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Romney Campaign Uses Data-Mining to Seek Rich Donors

Aug 24, 2012, 3:29 pm EDT
Romney Campaign Uses Data-Mining to Seek Rich Donors

Want to know how Mitt Romney has been so successful in out-fundraising Barack Obama’s campaign? The answer, in part, lies in data.

More specifically, Romney’s campaign has used sophisticated and secretive data-mining techniques to sift through Americans’ personal information — including purchasing history and church attendance — in order to identify new, wealthier donors.

What’s more, the company the Romney campaign has contracted with since at least June to mine this data is an analytics firm that previously worked on behalf of a colleague connected to Bain & Co., the management-consulting firm that Romney was once in charge of. Read 

How Romney’s Plan for Energy Independence Stacks Up

Aug 24, 2012, 2:21 pm EDT
How Romney’s Plan for Energy Independence Stacks Up

An influx of attack ads can only mean one thing: We’re getting ever-so close to election time.

America’s presidential candidates have begun seriously unveiling their various platforms across a variety of issues, the latest of which stem from Republican nominee Mitt Romney’s camp. This past week, the campaign unveiled a 21-page whitepaper giving an overview of the candidate’s energy policies.

Overall, the Romney energy plan calls for less red tape, more traditional fossil fuels production and a call for energy independence by 2020. Read 

What to Do If Washington Takes Your Retirement Dividends Away

Aug 23, 2012, 12:36 pm EDT

While all eyes are on the tight election race between President Barack Obama and Mitt Romney, income-seeking investors had better focus on tax strategies heading into 2013.

There are major worries as the tax cuts signed into law by President George W. Bush are set to expire at the end of this year, considering that control of the two houses in Congress is split. Obama has expressed a desire to extend the tax cuts again — except for individuals earning more than $200,000 a year and couples filing jointly who earn more than $250,000.

For investors, an obvious concern is that their top margin tax rates will increase in 2013. Taxpayers whose current marginal rates are 25%, 28% or 33% will see their top rates increase by 3%. Read 

Did MSNBC Receive Taxpayer Money?

Aug 23, 2012, 11:48 am EDT

According to government records, the Obama administration paid nearly $500,000 in stimulus money to a PR firm to run advertisements on MSNBC promoting the White House’s green job training program.

The Labor Department shelled out $495,000 to McNeely Pigott & Fox Public Relations in 2009. The PR firm then bought advertising on MSNBC’s “Countdown with Keith Olbermann” and “The Rachel Maddow Show.” The ads were scheduled to run 14 times a week for two months.

While it’s impossible to tell if the ads had any indirect influence in drawing people to green job training, the official online entry on the contract for the deal noted zero jobs were directly created as a result. Read 

Winner of Presidential Race Predicted

Aug 23, 2012, 10:18 am EDT
Winner of Presidential Race Predicted

There are plenty of polls, statistical models, and political pundits trying to handicap this fall’s presidential race between President Barack Obama and Republican challenger Mitt Romney. A recently released prediction model, with an outstanding track record, goes against what many of those polls are currently saying.

According to a forecast model created by two University of Colorado professors, Mitt Romney will wind up winning the fall election, earning 320 electoral votes to Obama’s 218. It takes 270 votes to clinch the presidency. This flies in the face of current polling and predictions, which show Obama with a slight lead in most polls and with a more advantageous electoral vote base to build towards 270 electoral votes.

The University of Colorado model takes into account economic factors from all 50 states. Their model is the only one that factors in more than one state-level economic indicator — both national unemployment rates and per capita income. Based on their model, Romney would win every state currently considered a swing state — Florida, Virginia, North Carolina, Ohio, Pennsylvania, Wisconsin, Minnesota, New Hampshire and Colorado — en route to winning the White House. Read 

Homebrewers Demand Obama’s Beer Recipe

Aug 22, 2012, 2:20 pm EDT

Freedom of Information Act (FOIA) requests to access government documents are pretty common in Washington. But probably none has been filed over beer until now.

The government has received a FOIA request from a beer aficionado, demanding to know the ingredients in the White House-brewed beer President Barack Obama carries with him on his presidential campaign, Fox News notes.

Named Honey Blonde Ale and Honey Porter, the White House beer is made with equipment purchased by the president and his wife, and uses honey from the First Lady’s White House garden beehives. Read 

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