TV News LIES

Sunday, Apr 20th

Last update02:58:40 AM GMT

You are here News Politics Politico: The Koch brothers' secret bank

Politico: The Koch brothers' secret bank

E-mail Print PDF

Koch BrothersAn Arlington, Va.-based conservative group, whose existence until now was unknown to almost everyone in politics, raised and spent $250 million in 2012 to shape political and policy debate nationwide.

The group, Freedom Partners, and its president, Marc Short, serve as an outlet for the ideas and funds of the mysterious Koch brothers, cutting checks as large as $63 million to groups promoting conservative causes, according to an IRS document to be filed shortly.

The 38-page IRS filing amounts to the Rosetta Stone of the vast web of conservative groups — some prominent, some obscure — that spend time, money and resources to influence public debate, especially over Obamacare.

The group has about 200 donors, each paying at least $100,000 in annual dues. It raised $256 million in the year after its creation in November 2011, the document shows. And it made grants of $236 million — meaning a totally unknown group was the largest sugar daddy for conservative groups in the last election, second in total spending only to Karl Rove’s American Crossroads and Crossroads GPS, which together spent about $300 million.

More...


Most Recent Related Stories...


Kansas speech by Michelle Obama draws complaints

Michelle ObamaIf expanding the guest list to include Michelle Obama at graduation for high school students in...

The US is not a democracy but an oligarchy, study concludes

wall streetOligarchy is a form of government in which power is vested in a dominant class and...

The tea party radio network

tea party radioGlenn Beck worked the crowd like a preacher at a rally this month in Louisville, Ky.,...

Bloomberg plans $50M gun control network

gun controlFormer New York Mayor Michael Bloomberg announced Wednesday that he plans to spend $50 million this...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!