Donors Invest Millions in Romney for Billions in Returns
Source: Bloomberg
Wealthy donors and corporations are more heavily invested in this presidential election than at any time since the 1972 Watergate scandal led to stricter campaign- finance laws.
A series of court decisions and regulatory changes in 2010 unraveled federal limits on donations, paving the way for a return of the big players. They are pooling their money in nonprofits, which keep contributor names secret, and super- political action committees, which amassed $350 million through the end of July.
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Top Republican contributors say they back the partys presidential candidate Mitt Romney because they agree with his small-government philosophy or oppose President Barack Obamas new regulations on banks and the health-care industry.
Yet Romney is more than just a political kindred spirit; hes a sound investment. Heres how a Romney presidency might pay off -- literally -- for some of these super-donors.
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Read more: http://www.bloomberg.com/news/2012-08-29/donors-invest-millions-in-romney-for-billions-in-returns.html
The article focuses on what billionaires Sheldon Adelson, Harold Simmons, John Childs and the Koch brothers can expect to get in return for their political investment.
Re the Kochs: instead of describing how they could profit from Romney cutting environmental regulations (which they also want cut), the article deals with how financial deregulation could mean much more profit for their trading company, Koch Supply and Trading, "one of the worlds largest energy traders, which also deals in swaps for clients including hedge and pension funds."
Dustlawyer
(10,497 posts)Repugnants jealously guard the secrecy of these donors! I can guarantee BP sure gave a TON OF $$$$$$$! What legislation did the Dems introduce to disclose, was it called the Disclose Act or something? We need to keep introducing and voting on it just like the Repunants do with repealing Obama Care!
socialindependocrat
(1,372 posts)They are going to be able to document how many millions of dollars need to be spent to sway the votes of a few people.
They are fighting over 16% of the undecided people.
It is my thought that when people view an ad on TV they make a value jugement as to whether they believe the ad or not. So, you like the Dem ads and you hate the Repug ads. Will you change your mind if you see the same "stupid" ad 50 times? So, how much money is going into repeating these ads and what percentage of the people will be swayed?
It's going to be fun to see how these guys deal with loosing 100's of millions of dollars and not get anything out of it.
Back to the drawing board!
Same strategy
New tactic
Auntie Bush
(17,528 posts)Financial tip..... Quick...buy stock in Kleenex!