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Fri Apr 13, 2012, 03:20 PM

Mystery donor gives $10 million to Crossroads GPS group to run anti-Obama ads [View all]

Source: The Washington Post

An anonymous donor has given $10 million to run ads attacking President Obama and his policies, escalating the money race that is defining the 2012 presidential campaign. And in the new, free-wheeling environment of independent political giving, the identity of this donor, like many others, is likely to remain a permanent mystery.

The donation went to Crossroads GPS, the conservative nonprofit group founded with support of political operative Karl Rove, which also reported another donor giving at least $10 million over the past two years, according to draft tax returns released by the organization.

The group would not identify the donors, who could be individuals, groups or corporations, and under tax and campaign laws, is not required to disclose them.

The huge contributions, which make the donors among the top political givers, offer new evidence of the altered world of campaign finance: following the Supreme Courtís landmark 2010 Citizens United v. Federal Election Commission, spending by interest groups has risen dramatically. The ruling allowed corporations, unions and nonprofits like Crossroads to spend money directly on political activity.

Read more: http://www.washingtonpost.com/politics/mystery-donor-gives-10-million-to-crossroads-gps-group-to-run-anti-obama-ads/2012/04/13/gIQAzdtdFT_story.html?tid=sm_twitter_washingtonpost

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Reply Mystery donor gives $10 million to Crossroads GPS group to run anti-Obama ads [View all]
MindMover Apr 2012 OP
CurtEastPoint Apr 2012 #1
lastlib Apr 2012 #2
wyldwolf Apr 2012 #7
lastlib Apr 2012 #12
Andy823 Apr 2012 #3
loudsue Apr 2012 #4
aquamarina Apr 2012 #5
Iliyah Apr 2012 #6
Wait Wut Apr 2012 #8
hamsterjill Apr 2012 #9
Pirate Smile Apr 2012 #10
Justice wanted Apr 2012 #11
AndyTiedye Apr 2012 #13
Auntie Bush Apr 2012 #14
PSPS Apr 2012 #15