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Posts Tagged ‘Money and Democracy Update’

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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