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So long, Prudence. We had fun but… Public finances.(Still constrained by past imprudence)

Article from: The Economist (US) Article date: November 01, 2008

Alistair Darling pragmatically gives himself more fiscal leeway, but he remains constrained by Gordon Brown's past profligacy

THE government had done its best to prepare the ground but it was still a humiliating moment. For over a decade Labour's fiscal rules, first set out by Gordon Brown when he became chancellor of the exchequer in 1997, had been the supposed lodestar for budgetary policy. But on October 29th Alistair Darling, his successor at the Treasury, in effect scrapped them for the foreseeable future.

Understandably the chancellor was not so explicit. More than ...

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Clinton Spending Vexes Donors

Posted Feb 22, 08 10:52 AM CST in Politics 

Clinton Spending Vexes Donors
Source: Associated Press

(Newser) – The $25,000 Hillary Clinton's sputtering campaign dropped at Vegas' posh Bellagio last month is raising eyebrows among those cutting her the checks, reports the New York Times. Add $5 million for the very strategists who engineered her string of recent failures, and donors looking over her latest campaign finance report are having some serious doubts about Clinton's spending priorities.

“Fees and payments are in line with industry standards,” said campaign communications director Howard Wolfson, who earned nearly $267,000 in January. But Clinton's gamble that the race would be decided by Super Tuesday has left her cash poor, even as her poor showings further slow donations—leaving her in the red and with little cash for a possible long haul.

Source: New York Times

More about:  Barack Obama • Hillary Clinton • campaign fundraising • Democratic nomination • presidential election • Hillary Clinton supporters • Mark Penn • political donors • political strategists • Howard Wolfson • Bellagio • campaign finance report

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OPINION

Clinton Camp: How Low
Can She Go?

Some want victory
at all costs; others
look to legacy, 2012

MSNBC MSNBC Feb 20, 08 12:43 PM CST
(Newser) - With Hillary Clinton’s campaign down to its last moves, her advisers are duking it out over how negative the candidate should go, MSNBC reports. Pollster Mark Penn wants to go ahead full throttle, while communications director Howard Wolfson and ad guru Mandy Grunwald are concerned that Hillary might damage her future—including a potential White House run in 2012. John Heilemann notes in New York that the lopsided defeat in Wisconsin can be interpreted as a rejection of the negative messages she deployed there. More »

More about:  Barack Obama • Hillary Clinton • Democratic nomination • negative campaigning • Wisconsin • Mark Penn • Howard Wolfson

Clinton Backers Push for Convention Nomination

Supporters say symbolic roll-call vote will recognize 18 million Hillary voters

San Francisco Chronicle San Francisco Chronicle Aug 12, 08 7:26 AM CDT
(Newser) - A group of Hillary Clinton's delegates are working to make sure their candidate's name is put up for nomination at the Democratic convention, the San Francisco Chronicle reports. Clinton backers say the symbolic move will serve as recognition for the 18 million voters who chose Hillary in the primaries, and whose votes will be vital in November. More »

More about:  Barack Obama • Hillary Clinton • Democratic National Convention • Democratic nomination • Hillary Clinton supporters • convention delegates

Dems Work to Fuse Fundraising Machines

Two campaigns set to become one as Clinton bows out

Wall Street Journal Wall Street Journal Jun 7, 08 6:10 AM CDT
(Newser) - The Obama and Clinton campaigns have been working to merge their fundraising machines as Clinton prepares her swan song today, the Wall Street Journal reports. Clinton made a call to her top 50 fundraisers, urging them to get behind Obama and promising a private meeting with the presumed nominee. The combined operation could create a juggernaut capable of dwarfing the contents of John McCain's offers. More »

More about:  Barack Obama • Hillary Clinton • campaign fundraising • campaign finance • Democratic Party • political donors


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