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Sunday, October 17, 2010

Axelrod Says Undisclosed GOP Contributors Trying to Sway Regulation of Industry

Axelrod Says Undisclosed GOP Contributors Trying to Sway Regulation of Industry
Continuing the Democrats' assault on Republican fundraising, senior White House adviser David Axelrod said Sunday that the ability of political action groups supporting the GOP to raise millions for the campaign without full disclosure of contributors is giving special interests "a louder voice" on who will decide issues like regulation of major industries that have come under intense scrutiny in the past two years.
President Barack Obama has taken a lead in the criticism of fundraising by the Chamber of Commerce and other Republican allies, like as the "super-PACs" that proliferated in the wake of Supreme Court decisions allowing them to raise unlimited sums from individuals, corporations, unions and other groups. One that has come to particular attention is the American Crossroads group, which was founded with the help of Karl Rove, former top strategist for President George W. Bush.

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