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

“My opinion, for what it’s worth, is that WTP was running a lot of these campaigns.”
—Julie Staeb, an investigator for the Montana Commissioner of Political Practices, referring to the possibility that nonprofit group Western Tradition Partnership illegally coordinated with Montana political candidates in 2008 and 2010. The investigation includes documents from the group that convicted felon Mark Siebel found in a meth house outside Denver in later 2010. Siebel claimed they were found by his friend in a stolen car; they were recently examined in a joint report by ProPublica and Frontline. WTP has since changed its name to American Tradition Partnership and is best known for its lawsuit that overturned Montana’s ban on corporate spending and definitively expanded Citizens United to apply to states’ campaign finance rules.

 

chart of the week

Citizens United helped Mitt Romney close President Obama’s fundraising edge, according to a new report from the Center for Public Integrity and Center for Responsive Politics, but the Obama campaign was still able to take advantage of reduced ad rates for campaigns and air more commercials since late April than the Romney campaign, Republican National Committee, and seven outside spending groups supporting the GOP combined. Among all outside spending (below), Romney was the beneficiary of more than $350 million of it; Obama was supported by about $100 million in outside funds.

 

stat of the week

$6 billion: The estimated total cost of the 2012 elections, according to the Center for Responsive Politics, a record amount that would top the current record by $700 million. The presidential race was actually trailing 2008’s $2.8 billion by $200 million as of the end of October, but more than $500 million reported to the FEC by outside spending groups and nearly $3 billion spent on House and Senate races more than makes up for the difference.

 

attack ad of the week

Nate Silver projects the likelihood of President Obama winning Pennsylvania and Michigan at 95.5 percent and 98.4 percent, respectively, but the Koch-funded nonprofit Americans for Prosperity apparently still thinks Romney’s got a shot at winning them Tuesday. The group has doled out $3 million on a November ad buy in the two states. “I still believe in hope and change,” a voter says in one of the ads. “I just don’t think Obama’s the way to go for that.” Slate’s David Weigel, who points out that this ad has already been running in Pennsylvania since August, calls the new ad buy “a great headline” but “one of many that overstates what third party groups can do in the last stretch of this campaign.”

 

more must-reads

Mitt Romney Would Be Toast Without This Man: Charlie Spies helps run the king of all super-PACs—and he’s used it to keep Romney’s campaign alive.
Video: The First Silent Political Ad: Listen up! This election spot has something to say…very, very quietly.
• Among American Tradition Partnership’s donors was an anti-union group with Colorado ties that gave the group $300,000. Center for Public Integrity
• The US Chamber of Commerce was the largest dark-money spender in 15 Congressional races this year. National Journal

More Mother Jones reporting on Dark Money

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In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

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