Someone at WaPo actually committed an act of journalism; see “Koch-backed political coalition, designed to shield donors, raised $400 million in 2012.”
Matea Gold writes,
The political network spearheaded by conservative billionaires Charles and David Koch has expanded into a far-reaching operation of unrivaled complexity, built around a maze of groups that cloaks its donors, according to an analysis of new tax returns and other documents. …
…A labyrinth of tax-exempt groups and limited-liability companies helps mask the sources of the money, much of which went to voter mobilization and television ads attacking President Obama and congressional Democrats, according to tax filings and campaign finance reports.
The article goes on to describe the Koch’s several astroturf organizations are set up in a way that cloaks the donors, so there is no way to find out where money originates. The article doesn’t say this, but seems to me there could be all kinds of foreign money flooding into our election process through this labyrinth, and we’d never know about it.
For that matter, we don’t know how much of their own money the brothers Koch are pouring into this.
I liked this part:
Tracing the flow of the money is particularly challenging because many of the advocacy groups swapped funds back and forth. The tactic not only provides multiple layers of protection for the original donors but also allows the groups to claim they are spending the money on “social welfare” activities to qualify for 501(c)(4) tax-exempt status.
As sure as the night follows the day, some commenters got on WaPo and chalenged them to print an expose of George Soros and the Unions and what they are contributing. But that wouldn’t be an expose, because that appears to be public knowledge. According to Open Secrets, Soros Fund Management spent $2,775,000 during te 2012 election cycle. By comparison, Sheldon Adelson
was snookered for paid out $92,796,625 during the same period. But I couldn’t find information on the Koch brothers’ donations at all. It’s like they don’t exist, or something. Very creepy.