$10 million donation to pro-Mitt Romney super PAC comes from a familiar face

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  • Ms Molli Bountiful, Utah
    June 15, 2012 8:48 a.m.

    This election may come down to the wealthy buying the highest political position in the nation, and mark my word, it will be the wealthy who will benefit from this. I can hardly wait to see all the rationalizations about how that's a good thing. Hope you all have 4 years of food storage.

  • Rifleman Salt Lake City, Utah
    June 15, 2012 6:10 a.m.

    Re: embarrassed Utahn! Salt Lake City, UT
    "Mitt is still worthy and not at all greed-driven."

    Yes, probably why he accepted the call to take over leadership of the 2002 Winter Olympics without pay. How much more greedy can anyone get?

  • UtahBlueDevil Durham, NC
    June 14, 2012 8:50 p.m.

    @schwa.... did you really think that foreign entities were not participating in PACs? You surely haven't been watching very closely if you were not aware of it. But since you asked.

    :Political action committees connected to foreign-based corporations have donated nearly $60 million to candidates and parties over the past decade, including $12 million since the start of 2009, federal contribution records show."

    Source: WashingtonPost 2010

    "A new study by U.S. PIRG and another research organization, Demos, found that 6.4 percent of super PAC donations since 2010 were "untraceable" because of vague or masked information about the sources of the money. It also found that six of the 10 largest super PACs accepted such untraceable donations — including the pro-Romney group Restore Our Future; Priorities USA Action, a committee backing Obama; American Crossroads, a major Republican super PAC; and its Democratic party rival, American Bridge 21st Century."

    Source: Associated Press

    Further, US subsidiaries of foreign corporations are allowed to legally donate to PACs. They are not allowed to direct the activities of that pack, but can spend all they want.

    (See FEC AOs 2000-17, 1995-15, 1990-8, 1989-29, and 1989-20.)

  • embarrassed Utahn! Salt Lake City, UT
    June 14, 2012 8:36 p.m.

    Don't worry, the "donation" will go only to promote humanitarian causes! Mitt is still worthy and not at all greed-driven.

  • lost in DC West Jordan, UT
    June 14, 2012 5:27 p.m.

    Poor BO is not as successful in fundraising. call the waaaambulance!

    I didn't see all this dem hand-wringing in the 2010 election cycle when they raised more money than the repubs. It only becomes "bad" when they again find themselves on the short end of the stick.

    I think Schwa was referring to the Chinese money paid to the clinton campaign in 1996.

    BO promised early in the 2008 campaign to just use public money. His abandonment of that pledge was not grudginly done in the least.

    you mean the $35,000 - $65,000 per plate fundraisers BO's had in Hollywood and at Bain Capital were only $250 per person?

    Now if you are talking about union dues forcibly removed from workers' paychecks in closed shop states and funneled to the BO campaign - I guess you can make your $250 claim.

  • williary Kearns, UT
    June 14, 2012 4:22 p.m.

    Does Mitt have a tourbus? He can put the names of this "sponsors" in sticker form all over the vehicle, like a Nascar driver!

    So unfortunate that the supreme judicial voice of the land used their political ideals to help destroy the campaign process, even more than it already was.

    I can see it now; "President Mitt Romney, brought to you by Shell Oil, NuSkin and Las Vegas Casino Owners."

    What Rifleman refuses to acknowledge, no matter how many times the facts are pointed out to him, is that it's not just about these random HUGE donations for Mitt. 85% of the donations to his campaign itself are large donations, $250 or more. Then add in the MILLIONS to Republican Super PAC's that are 100% financed by corporations and millionaires, and 99% of every dollar that is spent in support of Mitt comes from the 1%. Those are just facts.

    Meanwhile, 98% of the President's campaign donations are $250 or less. And the money given to Pro-Obama Super Pac's from millionaires/corporations doesn't even touch Mitt's. Again, facts.

  • Schwa South Jordan, UT
    June 14, 2012 2:44 p.m.

    Your democratic rights are being sold to the highest bidder.

    Everyone should stop for a moment and think about the fact that FOREIGN MONEY is now allowed in our political campaigns.

  • atl134 Salt Lake City, UT
    June 14, 2012 11:39 a.m.

    Liberals object to the system we have that allows for unlimited donations of this kind, but are aware that if we're stuck in this stupid system, we can't unilaterally disarm so we'll use it begrudgingly (evident in the fact that Democratic supporting superPACs are doing abysmally by comparison).

  • Rifleman Salt Lake City, Utah
    June 14, 2012 11:09 a.m.

    While the liberals don't object to donations to Obama's campaign they find it irritating that Mitt Romney would beat them at their own game.

    It's only going to get worse for Obama as time goes on.