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Friday, August 10, 2012

Republican Party Shills and Their Funding Conduits - Conduit Added

Like many of you, I'm sure, our Inbox is being increasingly flooded with pro-GOP Establishment campaign propaganda. The current stooge, being Mitt Romney. The ads for your vote are more devoted to trashing Obama (that's OK), but offer Romney as a viable alternative stand-in to restore America's liberty. What do you think?

The Romney campaign seems to be pulling out all stops to win back "lesser evil" sympathizers on the internet. We would like to know of other fronts you may have encountered. You can post your authenticated evidence in the Comments below. If accepted, we will append to this list:


Here're are two just today from people who should know better:



 

This is the thirteenth story in an exclusive series about the funding behind politically active tax-exempt organizations that don't disclose their donors. You can read the other stories in the series here.

As of today, spending reported to the Federal Election Commission by groups that aren't required to disclose the sources of their funding has nearly tripled over where it stood at the same point in the 2010 election cycle, according to research by the Center for Responsive Politics.

By Aug. 6, 2010, groups registered as social welfare organizations, or 501(c)(4)s, as well as super PACs funded entirely by them, had reported spending $8.5 million. That figure has soared to $24.9 million in this cycle.

In 2008, nondisclosing groups reported spending $8.3 million at this point in the campaign season.

In addition, the numbers show a clear break from those of previous cycles in that
independent expenditures (ads explicitly calling for the election or defeat of a particular candidate) make up the vast majority of the spending reported by nondisclosing groups. Spending for electioneering communications -- "issue ads" that name a federal candidate and are run within a 60-day window before a general election, or 30 days before a primary or a national party nominating convention -- has fallen as a share of the total.
outsidetotals.JPG That trend is due in part to a U.S. District Court decision March 30 in the case Van Hollen v. FEC, which requires tax-exempt organizations making electioneering communications to disclose "each donor who donated an amount aggregating $1,000 or more to the person making the disbursement." After the decision, some big spenders like the U.S. Chamber of Commerce, which had previously produced only issue ads, changed tack and began running ads that explicitly advocate for or against candidates. As a result, the group can continue to avoid disclosing its donors. 

In fact, no group has reported making a single electioneering communication since the beginning of April, just after the court decision.

Any group claiming 501(c)(4) status under the Internal Revenue Code is supposed to spend less than half its budget on political activity, such as independent expenditures. However, as OpenSecrets Blog has described, some groups spend much of their money on issue ads, and also fund other tax-exempt groups with similar political philosophies that in turn spend their money on advertising...Read more from OpenSecrets>> Spending Reported by Nondisclosing Groups Well Ahead of 2010 - OpenSecrets Blog