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Bill USA

(6,436 posts)
Thu Dec 5, 2013, 05:49 PM Dec 2013

At Least 1 in 4 Dark Money Dollars in 2012 Had Koch Links - OpenSecrets.org

http://www.opensecrets.org/news/2013/12/1-in-4-dark-money-dollars-in-2012-c.html

Political money flowed freely in the world of conservative billionaires David and Charles Koch in 2012.

With most of the annual tax filings for nondisclosing nonprofits now in, it's clear that no other conservative or liberal dark money network matched, in combined size and complexity, the constellation of Koch-linked groups that churned hundreds of millions of dollars into elections around the country last year.

In 2012 alone, $301 million poured into this system -- $196 million of which was given, in the form of grants, to dark money groups that engaged in federal electioneering. The network includes such well-known groups as Americans for Prosperity, 60 Plus and Americans for Job Security -- copiously funded 501(c)(4) social welfare organizations and 501(c)(6) trade associations, none of which are required to disclose their donors to the public. Some of the entities in the web are simply way stations for cash that is doled out to other, more politically active groups in the system.

On the other side of the ledger, political spending reported by this system's members to the Federal Election Commission (FEC) came to $170 million in 2012. The Center for Responsive Politics estimates that roughly $86 million of that -- or more than one-fourth of all dark money spending reported in 2012 -- came in the form of grants from other Koch-linked groups.



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At Least 1 in 4 Dark Money Dollars in 2012 Had Koch Links - OpenSecrets.org (Original Post) Bill USA Dec 2013 OP
Don't put that quarter in your mouth pscot Dec 2013 #1
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