The Power of Spitzer's Purse

Here’s one neat explanation of Eliot Spitzer’s move to create a new federal PAC, and of the new leverage it could give him.

From Democratic consultant Evan Stavisky:

“It’s pretty straightforward. In the new Congress, New York’s got a lot of strength and power in the congressional leadership of both houses. But New York’s traditional political strength was that it was a cash machine for federal candidates and the rest of the country…”

“At its core, it’s what politics is about: helping your friends and punishing your enemies. And this gives Governor Spitzer more opportunities to do this.”