Filing Note: Peterson Beneficiary Nick Troiano Officially Running for Congress
We’ve been following the fortunes of Nick Troiano since his entry into the political stable of investment wealth investors as a recruit to run the Unity Petition and College Outreach efforts of Unity08, a privatized effort to elect a President that claimed to be against big money in politics but that was actually financied almost exclusively by Wall Street private wealth investment financiers and denizens of the DC Beltway elite dinner circuit. Troiano went on to work for:
==> Americans Elect, a continuation of Unity08 that was also financed by Wall Street money and DC Beltway insiders;
==> the Youth Advisory Council for the Concord Coalition, a political front group for billionaire Pete Peterson and his Social Security, Medicaid and Medicare privatization politics;
==> the Can Kicks Back, another front group for Social Security, Medicaid and Medicare cuts that was funded by billionaire Pete Peterson.
Earlier this year, I noted that Nick Troiano had formed an exploratory committee to raise funds for a congressional campaign in Pennsylvania District 10. Bill correctly chided me when I referred to Troiano as a “candidate”:
“Important to note that, as yet, Troiano isn’t “running for congress.” He goes out of the way to bill himself as “a potential candidate” and he has an “exploratory committee.” This is a legal nicety that enables him to raise unlimited money without revealing his donors’ identities to the FEC (hmm…where have I heard that before?). Once (or should I say “if”) he actually declares, only then do he and his donors come under FEC scrutiny.
Quite right, Bill. But now Nick Troiano has officially announced that he’s running for Congress. This means that as of July 15, 2014, we’ll be able to see who is contributing to his campaign. Are his supporters people who actually live in PA-10? Or are they the same Wall Street and DC denizens they’ve been to date? Wait three months and we’ll see.
Postscript: The other day, someone asked me why I was so “obsessed” with following political connections to and from the Unity08/Americans Elect group. Why bother, now that they’re “dead”? Isn’t this research “creepy”? Those are fair questions, so let me offer what I think are some fair answers.
1) In the 2008 cycle, people said Unity08 was dead, but it rebirthed itself under a new name for 2012: Americans Elect. When Americans Elect’s presidential aspirations tanked due to a lack of actual popular support, Americans Elect redirected itself to funnel millions in murky money toward a presidentialrace. Given the amount of money being tossed about the group’s donors, it’s a good idea to keep an eye out for another resurrection.
2) Throughout its cycles, Unity08/Americans Elect has done its best to hide its donor base while it shifted its guises and professed aims. This means that sustained attention to the group’s activities and sources is important.
3) Unfortunately, nobody else appears to really paying attention to the group through its various cycles, so I’ve decided to follow the thread.
Is Nick Troiano still an arm of the Unity08/Americans Elect apparatus, or as sometimes happens in politics has he successfully detached himself to run as a true independent? Time and attention will tell.
Call it creepy obsession or call it accountability, I’ll keep it up. If there’s something you know, I hope you share it too.