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In reply to the discussion: Warren: Americans ‘understand the game is rigged’ [View all]Peaceful Protester
(280 posts)Last edited Sun Jun 17, 2012, 12:29 AM - Edit history (2)
501(c)(4) organizations can be used to legally launder anonymous donations to a Super PAC.
CBS News
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Colbert gets a Super PAC; So what are they? - CBS News
http://www.cbsnews.com/2100-18563_162-20075941.html
"Super PACs are the byproduct of the 2010 Supreme Court decision commonly known as "Citizens United," which granted corporations, unions and individuals the right to donate unlimited funds to outside groups to campaign for or against candidates."
CSMonitor
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In time for Election 2012, a Stephen Colbert super PAC. What is that? - CSMonitor.com
http://www.csmonitor.com/USA/DC-Decoder/Decoder-Wire/2011/0701/In-time-for-Election-2012-a-Stephen-Colbert-super-PAC.-What-is-that
"Super PACs are a new breed created after several 2010 Supreme Court decisions that struck down some restrictions. Theyre "super" because there is no limit to how much money they can receive from an individual, corporation, or union."
"Theyre limited in that they cant give money directly to candidates to help in elections. However, they can spend unlimited amounts advocating for or against political candidates on their own."