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No Labels
No Labels is an American political organization that supports centrist, bi-partisan policies and politics. The group promoted and helped to start the moderate Problem Solvers Caucus in the U.S. House of Representatives It has also built a similar bipartisan working group in the U.S. Senate.The organization also has invested money in creating a lane for a centrist, independent presidential candidate for the 2024 United States presidential election. Critics of the organization have suggested that No Labels exists primarily to advance the financial interests of the wealthy, pointing in particular to the organization offering large "dark money" campaign donations to members of Congress without disclosing the source of the funds. History and policy proposals No Labels was launched in 2010 by former Democratic fundraiser Nancy Jacobson, with the stated goal of developing and supporting bipartisan, centrist solutions to America's problems. Billionaires Michael Bloomberg and Andre ...
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501(c)(4)
A 501(c) organization is a nonprofit organization in the Law of the United States#Federal law, federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501(c)) and is one of over 29 types of nonprofit organizations exempt from some Taxation in the United States, federal Income tax in the United States, income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions. Many states refer to Section 501(c) for definitions of organizations exempt from state taxation as well. 501(c) organizations can receive unlimited contributions from individuals, corporations, and Labor union, unions. For example, a nonprofit organization may be tax-exempt under section 501(c)(3) organization, 501(c)(3) if its primary activities are charitable, religious, educational, scientific, literary, testing for public safety, fostering amateur sports competition, or preventing cruelty to Child abuse, children or Animal cruelty, animals. Types According ...
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Dan Lipinski
Daniel William Lipinski (born July 15, 1966) is an American politician and political scientist who served eight terms as the U.S. representative for Illinois's 3rd congressional district from 2005 to 2021. A member of the Blue Dog Coalition, Lipinski was one of the most socially conservative Democrats in Congress. A conservative, he did not endorse President Barack Obama in the 2012 United States presidential election. Lipinski opposed legalized abortion and embryonic stem cell research and was one of 39 House Democrats to vote against the Affordable Care Act. He served a district whose Democratic Party electorate became increasingly liberal during his time in Congress, leading to his defeat in the Democratic primary for the 2020 election by Marie Newman. Early life, education, and career Lipinski was born in Chicago, the son of Rose Marie (née Lapinski) and former U.S. Congressman Bill Lipinski. He attended St. Ignatius College Prep, graduating in 1984. He received a B.S ...
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The Daily Beast
''The Daily Beast'' is an American news website focused on politics, media, and pop culture. It was founded in 2008. It has been characterized as a "high-end tabloid" by Noah Shachtman, the site's editor-in-chief from 2018 to 2021. In a 2015 interview, former editor-in-chief John Avlon described the ''Beast''s editorial approach: "We seek out scoops, scandals, and stories about secret worlds; we love confronting bullies, bigots, and hypocrites." In 2018, Avlon described the ''Beast''s "strike zone" as "politics, pop culture, and power". History ''The Daily Beast'' began publishing on October 6, 2008. Its founding editor was Tina Brown, a former editor of ''Vanity Fair'' and ''The New Yorker'' as well as the short-lived ''Talk'' magazine. The name of the site was taken from a fictional newspaper in Evelyn Waugh's novel ''Scoop''. In 2010, ''The Daily Beast'' merged with the magazine ''Newsweek'' creating a combined company, The Newsweek Daily Beast Company. The merger en ...
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John Canning Jr
John A. Canning Jr. is a private equity investor and sports executive. He is the founder and chairman of Madison Dearborn Partners, the large Chicago-based private equity firm. Career Canning was an Early history of private equity, early investor in private equity in the late 1970s and early 1980s. Canning founded Madison Dearborn Partners in 1992. Since then the firm has raised over $14 billion of investor commitments. Prior to founding Madison Dearborn, Canning and his team had previously made private equity investments for First Chicago Corporation. Canning joined The First National Bank of Chicago in 1968 and spent 24 years with the bank serving as Executive Vice President of the bank and later as President of First Chicago Venture Capital, the predecessor of Madison Dearborn. Board Memberships Canning currently serves on the Boards of Directors of * Milwaukee Brewers, Milwaukee Brewers Baseball Club (Canning is a minority owner) * Exelon, Exelon Corporation * TransUnion ...
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Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ...
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Laura Arnold
Laura Arnold (born 1972/1973) is an American philanthropist and co-founder of Arnold Ventures LLC. In addition to serving as co-chair of Arnold Ventures, Arnold also hosts the podcast “Deep Dive with Laura Arnold” and serves as member of the Board of Directors for the REFORM Alliance, an organization that aims to transform probation and parole systems through legislative change. Prior to her work in philanthropy, she was a mergers-and-acquisitions lawyer and an executive at Cobalt International Energy. Career Arnold was a mergers-and-acquisitions lawyer at Wachtell, Lipton, Rosen and Katz in New York. She then worked as executive vice president and general counsel of Cobalt International Energy in Houston until 2006. She has degrees from Harvard (B.A. in government), Cambridge (Masters of Philosophy in European Studies), and Yale Law School (J.D.) and clerked for Judith W. Rogers, judge of the United States Court of Appeals for the District of Columbia Circuit. In 2010, A ...
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John D
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Jo ...
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Enron
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. It was founded by Kenneth Lay in 1985 as a merger between Lay's Houston Natural Gas and InterNorth, both relatively small regional companies. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,600 staff and was a major electricity, natural gas, communications, and pulp and paper company, with claimed revenues of nearly $101 billion during 2000. ''Fortune'' named Enron "America's Most Innovative Company" for six consecutive years. At the end of 2001, it was revealed that Enron's reported financial condition was sustained by an institutionalized, systematic, and creatively planned accounting fraud, known since as the Enron scandal. Enron has become synonymous with willful corporate fraud and corruption. The scandal also brought into question the accounting practices and activities of many corporations in the United States and was a factor in the enac ...
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Yahoo! News
Yahoo! News is a news website that originated as an internet-based news aggregator by Yahoo!. The site was created by a Yahoo! software engineer named Brad Clawsie in August 1996. Articles originally came from news services such as the Associated Press, Reuters, Fox News, Al Jazeera, ABC News, ''USA Today'', CNN and BBC News. In 2001, Yahoo! News launched the first "most-emailed" page on the web. It was well-received as an innovative idea, expanding people's understanding of the impact that online news sources have on news consumption. Yahoo allowed comments for news articles until December 19, 2006, when commentary was disabled. Comments were re-enabled on March 2, 2010. By 2011, Yahoo had expanded its focus to include original content, as part of its plans to become a major media organization. Veteran journalists (including Walter Shapiro and Virginia Heffernan) were hired, while the website had a correspondent in the White House press corps for the first time in February 2012 ...
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Revolving Door (politics)
In politics, a revolving door is a situation in which personnel move between roles as legislators and regulators, on one hand, and members of the industries affected by the legislation and regulation, on the other, analogous to the movement of people in a physical revolving door.It also includes the movement of government personnel into lobbying firms working for these industries, and vice versa. In some cases, the roles are performed in sequence, but in certain circumstances they may be performed at the same time. Political analysts claim that an unhealthy relationship can develop between the private sector and government, based on the granting of reciprocated privileges to the detriment of the nation, and can lead to regulatory capture. The term has also been used in a different context, to refer to the constant switching and ousting of political leaders from offices such as in Australia (which changed Prime Ministers 6 times from 2007-2018) and Japan. Overview Previous wo ...
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Frank Rich
Frank Hart Rich Jr. (born 1949) is an American essayist and liberal op-ed columnist, who held various positions within ''The New York Times'' from 1980 to 2011. He has also produced television series and documentaries for HBO. Rich is currently writer-at-large for '' New York'' magazine, where he writes essays on politics and culture and engages in regular dialogues on news of the week for the "Daily Intelligencer". He served as executive producer of the long-running HBO comedy series ''Veep'', having joined the show at its outset in 2011, and of the HBO drama series '' Succession''. Early life Born on June 2, 1949, Rich grew up in Washington, D.C. His mother, Helene Fisher (née Aaronson), a schoolteacher and artist, was from a Russian Jewish family that originally settled in Brooklyn, New York, but moved to Washington after the stock market crash of 1929. His father, Frank Hart Rich, a businessman, was from a German Jewish family long-settled in Washington. He attended publ ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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