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GOP 'super PACs' overtaking campaigns' fundraising

February 21, 2012 RSS Feed Print

The spokesman, Stuart Roy, said the money was refunded last month. Roy said contribution originated with an American executive at Liquid Capital Markets Ltd., but that the donation was mistakenly drawn from the foreign firm's accounts, necessitating its return.

Obama's campaign on Friday reported raising a combined $29.1 million in January among the campaign, the Democratic National Committee and other joint fundraising committees. The major super PAC backing Obama, Priorities USA Action, raised only $58,000 last month — mostly from a $50,000 contribution by Chicago businessman John Rogers — underscoring why Obama encouraged his supporters recently to give to the super PAC.

The reports likely will rekindle criticism of the groups, which were made possible under a 2010 Supreme Court ruling in the Citizens United case. The super PACs must legally remain independent from the candidates they support, but many are staffed with former campaign aides who have intimate knowledge of the campaigns' strategies.

Late Friday, the Supreme Court put on hold a Montana case that bore striking similarities. Two justices said the newest case provides an opportunity for the court to reconsider whether millionaires and billionaires should be allowed to continue pouring millions of dollars into the presidential election.

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Follow Jack Gillum on Twitter: http://twitter.com/jackgillum

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Imagine an intelligent electorate voting based on the research they do regarding what each candidate proposes and the integrity each candidate has.

Imagine the electorate interested enough to follow the money each candidate has gotten from special interest supporters and the sorts of policy and legislative favors they do for those powerful and rich corporate players, because of their gratitude for the money.

Corporations, we've seen, have stables of politicians they 'own' and can trot out to enact the legislation wanted. Corruption is nearly pervasive in our government and no one even denies that.

Yet by far the most honest and genuine of the candidates who gets most of his contributions from the common people who obviously expect no reward other than good governence, has the hardest time gaining ground so far in the political polling because of our human tendencies to be dazzled by the slick advertisements paid for by dirty money.

What a stunning historical moment and societal break through when the one honest candidate gains momentum these coming months and is elected the people's president this crucial year.

Patriots everywhere are picking up the Ron Paul banner and moving forward in the spirit of our founding. A vote for Ron Paul is a vote for the American People. Tyrants beware.

So that Government of the people, by the people, and for the people... shall not perish from this earth.

John of NY 6:47AM February 21, 2012

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