Salon: What we do know about the GOP’s secret money tsunami

Written by admin on October 21st, 2010

Salon reports on where the majority of the conservative “grassroots” money is flowing from; the same conservative billionaires.

Salon

We’ve documented here how the financing of the Karl Rove-backed American Crossroads — at least the small chunk of it for which donors are disclosed — has come almost entirely from a handful of billionaires. For example, Dallas oilman (and billionaire) Trevor Rees-Jones has given Crossroads at least $2 million this year. The group has been running ads in nearly every major race in the country.

Crossroads has raised even more money from donors who, because they give to a partner group organized under a different section of the tax code, remain anonymous. Still, we can be fairly sure the money is not streaming in in $50 and $100 checks. It’s coming from the Rees-Joneses of the world — and most likely from business interests in particular states where Crossroads is active.

 

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