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A fundraiser for New York City Comptroller John C. Liu was arrested Wednesday morning on suspicion of misrepresenting the origins of campaign donations. The arrest bodes poorly for Liu—the city's chief officer in charge of revenue and audits, pictured above—who is considered a possible successor to Mayor Michael Bloomberg.

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This is just the kind of news that doesn't bode well for the state of democracy in America: New York City Mayor Michael Bloomberg shelled out $102 million of his own money in his recent successful (albeit close) run for re-election. That shakes out to about $183 per vote, and the final tally may still rise.

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