1. BIG MONEY

    Obama Campaigners Want Super PAC

    WASHINGTON, DC - JANUARY 17:  (AFP OUT) U.S. President Barack Obama (C) meets with his Council on Jobs and Competitiveness, group of business leaders tapped to come up with job-spurring ideas, including White House Chief of Staff William Daley and General Electric CEO Jeffrey Imelt in the State Dining Room at the White House January 17, 2012 in Washington, DC. Headed by Imelt, the council released a report with suggestions, including investment in education and research and development, support for the manufacturing sector and reform in the tax and regulatory systems.  (Photo by Chip Somodevilla/Getty Images)

    Chip Somodevilla / Getty Images

    President Obama’s super PAC is far from super, and that has some of his aides worried. Priorities USA Action has raised only about $5 million through the first half of last year, far less than the $12 million raised by Romney's super PAC. But after watching the devastating effectiveness of Romney's super PACs against Newt Gingrich, some of Obama's top campaign officials tell Politico they're worried. “I don’t think the president is just ambivalent about his super PAC,” says South Carolina Democratic chairman Dick Harpootlian, a member of the Obama campaign's national finance committee. “He’s flat-out opposed to it.” But, pointing to Romney's organization, he says that opposition is “dangerous.” “We can’t unilaterally disarm.”

    Read it at Politico