This Week in Dark Money

A quick look at the week that was in the world ofĀ political dark money

the money shot

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quote of the week

“We need our side to wake up.”
ā€”Democratic Senate Campaign Committee executive director Guy Cecil, in an plea to wealthy liberal donors to start giving to super-PACs to narrow the party’s outside-spending gap.

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chart of the week

Casino tycoon and former Newt Gingrich super-PACĀ megadonor Sheldon Adelson gave $10 million to the pro-Mitt Romney super-PACĀ Restore Our Future this weekā€”the largest disclosed donation in support of Romney to date. Adelson and his wife have contributed $35 million to super-PACs so far, and Sheldon has said that he plans to give at least $100 million to conservative groups . For the billionaire, that’s just a drop in the bucket:

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STAT of the week

$367/hour: That’s how much the average House member has to raise to keep her seat. Senators must come up with $819 an hour. Check out our list of Congress’ most and least expensive seats, on an hourly basis.

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race of the week

Outside spending dominated the year’s first general election contest, held Tuesday to replace Rep. Gabrielle Giffords (D-Ariz.) (who stepped down after last year’s assassination attempt). Parties and super-PACs poured more than $2.3 million into the race between tea partier Jesse Kelly and former Giffords staffer Ron Barber (the victor). At least $1.1 million of it was in support of Kelly, including $100,000 from the Citizens United PAC, and nearly $200,000 from Karl Rove’s American Crossroads. This recent ad from the House Majority PAC, which spent $458,000 supporting Barber and was the only Democratic super-PACĀ in the mix, featured a clip of Kelly calling Giffords a “hero of nothing” in 2010, before she was shot:

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more mojo dark money coverage

ā€¢ How Dark-Money Groups Sneak By the Taxman: Nonprofits like Karl Rove’s Crossroads GPS are all about “social welfare,” not partisan politics. Well, at least that’s what they tell the IRS.
ā€¢ Sheldon Adelson’s $10 Million Donation to Romney Super-PAC: Is this just the tip of the Iceberg?
ā€¢ Tune in:Ā This weekend, MoJo editors-in-chief Monika Bauerlein and Clara Jeffery will appear on Moyers &Ā Company to talk dark money. Check your local listings for times.

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more must-reads

ā€¢ Obama senior campaign adviser David Axelrod calls for a constitutional amendment to undo Citizens Unitedā€”after meeting with super-PAC donors. New York Times
ā€¢ Campaign-finance reform advocates hail a decision to let people to donate to campaigns via text message. Center for Responsive Politics
ā€¢ Corporations are people:Ā A conservative dark-money group lists a corporation as a board member. Republic Report
ā€¢ 73 million cans of Natty Lightā€”and other stuff Sheldon Adelson could buy with $10 million. Huffington Post

WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We canā€™t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

Because the in-depth journalism on underreported beats and unique perspectives on the daily news you turn to Mother Jones for is only possible because readers fund us. Corporations and powerful people with deep pockets will never sustain the type of journalism we exist to do. The only investors who wonā€™t let independent, investigative journalism down are the people who actually care about its futureā€”you.

And we need readers to show up for us big timeā€”again.

Getting just 10 percent of the people who care enough about our work to be reading this blurb to part with a few bucks would be utterly transformative for us, and that's very much what we need to keep charging hard in this financially uncertain, high-stakes year.

If you can right now, please support the journalism you get from Mother Jones with a donation at whatever amount works for you. And please do it now, before you move on to whatever you're about to do next and think maybe you'll get to it later, because every gift matters and we really need to see a strong response if we're going to raise the $253,000 we need in less than three weeks.

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We canā€™t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

Because the in-depth journalism on underreported beats and unique perspectives on the daily news you turn to Mother Jones for is only possible because readers fund us. Corporations and powerful people with deep pockets will never sustain the type of journalism we exist to do. The only investors who wonā€™t let independent, investigative journalism down are the people who actually care about its futureā€”you.

And we need readers to show up for us big timeā€”again.

Getting just 10 percent of the people who care enough about our work to be reading this blurb to part with a few bucks would be utterly transformative for us, and that's very much what we need to keep charging hard in this financially uncertain, high-stakes year.

If you can right now, please support the journalism you get from Mother Jones with a donation at whatever amount works for you. And please do it now, before you move on to whatever you're about to do next and think maybe you'll get to it later, because every gift matters and we really need to see a strong response if we're going to raise the $253,000 we need in less than three weeks.

payment methods

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