Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

formercia

(18,479 posts)
Sat Oct 13, 2012, 11:39 AM Oct 2012

Romney's 'Restore our Future' super PAC

What tangled Webs they weave....


http://www.newsreview.com/sacramento/money-wins/content?oid=6480953

-snip--

As of the end of May, a select few of these super-rich Californians have donated approximately $11.4 million to the top five super PACs that were most active in shaping the Republican presidential-primary campaign. In other words, one in every $10 raised by these five super PACs came from just several hundred of the Golden State’s wealthiest residents. But the real impact of California’s wealthy political funders has been even more concentrated.
The Romney-linked Restore Our Future super PAC has been a favorite of California’s conservative elite, receiving $5.4 million from 89 California residents, an average of $60,000 per donor. The majority of donations, however, came from a smaller group who contributed more than $100,000 each. The 17 individuals who gave more than $100,000 to Restore Our Future accounted for 70 percent of the PAC’s California-raised funds.
Similar to how California money is key to helping fund super PACs, one in $10 raised by Restore Our Future, and spent to influence voters in key primaries such as Iowa, South Carolina and Florida came from a wealthy Californian.

--snip--

It gets really interesting......

Latest Discussions»General Discussion»Romney's 'Restore our Fut...