2012 election drowning in secret money - Increase spending at 47% since 2006 midtermsQuicklink submitted by Amanda Lang Permalink
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|The 2012 elections are awash in secret money, with donors accountable to no one, while the national media sleeps and few voters seem to care... "The percentage of spending coming from groups that do not disclose their donors has risen from 1 percent to 47% since the 2006 midterm elections."
Spending by those secretive 501c non-profits "increased from zero percent of total spending by outside groups in 2006 to 42% in 2010." OpenSecrets said the "amount of independent expenditure and electioneering communication spending by outside groups has quadrupled since 2006."Meanwhile, 72% of "political advertising spending by outside groups in 2010 came from sources that were prohibited from spending money in 2006."
The Center for Public Integrity, which is devoted to investigative journalism, reports 62% of the money raised by the two conservative groups associated with Karl Rove...
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