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Tuesday, August 23rd, 2022

Massive dark money windfall: New conservative group got $1.6 billion from single donor

Author:     Casey Tolan, Curt Devine and Drew Griffin
Source:     CNN
Publication Date:     Mon August 22, 2022 | 5:45 PM ET
 Link: Massive dark money windfall: New conservative group got $1.6 billion from single donor
Stephan:   The Supreme Court Citizens United Decision, which was engineered by MAGAt world, legalized bribery and gave the uber-rich the ability to create MAGAt world, and buy the kind of christofascist anti-democratic government we are becoming. Now we have one uber-rich christofascist who has given $1.6 billion to be controlled by christofascist Leonard Leo, the man who through the Federalist society engineered the Supreme Court appointees of Donald Trump. Because bribery is legal, and there are essentially no limits to how much dark money can be spent on misinformation and media, we are going to see a massive attempt on the part of the MAGAts to dismantle American democracy. What stops this? Only you and your family and friends, and only if you vote only for Democrats.
Leonard Leo Credit: PBS

A new group led by a prominent conservative lawyer has received $1.6 billion from one donor — the largest single contribution to a politically focused nonprofit that’s ever been made public, and a fortune that could be used to fuel right-wing interests.

The nonprofit, Marble Freedom Trust, received the contribution in the form of stock and then funneled more than $200 million to other conservative organizations last year, a tax form CNN obtained from the IRS shows.

Marble Freedom is led by Leonard Leo, the co-chairman of the conservative Federalist Society, who advised former President Donald Trump on his Supreme Court picks and runs a sprawling network of other right-wing nonprofits that don’t disclose their donors, which are often referred to as dark money groups.

A CNN review of financial documents connected the donation to Barre Seid, a low-profile, 90-year-old Chicago electronics company executive and philanthropist who has previously been tied to smaller anonymous contributions to other right-wing groups. The New York Times, which first reported the contribution on Monday, also identified Seid as the donor.

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1 Comment

  1. Rev. Dean on Wednesday, August 24, 2022 at 2:49 pm

    This bribery of Republicans is so evident that is should be outlawed and those doing the bribery should go to jail. “Citizens United” was a massive mistake by the Supreme Court.