Gavin Aronsen

Gavin Aronsen

Reporter

Gavin is a Mother Jones reporter in the DC bureau.

Full Bio | Get my RSS |

Gavin is an Iowa native, and covered the 2008 first-in-the-nation presidential caucuses for the Ames Tribune. He has also contributed to the Agence France-Presse, Daily BeastIowa Independent, Manhattan Media, and Village Voice.

Charts: Wall Street Blows All Other Political Donors Away

| Thu Jan. 26, 2012 2:24 PM PST

Wall Street's outsized political influence is no secret, but some new data shows just how much it's ballooned. According to the Sunlight Foundation, campaign spending by elite donors from the finance, insurance, and real estate sector has jumped 700 percent in the past two decades, far outpacing individual donations from all other industries.

Sunlight found that donors who give more than $10,000 to candidates, parties, and outside spending groups—the "political one percent of the one percent"—account for 25 percent of total individual contributions. Among those elite donors who work in the so-called FIRE sector, contributions have risen from $15.4 million in 1990 to $178.2 million in 2010. According to data collected by the Center for Responsive Politics, the finance part of the FIRE trio (i.e., Wall Street) accounts for around two-thirds of the sector's donations. (Not surprisingly, a significant chunk of 2012's biggest super-PAC donors are current or former Wall Street execs.)

During the 2008 election cycle, FIRE's top donors gave $328 million, outspending their closest competitors—lawyers—by more than $200 million.

After a brief Democratic fundraising advantage before Barack Obama's election, Republicans are once again reaping the majority of the sector's money.

Take a look at all the charts and findings here.

This post has been updated to more accurately explain the difference between the FIRE sector and Wall Street.

Advertise on MotherJones.com

Candidates Hate Super-PACs (But Love Them, Too)

| Tue Jan. 24, 2012 4:00 AM PST

If you were a candidate, you'd have plenty of reasons to hate super-PACs: They can raise unlimited money to attack you, all while keeping a safe distance from your opponents so that they don't look like mudslingers. On the other hand, you'd also have plenty of reasons to love super-PACs: They can raise unlimited money to attack your opponents, all while keeping a safe distance from you so that you don't look like a mudslinger.

Which explains why Mitt Romney and Newt Gingrich can't seem to make up their minds on whether they want to embrace or erase super-PACs. Where they and the other candidates stand on the 2012 election's big-money groups:

Mitt Romney
Super-PAC relationship status: It's complicated
Last Wednesday, Romney told a South Carolina audience, "It's not that I don't support super-PACs. We raise money for super-PACs. We encourage super-PACs. Each candidate has done that." But during a debate just the day before, he took the opposite view: "We all would like to have super-PACs disappear, to tell you the truth…I think this has to change." And last December, Romney called super-PACs a "disaster," saying that campaigns should be able to raise unlimited funds instead: "We really ought to let campaigns raise the money they need and just get rid of these super-PACs." Yet Romney, whose affiliated super-PACs have poured $11.9 million into the race, has also said that the Supreme Court made "the correct decision" in Citizens United, the decision that paved the way for super-PACs.

Newt Gingrich
Super-PAC relationship status: It's complicated
During a New Hampshire debate in January, Gingrich attacked super-PACs as "totally irresponsible, totally secret, and I think it's a problem." At a campaign stop in the state, Gingrich echoed Romney's call for unlimited campaign fundraising, saying that he'd like to "allow people to donate unlimited after-tax money as long as they report it every single night on the internet." That was before casino mogul Sheldon Adelson dropped $5 million on Winning Our Future, the pro-Gingrich super-PAC that's been going after Romney. Gingrich has called Citizens United "a great victory for free speech." Super-PACs supporting him have spent more than $4 million.

Rick Santorum
Super-PAC relationship status: It's complicated
Santorum recently said that a constitutional amendment to roll back Citizens United "would be against the right to petition your government." Like his rivals, he's criticized the super-PACs attacking him; he described the rhetoric of one pro-Romney group as "just yuck." Yet Santorum may owe his campaign's continued existence to the super-PAC backing him. Billionaire Foster Friess, one of the 2012 election's biggest donors, is a key funder of the pro-Santorum super-PAC the Red White and Blue Fund. (Friess told NPR that he'd prefer a system in which "you or I could give whatever amounts we want directly to the campaign.") So far, pro-Santorum super-PACs have spent $2 million.

Ron Paul
Super-PAC relationship status: Friends
In his book Liberty Defined, Ron Paul criticizes foes of Citizens United: "Those who attack the court's decision say that corporations and unions have no rights of free speech, following the flawed belief that government can regulate commercial speech in advertising." A page later, Paul also decries limits on campaign fundraising, even though "the amount of money being spent on elections is obscene." Pro-Paul super-PACs have spent about $360,000.

Barack Obama
Super-PAC relationship status: Former enemies*
A week after Citizens United was decided in 2010, President Obama criticized the ruling in his State of the Union address. "Last week the Supreme Court reversed a century of law that, I believe, will open the floodgates for special interests, including foreign corporations, to spend without limit in our elections," Obama declared, as Justice Samuel Alito appeared to mouth, "Not true, not true." Last July, an Obama spokesman told the Los Angeles Times that "neither the president nor his campaign staff or aides will fundraise for super-PACs" (a rule that apparently doesn't apply to his former staffers). Last week, in a Politico article detailing how the pro-Obama super-PAC Priorities USA Action is lagging behind those of his GOP rivals, an Obama campaign representative said, "I don't think the president is just ambivalent about his super-PAC. He's flat-out opposed to it." Priorities USA Action spent about $100,000 attacking Romney in South Carolina.

*Update: Obama has since decided that he and super-PACs are frenemies; his campaign plans to help fundraise for Priorities USA Action.

Buddy Roemer
Super-PAC relationship status: Not friends
The former Louisiana governor still hasn't received any debate invites, but he's keeping his campaign alive to decry the influence of money in politics. He routinely criticizes super-PACs on Twitter and starred in a Stephen Colbert super-PAC ad to poke fun at them. Roemer, who has proposed the "elimination of Super PACs entirely," has no super-PAC supporting him.

Video: 6 Bizarro Ads From the Colbert Super-PAC

| Sat Jan. 21, 2012 4:00 AM PST

Last week Stephen Colbert announced that he was exploring a bid for "president of the United States of South Carolina" in advance of the state's Republican primary on January 21. News organizations quickly pointed out that he'd missed the deadline to get on the ballot and that write-in votes were not permitted.

But that didn't stop the pro-Colbert super-PAC Americans for a Better Tomorrow, Tomorrow (now headed by Jon Stewart) from getting into the action. It released an ad endorsing GOP dropout Herman Cain, who's still on the South Carolina ballot.

Check out that ad and five others produced by the Colbert super-PAC as part of its surreal civics lesson.

Before endorsing Cain, Americans for a Better Tomorrow, Tomorrow enlisted John Lithgow (who played a serial killer on Dexter) to narrate an ad about "Mitt the Ripper" killing corporations (which, you'll recall, he thinks are people).

 

After endorsing Cain, the Colbert super-PAC attacked Romney again, adding Newt Gingrich to the mix. "We'll destroy both these guys and their super-PACs with a merciless ad torrent so fierce they'll wish they'd never been incorporated, an orgy of pure distortion leaving nothing behind, with a clean campaign we all deserve," the ad promises.

 

The super-PAC followed that up with a spot narrated by Samuel L. Jackson attacking Colbert. "Enough is enough! I have had it with these money-grubbing super-PACs messing with our Monday-to-Friday elections!" Jackson exclaims, a reference to his famous Snakes on a Plane line.

 

Back when Stephen Colbert still ran his super-PAC, and before releasing ads on the NBA lockout and Buddy Roemer talking about a unicorn, he aired two spots ahead of the Ames Straw Poll. The first warned of a "money storm" that was "gathering over Iowa" and encouraged voters to write-in Rick "Parry"—with an A. (The final straw poll tally didn't mention how many votes Parry received.)

 

The second Cobert Super PAC ad in Iowa, also released before the straw poll, condemned pro-Perry super-PACs for promoting the Texas governor with images of "cheap cornography". Don't worry, the clip is SFW.

 Front page image: Comedy Central

The Price of Newt Gingrich's Ambition

| Tue Jan. 17, 2012 4:00 AM PST
Newt Gingrich

In 1976, fresh off his second failed congressional bid, Newt Gingrich did what any reasonable man in his shoes would have done: He decided that he would run for president, tentatively scheduling his future campaign for 2000 or 2004. "We were all discussing the timing, his age, working out the one-term and two-term presidencies in between," someone close to the then-political novice told Vanity Fair two decades later, shortly after Gingrich had ascended to the position of speaker of the House. "I think the plan is still going. I think he will be president."

Gingrich may have missed his deadline by eight to 12 years, but finally he has realized his plan—well, the campaign side of it, anyway. Along the way, he and his supporters have spent tens of millions in the quest to cement his status in the annals of American political legends. Here's a look at how much money Gingrich and his affiliated political groups (once known as "Newt Inc.") have gone through since the late '80s:

1987-1994: Friends of Newt Gingrich (congressional campaign committee): $6.3 million

1994-1995: GOPAC: $15 million (raised, estimated)

1997-1998: Friends of Newt Gingrich: $7.6 million

1995-1998: Monday Morning PAC: $3.1 million

1997-2000: Friends of Newt Gingrich PAC: $1.6 million

2006-2010: American Solutions for Winning the Future (527): $51.4 million

2009-2012: American Solutions PAC: $794,000

2011-2012: Newt 2012 (presidential campaign committee): $2.5 million

2011-2012: Strong America Now (super-PAC): $125,000

2011-2012: Winning Our Future (super-PAC): $4.2 million

TOTAL, 1987-2012: $92.6 million

That comes out to more than $3.6 million raised or spent annually, on average, since 1987. Which, depending how you look at it, isn't a lot to spend on one's presidential ambitions—or a whole lot to spend on a dream that now looks all but doomed. (Numbers based on data collected by the Center for Responsive Politics, the New York Times, and my colleague Tim Murphy's roundup of Gingrich's shady '90s fundraising operation.)

Tue Jun. 11, 2013 9:09 AM PDT
Mon Jun. 3, 2013 10:01 AM PDT
Wed May. 15, 2013 5:55 PM PDT
Tue Apr. 23, 2013 3:22 PM PDT
Thu Mar. 21, 2013 3:56 PM PDT
Tue Mar. 19, 2013 8:51 AM PDT
Mon Mar. 18, 2013 1:03 PM PDT
Fri Mar. 15, 2013 3:00 AM PDT
Fri Mar. 1, 2013 3:29 PM PST
Fri Feb. 15, 2013 4:01 AM PST
Fri Jan. 11, 2013 4:01 AM PST
Fri Nov. 30, 2012 4:08 AM PST
Thu Nov. 15, 2012 5:00 PM PST