“Social welfare” organizations, or “Dark money” groups?

On July 23, 2016, we discontinued our forums. We ask our members to please join us in our new community site, The Hartmann Report. Please note that you will have to register a new account on The Hartmann Report.

1 post / 0 new

It’s not the SuperPACs that are buying our elections, so-called “social welfare” organizations are. According to IRS law – 501c4 and 501c6 groups – what are known as social welfare organizations or trade associations – are allowed to spend unlimited amounts of money in our elections – and not disclose a single donor – just as long as they don’t explicitly call for the election or defeat of a particular politician.

And since the super-rich who are trying to buy Republican politicians would rather stay in the shadows, they’re increasingly using these “dark money” groups rather than SuperPACs – which do have to disclose their donors – to influence our elections.

According to a new report by Demos and the U.S. PIRG – 50% of all outside spending this presidential race has come from these “dark money” groups. The top 5 “dark money” groups more than $50 million bucks on television adds so far this election, yet Americans only know where 1% of that money actually came from. For all we know, Chinese business tycoons, Saudi princes, or foreign dictators could be funneling money into our elections to help Republicans win. This is the insanity that the Supreme Court gave us in its Citizens United decision.

Thom Hartmann Administrator's picture
Thom Hartmann A...
Dec. 29, 2009 10:59 am

The AT&T/Time Warner Merger - Time To Worry?

Give Donald Trump some credit: he might be a bigoted crypto-fascist who's taken the Republican Party to the right of Attila the Hun - but every once in a while he's 100 percent correct.

Case in point: his take on AT&T's proposed $85 billion merger with Time Warner.

Powered by Pressflow, an open source content management system