Money and Democracy in non-Progressive America 2010
an e-newsletter about the movement to curb corporate influence in politics and restore our democracy
Issue #35 à ‚¬ October 22, 2010
We hope you enjoy this issue of Public Citizen's e-newsletter about the
intersection of money and politics. This is part of the campaign we developed
following the disastrous Supreme
Court decision in Citizens United v. Federal Election Commission ,
which allows corporations to spend unlimited amounts supporting or attacking
political candidates. We'll update you regularly with select news stories and
blog posts, legislative developments and ways to get involved.
- $7 million: Amount Republican donor Bob J. Perry, who helped finance the Swift Boat Veterans campaign against presidential candidate John Kerry , has given to the conservative group American Crossroads for the upcoming election
- $4.8 million: Amount given to American Crossroads by Robert Rowling , CEO of a company whose holdings include Omni Hotels
- $15 million: Amount American Crossroads raised in 43 days
- $24.1 million : Amount American Crossroads has raised this year
FEC should investigate American Future Fund, groups say
American Future Fund, a conservative nonprofit group pouring money into the 2010
midterm elections , appears to be violating
campaign finance law , watchdog groups said in a complaint
filed this week with the Federal Election Commission (FEC). The agency should
investigate whether American Future Fund must register as a political
committee, which would make it subject to recordkeeping, reporting and disclosure
requirements.
Stealth PACs database unveiled
With record amounts of secret money being funneled through nonprofit
organizations to influence the upcoming elections, Public Citizen has created an Internet
database to track the activity. The new Stealth PACs database, available
here , tracks more than 100 groups that are working to
influence the elections with large contributions from corporations, unions or
wealthy individuals in the wake of the U.S. Supreme Court 's
January 2010 decision in Citizens United v. Federal Election Commission.
That ruling gave corporations the green light to spend unlimited amounts to
influence elections.
1912 Montana campaign
finance law is tossed out
A 1912 Montana law banning corporations from making independent political
expenditures money spent on such things as ads to help elect or defeat a
candidate has been
tossed out in the wake of the U.S. Supreme Court's decision
in Citizens United. The Montana attorney general said the state would appeal.
" Meanwhile, judge skeptical of effort to strike down Florida
disclosure law
A request by a conservative Florida group
for a judge to strike down a Florida
disclosure law was met with
skepticism . The law requires groups that support or oppose
ballot measures to form political committees and disclose the identities of
their donors.
"Isn't this just a little too convenient," U.S. District
Judge Robert Hinkle asked. "If a group of law students got
together and wanted to come up with a fictitious case, they couldn't do any
better."
Chamber relies on a few wealthy corporate donors
The U.S.
Chamber of Commerce has increasingly relied on a few major
corporate donors, including Dow Chemical, Goldman Sachs, Prudential, Chevron
Texaco and others, The
New York Times reports. The Chamber doesn't
disclose the names of its donors , but Times reporters
learned of some of them by analyzing corporate reports posted on company
websites and tax filings.
Oil industry has spent $68.5 million this year on misleading ads, group
says
The oil industry and its allies have spent $68.5 million on misleading
television election ads, according to the Center for American Progress Action Fund.
The group looked at
the spending of 13 organizations, ranging from the U.S.
Chamber of Commerce to the National
Association of Manufacturers .
Dems ask FEC to crack down on foreign involvement in elections
Fifteen Senate Democrats have asked the Federal Election Commission to update its
guidelines to ensure foreign interests can't influence U.S.
elections. The request stems from concern generated by ThinkProgress, which
earlier this month published a blog post saying that the U.S. Chamber of
Commerce has used foreign donations to buy election ads, an accusation the
Chamber denies.
Money from foreign companies already goes to elections legally
Overlooked in the flap over whether the U.S. Chamber of Commerce is using
foreign donations to fund elections ads is the fact that money from foreign
companies already goes to elections and it's
legal . How? Political action committees connected
to foreign-based corporations have donated money to candidates and parties
$60 million over the past decade, according to The Washington Post . The corporations
include GlaxoSmithKline and AstraZeneca , both
British drug manufacturers, and Anheuser-Busch InBev, based in Belgium .
Big Republican backers already planning for the next one
Big-money Republican donors are planning a retreat at a California resort in January to plan
for the next election , The New York Times reports.
The secretive group is assembling at the invitation of Koch Industries ,
which has spent millions combating climate change initiatives.
Taking his ball and going home
U.S. Supreme Court Justice
Samuel Alito may skip the next State of the Union address, the Washington
Times reports. You may recall that Alito shook his head and mouthed the
words "Not true" when President Barack Obama criticized the court earlier
this year for its Citizens United ruling. Apparently Alito is considering
boycotting this year .
Visit www.DontGetRolled.org to learn more!