P4Z-0hy22ZRyqh5IUeLwjcY3L_M

P4Z-0hy22ZRyqh5IUeLwjcY3L_M
MEAN STREETS MEDIA

Sunday, November 11, 2012

ARIZONA Donation to California called ' Money Laundering' (Romney's campaign backers)

— An $11 million campaign contribution from an Arizona nonprofit that gave money to a group fighting Gov. Jerry Brown's tax initiative represents the largest case of campaign "money laundering" in state history, California's political watchdog agency charged Monday.
Americans for Responsible Leadership reported the source of its contribution to a political action committee that is active in the November election after the state Supreme Court ruled unanimously Sunday that the group must turn over its records.
 
 
But the disclosure on the eve of Election Day reveals little about the actual source of the money. It shows that ARL received the $11 million from a group called Americans for Job Security through a second intermediary, the Center to Protect Patient Rights. Both are federally registered nonprofits that are not legally required to disclose the source of their funds.
Americans for Job Security has been active in the presidential race, pouring millions of dollars into swing states for independent expenditure ads supporting GOP presidential nominee Mitt Romney and other Republican candidates, and the Center to Protect Patient Rights distributed more than $44 million to more than two dozen conservative advocacy groups during the 2010 midterm elections, according to the Center for Responsive Politics.

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