So funny to see the refer to his "huge" crowd of 200!!!
Posted on 02/06/2016 1:14:48 PM PST by Jane Long
Manchester, New Hampshire (CNN)A super PAC spending millions of dollars to bash Ted Cruz's Republican rivals is shielding the names of many of its top donors and strategists, accepting and directing donations through a particularly high number of hard-to-trace companies, new documents reveal.
Stand for Truth, Inc., an emerging player in the orbit of often clashing constellation of pro-Cruz super PACs, recently pledged to air more than $4 million in television ads to back Cruz in Iowa and South Carolina. Super PACs can accept unlimited contributions but are required to disclose their financial backers.
The twist here is that Stand for Truth has accepted more than $1 million in donations from corporations or limited liability companies, whose funders are difficult to uncover, meaning the original source of the campaign cash is hidden. While corporations can make donations to super PACs, an LLC allows individual donors to steer cash through easy-to-register, self-owned organizations.
"LLCs seem to be a new vehicle for laundering money into elections," said Paul Ryan, a campaign finance reformer worried about donors essentially using them as shell companies to transfer cash anonymously. "It's really hard to find out about LLCs. That's one of the reasons they've become popular."
Stand for Truth has largely operated quietly, not responding to questions about new television advertisements from media .....
SNIP
.....No leadership beyond the treasurer who filed its federal elections forms, a former counsel to Mitch McConnell named Eric Lycan, has publicly identified itself. Lycan has not responded to repeated requests for comment from CNN about the group's activities, and he declined to talk by phone this week. He did say in an email on Friday that the group was run by "consultants from across the country committed to electing a courageous conservative as our next President."
(Excerpt) Read more at cnn.com ...
You are correct, I should let the Cruz criminals be tried and sentenced here given how many PAC scholars and political professors are on board for Trump.
Do you honestly believe the Don has given up all his businesses dealings and is running for president to save our poor butts?
He is leveraging a new position of power that he will use to enrich himself.
Ted Cruz has been doing yoemans work for ever.
Facts? You have given NO facts, just insults and BS opinion
CNN, and other posters on this thread, have provided the facts about this being a secretive PAC with connections to McConnell (and his COC connected lawyer).
You can't handle the facts.
Again....I am finished trying to rationalize things for you. Have a good day.
Yes. It would be interesting to know where that money was spent.
Did Levin, Hannity and Limbaugh get that money?
Cruz, if he had any integrity, would denounce these secret pacs like TRUMP did!
Agree.
Boo hoo shed a tear for me.
Ok - you win. That overtakes Jane Long as the most ridiculous posting on this thread. Congrats.
Anything not TRUMP is anti-conservative.. right. I’ll take Cruz any day but unlike those who have pledged their sole to the Prophet Trump, in the event Cruz isn’t the nominee, I’d vote for Trump because even an idiot is better than anything the left has to offer.
As for donors on Stand for Truth:
https://www.opensecrets.org/outsidespending/contrib_all.php?cmte=C00592337&type=A
So funny to see the refer to his "huge" crowd of 200!!!
I am familiar with the lifestyle.
Ahhhh - CNN is a viable source for facts. Except when they tweet out Carson is leaving Iowa and not going to the next two primary states........then it’s Cruz lying about what CNN reported and stealing the victory from the all time winner of eveything!
It’s too easy sometimes.
“Trump is sleezier than Hillary and Obama combined.”
TWICE! Great info there! Your insults with nothing to back them up but the noise in your head, are worthless. YOU are the one promoting Hillary and Obama because a Ted Cruz will NEVER attract enough voters to beat them. Thanks for nothing.
Trump ....right on trade, right on immigration, right on the 2nd amendment, right on GOP corruption.....and without those NONE of the rest of it matters. And the best thing .... he is NOT a lawyer!
But Cruz was supposed to be a different kind of candidate.
He is worse than the rest.
Cruz is as sleezy as Nixon.
Which family? which wife?
Yeesh all I know us Ted is steadfast
His “Naked Boys Singing” supporters?
The Internet is awesome when you know how to use it.
Great info there! Your insults with nothing to back them up but the noise in your head, are worthless. YOU are the one promoting Hillary and Obama because a Donald Trump will NEVER attract enough voters to beat them. Thanks for nothing.
Cruz ....right on trade, right on immigration, right on the 2nd amendment, right on GOP corruption.....and without those NONE of the rest of it matters. And the best thing .... he is NOT an adulterer!
You got your camp I got mine
But Trump was supposed to be a different kind of candidate.
He is worse than the rest.
Trump is as sleazy as Clinton.
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