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Maxine Waters exploits FEC rules to raise big bucks from California politicians
By Lindsay Young Aug 25, 2010 10:37 a.m.Longtime Democratic lawmaker Maxine Waters has perfected an unusual tactic for fundraising over the years – getting candidates, including some of California’s most prominent political figures, running for state and local offices, to pay as much as $45,000 for her endorsement on election mailers. In this election cycle alone, Waters has raised 59 percent of her campaign’s treasury through these “slate mailers.”
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