PLEDGE NOW
Here and Now with Robin Young and Jeremy Hobson
Public radio's live
midday news program
With sponsorship from
Mathworks - Accelerating the pace of engineering and science
Accelerating the pace
of engineering and science
Wednesday, February 1, 2012

Who’s Giving Money To Super PACs?

(Flickr/CarbonNYC)

There are headlines Wednesday about which millionaires donated big money to super PACS, the political action committees that a 2010 Supreme Court decision freed to raise unlimited cash for candidates.

Three hedge fund managers each gave million-dollar contributions to the pro-Mitt Romney super PAC Restore Our Future, which has already bought ad time in Nevada ahead of Saturday’s caucuses and has $23 million in cash to spend to blast rivals Newt Gingrich and President Obama.

In contrast, Winning Our Future, the super PAC that supports Gingrich, hasn’t bought any ad time in Nevada yet, and, outside of a $10 million donation from casino magnate Sheldon Adelson last month, Winning Our Future has only raised $2 million to keep Gingrich in the minds of voters.

But what’s behind the headlines is the money the nonprofit arms of those super PACS are raking in, such as Crossroads GPS, part of Karl Rove’s super PAC American Crossroads.

It’s out with a new ad Wednesday, attacking the Obama administration’s financial backing of now-bankrupt solar panel maker Solyndra.

American Crossroads and Crossroads GPS disclosed that they raised $51 million last year, but because it’s a tax-exempt 501(c)4 group, Crossroads GPS does not have to disclose its donors.

Guest

  • Dave Levinthal, reports on political influence reporter for Politico

Please follow our community rules when engaging in comment discussion on this site.
Spotlight

Peter O’Dowd follows the route of Abraham Lincoln's funeral train 150 years ago, to look at modern-day race relations and Lincoln's legacy.

Robin and Jeremy

Robin Young and Jeremy Hobson host Here & Now, a live two-hour production of NPR and WBUR Boston.

May 26 4 Comments

Old-Fashioned Bell Helps 12-Year-Old Minnesota Boy Battle Cancer

David Gerfast and his family are fighting cancer with an old-fashioned ship captain's bell and high-tech proton beam radiation.

May 26 2 Comments

Just (Lobster) Roll With It: Variations On A Summer Tradition

In New England, lobster rolls are a summer tradition, but if you ask 100 chefs how to make one, you'll get 100 different answers.

May 25 Comment

Father’s Love For Fallen Son Inspires Memorial Day Tradition

In what has become an annual tradition, volunteers join Paul Monti, whose son died while serving in Afghanistan, to plant flags at each gravestone at the Massachusetts National Cemetery.

May 25 3 Comments

An Ordinary Day At Arlington National Cemetery

Official ceremonies will be held at Arlington National Cemetery to commemorate Memorial Day. Here & Now's Lisa Mullins has this report of an ordinary day at the cemetery.