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Posts Tagged ‘American Crossroads’

Stunning Statistics of the Week:

  • $7 million: Amount Republican donor Bob J. Perry, who helped finance the Swift Boat Veterans campaign against presidential candidate John Kerry, has given to the conservative group American Crossroads for the upcoming election
  • $4.8 million: Amount given to American Crossroads by Robert Rowling, CEO of a company whose holdings include Omni Hotels
  • $15 million: Amount American Crossroads raised in 43 days
  • $24.1 million: Amount American Crossroads has raised this year

FEC should investigate American Future Fund, groups say

American Future Fund, a conservative nonprofit group pouring money into the 2010 midterm elections, appears to be violating campaign finance law, watchdog groups said in a complaint filed this week with the Federal Election Commission (FEC). The agency should investigate whether American Future Fund must register as a political committee, which would make it subject to recordkeeping, reporting and disclosure requirements.

Stealth PACs database unveiled

With record amounts of secret money being funneled through nonprofit organizations to influence the upcoming elections, Public Citizen has created an Internet database to track the activity. The new Stealth PACs database, available here, tracks more than 100 groups that are working to influence the elections with large contributions from corporations, unions or wealthy individuals in the wake of the U.S. Supreme Court’s January 2010 decision in Citizens United v. Federal Election Commission. That ruling gave corporations the green light to spend unlimited amounts to influence elections (more…)

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Stunning Statistics of the Week:

  • Amount the Democratic Congressional Campaign Committee spent this week in new independent expenditures: $6.6 million
  • Amount the committee has spent to date: $19 million
  • The amount the committee is expected to spend before Election Day: $52 million
  • Amount that just two Republican groups, American Crossroads and Crossroads GPS, have raised to influence the elections: $56 million

FEC should investigate Crossroads GPS for campaign finance law violations, watchdogs say
Crossroads GPS, an organization created by Republican strategists Karl Rove and Ed Gillespie to influence the midterm elections with huge expenditures of money, appears to be violating federal campaign law, Public Citizen and Protect Our Elections told the Federal Election Commission in a complaint filed this week.

SuperPacs are debasing our democracy‎
When the U.S. Supreme Court issued its Citizens United v. Federal Election Commission decision in January, Public Citizen predicted that corporations were sure to accept the court’s invitation to overrun the political process. We were hardly alone in offering this prognostication. Nine months later, we concede: Things are much, much worse than we anticipated. (more…)

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Republican strategist Karl Rove has boasted on Fox News that the two organizations he co-created are great places for donors to turn when they have maxed out on giving to Republican committees trying to influence the upcoming elections. The trouble is, one of Rove’s groups, Crossroads GPS, is not supposed to be focused on political activity because of the tax code under which it was set up. Still, both groups, American Crossroads and Crossroads GPS, are spending like there’s no tomorrow on political ads.

This afternoon, Public Citizen and Protect Our Elections filed a complaint with the Federal Election Commission asking the agency to investigate whether Crossroads GPS is breaking numerous campaign finance laws, including failing to register as a political committee, failing to file committee financial disclosure reports and failing to comply with the political committee organizational requirements. (Read the press release.)

Public Citizen President Robert Weissman said:

“American Crossroads and Crossroads GPS are this year’s poster children for everything wrong with our campaign finance system in the wake of the Supreme Court’s decision in Citizens United v. Federal Election Commission,” said Robert Weissman, president of Public Citizen. “The decision paved the way for unlimited corporate spending on elections, and more generally signaled that Wild West rules now prevail for elections. Yet Crossroads GPS manages to transgress the modest rules still in place, failing to register with the Federal Election Commission as a political committee. We need the FEC to act to redress this apparently wrongful activity. More than that, we need Congress to pass the DISCLOSE Act, so we know which corporations and billionaires are behind the attack ads now polluting our airwaves. We need Congress to pass the Fair Elections Now Act, to replace the private election financing system now poisoning our democracy. And we need a constitutional amendment to overturn the Citizens United decision and get corporate money out of elections.”

The U.S. Supreme Court’s ruling in Citizens United has ushered in (more…)

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