The word of the semester - so far - seems to be "mega-donor."
- Click here for the article.
A group of major GOP donors, led by New York billionaire Paul Singer, is quietly expanding its political footprint ahead of the midterm elections in an increasingly assertive effort to shape the direction of the Republican Party.
The operation was launched discreetly last year, with the previously unreported formation of a club called the American Opportunity Alliance to bring together some of the richest pro-business GOP donors in the country, several of whom share Singer’s support for gay rights, immigration reform and the state of Israel. Around the same time, Singer and his allies also formed a federal fundraising committee called Friends for an American Majority that raised big checks for a select list of the GOP’s most highly touted 2014 Senate hopefuls.
Those candidates are among the big names expected at a two-day retreat organized by the American Opportunity Alliance set for the last week of February at a swanky Colorado resort. The closed-door event — which is also expected to draw House Speaker John Boehner and New Hampshire Sen. Kelly Ayotte, according to Republicans familiar with the plans — is seen in GOP finance circles as a grand debut of sorts for Singer’s still-amorphous club.
. . . the list of big-name pols expected at the American Opportunity Alliance’s upcoming Colorado gathering highlights the influence that only a few big donors can command in the post-Citizens United era, when a small group of wealthy individuals can reorder elections with just a few huge checks. That new reality has shifted some of the power and control once maintained by the parties and their candidates to factions of major donors, like the libertarian-infused Koch network on the right or the Democracy Alliance club of major liberal donors on the left.
