What we do know about the GOP's secret money tsunami
By Justin Elliott
Salon
There's been a lot of (justified) hand-wringing this election cycle about the anonymity of the donors pouring millions of dollars into ad campaigns that more often than not target Democrats.
But in the increasingly infrequent cases when the curtain is lifted, we find that the usual suspects -- deep-pocketed business interests and super-rich conservative ideologues -- are funding the outside groups that are attacking Democrats and boosting Republicans around the country.
As one campaign finance watchdog told the Washington Post Sunday, "Clearly what you're seeing with some of these reports is the tip of the iceberg. But even when you see the tip of the iceberg, you have a pretty good idea of what the rest of the iceberg is likely to look like."
We've documented here how the financing of the Karl Rove-backed American Crossroads -- at least the small chunk of it for which donors are disclosed -- has come almost entirely from a handful of billionaires. For example, Dallas oilman (and billionaire) Trevor Rees-Jones has given Crossroads at least $2 million this year. The group has been running ads in nearly every major race in the country.
(More here.)
Salon
There's been a lot of (justified) hand-wringing this election cycle about the anonymity of the donors pouring millions of dollars into ad campaigns that more often than not target Democrats.
But in the increasingly infrequent cases when the curtain is lifted, we find that the usual suspects -- deep-pocketed business interests and super-rich conservative ideologues -- are funding the outside groups that are attacking Democrats and boosting Republicans around the country.
As one campaign finance watchdog told the Washington Post Sunday, "Clearly what you're seeing with some of these reports is the tip of the iceberg. But even when you see the tip of the iceberg, you have a pretty good idea of what the rest of the iceberg is likely to look like."
We've documented here how the financing of the Karl Rove-backed American Crossroads -- at least the small chunk of it for which donors are disclosed -- has come almost entirely from a handful of billionaires. For example, Dallas oilman (and billionaire) Trevor Rees-Jones has given Crossroads at least $2 million this year. The group has been running ads in nearly every major race in the country.
(More here.)
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