The Oakland City Clerk’s Office has set the spending cap in the Oakland mayor’s race at $95,000 for so-called “independent” committees. The clerk’s office notified candidates yesterday about the spending limit. The cap became news earlier this week when the Express reported that a Sacramento group with close ties to ex-state Senator Don Perata revealed that it had exceeded the spending limit, thereby allowing all candidates, including Perata, to spend as much as they wanted on the mayor’s race.
The Perata-linked group, Coalition for a Safer California, which has launched attacks ads against his competitors, Councilwomen Jean Quan and Rebecca Kaplan, later had to rescind its declaration when it discovered that the cap was not $70,000 as it had thought. The cap was established in 1998 at $70,000, but has grown to $95,000 because of inflation, the clerk’s office said.
However, the Perata-linked group has indicated that it nonetheless plans to exceed the $95,000 cap before the election, thereby allowing the ex-senator to spend as much as he wants to win the mayor's office. In a follow-up letter to the Oakland City Attorney’s Office and the city’s Public Ethics Commission, Paul Kinney of the Coalition for a Safer California described his earlier declaration about exceeding the cap as “premature,” implying that the group plans to go over it at a later date. Kinney also said in the letter that he will alert both city agencies “should we cross the line” — a reference to the $95,000 limit.

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Actually, this is a big story, and while Bob Gammon broke the news about Don Perata's campaign finance shenanigans, it has also been covered by:
Matthai Kuruvila of the SF Chronicle, arguably the best hard news writer on the Oakland politics beat: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/09/14/BA2K1FE0FT.DTL
Cecily Burt, a veteran reporter for the Oakland Tribune:
http://www.insidebayarea.com/oaklandtribune/localnews/ci_16075654
And the Bay Citizen, which produces the content for the New York Times' reports on the Bay Area: http://www.baycitizen.org/politics/story/oakland-mayor-candidates-unite-against/
In short, your attempt to minimize the significance of Mr. Gammon's work is laughable.
Just another hit piece from Robert Gammon, the laziest journalist in the Bay Area.
There is no cap on independent expenditures. It is unconstitutional to cap campaign expenditures, made by anyone. What the $95k is is a 'trigger' that, when reached, releases the candidates from the voluntary caps that they are following.
The 'caps' on official campaign expenditures are, as everyone knows but no one is willing to say, unconstitutional as well to the extent that they are 'mandatory.'
Love the scare quotes on 'independent'. What are you, in 8th grade? If you have evidence of something, please share. Otherwise you might try educating yourself on campaign finance law. This article suggests you don't know much.