Eddie Mahe News
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Health care, telecommunications and defense industry workers are fueling President Barack Obama’s re-election campaign, even as Wall Street walks away from his candidacy.
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Herman Cain, who ended his presidential campaign following allegations of a sexual indiscretions, left the campaign trail having raised at least $14 million and with money in the bank.
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As Iowa Republicans take in the final appeals before tonight’s caucus voting, one major lesson the candidates will take away: Going negative works.
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For months, Mitt Romney has seldom been challenged on his claim that his leadership at Bain Capital LLC offers evidence that he knows how to create jobs. That has ended as his Republican rivals are accusing him of exploiting companies and firing workers in a quest to make millions.
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A presidential campaign bid, even a failed one, can open doors to lucrative career options, such as former Arkansas Governor Mike Huckabee’s Fox News contract.
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A political action committee backing Republican Newt Gingrich, whose presidential campaign has been hurt by 30-second attack ads, is spending almost 30 minutes targeting rival Mitt Romney’s record in the private sector.
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Herman Cain raised $1.6 million in the five days after sexual harassment allegations surfaced on Oct. 30, showing claims about his conduct as head of the National Restaurant Association in the 1990s aren’t slowing momentum for his presidential bid, his campaign said.
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Companies giving at least $2 million to the Congressional Black Caucus Foundation -- nearly half of its reported 2010 donations -- also backed an organization championing voter identification laws that caucus members say “suppress” minorities’ right to vote.
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Barack Obama raised $59 million for his presidential campaign during the first half of 2007. To match that, prospective Republican challengers to his re- election would need to take in roughly $590,000 a day until June 30 if they entered the race today.
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While Mitt Romney used campaign appearances in Florida’s Republican presidential race yesterday to try to turn the attention back to President Barack Obama, his opponents sought to keep the focus on tax returns showing the former private-equity executive made $21.6 million in 2010.
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