This Week in Dark Money: June 22, 2012

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We’re proud to collaborate with Mother Jones in sharing insightful journalism related to money and politics. We’ll be posting this weekly roundup every Friday. Share your thoughts about these must-read stories and always feel free to suggest your own in the comments section.

A quick look at the week that was in the world of political dark money

THE MONEY SHOT

$255.2 million raised by Barack Obama; $121 million raised by Mitt Romney; more money totals; Credit: Mother Jones magazine

QUOTE OF THE WEEK

“Your defense of Crossroads’ legal position last night on Fox News was both mystifying and revealing.”
—Robert Bauer, the Obama campaign’s chief legal counsel, in his second snarky letter to Karl Rove this week. He’s demanding that Rove disclose the donors to his dark-money nonprofit Crossroads GPS, which claims to be a “social welfare” group. (Read about the first letter here.)

ATTACK AD OF THE WEEK

Earlier this month, President Obama told reporters at a White House press conference that “the private sector is doing fine.” By that, he meant that the private sector has fared better as of late than the flailing public sector. But the comment makes for a great attack-ad sound bite and could become a headache for Obama. The Romney campaign was the first to pounce on the gaffe with an ad last week. Earlier this week, the pro-Romney super PAC Restore Our Future came out with with its own ad; it was followed by this ad by the Koch brothers-affiliated Americans for Prosperity:

[youtube http://www.youtube.com/watch?v=z7VLSnI2DAw&w=560&h=315]

FAKE ATTACK AD OF THE WEEK

Courtesy of the Mother Jones DC news team, a cautionary look at what could happen if dark money invaded the land of Westeros. Watch the Crossbows GPS spot below. (Warning: the videos contain mild spoilers from season two of Game of Thrones.)

[youtube http://www.youtube.com/watch?v=a6r9CdNenuk&w=560&h=315]

STAT OF THE WEEK

$94.8 million: The amount of money spent by dark-money “social welfare” groups like Crossroads GPS in the 2010 election, according to research by the Center for Responsive Politics and the Center for Public Integrity. That’s 45 percent more than super PACs spent during the same cycle.

MORE MOJO DARK MONEY COVERAGE

Follow the Dark Money: The down and dirty history of secret spending, PACs gone wild and the epic four-decade fight over the only kind of political capital that matters.
3 Companies, 1 PO Box, and a $1 Million Super PAC Gift: If Houston computer magnate Robert T. Brockman wants to cover his tracks, he’s not trying hard enough.
How to Sweep Dark Money Out of Politics: Undoing Citizens United, the DIY guide.
Citizens United vs. Sideboob: The court is more worried about a little skin on TV than unlimited corporate money in elections.
Connecticut’s Governor—A Democrat!—Sides With Dark Money: Gov. Dannel Malloy vetoed the disclosure bill over policy and constitutional worries, but reformers say he’s way off mark.

MORE MUST-READS

• Thanks to outside spending groups, Barack Obama “may be the first incumbent president to be out-raised by his opponent.” AP
• Mitt Romney plans to mingle with deep-pocketed donors at “Republicanpalooza” this weekend. New York Times
• Will Karl Rove’s donor disclosure dodges lead to Crossroad GPS’ downfall? Huffington Post
• The US Chamber of Commerce works with Republicans to block a donor disclosure bill. iWatch News
• Stephen Colbert’s super PAC barely raised any money last month, but it’s inspired copycats like My Cat Xavier for a Better Tomorrow, Tomorrow. Politico

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