Who Is Funding The Presidential Race? A List Of The Uber-Wealthy Behind The PACs

Tyler Durden's picture




 

Corporations may or may not be people, but money has always talked, and the wealthy certainly do have a lot of excess cash lying around which they would rather prefer spending in hopes of generating the highest IRR possible by influencing the outcome of the presidential race. Below is a look of the uber-rich who have contributed at least $1 million to the major PACs as disclosed to the Federal Election Commission.

 

RESTORE OUR FUTURE

Total raised as of June 30: $81.2 million - supports Republican presidential candidate Mitt Romney

  • Sheldon Adelson - billionaire Las Vegas casino magnate who built the Venetian hotel and casino. Donation: $5 million
  • Miriam Adelson - Sheldon's wife. Donation: $5 million
  • Bob Perry - Houston builder who was a major donor to Swift Boat Veterans for Truth, a group that helped undermine 2004 Democratic presidential nominee John Kerry by attacking his Vietnam War record. Total donations: $6 million
  • F8 LLC and Eli Publishing - Provo, Utah-based firms that share an address. Both have been linked to former executives of Nu Skin, a Utah-based skin care and cosmetics company. Total donations: $2 million
  • Oxbow Carbon - a Florida-based firm run by Bill Koch, third brother of conservative financiers David and Charles Koch and also a donor. Total Oxbow Carbon and Koch donations: $2 million
  • Julian Robertson - hedge fund industry legend at Tiger Management. Total donations: $1.3 million
  • Frank VanderSloot - Idaho businessman who runs the nutritional and cosmetics company Melaleuca. The firm and its subsidiaries have also donated. Total donations: $1.1 million
  • Kenneth Griffin - Chicago-based hedge fund manager and CEO of Citadel LLC. Total donations: $1.1 million
  • Huron Carbon - a private firm that shares its address in Florida with Oxbow Carbon. Donation: $1 million
  • Crow Holdings - Dallas-based investment firm managing the wealth of the family of the late Dallas real estate mogul Trammell Crow, whose sons Harlan and Trammell S. Crow are also donors. Total Crow Holdings and Crow donations: $1.3 million
  • John Paulson - a prominent New York hedge fund manager at Paulson and Co. Donation: $1 million
  • John Kleinheinz - Texas hedge fund manager for Kleinheinz Capital Partners Inc. Donation: $1 million
  • Edward Conard - a New York investor and former executive at Bain Capital, a private equity firm co-founded by Romney. Donation: $1 million
  • Paul and Sandra Edgerly - Paul Edgerly of Brookline, Massachusetts, is an executive at Bain. The Edgerlys each have given $500,000. Total donations: $1 million
  • Robert Mercer - New York hedge fund manager at Renaissance Technologies. Donation: $1 million
  • Paul Singer - hedge fund manager who helped fund efforts to legalize gay marriage in New York. Donation: $1 million
  • Rooney Holdings Inc - private investment firm formed in 1980s to acquire the Manhattan Construction Co. and since expanding into many areas. Total donations: $1 million
  • Richard Marriott - chairman of Host Marriott International. Total donations: $1 million
  • J.W. Marriott Jr. - chairman and CEO of Marriott International, brother of Richard. Total donations: $1 million
  • Steven Webster - private equity executive at Avista Capital in Houston. Total donations: $1 million
  • John Childs - founder of private equity firm J.W. Childs Associates LP in Florida. Donation: $1 million
  • Robert Brockman - executive at Reynolds and Reynolds, a Dayton, Ohio-based car dealership support company that shares a P.O. Box with CRC Information Systems Inc, Fairbanks Properties LLC and Waterbury Properties LLC, which split the donation three ways. Total donations: $1 million
  • Miguel Fernandez - chairman of MBF Healthcare Partners, a private equity firm. MBF Family Investments also donated to the Super PAC. Total donations: $1 million

PRIORITIES USA ACTION

Total raised as of June 30: $19.9 million - supports Democratic President Barack Obama

  • Jeff Katzenberg - chief executive of DreamWorks Animation. Donation: $2 million
  • Irwin Mark Jacobs - former CEO of Qualcomm Inc. Donation: $2 million
  • Fred Eychaner - Founder of Newsweb Corp. Donation: $1.5 million
  • Bill Maher - stand-up comedian. Donation: $1 million
  • Morgan Freeman - Hollywood actor. Donation: $1 million
  • Service Employees International Union Committee on Political Education - union representing more than 2 million workers. Donation: $1 million
  • National Air Traffic Controllers Association - union representing more than 16,000 workers. Donation: $1 million
  • Kareem Ahmed - chief executive at Landmark Medical Management in California. Donation: $1 million
  • Amy Goldman - writer and heiress to the New York real estate fortune of Sol Goldman. Donation: $1 million
  • Steve Mostyn - Houston attorney. Donation: $1 million
  • Franklin Haney - Owner and CEO of FLH Company, a Washington-based real estate company. Donation: $1 million
  • Barbara Stiefel - retiree in Coral Gables, Florida Donation: $1 million

AMERICAN CROSSROADS

Total raised as of June 30: $40.1 million - supports Republican candidates for federal offices.

  • Harold Simmons - billionaire Dallas banker and CEO of Contran Corp who has contributed to PACs supporting Rick Perry and Newt Gingrich. Total donations: $11 million
  • Bob Perry - Houston homebuilder. Total donations: $4.5 million
  • Joe Craft - Billionaire coal executive from Tulsa, Oklahoma, CEO of Alliance Holdings, which is also a donor. Total donations: $2.1 million
  • Contran Corp - Simmons' Dallas-based maker of titanium components. Total donations: $2 million
  • Jerry Perenchio Living Trust - a trust of billionaire television tycoon A. Jerrold Perenchio, who is a former chairman of Spanish-language broadcaster Univision. Donation: $2 million
  • Crow Holdings - Dallas-based real estate investment firm. Total donations: $1.5 million
  • Robert Rowling - an Irving, Texas, businessman and a conservative and active Republican donor. Donation: $1 million
  • TRT Holdings, Inc - Rowling's company that runs Omni Hotel and Gold's Gym chains. Donation: $1 million
  • Robert Brockman - executive at Ohio-based Reynolds and Reynolds. Similarly to Restore Our Future, three firms sharing a P.O Box - CRC Information Systems Inc, Fairbanks Properties LLC and Waterbury Properties LLC - split the donation three ways. Total donations: $1 million
  • Whiteco Industries - Indiana-based company involved in advertising, construction entertainment and hotels. Donation: $1 million
  • Philip Geier - New York executive. Total donations: $1 million
  • Irving Moskowitz - a Florida bingo magnate who runs a charity in California and is known for his support of Jewish settlers in East Jerusalem. Donation: $1 million
  • Kenneth Griffin - Citadel Investment Group chief executive. Total donations: $1 million

 

And the uses of funds:

BARACK OBAMA (Democrat)

  • Total raised, including transfers: $302.5 million
  • Raised in June, including transfers: $45.3 million
  • Total transferred from the funds jointly used by the campaign and the Democratic Party: $76.2 million
  • Transferred in June: $17.2 million
  • Total spent: $211.7 million
  • Spent in June: $58.1 million
  • Cash on hand: $97.5 million
  • Debt: $1.2 million

DEMOCRATIC NATIONAL COMMITTEE

  • Total raised: $100.6 million
  • Raised in June: $6.9 million
  • Total transferred in: $101.4 million
  • Transferred in June: $10.7 million
  • Total spent: $178.4 million
  • Spent in June: $12.7 million
  • Cash on hand: $37.5 million
  • Debt: $5.4 million

OBAMA VICTORY FUND 2012 (The main joint Obama/DNC fund)

  • Cash on hand: $9.0 million

MITT ROMNEY (Republican)

  • Total raised, including transfers: $154.7 million
  • Raised in June, including transfers: $32.6 million
  • Total transferred from the funds jointly used by the party and the Romney campaign: $15.8 million
  • Transferred in June: $8.6 million
  • Total spent: $134.1 million
  • Spent in June: $27.5 million
  • Cash on hand: $22.5 million

REPUBLICAN NATIONAL COMMITTEE

  • Total raised: $146.8 million
  • Raised in June: $11.9 million
  • Total transferred in: $55.2 million
  • Transferred in June: $27.3 million
  • Total spent: $120.6 million
  • Spent in June: $11.2 million
  • Cash on hand: $89.4 million
  • Debt: $9.9 million

ROMNEY VICTORY INC (Joint Romney/RNC fund)

  • Total raised: $140.3 million
  • Total spent: $13.3 million
  • Cash on hand: $57.7 million

 

Appendix: SUPER PACS:

RESTORE OUR FUTURE, a Super PAC supporting Romney

  • Total raised: $81.2 million
  • Raised in June: $20.6 million
  • Total spent: $60.6 million
  • Spent in June: $7.6 million
  • Cash on hand: $21.6 million

PRIORITIES USA, a Super PAC supporting Obama

  • Total raised: $19.9 million
  • Raised in June: $5.7 million
  • Total spent: $18.0 million
  • Spent in June: $4.2 million
  • Cash on hand: $4.5 million

AMERICAN CROSSROADS, a Super PAC supporting Republicans

  • Total raised: $40.1 million
  • Raised in June: $5.7 million
  • Total spent: $9.5 million
  • Spent in June: $3.7 million
  • Cash on hand: $31.5 million

Source: Reuters

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Sat, 07/21/2012 - 13:31 | 2638997 Precious
Precious's picture

Bernanke raised about 2 trillion for Obama.

Sat, 07/21/2012 - 14:23 | 2639050 Heavy
Heavy's picture

Bought and sold...

Sat, 07/21/2012 - 17:54 | 2639310 FEDbuster
FEDbuster's picture

My small donation (under $100.) and vote went to Ron Paul.  Now any "extra" money goes to preparing for the Obamney collapse. 

Sat, 07/21/2012 - 22:21 | 2639655 caconhma
caconhma's picture

Ron Paul is just a diversion. Muppets must feel they have a choice. But they don’t.

Zionist banking Mafia controls/owns all of them. Puppets are different but puppeteers are the same!

Sat, 07/21/2012 - 10:35 | 2638664 New_Meat
New_Meat's picture

Foundations are people too! - Ned

Sat, 07/21/2012 - 11:52 | 2638849 RSloane
RSloane's picture

Next up, my bra gets a vote.

Sat, 07/21/2012 - 12:49 | 2638943 ihedgemyhedges
ihedgemyhedges's picture

If you look like your avatar, I vote your bra comes off........and let me know when your thong gets a vote too.......

Sat, 07/21/2012 - 10:37 | 2638665 Disenchanted
Sat, 07/21/2012 - 10:35 | 2638666 tony bonn
tony bonn's picture

it appears that soetoro will be creamed in this election. of course one should never discount the in kind donations received from the press.

either victor will fuck us royally. vote 3d party or write-in.

Sat, 07/21/2012 - 10:44 | 2638682 CCanuck
CCanuck's picture

"Got Lube"

Its gonna Hurt, they are the biggest Dicks around!

Sat, 07/21/2012 - 10:48 | 2638691 Hulk
Hulk's picture

Vote however you like, just understand that it ain't going to make a dime's worth of difference to the shit storm that is coming...

Sat, 07/21/2012 - 11:41 | 2638818 CH1
CH1's picture

Vote? Nah, let it go.

Leave barbarity to barbarians.

Sat, 07/21/2012 - 10:56 | 2638714 Kyron95131
Kyron95131's picture

elections are just exercises of futility to give the people the hope that their opinions matter.

Sat, 07/21/2012 - 11:42 | 2638827 rehypothecator
rehypothecator's picture

Elections are advance auction sales of stolen goods.  

Sat, 07/21/2012 - 12:15 | 2638890 TWSceptic
TWSceptic's picture

Yes you get the hope but never the change.

Sat, 07/21/2012 - 17:48 | 2639271 Ratscam
Ratscam's picture

if voting would lead to any serious changes, voting would be forbidden.

Sat, 07/21/2012 - 18:03 | 2639318 blindfaith
blindfaith's picture

 

 

All of the above Americans who who see no need to vote ( regardsless of party) should excuse themselves from further comments on this site.  You voices are not heard by your own actions of lack thereof.

 

A sad lot, you are.

Sat, 07/21/2012 - 18:59 | 2639397 aheady
aheady's picture

Yes, I'd love to be excused from having to decipher posts like this.

Sat, 07/21/2012 - 21:40 | 2639609 Jena
Jena's picture

It must have gone through the wrong cycle in the dishwasher.

Sun, 07/22/2012 - 08:10 | 2639967 CSA
CSA's picture

Didn't realize voting was a pre-req for posting.  I should have read the "Tyler laws" a little closer before signing on.

 

Non-particpation is a form of protest.  Just because I do a one man nullification of this system does not preclude me from ZH or the Internet.

 

You keep voting for non-change and I'll keep watching you chase your tail.

Sat, 07/21/2012 - 10:56 | 2638716 Abitdodgie
Abitdodgie's picture

Got to love the way they have got us to to be okay with THIER two people we wanted Ron Paul ,but no he is not "one of the two" So now we are left voting for dumb and dummer. That is if you are daft enough to vote.

Sat, 07/21/2012 - 13:43 | 2639012 monoloco
monoloco's picture

I almost think we'd have been better off with a monarchy, at least with a monarchy, there's a chance of getting an enlightened leader once every century or two.

Sun, 07/22/2012 - 08:09 | 2639968 CSA
CSA's picture

You make a point I've talked about before.  A strong dictator can be a country's best friend until he loses touch with his fellow man... then he becomes a tyrant.  Nothing says he ever has to start on the side of good before losing touch, it could just be that he turns from bad to awful.

 

Man is flawed and so are his governments (in all forms).

Sun, 07/22/2012 - 09:38 | 2640047 Miffed Microbio...
Miffed Microbiologist's picture

Yes, I too have been musing it would be nice to have a "benevolent" dictator now to fix the problems. Of course that is an oxymoron if history is considered. Perhaps it's possible to have one for a brief time and then eliminate the individual when their usefulness has been achieved, before the inevitable descent into power hungry depravity. But that too probably would fail because that void would probably be filled with even a more evil individual. At least historically there does appear to be a way out. Sad to think we're just forever walking on a path of destruction and glimmers of light and hope are so few and far between.

Miffed :-)

Sat, 07/21/2012 - 18:11 | 2639324 knukles
knukles's picture

Still gonna write in RP

And when I tell that to my uber-liberal and neo-con pals, they all shriek, cry, scream, yell, go into conniptions...
No better time to make the "protest" vote heard.
'Cause the other two's ain't no difference than rocks and hard spots.

Plus, I just love to get those folks going at one another with minor innocuous comments....
Better then a casual wank, for sure.

Sat, 07/21/2012 - 11:17 | 2638766 andrewp111
andrewp111's picture

If you live in a swing state, voting third party is a vote for Obama. Staying home is a vote for Obama. You have 2 choices - Obama or Romney. That is it.

 

If you live in a landslide state, you have the luxury of a protest vote, because your vote won't matter anyway.

Sat, 07/21/2012 - 11:42 | 2638825 CH1
CH1's picture

Please see my comment above on barbarity.

Sat, 07/21/2012 - 13:09 | 2638974 FeralSerf
FeralSerf's picture

So what?  Obama's no worse than Romney.  No better either.

Sat, 07/21/2012 - 15:01 | 2639088 OneTinSoldier66
OneTinSoldier66's picture

I don't care what state you live in.

 

A checkmark in the box is a checkmark in the box. If you vote for Obama, or Ron Paul, or Romney, or Gary Johnson, then that is your vote. Voting third party is not the same as putting a checkmark next to Obama, or Romney. You cannot tell me that if someone votes third party that they are voting for Obama or Romney!

 

I MEAN WTF!?! You might as well try and tell me that when I'm driving my car I'm not really driving my car, I'm driving someone elses car.

 

Obama will not get re-elected because of people that voted third party, in whatever state. The people responsible for for getting Obama re-elected will be the people that put a check mark in Obama's box. Same for Romney, for Ron Paul, for Gary Johnson, ect.

 

NOBODY can factually, honestly, truthfully, or technically say that "my vote" was for Obama, unless I actually put a check mark in his box.

Sat, 07/21/2012 - 15:31 | 2639116 t_kAyk
t_kAyk's picture

"When you vote, you didn't really vote - someone else made that happen."

Sat, 07/21/2012 - 21:16 | 2639572 StychoKiller
StychoKiller's picture

Umm, Diebold perchance?

Sun, 07/22/2012 - 08:14 | 2639973 CSA
CSA's picture

Nope.

 

Those who vote for Gary Johnson probably weren't voting at all (before a sensible choice came along).

Sat, 07/21/2012 - 10:39 | 2638672 Need More Cowbell
Need More Cowbell's picture

Romney $121.3M, Obama $19.9M and not even a US citizen.  Obama is screwed.  :)

Sat, 07/21/2012 - 10:49 | 2638694 BigMike
BigMike's picture

I wish. Obama will give away enough candy to mexicans, students, unions etc to get re-elected

Sat, 07/21/2012 - 11:48 | 2638833 RSloane
RSloane's picture

He wants as many people dependent on the state so he has something to threaten them with.

Sat, 07/21/2012 - 11:01 | 2638734 Abitdodgie
Abitdodgie's picture

Well here is the best bit Obame was born in Kenya in 1963 , whilst it was under British rule so he is actually British, so much for the 1776 shit. So what is America going to do about it (silence). I am up for an armed march on the white house, then Congress.

Sat, 07/21/2012 - 11:47 | 2638831 CH1
CH1's picture

I am up for an armed march...

You're tolling, yes?

Forget marches - armed or otherwise.

JUST .. STOP .. OBEYING .. THEM.

Sat, 07/21/2012 - 13:18 | 2638985 FeralSerf
FeralSerf's picture

Yep -- armed marches will get you killed or in a prison slave center for an extended period of time.  Advocating them will get you on a list of those that need to be searched, assets confiscated, picked up and put in a concentration camp in the event of an "emergency".

FYI Warning: there are paid shills on internet blogs and message boards that advocate armed struggles against Power Elites.  Their purpose is to create lists of potential troublemakers for TPTB.

Sat, 07/21/2012 - 14:18 | 2639045 Abitdodgie
Abitdodgie's picture

Yes you are right I will just go back to posting bland comments while America dies , I mean why do anything, fuck America what has it ever done for me. (Got to go CNN are doing a special on gun confiscation , better learn how to hand them in, and give up)

Sat, 07/21/2012 - 16:35 | 2639182 CH1
CH1's picture

OK, presuming that you are NOT a troll, trying to incite people to violence:

I do NOT want you to do nothing. I am suggesting that you ACT.

I recommend that you stop obeying people whom you know to be liars, thieves and whores, and start living YOUR way.

Build the systems you want to use. Network with people you wish to trade with.

Stop using channels that are fully controlled by the aforesaid thieves and whores, and build your own.

Save your slugs for defense and don't try to reform moral degenerates: Leave them in your dust.

Sat, 07/21/2012 - 16:34 | 2639198 CH1
CH1's picture

FYI Warning: there are paid shills on internet blogs and message boards that advocate armed struggles against Power Elites.  Their purpose is to create lists of potential troublemakers for TPTB.

You are SO right, Feral - thanks for warning people.

 

Sat, 07/21/2012 - 10:41 | 2638674 Dixie Rect
Dixie Rect's picture

Meanhwhile, Gary Johnson continues to recieve a press blackout, and is ignored by big money, since he cannot be controlled like a puppet on strings.

Sat, 07/21/2012 - 10:54 | 2638710 One Ton Lady
One Ton Lady's picture

Poor man. He cannot get any traction since he is not getting any jewish financed campaign monies. Names like Johnson just don't cut it anyway in this talmudic world.

Sat, 07/21/2012 - 11:21 | 2638759 RSloane
RSloane's picture

The best we can do is write in the politcal leader we think will best get us through some very very tough times ahead. Obama - he has a track record and he's been an outrageously terrible president. Romney - he could lead the troops to a fine five star restaurant and manage to lose half on the way.

Those that can lead us are being shunned by either their own party or the MSM, or both. That's not going to change until Americans across the board put down their Doritos bags and get angry....I mean really angry.

Sat, 07/21/2012 - 12:21 | 2638896 booboo
booboo's picture

I can't figure out why Gary Johnson is getting ignored by the press, he's arleady stated that the debt merchants committed no crimes. Whats a guy gotta do? Personally I think he keeps getting nuzzled out of the Hand Dipped Buttered Banker Cock line at the county fair by Team Obammney 

Sat, 07/21/2012 - 21:18 | 2639579 StychoKiller
StychoKiller's picture

Perhaps he should display his corndog-swallowing skillz... :>D

Sat, 07/21/2012 - 10:43 | 2638679 jbvtme
jbvtme's picture

what can mittens do for the uber rich that barry can't or won't do?  and how much more money do the perverts need?

Sat, 07/21/2012 - 10:48 | 2638690 ihedgemyhedges
ihedgemyhedges's picture

How much more do they NEED is not an issue. It's how much more do they WANT that counts.........

Sat, 07/21/2012 - 13:22 | 2638990 FeralSerf
FeralSerf's picture

When asked by a congressman why he needed to speculate in silver to get more money, since he was already a billionaire (when a billion $ was real money), Bunker Hunt said it was how they kept score.

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