To the Editor:
The 2014 elections will highlight “the battle of the titans,” the wealthy backers of the Republican Party’s probusiness/establishment wing versus the wealthy backers of the party’s bullheaded Tea Party faction.
While Tea Party Republicans paralyze government, alarmed establishment-Republican backers, like corporate contractors, understand their prosperity depends on strong, functional government.
Money raising/funneling, probusiness political action committees (superPACs) of powerhouses like Walmart, AT&T, General Electric and the American Bankers Association, are primed to battle wealthy Tea Party backers like Club for Growth, Heritage Action and Madison Project to defeat Tea Party candidates.
Vanishing political spending limits after the Supreme Court’s 2010 “Citizens United” decision spawned 501(c)(4)s and the superPACs for mind boggling political spending by corporations and multimillionaires/multibillionaires.
Similar Democratic Party-connected activities pale by contrast.
The Court’s decision also spurred Republican strategist Carl Rove’s comeback, using his powerhouse Crossroads superPAC and phenomenal money raising/networking ability (surpassing the national Republican Party’s own), to battle the Tea Party faction, including the Tea Party-bankrolling, multibillionaire Koch brothers with their multiple superPacs.
The government’s now reacting to massive misuse of the 501(c)(4) tax provision for creation of tax-exempt “masquerade” social welfare organizations to unleash political money and conceal donors. — Donna Christianson, Little Falls