This Week in Dark Money

<a href="http://www.flickr.com/photos/hikingartist/5727282498/">Frits Ahlefeldt-Laurvig</a>/Flickr

A quick look at the week that was in the world of political dark money

Americans turned off by super-PACs: A new survey from the Brennan Center for Justice finds that 65 percent of respondents say they trust the government less since they feel super-PACs have more power than the people. And 26 percent, particularly “communities of color, those with lower incomes, and individuals with less formal education,” say they’re less likely to vote this year because of it.

Megadonors step up to the plate: iWatch News reports that seven wealthy men and three cash-heavy organizations have contributed a third of all super-PAC money (and just 46 donors are responsible for $110 million). iWatch has immortalized the top donors with their own interactive trading cards. This rookie Sheldon Adelson looks like a keeper.

Wall Street bullish on super-PACs: Meanwhile, the Center for Responsive Politics finds that the securities and investment industry continues to blow other industries away in the big money game. Casinos are number three, thanks to Adelson.

Coming to a race near you: As Mother Jones’ Andy Kroll reports, a growing number of super-PACs are funneling cash into state and local races in efforts to oust congressional incumbents and influence smaller campaigns. The trend promises to create new problems wth campaign finance disclosure, which is inconsistent and often lacking at the state level.

Using dark money to hide dark money: Andy Kroll also reports that Crossroads GPS, the dark money outfit cofounded by Karl Rove, doled out $2.75 million to the Center for Individual Freedom, which fights dark-money disclosure laws. A Washington Post analysis finds that Crossroads GPS, which does not disclose its donors, has spent $12.6 million on anti-Obama ads so far. Meanwhile, Crossroads GPS’s super-PAC affiliate American Crossroads has released a new ad, a racially tinged attack that casts the president as being too “cool.”

Latest stats from the money war: As supporters of Obama and Mitt Romney max out their legally allowed donations to the candidates, they’re turning to super-PACs to keep the money flowing. So far, Obama and the Democrats have raised more campaign money, but pro-Romney and conservative super-PACs have a cash advantage.

More MotherJones reporting on Dark Money

THE BIG QUESTION...

as we head into 2020 is whether politics and media will be a billionaires’ game, or a playing field where the rest of us have a shot. That's what Mother Jones CEO Monika Bauerlein tackles in her annual December column—"Billionaires Are Not the Answer"—about the state of journalism and our plans for the year ahead.

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THE BIG QUESTION...

as we head into 2020 is whether politics and media will be a billionaires’ game, or a playing field where the rest of us have a shot.

Please read our annual column about the state of journalism and Mother Jones' plans for the year ahead, and help us build an alternative to oligarchy by supporting our people-powered journalism with a year-end gift today.

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