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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsForbes: At Least 20 Billionaires Behind 'Dark Money' Group That Opposed Obama
A nonprofit group with a bland name, Americans for Job Security, spent $5 million supporting Republicans in the 2010 midterms and $15 million denouncing former President Obama in the 2012 election, but until this week, the group never had to file disclosures showing where its money was coming from.
This is the first time in the Citizens United-era that a dark money group was forced to disclose their donors in a certain time period, said Jordan Libowitz, a spokersperson for nonprofit watchdog group Citizens for Responsibility and Ethics in Washington, referring to the 2010 Supreme Court case that wiped away previous restrictions on political spending.
Americans for Job Security had previously claimed it was not a political organization and therefore did not have to disclose its donors. But after years of litigation, CREW convinced the Federal Election Commission otherwise. AJS filed a list of its backers and beneficiaries from 2010 to 2012 on Thursday.
The biggest individual donor to the group appears to be Charles Schwab, the brokerage titan worth an estimated $7.8 billion. Over the span of three months in 2012, he donated nearly $9 million. Gap cofounder Doris Fisheralong with her sons Robert, John and Williamgave another $9 million.
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The new FEC filing shows billionaire donors from around the country. The late Republican megadonors Richard and Helen DeVos gave $1 million to the group in October 2012. Texas oil-and-gas billionaires Richard Kinder, Dan Wilks, Farris Wilks and late Houston Texans owner Robert McNair were also among the donors that year. Others include Dennis Washington of Montana, who got rich in mining and railroads, and Leon Black of New York, who cofounded private equity giant Apollo. WWE chief executive Vince McMahon donated, along with his wife Linda McMahon, who Donald Trump later appointed to his cabinet.
https://www.forbes.com/sites/michelatindera/2019/10/26/at-least-20-billionaires-behind-dark-money-group-that-opposed-obama/amp/
I hope the devil is dancing with Scalia for his part in destroying our country ...
empedocles
(15,751 posts)Smedley Butler. Led by Dupont, Birdseye, et al. [Records of the Congressional Investigation of attempt sealed for 30 years].
democratisphere
(17,235 posts)THIS is a perfect example.
Buckeyeblue
(5,499 posts)He took an economy that was on the brink of a full blown depression and brought back to life where it thrived. And is doing good considering that Trump has done everything he can to destroy it.
I always ask those that express disdain about Obama what he did that they really don't like. They try to say Obama care caused healthcare to go up. But healthcare was already crazy expensive. I find that people can't really pinpoint one thing. Which leads me to think it was because he was black.
uponit7771
(90,346 posts)Hotler
(11,425 posts)empedocles
(15,751 posts)Also, not surprised to see the name DeVos on that list.