The Sunlight Foundation also reported on this issue last month. In article entitled How super PAC donors hide behind shady LLCs, Libby Watson noted: “One of at least eight super PACs supporting Ted Cruz, Stand ForTruth (yes, it’s one word) received several donations from untraceable LLCs.”
The Huffington Post offered more on that group, reporting this week:
FEC action on the issue of these “ghost corporations” giving to super PACS appears unlikely, the Post says, because the FEC has been “recently deadlocked on whether to even investigate such cases.”
Sarah Posner sums up the problem in her reporting, writing, “By donating to a super PAC through an LLC, donors and companies are able to buy political influence and sway elections without revealing their identities.”
Among those who’s cautioned against such influence is former U.S. President Jimmy Carter, who previously said, “We have one of the worst election processes in the world right in the United States of America, and it’s almost entirely because of the excessive influx of money.”
Presidential hopeful Bernie Sanders, meanwhile, has denounced super PACs, and said last month that the nation’s “corrupt campaign finance system is undermining American democracy.”
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