Tuesday, October 9, 2018

From Propublica... Super PACS and the hidden money.


 I've written about this at every election cycle. I know our readers are aware of this, but it helps to remind everyone, our democracy is being stolen from us by big money. We're all guilty in some ways, we give money to candidates that we think would be better than the other candidate, but in fact, there's really not that much that separates one from another when it comes to campaign donations. Each side will prostitute themselves for a few million or so. Leaving us peeon's in the fog not seeing who is behind the Super PACS.


https://www.propublica.org/article/the-hidden-money-funding-the-midterms


The Hidden Money Funding the Midterms
Strategies that let super PACs delay revealing their donors until after the election are gaining popularity among both Democrats and Republicans.
by Derek Willis, ProPublica, and Maggie Severns, Politico
This story was co-published with Politico.
Allies of Senate Majority Leader Mitch McConnell used a blind spot in campaign finance laws to undercut a candidate from their own party this year — and their fingerprints remained hidden until the primary was already over.
Super PACs, which can raise and spend unlimited sums of money in elections, are supposed to regularly disclose their funders. But in the case of Mountain Families PAC, Republicans managed to spend $1.3 million against Don Blankenship, a mustachioed former coal baron who was a wild-card candidate for a must-win West Virginia Senate seat, in May without revealing who was supplying the cash.
Find More Super PACs Hiding Money Before the Midterms
See the 63 super PACs this election cycle that have managed to spend money to influence races and postpone telling voters who funded them on FEC Itemizer.
The move worked like this: Start a new super PAC after a deadline for reporting donors and expenses, then raise and spend money before the next report is due. Timed right, a super PAC might get a month or more undercover before being required to reveal its donors. And if a super PAC launches right before the election, voters won’t know who’s funding it until after they go to the polls.
The strategy — which is legal — is proving increasingly popular among Democrats and Republicans. The amount of super PAC spending during the 2016 congressional primaries in which the first donor disclosure occurred after the primary election totaled $9 million. That figure increased to $15.6 million during the 2018 congressional primaries and special elections.

8 Comments:

At October 10, 2018 at 3:32 PM , Anonymous Anonymous said...

This is unbelievable. How can there be loopholes like this that let them get away with hiding this type of info until after the election? What good does it do us after they are already elected

 
At October 10, 2018 at 3:34 PM , Anonymous Anonymous said...

I see how the amounts almost doubled so they are seeing the advantages of this fiscal misfeasance and taking full advantage of it. This is not fair!

 
At October 10, 2018 at 4:02 PM , Anonymous Anonymous said...

Just more reasons to support taking money out of politics. As the saying goes, power corrupts and absolute power corrupts absolutely. Same can be said of money. Money corrupts and lots of money corrupts a lot.

 
At October 10, 2018 at 4:06 PM , Blogger Jim Pillsbury said...

None of them seem to care if we know this or not. The deep pockets will have their way with us. Baker has already amassed 20 million, who could ever match that? Until we stop this, we can look forward to more money dumped into the elections. And how about 2020.. when the billionaires run... We've lost any control we have over them and it's sickening.

 
At October 10, 2018 at 4:42 PM , Anonymous Anonymous said...

How do we change this? I am so tired of hearing people say it is what it is and we are stuck with it. We are not stuck if we are willing to do the work to change things. How do we do that?

 
At October 10, 2018 at 5:30 PM , Anonymous Anonymous said...

Does the League of woman votersV have any suggestions on changing laws that allow things like this? They are a big national organization that might have more push than us little guys. Jim you are on the LWV board arent you? What say the LWV about this issue?

 
At October 10, 2018 at 6:26 PM , Blogger jim pillsbury said...

The League has said they support Q2 but I'v not heard about anything else. But a good question that I will ask the State leadership.

 
At October 12, 2018 at 11:07 AM , Anonymous Anonymous said...

Monday in politics is so much worse now than 20 years ago. We need to change this now!

 

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