90.9 WBUR - Boston's NPR news station
Top Stories:
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

Here & Now resident chef and cookbook author Kathy Gunst shares her list of the best cookbooks of the year.

Robin and Jeremy

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

December 19 Comment

Why El Salvador’s Youth Are Fleeing

David Boeri's report begins in the San Salvador medical examiner's receiving room, where the youth of El Salvador are on display.

December 19 Comment

Artist Andres Serrano On Photographing Cuba

The controversial artist discusses his 2012 trip to his mother's home country and shares his photos.

December 18 Comment

College Counselor: ‘A Deferral Is Not A Denial’

Lisa Micele shares tips for applying to college — especially for students who have been deferred under early decision.

December 18 17 Comments

America’s Political Dynasties

Americans under 38 have only experienced one presidential election that did not involve a Bush or a Clinton.