite who defeated Sen. Russ Feingold (D-WI) last year, received a $10 million payment in deferred compensation from his former plastics company, Pacur, weeks after his $9 million self-financed 2010 campaign for Senate came to an end.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)The Supreme Court could rule this morning on a case that may radically reshape our campaign-finance laws, opening the door for unrestricted amounts of corporate money to flow into American politics.
In a nutshell: The FEC ruled that the conservative group Citizens United (CU) was prohibited by the McCain-Feingold campaign-finance law from airing a negative movie about Hillary Clinton. CU received corporate donations and the movie advocated the defeat of a political candidate within 60 days of an election. CU is arguing that the FEC ruling violated its freedom of speech, and that the relevant provision of McCain-Feingold is unconstitutional.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (2)Back in early June, Speaker Nancy Pelosi, with a bit of fanfare, requested that the House "Statement of Disbursements" -- a quarterly report of all receipts and expenditures for House members and committees -- be posted online.
Nearly six months later, the SOD for the third quarter has been posted.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (2)A heavy-hitting group of conservative lawyers led by Ken Starr and Ed Meese is jumping to the defense of a Democratic trial lawyer and major John Edwards backer.
No, Starr, Meese et al. haven't suddenly undergone a political conversion. Instead, they see a chance to undermine campaign-finance laws they never supported in the first place.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (4)Another top Democrat has come out in support of the view that the torture investigation announced by the Justice Department shouldn't be limited to CIA personnel.
Sen. Sheldon Whitehouse, a former federal prosecutor who sits on the Judiciary committee, suggested in an article (sub. req.) for the National Law Journal that the probe should extend to:
There's a critical unanswered question about the torture investigation -- or "preliminary review" announced yesterday by Attorney General Eric Holder. And the Justice Department doesn't seem eager to clear it up.
Who, exactly, is to be investigated?
On the issue of the torture briefings, is the main story starting to give way to the back story?
Here's what we mean:
The main story, reduced to its key elements, is that by the end of 2003, it seems clear that Nancy Pelosi and other top Dems had learned that we had water-boarded detainees. Whether Pelosi did enough in response to that information, or whether she was legitimately constrained by congressional protocol and by the atmosphere of fear that prevailed at the time is a matter for debate.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (13)Sen. Russ Feingold (D-WI) is the latest to call for the impeachment of Judge Jay Bybee, in response to the release of those torture memos last week.
Bybee wrote one of the memos in 2002, when he served in the Justice Department's Office of Special Counsel.
Here's Feingold's statement:
The just released OLC memos, including the 2002 memo authored by Jay Bybee, are a disgrace. The idea that one of the architects of this perversion of the law is now sitting on the federal bench is very troubling. The memos offer some of the most explicit evidence yet that Mr. Bybee and others authorized torture and they suggest that grounds for impeachment can be made. Clearly, the Justice Department has the responsibility to investigate this matter further. As a Senator, I would be a juror in any impeachment trial so I don't want to reach a conclusion until all the evidence is before me.PERMALINK | COMMENTS | RECOMMEND RECOMMEND (8)
Prompted by that New York Times report that the NSA "went beyond the broad legal limits established by Congress" in intercepting Americans' communications in recent months, Russ Feingold -- who has been the point man in the Senate for efforts to rein in warrantless wiretapping -- has released a statement :
Since 2001, I have spent a lot of time in the Intelligence Committee, the Judiciary Committee, and on the floor of the Senate bringing attention to both the possible and actual effects of legislation that has dangerously expanded the power of the executive branch to spy on innocent Americans. Despite these efforts, Congress insisted on enacting several measures including the USA PATRIOT Act, the Protect America Act, and the FISA Amendments Act, embarking on a tragic retreat from the principles that had governed the sensitive area of government surveillance for the previous three decades. Congress must get to work fixing these laws that have eroded the privacy and civil liberties of law-abiding citizens. In addition, the administration should declassify certain aspects of how these authorities have been used so that the American people can better understand their scope and impact.PERMALINK | COMMENTS | RECOMMEND RECOMMEND (5)

