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Rove's Money Tramples Democracy

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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-29-10 08:15 AM
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Rove's Money Tramples Democracy


From the good folks at Consortiumnews, light on what ails democracy:



Rove's Money Tramples Democracy

By Kevin Zeese
September 28, 2010

EXCERPT...

In the case of Rove’s American Crossroads, voters would very likely benefit from knowing the sources of millions of dollars in contributions. American Crossroad’s sister organization, a 527 political action committee, recently reported its sources of funds. The reports indicate that American Crossroads 527 is funded almost entirely by billionaires.

As Salon reported, “In August, American Crossroads raised $2,639,052. Fully $2.4 million of that -- or 91 percent -- came in the form of gifts from just three billionaires.” Open Secrets reported that these donors come from the insurance industry, military industrial complex and oil and gas industry.
These anonymous donor groups are swamping the Democrats.

Bloomberg News reported, “Republican-leaning groups that don't disclose their donors are raising and spending millions of dollars on the US congressional elections, helping make up for the party's fundraising deficit. Five organizations alone reported spending more than $5 million since Aug. 1 on so-called electioneering communications, compared with less than $200,000 for Democratic-leaning groups, Federal Election Commission data show.”

The Associated Press described these groups as "The Republicans' shadow party” and because of the anonymous donors said they were “basking in the shade.”

CONTINUED...

http://www.consortiumnews.com/2010/092810b.html



Why won't Corporate McPravda cover this story? Could it be they make a lot of money off elections and from "their" politicians?

Wonder if many bloggers are on Rove's payroll? And why isn't Turd Blossom in jail?
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