A New Channel for Soft Money Starts Flowing


A NEW CHANNEL FOR SOFT MONEY STARTS FLOWING
[SOURCE: New York Times, AUTHOR: Jim Rutenberg & David Kirkpatrick]
Built to influence voting outside of campaign law limitations, a flood of hundreds of millions of dollars that are expected to pour from all sides into groups reminiscent of the Swift Boat Veterans for Truth of 2004. The amount could swamp the record-breaking tens of millions that the top candidates are raising for their own, closely regulated campaign accounts. Thanks to a recent decision by the Supreme Court, most of these groups will be able to operate with even less public disclosure than such entities did in 2004. The groups are already beginning to play a role in the internal party battling this primary season, and reports abound in the small community of campaign donors that others are on the way.
http://www.nytimes.com/2007/11/12/us/politics/12spend.html?ref=todayspaper
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