Last week, Federal Election Commission (FEC) disclosures for the 2016 Presidential contest confirmed that wealthy Super PAC donors are now spending more than three times as much as small donors. As Politico describes the "gusher of cash" now pouring into American elections from millionaires and billionaires, the "67 biggest donors, each of whom gave $1 million or more, donated more than three times as much as the 508,000 smallest donors combined."
Then, Chuck Lindell of the Austin American-Statesman joins us to discuss today's indictment and arrest of Texas' brand-new Attorney General Ken Paxton (R-Tea Party) on three felony counts related to securities fraud. Thanks to a law Paxton helped pass when he was a member of the TX House, he could now be facing life in prison if convicted on the charges being brought by Special Prosecutors (one of whom was formerly Republican U.S. House Majority Leader Tom DeLay's defense lawyer). The indictment is in response to a complaint filed by one of Paxton's fellow GOP statehouse members. None of that, of course, has kept the state's Republican Party from declaring the entire matter to be a partisan witch hunt.
Lindell also updates us on the status of Texas' even more notorious felony indictment, the one against the state's former Governor and current GOP candidate for the 2016 Presidential nomination, Rick Perry. The trial in that case, Lindells tells me, "could take place as early as December — or right before primary season opens up" in January.
Finally today, President Obama unveiled the new EPA rules for cutting carbon emissions at power plants in all 50 states by some 30% over 2012 levels. Can you hear the wingnut heads exploding?…