The Pardu

The Pardu
Watchful eyes and ears feed the brain, thus nourishing the brain cells.
Showing posts with label FEC. Show all posts
Showing posts with label FEC. Show all posts

Monday, September 16, 2013

Open Secrets: Dark Money


The following is a re-blog from Open Secrets Dot Org.  

The piece is as relevant to US politics and US society as state and federal government.  Money is flowing into US politics at an alarming and dangerous rate.  Ultimately, lobbying dollars and political contributions work for business entities and special interest groups. There are few to no organizations, which pour money into Congress on behalf of "The People." It just does not happen comparable to money funneled to support 360 degree wealthy accumulation by the nation's Top 20% (ers). 

As is the case with all 'high information", the following is not a quick read.  Of course, we are aware, people really do not like long reads. Well, there are times when our tendencies contribute to "low information." Do you want to live your life as do most Fox News viewers? How about Beck viewers and listeners?  Or, better yet, people who visit Breitbart News Dot Com and actually feel they are being informed vs. entertained.  In fact, entertainment and political posturing is the basic media model for each of the three entities. 

Open Secrets, nor  do we have an answer to the horrors of purchased legislation, purchased votes, and purchased politicians However, we feel an obligation to inform. When information flows, good things eventually happen. What we do know is Citizens United open a door that leads to nothing the horrors of plutocracy. As the IRS attempted to investigate the legitimacy of the Citizens United money flood, it became immersed in conservative, "hands-off" our SCOTUS decision rhetoric  that lingers even today. 

Update, Sept. 11: For clarity, we have added two paragraphs to this story (see *) explaining that the IRS and FEC definitions of political spending are not identical, and have rephrased headlines to two charts.

Building on our previous work on "dark money" nonprofits, the Center for Responsive Politics is rolling out new information on the activities of these groups that are playing an increasing role in U.S. elections. 

Dark money groups -- politically active 501(c)(4) social welfare organizations and 501(c)(6) trade associations that, under tax law, don't have to disclose their donors -- aren't supposed to spend the majority of their resources on politics. But over the last six years, a combination of Supreme Court decisions that loosened restrictions on their electoral activity, coupled with regulatory confusion, has led to a surge in their political expenditures. Direct spending on federal elections by 501(c)(4) and 501(c)(6) groups has risen from $10 million in 2004 to well over $300 million in 2012 -- and that's just counting what they reported to the Federal Election Commission, which doesn't include all of their political spending.

And the nature of their activity has changed in recent elections. Nearly half of the political spending by these groups in 2004 went for communications to their own members -- what the FEC calls "communication costs." Now, it shows up almost entirely in the form of negative, often misleading ads aimed at influencing the outcome of elections. In 2012, only 2 percent of the spending by these groups was directed at their own members. 

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Monday, November 14, 2011

Cain Campaign Claims $9 Million In Contributions During October, But Has Anyone Independently Verified That?


Cross Posted from www.Addictinginfo.org

November 12, 2011

Cain Campaign Claims Record Campaign Contributions During Troubled Times

Paul Blumenthal of HUFFPOST Politics has again published an article about the growing popularity of Herman Cain. The article is worthy of special attention; it is about campaign donations to the Cain campaign.

As the GOP shifts through its ‘pack’ of potential candidates, Cain remains at the top of the list (with Mitt Romney).  Cain’s continued status at the top of the pack is intriguing.

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