Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
Related: About this forumDark Money Groups Are Funded By Dark Money Groups That Fund Dark Money Groups That Fund...
http://www.huffingtonpost.com/2013/11/09/dark-money-networks_n_4234206.htmlDark Money Groups Are Funded By Dark Money Groups That Fund Dark Money Groups That Fund...
Paul Blumenthal
Posted: 11/09/2013 9:44 am EST | Updated: 11/09/2013 10:17 am EST
WASHINGTON -- A recent million-dollar settlement in California has stripped back the curtain on how "dark money" is secretly moved in and around electoral politics. Documents and interviews revealed how a networks of nonprofits passed dark money -- that is, money whose source is not disclosed to the public -- from one to another to another to further obscure the original sources.
Examples of similar financial transfers uncovered by The Huffington Post, in addition to a host of examples reported by the Center for Responsive Politics and NPR, demonstrate that the California case is no isolated incident.
Networks of nonprofits are being created across the country, at the national and state levels, to secretly fund candidate and ballot initiative campaigns, according to tax documents and campaign records accessed through Guidestar, CitizenAudit.org and the National Institute for Money in State Politics. Their tactics are similar to the schemes adopted by the global rich to hide their wealth -- except instead of avoiding tax collecting authorities, they're trying to skirt disclosure laws.
The best known of these networks are those tied to the billionaire Koch brothers. Linking the groups together are two dark money hubs: the Center to Protect Patient Rights, which doled out as much as $182.2 million to other dark money groups from 2010 through 2012, and Freedom Partners, which gave $236 million to other dark money groups, including $115 million to the Center to Protect Patient Rights.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
3 replies, 858 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (5)
ReplyReply to this post
3 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Dark Money Groups Are Funded By Dark Money Groups That Fund Dark Money Groups That Fund... (Original Post)
unhappycamper
Nov 2013
OP
Yep, this started back then in response to the democratizing reforms made after 1968.
bemildred
Nov 2013
#3
cantbeserious
(13,039 posts)1. When First We Practice To Deceive ...
eom
MisterP
(23,730 posts)2. OTOH, they've been doing this since like 1975/6, so they've got the experience
www.sourcewatch.org
bemildred
(90,061 posts)3. Yep, this started back then in response to the democratizing reforms made after 1968.
Before then, they didn't have to win elections to control who got into office. The game is still rigged in favor of the elites, but not enough to rig the outcome. Hence the need for lots more money in elections.
Been very successful too, thanks to the supine cooperation of our political classes, media and corporate rulers. And a long, downhill, and bumpy ride it's been, too.