Or why are they afraid of Michael Bennet?
American Crossroads , aka “Karl Rove’s Superpac”
is a Political Action Committee incorporated as a 527.
The reference to Karl Rove is accurate, but he is just the most recognizable of many advisors and officers, (Mike Duncan, Chairman, Steven J. Law, President, Jo Ann Davidson, Jim Dyke,
Carl Forti, Karl Rove, Ed Gillespie)
As a 527, America Crossroads may spend as much as they want on behalf of any candidate they choose. So who are the funders? It’s not exactly transparent, though the past two months a pattern is beginning to emerge.
It is useful to also understand that America Crossroads is affiliated with Crossroads GPS which is incorporated as a non-profit and is not required to disclose donors.
Now that America Crossroads is putting up nearly another million dollars in the CO Senate campaign on behalf of Senator Buck or against Senator Bennet, depending on how you look at it, it would be helpful to know who the money comes from and what they want from Ken Buck.
So, as reported in by Justin Elliot in Salon and Rachel Maddow, the past two months America Crossroads has received more than 91% of it’s funding form just a few billionaires.
Trevor Rees-Jones – Dallas oil and gas lawyer/investor (not the body guard)
Robert Rowling – Texas lawyer whose family fortune started with oil and gas and who has since acquired Omni Hotelsand Gold’s Gyms
Carl Linder – Ohio billionaire and Chairman of AMerican Financial Group (AFG)
Jerry Perenchio – tv, movie and entertainment executive who really hit the big money when he sold Univision in 2006.
Who?
Yes, these guys have a track record of donating to R candidates. Yes, there is no law against it. Though there ought to be a more transparent disclosure requirement about who they are, and how much they spend on behalf of candidates.
Oh, btw, recall the America Crossroads affiliate, Crossroads GPS? AP is reporting that a complaint has been filed with the IRS claiming that Crossroads GPS has violated their non-profit incorporation by criticizing political candidates and making donations that would void their incorporated status.
So, despite shills here on CoPols claiming otherwise, it is incumbent Republic Buck’s campaign receiving millions in support and media from a few individuals, who don’t live in Colorado. What do they want form him?
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