Mystery GOP corporate Super PAC resembles money laundering operation
Here is an article about a just created Super PAC and how it funnels anonymous money to political candidates.
Now I know both sides do this but the GOP seems to be the only party defending the process now. What happened to the GOP critics who used to complain (now proven fake) that foreign money being funneled into American campaigns to support Democrats (I think the story was that Chinese money was being used to prop up Clinton or Gore)?
How did the GOP go from being wary of sourced money to pretty much accepting campaign financing via money laundering means? Is it because they president is black and they have a shrinking demographic base?
Here is the article that describes this GOP money launderer campaign financier.
http://openchannel.nbcnews.com/_news/2012/11/05/14928532-elections-biggest-corporate-donor-an-enigma-with-53-million-in-contributions?lite&google_editors_picks=true
….snip….
The biggest corporate contributor in the 2012 election so far doesn’t appear to make anything — other than very large contributions to a conservative super PAC.
pecialty Group Inc., of Knoxville, Tenn., donated nearly $5.3 million between Oct. 1 and Oct. 11 to FreedomWorks for America, which is affiliated with former GOP House Majority Leader Dick Armey.
FreedomWorks’ super PAC has spent more than $19 million on political advertising, including $1.7 million on Oct. 29 opposing Tammy Duckworth, a Democrat running for Congress in Illinois against Tea Party favorite Joe Walsh, a first-term incumbent.The buy was more than four times greater than the group’s previous largest single expenditure.
Specialty was formed only a month ago. Its ‘principal office’ is a private home in Knoxville. It has no website. And the only name associated with it is that of its registered agent, a lawyer whose phone number, listed in a legal directory, is disconnected. —->Continued
I wonder if the Super PAC’s lawyer is Saul Goodman from “Breaking Bad”?