In its official IRS Form 990, the 501c4 corporation Americans Elect asserted its freedom from campaign finance restrictions by declaring that “Americans Elect does not and will not support or oppose any candidate or candidate committee.” Click the image for the full Internal Revenue Service document:
Americans Elect broke the “will not support any candidate” part of that pledge earlier this month when it started swamping the state of Maine with hundreds of thousands of dollars of advertisements promoting the Senate campaign of Angus King, funded by Wall Street tycoons John Burbank III, Peter Ackerman and Michael Bloomberg.
On Sunday October 21, Americans Elect quietly filed notice with the Federal Election Commission that it had broken the “will not oppose any candidate” part of its pledge. Americans Elect is now directing its money into negative advertisements against Angus King’s opponent, Charlie Summers. Click on the image for the full FEC report:
Less than six months ago, Americans Elect was portraying itself as the last hope for democracy. But Americans Elect’s Wall Street tycoons directed this cash into the Maine Senate race without holding a single vote.