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Justice

At CPAC, ‘Founding Fathers’ Say Super PACs Were Never Their Intention

Conservatives are fond of citing America’s Founding Fathers whenever it seems convenient, whether to back up their fringe beliefs that certain government programs are unconstitutional, to talk about what form of government in which they believe, and sometimes even when the person they’re citing isn’t a Founding Father at all.

Conservatives are also fond of a certain Supreme Court decision that blew up campaign finance laws and opened the door for unlimited — and often undisclosed — donations to super PACs, the campaign organizations that played a marked role in the 2010 midterm elections and have already had a substantial impact on the 2012 Republican primary.

With that in mind, ThinkProgress asked several “Founding Fathers” who attended last weekend’s Conservative Political Action Conference what they thought about the rise of super PACs and if it they intended for elections to one day be dominated by small groups of wealthy individuals and corporations that could funnel huge sums of money into the electoral system. Thomas Paine, Alexander Hamilton and Thomas Jefferson all told ThinkProgress that super PACs were never their intention, as did a 19th century veteran of the fight for the Alamo. James Madison, meanwhile, said he anticipated the rise of super PACs, but that the domination of money in politics would “destroy the country.” Watch it:

Politics

Romney For Sale: Mitt Hosts $10K ‘Policy Roundtables’

Giving a preview of how he would govern as president, Mitt Romney hosted a series of “policy roundtables” with top dollar donors Thursday at the JW Marriott hotel in Washington, DC. Once again demonstrating that he is much more concerned with helping the very rich than the very poor, the panels were open to all interested parties — who were willing and able to raise $10,000 for his campaign, each.

The roundtable topics included education, energy, financial institutions and markets, defense/homeland security/foreign policy, health care, and infrastructure. Unsurprisingly, the panels were chaired and hosted by a few prominent Republican politicians and several wealthy investors and industry insiders. They roundtable leaders and industry finance chairs included:

L.E. Simmons (energy), who has has “guided the investment of over $1.6 billion in private equity capital used to build energy service and equipment companies.”

Patrick Durkin, managing director of Barclay’s Capital and a top Romney lobbyist-bundler.

Richard Breeden, a hedge fund manager and a former SEC chairman under President George H. W. Bush.

Tom Farrell, president and CEO of Dominion Power.

Former Sen. Jim Talent (R-MO) (infrastructure), now a “distinguished fellow” at the right-wing Heritage Foundation.

Former HHS Secretary and ex-Utah Gov. Mike Leavitt (R), now head of a “health care intelligence business.”

If the number $10,000 seems familiar, perhaps it was because he offered to make a bet with then-primary opponent Gov. Rick Perry (R-TX) for that amount in a disagreement over his previous positions on federal health insurance mandates. Now, Romney is asking the wealthiest 1 percent to make a similar-sized bet on him. And, according to one of the event’s co-chairs, the event raised $1.5 million for Romney’s campaign.

NEWS FLASH

Growing Number Of Shareholders Want To Know What Their Companies Are Spending On Political Campaigns | Politico reported today that several corporate boards are facing shareholder petitions calling for increased disclosure of political spending. Shareholders are asking the boards of AT&T, Ford, Pepsi and others to account for all corporate political spending, including money going to SuperPACs and tax-exempt organizations, which do not have to disclose their donors. The proposals are all technically non-binding, although “they are widely regarded as expressions of investor sentiment,” and some companies have adopted disclosure policies after minority votes. About fifty disclosure-related proposals are expected to be put forth in this proxy season.

Zachary Bernstein

Politics

How The 1 Percent Fundraises: Scotch, Cigars, Lounge Suits, And Cocktail Dresses

Invitation For Scotch & Cigars FundraiserThere has long been a perception that Washington, DC is dominated by lobbyists for special interests making big-dollar donations to rub elbows and sip expensive drinks with politicians in smoke-filled rooms. The conservative One Nation political action committee is doing its best to keep that image alive and well.

This Thursday, the PAC will host its second annual Scotch & Cigars fundraiser, according to an invitation posted by the Sunlight Foundation. A $1,000 PAC or individual contribution buys a spot on the event’s host committee. Just a $50 check “entitles you to a cigar and open selection of whiskey and wine, as well as good company with fellow conservative guests” in executive suite #3320 of Washington’s Marriott Wardman Park. To encourage healthy behavior by young people, the event has a $20 discounted rate for anyone under age 30.

Attendees will have to dress the part; the required dress code for the event is “lounge suit for men, cocktail dress for women.”

The “good company” includes several powerful political players: anti-tax activist Grover Norquist, twice-defeated former Gov. Robert Ehrlich (R-MD), and current U.S. Reps. Dan Benishek (R-MI), Ann Marie Buerkle (R-NY), Bill Huizenga (R-MI), and Bob Latta (R-OH). Despite the health dangers of tobacco and hard liquor, the event has the apparent seal of approval from Buerkle (a nurse) and Benishek (a medical doctor and surgeon).

There is just one hitch: the hotel is 100 percent smoke-free so the cigars will have to be taken out to the balcony (the current weather forecast for Thursday predicts an overnight low of 28 degrees) or remain unlit.

Donors might want to note, however, that in the 2010 campaign, the One Nation PAC spent more of its funds on fundraising consultants ($32,837) than on actual contributions to candidates ($20,299), according to the Center for Responsive Politics.

NEWS FLASH

After Romney Declares Opposition To Campaign Finance Restrictions, Lawyer Behind Citizens United Gives His Support | Prominent Republican lawyer and RNC committeeman Jim Bopp, Jr. endorsed Mitt Romney for president today. Bopp is best known for his role in the Citizens United Supreme Court case, which dismantled longstanding campaign finance laws restricting corporate influence in our elections. Bopp, who opposes limits on how much money individuals can give to political campaigns, was undoubtedly heartened when Romney took a similar position in December. “We’d be a lot wiser to say you can give what you’d like to a campaign. They must report it immediately,” Romney told NBC.

Green

Big Oil Pumps More Than $1.2 Million Into Romney Super PAC

Coal, oil, and gas companies have contributed at least $1.2 million to Restore Our Future, the super PAC supporting Republican presidential candidate Mitt Romney, a ThinkProgress Green analysis reveals.

The super PAC Restore Our Future has fundraised $30 million to Romney to the White House. The super PAC spent $800,000 on pro-Romney ads, but it has flooded his Republican opponents with attack ads totaling 17 million. Restore Our Future’s war chest comes from under 200 donors, 85 percent of whom had already donated the maximum amount to the Romney campaign.

Romney’s campaign has raised at least $500,000 from the oil and gas industry, according to Open Secrets. But his super PAC allows special interests another chance to exert their influence. While many of the super PAC’s donors come from the financial sector, coal, oil, and gas have also flocked to Restore Our Future:

Coal mining:
– Oxbow Carbon:$750,000

– Oxbow President Bill Koch: $250,000

– Consol Energy: $150,000

Oil and Gas:
– Ballard Exploration: $25,000

– Bassoe Offshore President Jonathan Fairbanks: $25,000

– Murphy Wade of Murphy Oil Corporation: $15,000

– Joseph Grigg of American Energy Operations: $5,000

– Total for oil, gas, and coal: $1,220,000

In total, coal, oil, and gas companies contributed at least $1.2 million to Restore Our Future’s $18 million haul in the last half of 2011. The coal company Oxbow Carbon, alone, contributed $1 million, including a $250,000 donation from billionaire Oxbow CEO Bill Koch — the brother of oil billionaires Charles and David of Koch Industries.

With Perry out of the race, Romney has received more money from mining and oil than any other presidential candidate. The pro-Perry super PAC “Make Us Great Again” took in an outstanding $1.3 million from oil companies and executives during the last six months of his run.

Although Restore Our Future has no “formal” ties to the candidate, the donations reflect Romney’s right pivot on energy and climate concerns. The Massachusetts governor that once supported regulations on coal pollution, has since questioned whether carbon is even dangerous. In addition to becoming a climate denier, he now blasts government support for cleaner energy — despite creating a state green fund as governor.

You can expect Romney to sound suspiciously like his rich polluting backers, as dirty money continues to flood Restore Our Future and Romney’s campaign stash.

Politics

EXCLUSIVE: Major Romney Bundler Is Agent Of Foreign Government

Ignacio E. Sanchez

Ignacio E. Sanchez (credit: Woodrow Wilson International Center for Scholars)

Ignacio E. Sanchez is a lobbyist at DLA Piper, an influential global law firm and a major bundler for the Mitt Romney campaign. A ThinkProgress review of public records reveals Sanchez is also a registered foreign agent representing the interests of the United Arab Emirates and of a former president of the Dominican Republic.

While political candidates are not legally required to identify bundlers — volunteer fundraisers who collect bundles of campaign contribution checks for the campaign — a 2007 law requires that federal candidates disclose the names of any registered lobbyists who bundle large amounts for their campaign. On Tuesday, Romney’s campaign reported that 14 lobbyists combined to raise more than $1.6 million last year in bundled contributions.

One of those lobbyist-bundlers was Sanchez, who raked in $86,700 for the former Massachusetts governor. This major fundraising raises questions about the level of access and influence Sanchez — and by extension, his corporate and international clients — would have in a Romney administration.

Unlike the other 13 identified lobbyist-bundlers, Sanchez is a registered foreign agent. A form filed Monday with the U.S. Department of Justice reveals that he beyond just representing the interests of those domestic clients, Sanchez also represents the embassy of the United Arab Emirates and the presidential campaign of Dominican Republic former president Hipolito Mejia.

Mejia is seeking to reclaim the job he held from 2000 to 2004 and lost in a landslide defeat, amid a national economic crisis and financial near-collapse.

The United Arab Emirates has been among the stronger U.S. allies in the Middle East and is a key player in OPEC, the Organization of the Petroleum Exporting Countries. But the interests of the two countries don’t always converge and groups like Human Rights Watch have raised concerns about the country’s suppression of free speech and political disagreement.

In the past, Sanchez also represented the governments of Turkey and Ethiopia. Current federal lobbying disclosure forms show that he lobbies Congress and the administration on behalf of Starwood Hotels and Resorts Worldwide (which includes the Sheraton, W, and St. Regis brands) and Diageo North America, the makers of Guinness, Jose Cuervo, Captain Morgan, and dozens of other alcoholic beverages.

President Obama does not accept campaign contributions donated or bundled by federal lobbyists or foreign agents. In last week’s State of the Union address, he called for a ban on bundlers lobbying saying “Let’s make sure people who bundle campaign contributions for Congress can’t lobby Congress, and vice versa — an idea that has bipartisan support, at least outside of Washington.”

But Romney — who has not voluntarily disclosed any other bundlers — is apparently all too happy to accept money from those who are paid to influence policy decisions on behalf of special interests, foreign and domestic.

NEWS FLASH

Sen. Mike Lee’s Also Fundraising Off His Own Obstructionist Tantrum | Sen. Mike Lee (R-UT) doesn’t just think that President Obama’s decision to recess appoint four consumer and worker protection officials is a lot like Pearl Harbor, he also thinks it is a great opportunity to raise campaign funds. In an email sent by Lee’s PAC, he writes “I have an obligation to oppose the president’s unconstitutional actions, but I need your help to win. Please consider a contribution to the Constitutional Conservatives Fund to tell this president he is not above the law! . . . your contribution will help me stand up to the president and fight the Democrats’ billion-dollar attack machine.” As ThinkProgress has previously explained, President Obama’s recess appointments are not unconstitutional. Neither are Social Security, national child labor laws and Medicare, although Mike Lee thinks those are as well.

Politics

Billionaire Buddies: Adelsons Join Forces With Koch Brothers To Take Down Obama

Charles and David Koch

Charles and David Koch

In recent years, billionaire oil magnates David and Charles Koch have bankrolled the Tea Party movement, Republican candidates, and efforts to deny the existence global warming. But less noticed have been their series of twice-yearly strategy coordination meetings for wealthy right-wing donors. These secret confabs have attracted Republicans like Govs. Rick Perry (R-TX) and Rick Scott (R-FL), as well as former Fox News Channel talker Glenn Beck, Supreme Court Justices Antonin Scalia and Clarence Thomas, representatives from the U.S. Chamber of Commerce, and executives from the oil, banking, and health insurance industries.

The most recent meeting attracted two newcomers: Sheldon and Miriam Adelson. Between them, the Las Vegas casino-owner and his wife have reportedly plowed $10 million into a pro-Newt Gingrich super PAC and have donated tens of thousands of dollars to Republican party committees and candidates already this cycle.

A Center for Public Integrity report suggests this may just be the beginning:

Adelson has recently indicated strong interest in backing other GOP allied groups, say fundraisers familiar with his giving. In 2010, Adelson wrote a seven figure check to Crossroads GPS, a non-profit advocacy group that doesn’t have to disclose its donors publicly which was co-founded by GOP super consultants Karl Rove and Ed Gillespie.

The story quotes unnamed fundraisers “familiar with Adelson,” the American Crossroads super PAC and the 501(c)(4) Crossroads GPS, as expecting Adelson to “pump a few million dollars more” into one of the Crossroads groups this year, to help defeat President Barack Obama’s re-election campaign. They also say Adelson is also considering writing a check to the American Action Network, former Sen. Norm Coleman (R-MN)’s non-profit, to help preserve the Republican majority in the U.S. House.

Between the Kochs and the Adelsons, voters around the country should expect to see what voters in Iowa, New Hampshire, South Carolina, and Florida have seen in recent weeks: a seemingly unending stream of dishonest attack ads, paid for by billionaire-funded super PACs and tax-exempt organizations.

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