In its original fundraising appeals to large and small donors, the use-big-money-to-stop-big-money Mayday Super PAC declared that it would raise $12 million for spending on 2014 races (with $6 million from small-to-medium donors, $6 million from megadonors), then stop fundraising and spend the raised money in campaigns.
Here’s the documentation of that plan from multiple [...]
Leaders of the old privatized presidential election corporation called Americans Elect have gathered again to form the Mayday PAC, a political group that avowedly describes itself as a “Super PAC to end all Super PACs.” The Mayday PAC asks visitors to contribute money to stop the influence of money in politics:
Contributions of up [...]
In a late 2012 Boston Globe article, Americans Elect leader Dan Winslow revealed the group’s plans for 2014:
The ad campaign in Maine represents a new mission for Americans Elect, which formed initially to advance a third-party candidate in the presidential race. That effort fell apart in May, and the group has reconstituted itself to [...]
What do we make of congressional candidate Nick Troiano?
On the one hand, Nick Troiano justifies his run for Congress by boasting of his experience working for Super PACs, 527s and 501(c)(4) corporations as the young face speaking on behalf of the interests of old money. Listen to Nick Troiano describe how he built his [...]
Last week, 45 U.S. Senators banded together to halt unemployment insurance for 1.5 million out-of-work Americans.
The average estimated net worth of those 45 Senators is $6.98 million.
The full list:
Senator Voting Against Unemployment Insurance Senator’s Estimated Net Worth Risch (R-ID) $ 53,517,527.00 Corker (R-TN) $ 49,114,509.00 Hoeven (R-ND) $ 37,115,538.00 Johnson (R-WI) $ [...]
The St. John Valley Times shares the text of on an October 17 speech given by outgoing Maine Senator Olympia Snowe, praising the work of the 501c4 corporation Americans Elect:
“And I want to leave you with this thought – that we do have a foundation today for rebuilding a government that works. The recent [...]
Once heralding democracy for everyone, Americans Elect has restricted its voting membership down from tens of thousands of people to just three individuals: the individual Wall Street tycoon Peter Ackerman, the individual Wall Street tycoon Michael Bloomberg, and the individual Wall Street hedge fund Passport Capital (yes, corporations are people). Democracy works best when the [...]
Meet the voters of Americans Elect. There are only three of them.
Voter #1: Michael Bloomberg. Voter qualification: $500,000 in Wall Street money. Michael Bloomberg made billions of dollars selling high-priced infrastructure to Wall Street traders, allowing those gain unusually quick access to company information so they could make better trades and make more money [...]
The private nominate-a-president corporation called Americans Elect still exists, but its operations have ceased for the time being, sunk by its failure to find enough actual people who agreed with its centrist mission. But the people who funded Americans Elect are still there, they still have an interest in affecting American politics, and they still [...]
The Committee to Get Walker Running — a draft committee trying to get David Walker on the presidential ballot through Americans Elect — calls itself a “grassroots and youth-driven initiative” in public:
Grassroots? In private, the committee informed the Federal Election Commission on April 24 that “This committee intends to make unlimited independent expenditures, [...]