This Week in Dark Money

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

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

Citizens United fever: The debate over the controversial Supreme Court ruling continues. Curious how it could be undone? Check out our DIY guide to ditching the ruling. For more details, iWatch News reports on the argument over whether a constitutional amendment is the best way to overturn it. MoJo‘s Andy Kroll explores whether Sen. John McCain (R-Ariz.), who just asked Supreme Court to reconsider its decision, is reclaiming his status as a campaign-finance reformer. Meanwhile, dark-money fans are lining up to tell the court not to touch Citizens United

Going soft on Obama (sort of): The New York Times’ Jeremy Peters deconstructs the latest ad from Karl Rove’s Crossroads GPS, in which a mom complains that President Obama’s policies have forced her grown children to move back home. The ad’s partly the work of Larry McCarthy, the producer of the infamous 1988 Willie Horton ad:

McCarthy’s new ad, though, strikes a far softer tone. It repeatedly uses the word “change” and breaks from the attack-ad norm by employing professional actors.


Oppo-research group targets Dems:
Andy Kroll reports on Media Tracker, a “nonpartisan” opposition-research group founded by  to dig up dirt on Democrats that can be used in attack ads. “I’m talking about creating long-lasting impact for the conservative movement,” says its founder, a former Republican National Committee staffer. Meanwhile, the Obama campaign has a sophisticated ad shop ready to fight back against the likes of Media Trackers, Slate‘s Sasha Issenberg reports.

Where are the liberal megadonors? Also at Slate, Dave Weigel takes a look at why the super-PAC-fueled ideological purging of unworthy GOP candidates isn’t happening on the left. As Michael Vachon, spokesman for conservatives’ favorite boogeyman George Soros, explains, “The reason there’s not a Club for Growth-like organization on the left is that there is a greater diversity of views in the Democratic Party than there is in the Republican Party. There’s less of a hierarchically enforced ideological structure.” 

Super-PACs keep the money flowing to state races: The Sunlight Foundation’s Anupama Narayanswamy reports that super-PACs spent nearly $1 million ahead of Tuesday’s primaries in Arkansas and Kentucky. A 21-year-old millionaire’s pro-Ron Paul super-PAC provided the majority of the $766,000 in outside spending that propelled Republican congressional candidate Thomas Massie to victory in the Bluegrass State. (MoJo‘s Tim Murphy has more his group here. Watch a campaign ad below.) Meanwhile, real-estate interests have spent a “mind boggling” $700,000 attempting to oust a 14-year incumbent in a Republican House primary in California.

A Wall Street slump for Romney: Barack Obama’s difficult relationship with Wall Street donors is well known. Now Mitt Romney is having troubles too, reports the Center for Responsive Politics. Since April, the securities and investment industry has been donating significantly less to his campaign as well as the pro-Romney super-PAC Restore Our Future. But Romney is still outraising Obama, who took in just $166,000 from the financial industry last month (and less from Silicon Valley, too).

More Mother Jones reporting on Dark Money

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WE'LL BE BLUNT.

We have a considerable $390,000 gap in our online fundraising budget that we have to close by June 30. There is no wiggle room, we've already cut everything we can, and we urgently need more readers to pitch in—especially from this specific blurb you're reading right now.

We'll also be quite transparent and level-headed with you about this.

In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

You're here for reporting like that, not fundraising, but one cannot exist without the other, and it's vitally important that we hit our intimidating $390,000 number in online donations by June 30.

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