Money flows from 50 top donors

Close to Half of All Super PAC Money Comes from 50 Donors

(Washington Post) – A small core of super-rich individuals is responsible for the record sums cascading into the coffers of super PACs for the 2016 elections, a dynamic that harks back to the financing of presidential campaigns in the Gilded Age.

Close to half of the money — 41 percent — raised by the groups by the end of February came from just 50 mega-donors and their relatives, according to a Washington Post analysis of federal campaign finance reports. Thirty-six of those are Republican supporters who have invested millions trying to shape the GOP nomination contest.

In all, donors this cycle have given more than $607 million to 2,300 super PACs, which can accept unlimited contributions from individuals and corporations. That means super PAC money is on track to surpass the $828 million that the Center for Responsive Politics found was raised by such groups for the 2012 elections.

More: http://www.teaparty.org/close-half-super-pac-money-comes-50-donors-158566/

The contract on Trump

No holds barred, takedown plans to rub out Trump in September. Wait, well maybe a few holds, like not by reluctant fellow candidates. They don’t want their fingerprints on that. Still it comes from the estabos anyway.
CNN

It’s no secret the Republican establishment is unnerved by Donald Trump and his lead in national and key state polls./…

“So they’re looking to more establishment PACs to potentially take him down in post-Labor Day ads.”

That opens it up to contract for hire. I wonder what the reward is? Rally the pacs to crank out the ads. All this might sound like a conspiracy if I didn’t know better. Knowing Trump and the way he handles things, who can rule out a backfire? They just might take aim to drive his poll numbers up even more.

Remember what Newt did in South Carolina. Now perhaps the same ire as the media got then will be turned on the estabos and their pacs. (their credibility is waning already) Just saying, at this point it is a possibility. And this being only the first unified attempt at the mission.

People are about to find out how nasty the estabos can be in a turf war. Never mind how nasty you think Trump is. That puts lamestream media and the establishment on the same page. Will they conspire (ally) with Democrats? Sounds like a job for the Cosa Nostra.

Surprise, biggest political donors not Republican

None of the Top 10 Biggest Political Donors are Republican

BY: Washington Free Beacon Staff
February 18, 2014 2:20 pm

The Center for Responsive Politics (CRP) released its list of top all-time donors. It totaled contributions fro 1989 to 2012 from PACs and individuals affiliated with the heavy hitter organizations.

CRP designated each of the heavy hitters as Democrat, Republican, or “on the fence,” meaning between 40 and 59 percent was donated to each party. In some cases, percentages did not add up to 100 due to third party donations.

None of the heavy hitters in the top 10 were Republican (three organizations in the top 10 were on the fence). A Republican-leaning organization did not make an appearance on the list until number 17.

Details: http://freebeacon.com/none-of-the-top-10-biggest-political-donors-are-republican/

Doesn’t quite fit the narrative. Surprise!

RightRing | Bullright

Return of the money changers

While most of America wants to see the money changers out of the Capitol temple, this president ups the ante to bring in more of them. Then, no doubt, he will complain about the money and influence in politics.

Obama thinks what we need is more money and special interest influence. His rebooted campaign raises so many questions on so many levels.

NYT: Obama’s Backers Seek Big Donors to Press Agenda

President Obama’s political team is fanning out across the country in pursuit of an ambitious goal: raising $50 million to convert his re-election campaign into a powerhouse national advocacy network, a sum that would rank the new group as one of Washington’s biggest lobbying operations.

But the rebooted campaign, known as Organizing for Action, has plunged the president and his aides into a campaign finance limbo with few clear rules, ample potential for influence-peddling, and no real precedent in national politics.

In private meetings and phone calls, Mr. Obama’s aides have made clear that the new organization will rely heavily on a small number of deep-pocketed donors, not unlike the “super PACs” whose influence on political campaigns Mr. Obama once deplored.

At least half of the group’s budget will come from a select group of donors who will each contribute or raise $500,000 or more, according to donors and strategists involved in the effort.

Unlike a presidential campaign, Organizing for Action has been set up as a tax-exempt “social welfare group.” That means it is not bound by federal contribution limits, laws that bar White House officials from soliciting contributions, or the stringent reporting requirements for campaigns. In their place, the new group will self-regulate.

Officials said it would voluntarily disclose the names of large donors every few months and would not ask administration personnel to solicit money, though Obama aides will probably appear at some events.

“No precedent”? – That is until Obama created one, another historic first for the Radical in Chief. He sure is working at leaving a lasting legacy/stain on our nation.

The Left’s Soros-funded influence is not enough. They need more big money and big donors. Sure it will be the largest lobby and influence in Washington, what would you expect from a usurping dictator?

And for giving the big money, get big meetings with the president. Misinformation Secretary, Jay Carney claims this is not selling influence. How is it not? Officials appearing at events are not soliciting money either. (pardon my Casablanca chuckle)

Yet another conflict the media can pretend does not exist. The Obama Alinskyites can trot out their “the American people don’t care about any of this” excuse

Article: http://www.nytimes.com/2013/02/23/us/politics/obamas-backers-seek-deep-pockets-to-press-agenda.html?ref=nicholasconfessore&_r=0