This Week in Dark Money

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

 

The Money Shot 

Numbers current as of July 12.Numbers current as of July 12.

 

Quote of the Week

“I would tell them: ‘He is brilliant. Sometimes, like the emperor, he is brutal.'”
—William Weidner, former president of the Las Vegas Sands casino, recalling his struggle to properly explain casino magnate and super-PAC megadonor Sheldon Adelson to Chinese officials. Adelson’s business activities in Macau are the subject of a federal investigation for potentially violating the Foreign Corrupt Practices Act.

Attack Ad of the Week

This anti-Romney ad from Priorities USA Action, the pro-Obama super-PAC, came out last month. This week, In These Times labor reporter Mike Elk tracked down the star of the spot, Donnie Box, who had some surprising things to say about President Obama. Box appeared in the ad because he used to work as a steelworker at GS Technologies in Kansas City, which was shuttered by Bain Capital in 2001, and Box told Elk that Mitt Romney is “an asshole” who played a major role. But Box revealed to In These Times that he’s no Obama fan either—”I think Obama is a jerk, a pantywaist, a lightweight, a blowhard. He hasn’t done a goddamn thing that he said he would do”—and plans to sit the election out.

Stat of the Week

$6 million: The June fundraising haul of pro-Obama super-PAC Priorities USA Action, including $2 million from former Qualcomm director Irwin Jacobs and his wife, Joan, and $1 million from actor Morgan Freeman. While conservative outside-spending groups continue to enjoy a big money advantage over their liberal counterparts, a Politico Influence analysis found that liberal super-PACs actually spent more money than conservative ones on election ads in the first half of July.

Disclosure Evasion of the Week

Earlier this year, a federal district court ruled “that Congress did not delegate authority to the FEC to narrow the disclosure requirement” that has kept anonymous the funders of “social welfare” nonprofits’ issues ads, which mention candidates without telling viewers how they should vote. In response, US Chamber of Commerce president Tom Donahue decried the ruling as “all about intimidation.” The decision will likely be challenged, but  the Chamber is now sidestepping the court anyway by spending more than $1.1 million on “express advocacy” ads, which do encourage viewers to vote for specific candidates, supporting Republicans in Hawaii, Nevada, New Mexico, and North Dakota. Here’s a boxing-themed spot that attacks Democratic Rep. Shelley Berkley, who is challenging incumbent Sen. Dean Heller in Nevada:

 

More MoJo Dark-Money Coverage

Senate Republicans Stand Up for the Rights of Secret Donors: GOPers vote to keep dark money in the shadows by blocking the DISCLOSE Act.
Republicans to Secret Donors: We’ve Got Your Back (Yet Again): GOP senators who once talked up dark-money disclosure kill off the DISCLOSE Act.
Democratic Super-PACs Bank $25 Million—But Lag Karl Rove and Co.: A quartet of Democratic super-PACs hauled in more than $25 million in April, May, and June of 2012.
Anti-Obama Group Caught Using Military Logos Without Authorization: “Special Operations for America” must stop politicizing military insignia, US officials tell MoJo, or face possible legal action.
 

More Must-Reads

• Matt Bai argues that reporters have exaggerated the impact the Citizens United ruling has had on the 2012 election. New York Times Magazine
• Election law expert Rick Hasen, who is criticized in Bai’s article, disagrees. Election Law Blog
• A new iPhone app developed by students at MIT will tell you if ads playing on your TV are funded by super-PACs. Forbes
• Has anti-Citizens United sentiment dissuaded Democrats from giving to super-PACs? Politico
• The descendants of America’s first Mormons are giving big to pro-Romney super-PAC Restore Our Future. New York Times

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AN IMPORTANT UPDATE

We’re falling behind our online fundraising goals and we can’t sustain coming up short on donations month after month. Perhaps you’ve heard? It is impossibly hard in the news business right now, with layoffs intensifying and fancy new startups and funding going kaput.

The crisis facing journalism and democracy isn’t going away anytime soon. And neither is Mother Jones, our readers, or our unique way of doing in-depth reporting that exists to bring about change.

Which is exactly why, despite the challenges we face, we just took a big gulp and joined forces with The Center for Investigative Reporting, a team of ace journalists who create the amazing podcast and public radio show Reveal.

If you can part with even just a few bucks, please help us pick up the pace of donations. We simply can’t afford to keep falling behind on our fundraising targets month after month.

Editor-in-Chief Clara Jeffery said it well to our team recently, and that team 100 percent includes readers like you who make it all possible: “This is a year to prove that we can pull off this merger, grow our audiences and impact, attract more funding and keep growing. More broadly, it’s a year when the very future of both journalism and democracy is on the line. We have to go for every important story, every reader/listener/viewer, and leave it all on the field. I’m very proud of all the hard work that’s gotten us to this moment, and confident that we can meet it.”

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