Mitt Romney's 'Restore Our Future' Super PAC Donors: Own Your Ad

Thanks to the financial floodgates opened by the Supreme Court's decision in the now-infamous Citizens United decision, campaign spending in the 2012 election cycle is projected to reach a record high.

The decision, along with subsequent lower court rulings, enabled creation of so-called super PACs, which are independent campaign groups that are allowed to solicit and spend unlimited amounts of money in support of their preferred candidates or political issues. Independence, however, is a term that is quite loosely enforced in this case; while the super PACs can't officially coordinate strategy with a candidate's campaign, that doesn't mean that candidate's friends, former employees and business partners can't donate and help operate the committee. Nor does it prevent the candidate from asking their friends to chip in.

The Mitt Romney-supporting super PAC, Restore Our Future, is one of the best funded and active groups; thus far, it has spent over $18 million this election cycle. Largely, it has received donations from wealthy interests and former associates of the candidate; it has received 12 separate $1 million donations, including multiple seven figure deposits from employees of Bain Capital, the financial firm Romney founded. Romney, for his part, encouraged the creation of the Super PAC and attended more than one donor event.

In the video above, in order to give them the publicity they deserve, we put their faces to an attack ad that they helped fund.

Comments

[Annieke]

03:03 AM on 02/16/2012

All male, all white, all over 50.

So in essence, Mitt will be the president of the white men over 50 with more than a million to spare.

[dsb1252]

05:52 PM on 02/15/2012

This is just wrong at every level. I really doubt the founding fathers said "yea, we want the rich people to buy the people they want elected and screw everybody else."

[krist6804]

03:24 PM on 02/13/2012

Super Pac campaign bankers are another American toxic asset made legal by the Supreme Court. Do you really believe that this financial invention will restore you and the country back to the good old days what ever that was? We do not need Super Pac campaign banks; we need a super pack of dedicated public servants to work on behalf of all the people. In 2007 this country did not have a super pack of dedicated public servants. The public servants in 2007 were all too busy playing g##b a#s in the halls of congress to notice that a financial meltdown was well under way. They didn’t even blow a warning whistle.

Robo dollar Pac’$ will not make this country whole again.

Do you suppose the Super Pac Banks could purchase a 4.5% unemployment rate for the country, with their money? That would be a better purchase than buying a president.

[almchrl13]

08:10 PM on 02/11/2012

Slide #1 and #12 indicate Rhinoplasties.
I am really good at this.

[troika]

08:54 PM on 02/11/2012

To me these are the fat cat/thugs sitting it the boardroom planning their next attack on the American people. Mitt should be ashamed of himself.

[almchrl13]

08:08 PM on 02/11/2012

Glad I do not use any of those products.

[troika]

08:52 PM on 02/11/2012

I stopped using paper goods under the brand DIXIE/CHINET as it belongs to the Coke (KOCH) brothers.

[Armand Winter]

01:54 PM on 02/11/2012

Mitt Romney received a $10 million bailout from the Federal Deposit Insurance Corp. in 1991, an event that runs contrary to the multimillionaire’s current anti-bailout position.

Documents obtained by the Boston Globe show that the FDIC negotiated a $10 million forgiveness with Bain & Co. while Romney was chairman and CEO in 1993.

The negotiations were part of a deal designed to reduce the debt load at the company, which was near bankruptcy. The FDIC had been forced to seize Bank of New England, who was a creditor of Bain’s.

http://www.nationalconfidential.com/20120110/romney-got-10-million-federal-bailout-at-bain/

Mitt Romney company profited as steel mill it owned closed, government bailed out pension plan

"What’s more, a federal government insurance agency had to pony up $44-million to bail out the company’s underfunded pension plan."

http://news.nationalpost.com/2012/01/06/romney-company-profited-as-steel-mill-it-owned-closed-government-bailed-out-pension-plan/

[Oginikwe]

03:33 AM on 02/14/2012

And we thought he got all that money by working hard . . .