This is the first installment of a new feature at Moyers & Company, as producer Gail Ablow shares her must-read money and politics stories every week.
Koch-Backed Political Coalition, Designed to Shield Donors, Raised $400 Million in 2012: Mattea Gold of The Washington Post dives deep into the political money maze constructed by conservative billionaires Charles and David Koch. Gold uses a collaborative analysis of tax returns by WaPo and the nonpartisan Center for Responsive Politics to investigate the 17 interconnected groups backed by the Kochs and other conservative donors – an alliance that raised $407 million to influence the 2012 campaign. “Its funders remain largely unknown,” writes Gold. “The coalition was carefully constructed with extensive legal barriers to shield its donors.” This opaque network is in gear again to attack the new health care law, kill environmental regulations, and impact the 2014 midterm elections. MORE