Welcome login | signup
Language en es fr
OccupyForum

Forum Post: Two Dark Money Groups Outspending All Super PACs Combined

Posted 12 years ago on Aug. 15, 2012, 4:32 p.m. EST by LeoYo (5909)
This content is user submitted and not an official statement

Two Dark Money Groups Outspending All Super PACs Combined

Wednesday, 15 August 2012 13:16 By Kim Barker, ProPublica | News Analysis

http://truth-out.org/news/item/10922-two-dark-money-groups-outspending-all-super-pacs-combined

Two conservative nonprofits, Crossroads GPS and Americans for Prosperity, have poured almost $60 million into TV ads to influence the presidential race so far, outgunning all super PACs put together, new spending estimates show.

These nonprofits, also known as 501(c)(4)s or c4s for their section of the tax code, don't have to disclose their donors to the public. The two nonprofits had outspent each of the other types of outside spending groups in this election cycle, including political parties, unions, trade associations and political action committees, a ProPublica analysis of data provided by Kantar Media's Campaign Media Analysis Group, or CMAG, found.

Super PACs, which do have to report their donors, spent an estimated $55.7 million on TV ads mentioning a presidential candidate, CMAG data shows. Parties spent $22.5 million. Crossroads GPS, or Crossroads Grassroots Policy Strategies, is the brainchild of GOP strategist Karl Rove, and spent an estimated $41.7 million. Americans for Prosperity, credited with helping launch the Tea Party movement, is backed in part by billionaire brothers David and Charles Koch, and spent an estimated $18.2 million. Campaign-finance reform advocates say the spending by the two organizations highlights the role anonymous money is playing in this election, which will be the most expensive in history.

"First of all, it shows how much desire there is for secrecy among huge donors who want to be able to spend money to influence this election without leaving any fingerprints," said Fred Wertheimer, who runs Democracy 21, a watchdog group. "Secondly, it shows that so far, there is an enormous advantage being played in this election by just two groups that are exercising undue influence in the elections." In an email, Jonathan Collegio, a spokesman for Crossroads GPS, defended the group's work. Wertheimer's concern reflected partisan bias, he charged.

"Liberal partisans are attacking conservative nonprofits for doing the same things that environmentalist groups, anti war groups, and labor groups have been doing for years without a single complaint," Collegio wrote.

Americans for Prosperity did not respond to a phone call or an email. Conservative social-welfare nonprofits have spent about $70 million on TV ads in the election cycle so far, compared to just $1.6 million by liberal groups, CMAG data shows.

The totals spent are based on data collected by Kantar Media's Campaign Media Analysis Group, or CMAG. The totals reflect estimates of expenditures on broadcast TV ads and differ from totals reported to the Federal Election Commission.

2 Comments

2 Comments


Read the Rules
[-] 1 points by EFFOFFnwo (8) 12 years ago

This is outrageous! Will elections ever be honest again?!?

[-] 1 points by TrevorMnemonic (5827) 12 years ago

I don't even know what an honest election is like. I have yet to see one.