Showing posts with label Donors. Show all posts
Showing posts with label Donors. Show all posts

Tuesday, August 16, 2011

U.S. ELECTIONS: Gov. Rick Perry's big donors fare well in Texas!


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By Matea Gold and Melanie Mason, Washington Bureau, latimes.com / August 16, 2011.

Texas Gov. Rick Perry
Texas Gov. Rick Perry campaigns in Iowa for the Republican presidential nomination. A Times analysis finds his mega-donors have fared well during his tenure in Texas; his aides deny the donors got special perks. (Chip Somodevilla, Getty Images / August 15, 2011).

Reporting from Washington— Texas Gov. Rick Perry has powered his political career on the largesse of donors like Dallas billionaire Harold Simmons, who gave the governor $1.12 million in recent years.

And donors like Simmons have found the rewards to be mutual, reaping benefits from Texas during Perry's tenure.

Perry has received a total of $37 million over the last decade from just 150 individuals and couples, who are likely to form the backbone of his new effort to win the Republican presidential nomination. The tally represented more than a third of the $102 million he had raised as governor through December, according to data compiled by the watchdog group Texans for Public Justice.

Nearly half of those mega-donors received hefty business contracts, tax breaks or appointments under Perry, according to a Los Angeles Times analysis.

Perry, campaigning Monday at the Iowa State Fair in Des Moines, declined to comment when asked how he separated the interests of his donors from the needs of his state. His aides vigorously dispute that his contributors received any perks.

"They get the same thing that all Texans get," said spokesman Mark Miner.

Along with Simmons — who won permission to build a low-level radioactive waste disposal site in Texas, a project that promises to generate hundreds of millions of dollars — The Times found dozens of examples in which major donors to Perry have benefited during his tenure.

Auto magnate B.J. "Red" McCombs, who contributed nearly $400,000 to the governor, is the primary financial backer for a Formula One racetrack to be built near Austin. The state has pledged $25 million a year in subsidies to support the project.


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Sunday, August 7, 2011

MITT ROMNEY: Mystery donor comes forward!


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By MAGGIE HABERMAN, politico.com / Updated: 8/6/11 1:05 PM EDT.


Full Story at,The anonymous donor behind the headline-making $1 million contribution to a pro-Mitt Romney super PAC is a former Bain Capital official with long ties to the candidate, who's asking the outside group to amend its filings, POLITICO has learned.

The check-writer is Ed Conard, who was a top official at Bain, the private-equity firm Romney helped create, and who has been a strong supporter of his over the years.

The donation, made to the super PAC "Restore Our Future" - which was founded by former Romney advisers and is able to take in unlimited contributions, but must report them to the FEC - showed up in the group's first round of filings. It was listed as coming from a W Spann LLC.

In a statement to POLITICO, Conard said, "I am the individual who formed and funded W Spann LLC. I authorized W Spann LLC’s contribution to Restore Our Future PAC.

"I did so after consulting prominent legal counsel regarding the transaction, and based on my understanding that the contribution would comply with applicable laws," he said. "To address questions raised by the media concerning the contribution, I will request that Restore Our Future PAC amend its public reports to disclose me as the donor associated with this contribution."

The LLC had been registered to a Madison Avenue address in Manhattan that was the same building occupied by Bain, sparking more of the mystery surrounding Spann. Sources familiar with the situation said Conard retired from Bain in 2007, but still maintains an office of his own at that Madison Avenue address.

Conard came forward as criticism from campaign watchdogs and Democrats were gathering steam, and there was an official complaint with the FEC, as well as with the Justice Department, filed by a nonpartisan group.

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Saturday, June 11, 2011

CONG. DIGVIJAY UVACHA: Ramdev should reveal names of donors for his trusts!

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Claiming that trusts run by yoga guru Ramdev were involved in money-laundering, Congress General Secretary Digvijay Singh has said Ramdev should declare the names of those who donated money to his trusts.
"Ramdev, who has raised certain questions against the central government, should take the initiative to declare the names of those who donated money to his trusts," Singh told reporters last night.
He alleged that trusts run by the yoga guru, who is carrying out an agitation against corruption in the country, were involved in money-laundering by helping those making donations save income tax.
01)  This, inter alia, other facts have been discussed in detail in, "Flip-Flop Ramdev: 'Flip-Flops again on his Assets Declaration Statement'!", @ 
02)  Why don't you arrange to obtain this information though your own means or through RTI Act?
03)  Ramdev's Chela, Balkrishna has already, categorically, said that they won't volunteer such information on their own unless they are forced through RTI Act.
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