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3/29/12

US Elections: How the Koch Brothers Spent at Least $3.9 Million in Unreported Partisan Attack Efforts During the 2010 US Election - by Lee Fang

Republic Report has obtained financial audits showing that the billionaire Koch brothers supported at least $3.9 million in unreported election-related activity in 2010. The documents, reported here for the first time, provide a window into an otherwise secret campaign infrastructure that will likely be reactivated this year.

David and Charles Koch, the billionaire brothers of the Koch Industries business empire, are big election spenders: They dumped millions into negative advertisements against Democrats in the last election, and control a political action committees that has distributed well over $5.2 million in checks to favored politicians over the last two campaign cycles (Koch PAC). But the petrochemical plutocrats spent way more than what has been previously disclosed. Documents obtained by Republic Report shed light on the 2010 midterm election strategies of the Koch political machine, including secret money used to harness Tea Party activists into defeating Democrats.

On the Federal Election Commission disclosure website, you won’t find any big checks written to super PACs by David or Charles Koch. That’s because the brothers prefer nonprofit 501(c) organizations to hide their donations and their political spending. By evading the spirit of campaign disclosure laws, the attacks go on with little accountability from the public.

For more: How the Koch Brothers Spent at Least $3.9 Million in Unreported Partisan Attack Efforts During the 2010 Election

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