National: Goldman Sachs Joins Wall Street to Fund Romney | Bloomberg

Mitt Romney’s investment background, criticized by some of his Republican presidential rivals, is helping him build a financial advantage over them.
In the fourth quarter of last year, eight of the 10 biggest donors to Romney, co-founder of Boston-based Bain Capital LLC, a private-equity firm, worked for banks and investment funds, according to data compiled by Bloomberg based on U.S. Federal Election Commission information released yesterday. Citigroup Inc. (C) employees gave $196,600. Those at JPMorgan Chase & Co. donated $180,518, and Goldman Sachs Group Inc. (GS) workers contributed $106,580.

National: Senate Dems plan super PAC hearings | MSNBC

Senate Democrats decried the influx of millions in unregulated dollars in the 2012 elections, announcing Wednesday that they will hold hearings looking into the impact of super PACs. New York Sen. Charles Schumer, Democrats’ messaging chief in the Senate, announced that the Rules committee will begin hearings this month on super PACs. Joined by Sens. Sheldon Whitehouse (D-RI) and Al Franken (D-MN), Schumer pointed to Mitt Romney’s victory in Florida’s Republican primary as evidence of the outsize influence of super PACs. He then bashed Karl Rove-tied groups American Crossroads and Crossroads GPS for raising money by the millions without having to disclose all of its donors.

Editorials: Congress can fix the Super PAC problem | Salon.com

Election junkies circled January 31st on their calendars months ago — but not because of Florida’s primary today, no matter how important it is to Mitt Romney and Newt Gingrich. Tuesday’s real significance deals with Super PACs — it’s the day “independent” groups, dominating the 2012 election, must file their financial disclosures for the last six months. Candidate-specific Super PACS — which can take unlimited sums from individuals and corporations, and likewise spend without limits — are like nothing seen in any previous election.  They’ve eviscerated the post-Watergate contribution limits that Congress enacted to curb corruption, and they’ve hit the presidential campaign with the force of a freight train.

National: Super PAC takeover? Not so fast, campaigns say | Politico.com

The big money outside groups best known for airing ruthless ads in the early state GOP primaries are elbowing their way onto the turf of presidential campaigns and parties — and some campaigns aren’t happy. In the last few weeks, super PACs and other outside groups supporting Mitt Romney, Newt Gingrich, Rick Santorum, Ron Paul and President Barack Obama launched activities in Florida, other key states, and nationally — including phone banking, field organizing, direct mail, polling, state-of-the-race memos and even surrogate operations — that were once left mostly to the campaigns and parties.

Iowa: Caucus results may threaten first-in-nation status | Des Moines Register

The winner of the 2012 caucuses, we now know, was Rick Santorum. The loser, it’s becoming clear, was Iowa. The certified results released this week from the nation’s first presidential nominating contest revealed that Mitt Romney’s declared eight-vote victory on caucus night was actually a 34-vote defeat. They revealed that eight voting precincts went missing in action, and their votes will never be counted. And they were accompanied by evolving statements from the Republican Party of Iowa, which, having initially called the race for Romney, first declared this week’s result a “split decision” and only later acknowledged victory for Santorum.

National: The winner of South Carolina’s primary: Super PACs | baltimoresun.com

It has been two years since the Supreme Court issued its decision in the case Citizens United v. Federal Election Commission, and we are only now just beginning to see how its overturning of a century of campaign finance law is distorting the electoral process. Rather than acting truly independently of campaigns, as the majority of justices envisioned, these entities exclusively act on behalf of individual candidates — and are typically run by former aides. Rather than encouraging the universal right of free speech, the ruling has had the effect of providing a megaphone for the rich to drown out all other voices.

Iowa: The Semantics and Statistics of Santorum’s Win in Iowa | 538/NYTimes.com

Amid the swirl of developments on Thursday came word from the Iowa Republican Party that it had certified the results from the state’s Jan. 3 caucuses — and that Rick Santorum, not Mitt Romney, had gotten more votes. Mr. Santorum received 29,839 votes in the state’s certified tally, 34 more than Mr. Romney, who had 29,805. Iowa Republicans were hesitant to deem Mr. Santorum the winner, however. Early Thursday morning, the state party chairman, Matt Strawn, instead described the result as having been “too close to call.” Later, Mr. Strawn was somewhat clearer. “One thing that is irrefutable is that in these 1,776 certified precincts, the Republican Party was able to certify and report Rick Santorum was the winner of the certified precinct vote total by 34 votes,” he told reporters, He cautioned, however, that there was ambiguity in the outcome because the results from eight other precincts were unaccounted for and had never been certified. How safe is it to assume that Mr. Santorum in fact won? And does any of this matter, other than to historians and data geeks?

Iowa: Who won the Iowa primary – and does it matter from a technical perspective? | Jeremy Epstein/Freedom to Tinker

As Americans know, the 2012 presidential season began “officially” with the Iowa caucuses on January 3. I say “officially”, because caucuses are a strange beast that are a creation of political parties, and not government. Regardless, the Republican results were interesting – out of about 125,000 votes cast, Mitt Romney led by eight votes over Rick Santorum, with other contenders far behind. The “official” results released today show Santorum ahead by 34 votes. However, it’s not so simple as that.

National: More voters casting ballots early – early voting benefits campaigns with money, manpower | USAToday.com

When South Carolina voters cast their ballots in the Republican presidential primary Saturday, they’ll have company. That same day, Florida Republicans can begin in-person voting for the state’s Jan. 31 primary, joining more than 100,000 state residents who already have cast absentee ballots. As the votes are counted in Florida on Jan. 31, voters in Ohio and other states with primaries on March 6 — Super Tuesday because of its 10 GOP primaries and caucuses — will begin absentee voting. That week, voters can vote early in Arizona for its Feb. 28 primary. Later in February, polls will open for early voting in the March 6 Georgia and Tennessee primaries.

Editorials: ‘Super PACs’ dominate the political landscape | latimes.com

Trevor Potter is an unlikely repeat guest for a late-night comedy show. As the former chairman of the Federal Election Commission, the courtly Washington lawyer is a leading expert on campaign finance law — not the kind of material that generates a lot of laughs. So the fact that he’s appeared seven times on “The Colbert Report” in the last year, helping host Stephen Colbert set up his own “super PAC” as part of a mischievous political parody, underscores an unexpected development in the 2012 presidential race: Super PACs have seized the zeitgeist.

Iowa: Santorum Didn’t Win Iowa By 34 Votes — He Won By 69 | TPM

The Iowa state GOP says their certified results show Rick Santorum winning by a 34-vote margin over Mitt Romney, a reversal of Romney’s reported caucus night lead of 8 votes — but the party has nevertheless called the result a “split decision,” citing the matter of 8 missing precincts. But those precincts aren’treally missing. “I can’t speculate without documentation from the missing eight,” Iowa GOP chairman Matt Strawn told the Des Moines Register. “The comments I made at 1:30 a.m. Jan. 4 congratulating both Mitt Romney and Rick Santorum still apply. I don’t think the certified vote totals take anything away from either Governor Romney or Senator Santorum.”

Iowa: Recount gives Santorum edge in Iowa caucuses | Washington Times

In a stunning turn of events, Rick Santorum now appears to have won the Iowa caucuses, though the state’s Republican Party says there are too many holes in the results for them to ever be able to say for certain. The party, which runs the caucuses, has done a recount since the Jan. 3 voting, and told the Des Moines Register the tally now shows Mr. Santorum up by 34 votes. On caucus night the party said Mitt Romney had won by eight votes. The news dents Mr. Romney’s air of inevitability — he had claimed he’d gone two-for-two in the first nominating contests, and was poised to try to land a knockout punch with a victory in South Carolina’s primary on Saturday. Still, he was claiming a victory of sorts Thursday morning.

Iowa: Recount shows Santorum won in Iowa, but officials call it a tie | Pittsburgh Post-Gazette

Former Pennsylvania Sen. Rick Santorum wound up with a 34-vote lead in the Iowa caucuses, reversing the 8-point margin for former Massachusetts Gov. Mitt Romney that had been reported in the small hours of the morning of Jan. 4. But Iowa Republican officials are still calling the results a tie, in that the official tallies from eight precincts are still missing from the certified count completed two weeks after the 1,774 precincts reported. Mr. Santorum claimed victory on Twitter. “Thank you Iowa for the win!” read a tweet from the official @RickSantorum account. “I encourage enveryone to join our fight in South Carolina! Game on!”

Iowa: Iowa caucus count unresolved – Santorum finished ahead by 34 votes but 8 precincts’ numbers will never be certified | Des Moines Register

It’s a tie for the ages. There are too many holes in the certified totals from the Iowa caucuses to know for certain who won, but Rick Santorum wound up with a 34-vote advantage. Results from eight precincts are missing — any of which could hold an advantage for Mitt Romney — and will never be recovered and certified, Republican Party of Iowa officials told The Des Moines Register on Wednesday.

National: Is Citizens United just misunderstood? | Salon.com

This week marks the two-year anniversary of the Supreme Court’s ruling in the case of Citizens United v. Federal Election Commission, which struck down part of the 2002 McCain-Feingold election law. Never has the ruling been as salient as it is now in the national political discussion. The Occupy movement has taken aim at the decision, blaming it for allowing the “1 percent” to exercise unprecedented control over the political process. Meanwhile, the decision has been widely cited as paving the road for the super PACs that are dominating the Republican primary, now evenoutspending candidates’ official campaigns in South Carolina. All of which contributed to my interest in a letter sent to the New York Times this week by Floyd Abrams, a longtime First Amendment lawyer who represented Sen. Mitch McConnell in the Citizens United case and argued that part of the McCain-Feingold law was unconstitutional. Abrams has been involved in many landmark cases, notably representing the Times in the Pentagon Papers case in the early 1970s.

National: Super PACs: GOP rivals reap benefits of groups they claim to disdain | The Washington Post

To hear the Republican presidential candidates tell it, they’ve already lost control of their campaigns to outsiders. Mitt Romney and other hopefuls vying for the GOP nomination are complaining in unison about the dominant role being played by super PACs, new independent groups that are shifting the landscape of the 2012 elections with a torrent of negative and often inaccurate attack ads. Then again, this could all be so much bluster. Even as they complain about super PAC ads, the candidates seem happy to repeat the attacks that the ads contain — aiming to reap the political benefits from groups with no direct accountability to the public.

Editorials: Mitt Romney’s flawed plan to ‘fix’ campaign financing | The Washington Post

Mitt Romney has a prescription for the super PAC problem: Allow political candidates to collect unlimited donations, instead of having the funds funneled to supposedly independent groups. “Let campaigns then take responsibility for their own words,” Mr. Romney said at Monday’s debate. He raises an intriguing question: Given the Supreme Court’s flawed interpretation of the First Amendment — that campaign spending equals speech; that independent expenditures on behalf of candidates, even by corporations, therefore cannot be limited — would the campaign finance system be better off with a regime of no limits plus full and timely disclosure of donations? In other words, a world where the $5 million check can go directly to the candidate? As Mr. Romney put it, “Wouldn’t it nice to have people give what they would like to to campaigns, and campaigns could run their own ads and take responsibility for them?”

Iowa: Did Rick Santorum Win the Iowa Caucuses, Not Mitt Romney? | The Daily Beast

Did Rick Santorum win the Iowa caucus? That’s what it looks like if numbers from a caucus in the town of Moulton, Appanoose County, are correctly counted when the official certification begins Wednesday night. This not only would rewrite the election history of 2012 to date—it would invalidate the oft-repeated line that Mitt Romney is the only candidate to win both Iowa and New Hampshire. It would stop the inevitability narrative in its tracks. This possibility has the Iowa state GOP under new scrutiny as they begin the official certification process, which they have promised to complete by the end of the week. The national media to date has largely dismissed this story—which was first reported by local Des Moines station KCCI—apparently choosing to trust the state GOP’s initial off-the-record assurances that the story had zero credibility.

Iowa: Recount may boost Santorum | Washington Times

This could change the narrative a bit: A recount of the Iowa caucus vote could give the former Pennsylvania Sen. Rick Santorum the victory over front-runner Mitt Romney, who eked out an eight-vote win in the initial count. The Iowa Republican Party is in the process of certifying the results of the opening round of the GOP nomination fight, which could end up tweaking the initial storyline and erasing Mr. Romney’s place in the history books as the first non-incumbent to score back-to-back wins in Iowa’s caucuses and New Hampshire’s first-in-the-nation primary.

National: Super PACs dominate Republican primary spending | Washington Post

South Carolina voters are being buried this week under an avalanche of combative and often nasty political commercials from super PACs, funded by a tiny group of super-rich donors with very particular interests in the state’s Republican presidential primary. Hedge-fund king John Paulson, who donated $1 million to a group backing former Massachusetts governor Mitt Romney, would very much like to see President Obama’s financial reforms repealed. The Marriott brothers, who also gave $1 million to a pro-Romney super PAC, have lobbied Washington for favorable tax and immigration policies through their hotel companies. And casino magnate Sheldon Adelson recently dashed off a $5 million check to a group backing former House speaker Newt Gingrich (Ga.), marking what may be the largest single political contribution in U.S. history. Adelson is well known for supporting hard-line policies favoring Israel while also advocating measures that would benefit the gambling industry.

Iowa: Did Romney win Iowa’s caucuses? Definitive answer may never come | The Des Moines Register

The waiting game continues for Iowans — and Republican presidential candidates — who want to know if Mitt Romney really won the Iowa caucuses two weeks ago today. Counties have until the close of business Wednesday to get their official paperwork with caucus results to the Republican Party of Iowa, and certification should be wrapped up by the end of this week, party officials said Monday. Even then, it’s possible there will always be a question mark hanging over the race.

Iowa: Final count could show Romney lost Iowa | Washington Examiner

It’s conventional wisdom in Republican circles here in South Carolina that if Mitt Romney wins the state’s primary this Saturday — having already won in Iowa and New Hampshire — he’ll be the GOP presidential nominee. But what if Romney did not actually win Iowa? That could change the calculation considerably. And there is a very real chance that the Republican Party of Iowa will announce this week that Rick Santorum, and not Romney, won the Iowa caucuses. Results released on caucus night — actually, at 2 the next morning — showed Romney won by eight votes, 30,015 to Santorum’s 30,007. Many observers assumed that those results were final, especially when party officials said there would be no recount. But the results were not final.

Virginia: McDonnell and General Assembly lobbied to allow write-ins on presidential ballots | Washington Post

A coalition of tea party leaders and activists are lobbying the General Assembly and Gov. Bob McDonnell to change election law to allow write-in votes on the March 6 presidential primary ballot. Sen. Frank M. Wagner (R-Virginia Beach) introduced a bill last week that would change existing law to allow for write-ins in both primary and general elections. The groups are asking voters to sign petitions supporting the bill. In order for the bill to be effective March 6, it would require four-fifths of legislators to approve, which is unlikely to happen. Legislative leaders in both chambers say it’s not a priority. Only former Massachusetts governor Mitt Romney and Rep. Ron Paul (Tex.) qualified for the Virginia ballot.

National: Santorum hits Romney over voting rights attack ads | The Hill

Rick Santorum engaged Mitt Romney in a testy exchange over what the former Pennsylvania senator believed was an unfair attack on his record towards felon voting rights, providing early fireworks at Monday’s GOP debate. Santorum cited an ad by a pro-Romney Super-PAC that criticized him for voting in favor of a federal law that would reinstate voting records for felons who had completed their sentences and any required probation or parole. Citing that criticism, Santorum asked Romney if he believed “people who are felons who have served their time who’ve extended and exhausted their parole and probation, should they be given their right to vote?”

Illinois: Perry, Santorum could be knocked off Illinois ballot | Chicago Sun-Times

White House hopeful Rick Perry did not file correctly for the March 20 Illinois primary “beauty contest,” and some of rival Rick Santorum’s delegate slates are short of signatures, leaving them open to challenges that could knock them off the ballot. Illinois law requires candidates to file using their home addresses. Perry, the Texas governor whose candidacy may not survive through Illinois, used a post office box in Austin, Texas, for an address.

Iowa: Rick Santorum: I might win Iowa caucuses recount | Politico.com

Rick Santorum says the Iowa caucuses may not be over yet. Eleven days after he was declared a very narrow second place finisher — behind Mitt Romney by just eight votes — the former Pennsylvania senator predicted Saturday at a town hall meeting in here that a recount could put him on top. After a long count that went deep into the night on Jan. 3, Iowa GOP chairman Matt Strawn announced the results that had Santorum behind Romney. But Santorum says he’s getting the feeling that he may still edge ahead.

Editorials: The power of super PACs | The Washington Post

“Well, of course, it’s former staff of mine. And, of course they’re people who supportme. They wouldn’t be putting money into a PAC that supports me if they weren’t people who support me.” That was former Massachusetts governor Mitt Romney in Sunday’s “Meet the Press” debate on NBC, asked about millions of dollars’ worth of ads being run on his behalf by a super PAC called “Restore Our Future.” Mr. Romney, with his casual “of course it’s former staff of mine,” offered about as succinct an illustration as we’ve seen of the flimsiness of the fiction that separates these candidate-specific super PACs from the candidates and of the danger that this development poses to a campaign finance system premised on limited contributions and full disclosure.

New Hampshire: Ballot order not a boon to Romney | The Washington Post

Mitt Romney may be favored in the New Hampshire primary, but the state’s ballot may hurt the former Massachusetts governor’s bid to meet the lofty expectations that he carries into the contest. Romney appears third from the bottom of the list of 30 candidates in the state’s Republican presidential primary. It’s a position likely to drag down Romney’s numbers, according to research by Stanford professor Jon Krosnick.

Virginia: Federal judge says to wait on Virginia GOP ballot | Richmond Times-Dispatch

A federal judge has ordered Virginia’s 134 local electoral boards not to mail out any ballots for the March 6 Republican primary until after a hearing Friday. U.S. District Judge John A. Gibney Jr. also told the Virginia State Board of Elections to direct the local boards to refrain, to the extent possible, from printing ballots until the hearing on Texas Gov. Rick Perry’s emergency challenge can be held.

Editorials: Super PACs: The WMDs of Campaign Finance | Ben W. Heineman/The Atlantic

Super PACs can receive unlimited contributions and make unlimited campaign expenditures for or against a candidate, often with actual donors hidden from view. This election year will see an exponential growth in their number and in the funds available to them. Partisans from left and right will use them. No reforms to limit them will occur. And there is a looming war of attrition as the negative, superficial cannonading of Super PACs in political ads threatens to obliterate any semblance of a policy debate.

Exhibit A (we will likely run the alphabet this year) is Restore Our Future, the Super PAC organized by the political director of Mitt Romney’s 2008 campaign and supposedly “independent” of the Romney campaign itself. On November 30, 2011, Newt Gingrich led Mitt Romney in Iowa by a 14 percentage point margin (31 percent to 17 percent), per a New York Times/CBS poll. In the next 30 days, Restore Our Future spent more than $3 million on negative, anti-Gingrich ads — twice the amount spent by the Romney campaign itself. The final result: Romney in first (barely) with 25 percent of the vote, Gingrich in fourth, with 13 percent of the vote.