This Week in Dark Money

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

the money shot

 

Quote of the week

“This is a nightmare for me.”
—Former Rick Santorum booster Foster Friess, speaking to MoJo‘s Tim Murphy at the Republican National Convention in Tampa about the attention heaped on GOP megadonors. “It’s too many things going on. I’ve got like four things to go to. It’s just so frustrating,” he continued. “I’ve had enough speeches!” Friess was just one of several deep-pocketed donors in Tampa. Miriam Adelson, wife of casino magnate Sheldon and a megadonor herself, gave a policy talk. Direct-marketing CEO Frank VanderSloot and his wife met privately with Karl Rove; hedge-fund manager Paul Singer also organized a private meeting with Rove. And David Kochdiscussed saving America” with Sen. Ron Johnson (R-Wis.).

 

attack ad of the week

American Bridge 21st Century, the liberal super-PAC launched by Media Matters founder David Brock, preempted Thursday night convention speeches by Mitt Romney and Sen. Marco Rubio (R-Fla.) with a web ad pitting Rubio’s words against Romney. “For almost all of history, almost everyone was poor,” Rubio says. “Only a few people had power and wealth and prosperity.” Then, as the video displays quotes critical of the low tax rate Romney has paid, Rubio continues: “And so the people with all the power, the big corporations, the multi-billonaires, they used their influence to get the rules written to their advantage.”

 

stat of the week

$450,000: The amount that Florida developer Gary Morse has given to the pro-Romney super-PAC Restore Our Future. Morse owns the Cracker Bay, the unfortunately named yacht Romney bundlers partied on in Tampa. The ship flies the flag of the Cayman Islands, a notorious tax haven that Romney’s not too eager to associate himself with. Other bundlers at the bash included Romney’s national finance chairman Ron Weiser, Virginia Gov. Bob McDonnell, and real estate developer Bob Pence, who’s given Restore Our Future $350,000. (Unlike Obama, Romney has not disclosed the names of all his bundlers.)

 

chart of the week

Here’s more evidence of the influence of dark money in the wake of Citizens United: Spending by outside groups has skyrocketed in the 2012 election, tripling the pace set in 2008. The Center for Responsive Politics has it charted:


 

more mojo dark-money coverage

Barack Obama Comes Out in Favor of an anti-Citizens United Amendment on Reddit.
“Cracker Bay,” Team Romney’s Big-Money Party Yacht: Choose where you party carefully, future presidential nominees.
GOP Platform Calls for Nuking What’s Left of McCain-Feingold Law: The platform will also oppose passage of new disclosure laws unmasking big donors to dark-money groups.
Bizarre Super-PAC Targets Liberal Icon Raúl Grijalva…and Sheriff Joe: “I know I will make enemies but our country needs an ass-kicking,” says the operative attacking Rep. Grijalva (D-Ariz.).

 

more must-reads

• Campaign finance reform groups try to shed light on the dark-money dealings at the RNC. Politico
• A look at how “big business is buying the election.” The Nation
• The anti-tax Club for Growth’s dark-money machine’s latest victory: Helping Rep. Jeff Flake (R-Ariz.) to a Senate primary win. Center for Public Integrity
• Rep. Flake is just the latest of several candidates who have won primaries despite being outspent. Politico
• The Sunlight Foundation has a new app for the iPhone and Android to help viewers debunk attack ads. New Scientist

More Mother Jones reporting on Dark Money

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And we hope you might consider pitching in before moving on to whatever it is you're about to do next. It's going to be a nail-biter, and we really need to see donations from this specific ask coming in strong if we're going to get there.

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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.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. It's going to be a nail-biter, and we really need to see donations from this specific ask coming in strong if we're going to get there.

payment methods

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