In today's financial news....
The daily late contribution report at the Secretary of State's Web site is a must read for political watchers this time of year. Among the info gleaned from today's reports:
* The contest in the 61st Assembly District, once a targeted race by Republicans, is no longer a contest. Democratic incumbent Gloria Negrete McLeod is confident enough of victory that she donated $26,600 to the San Diego County Democratic Central Committee.
* Democrats still see the 35th Assembly District race in Ventura and Santa Barbara counties as a major struggle. The Riverside County Democratic Central Committee contributed $10,000 to the campaign of Pedro Nava. Earlier, Nava had been the beneficiary of a $75,000 contribution from the Santa Clara County Democratic Central Committee.
* It turns out that $10,000 Democratic contribution to Ferial Masry reported in today's Ventura County Star (see story,) came not from the state Democratic Party, but from the Sacramento County Democratic Central Committee.
Republicans showed the way in 2002 in how to use county central committees as conduits for receiving and making contributions, and the Democrats have picked up the tactic this year. They are important because, as a party entity, the county central committees can recieve and make unlimited contributions to candidates.