2016 Postmortem
Related: About this forumRotisserie Our Future
Otherwise known as Rmoney Super Pac, Restore Our Future:
As of July 2012, Restore Our Future had raised more than $60 million, [4] a large portion of which came from Wall Street contributors.[5]
The largest individual contributor to Restore Our Future was John Paulson, a billionaire and hedge fund manager who is, according to Politico, "famous for [having enriched] himself by betting on the collapse of the housing industry."[3] An additional million dollars came from W Spann LLC, a dummy corporation with no record of actual business activities.[7] W Spann LLC was incorporated, donated to the PAC, and then dissolved in a matter of months,[8][9] attracting concern from election-watchdog groups and campaign-finance experts about the use of dummy corporations to shield large campaign contributions from public scrutiny.[7]
Several watchdog groups requested that the Justice Department and Federal Election Commission investigate donations to Restore Our Future from W Spann LLC as possible violations of campaign-finance law.[10] Restore Our Future declined to provide additional details about the donation and asserted that it had complied with existing laws.
In response to rumors, a spokesman for Bain Capital, a private equity firm previously headed by Romney, stated that W Spann LLC "is not affiliated with Bain Capital or any of our employees."[7] Shortly thereafter, Edward Conard, a former top executive at Bain Capital who retired in 2007, came forward to state that he had formed W Spann LLC and funded and authorized the $1 million contribution.[11] Conard requested that Restore Our Future amend its filings to reflect that he, rather than W Spann LLC, had donated the $1 million.[12][13]
Another entity, Paumanok Partners LLC, contributed $250,000 to Restore Our Future. It has been traced back to Romney donor William Laverack, Jr.[14] Glenbrook L.L.C. was originally reported as donating $250,000 in August 2011, but in an amended filing with the FEC the Glenbrook donation was replaced by two $125,000 donations by Jesse Rogers, a former executive at Bain & Company.[15]
Two additional $1 million contributions came from corporations registered to the offices of two executives of Nu Skin Enterprises, a Utah-based multilevel marketing company selling skin-care products and dietary supplements.[3] Other large contributors included members of the Marriott family, hedge-fund managers, and investors in Bain Capital.[3]
Several Affiliates of Melaleuca, Inc., an Idaho-based multilevel marketing[16] company owned by Frank L. VanderSloot, have donated a total of approx. $1 million to the PAC.[17] VanderSloot is also a national finance co-chairman of the Romney campaign.
Bob Perry, a conservative Texan mega-donor, has made at least $14 million in political contributions this election cycle, and cut one of the largest checks to a super PAC playing in the presidential race last month. He gave $2 million to Restore Our Future, the independent group run by former aides to Mitt Romney.
Fellow Texan Robert Rowling, an investor, has donated a combined $2 million in July to the pro-GOP group American Crossroads, with funds coming from himself and TRT Holdings Inc., his holding company.
The two groups, which run ads attacking Mr. Obama and defending Mr. Romney, raised $14.6 million last month$7.1 million by American Crossroads, and $7.5 million by Restore Our Future.
Sheldon Adelson, casino meister, is likely more drawn to Boteach's pro-Israel positions. Boteach has dinged Pascrell for signing the Gaza 54 letter, which asks President Barack Obama to terminate the Israeli blockade of Gaza Price of admission/ $10 million to Restore Our Future.
Restore Our Future is primarily airing ad's in the states of Colorado, Florida, Iowa, Michigan, Nevada, New Hampshire, North Carolina, Ohio, Pennsylvania, Virginia, and Wisconsin.