Campaign Fund-raising, Super Pac | featured news

'Super PAC' leaders profit from lack of oversight

Super PACs

Leaders of some of the new groups are taking advantage of the mammoth donations and the lack of oversight to write themselves big paychecks or hire their own companies. The Red White and Blue Fund, a "super PAC" backing the presidential bid of Republican Rick Santorum, paid more than half a million dollars last month to a newly formed direct mail firm.

 

Individuals, not corporations, drive super PAC financing

Super PACs, outside groups that can raise and spend unlimited corporate money to help elect or defeat candidates, have spent heavily to influence the presidential race. This chart shows the amounts raised in 2011 by some of the most active candidate-aligned super PACs and the cash they had remaining in the bank at the end of the year.

 

Is It Fair That One Candidate Has A Lot More Money to Spend Than The Other?

Restore Our Future Super PAC

Newt Gingrich lost the Florida primary to Mitt Romney, after initially leading in the polls after his South Carolina win. Gingrich’s numbers spiraled down soon afterwards. Romney had been favored to not just win in Floriday but also by a large margin, so his victory is not surprising.

I was reading two articles about the Florida primary outcome. One from LA Times and the other from the Washington Post. The thing that stuck out at me was how much more money Romney had to spent on television attack ads than Gingrich.

 

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