A mystery corporation was formed in March. Six weeks later it made a $1 million donation to the campaign of Mitt Romney, through Romney’s Super PAC called “Restore Our Future”. The corporation was then dissolved on July 12.
There are no public records giving any hint of who owned the corporation. There is no address, or even a hint of what kind of business it was in. Not only that, but Restore Our Future, which is required to report large donations, disclosed the million dollar donation two weeks after the mystery corporation was dissolved. The lawyers who handled the creation and dissolution of the mystery corporation refused to discuss anything about it. And just to add a bit more irony to the whole affair, Restore Our Future lists the address of the donor corporation as a midtown Manhattan office building, but that building has no record of any such tenant.
All of this is perfectly legal and above board, thanks to our lovely Supreme Court who declared corporations (even mystery ones) people who can exercise their free speech rights by donating huge amounts of money to political campaigns.
Indeed, Restore Our Future’s campaign treasurer’s response to inquiries about the mystery donation was “Restore Our Future has fully complied with, and will continue to comply with, all FEC disclosure requirements.” Furthermore, the Romney campaign isn’t required to say anything about the large contribution because Restore Our Future is an “independent entity”, even though the Super PAC’s sole purpose is to get Mitt Romney elected, and Romney himself spoke at a private dinner for Restore Our Future donors. Restore Our Future raised $12.2 million during the first six months of 2011, much of which came from individual donations of over $1 million.
So, not only can corporations donate unlimited amounts of money to political campaigns, but ghost corporations can be created at will with the sole purpose of hiding from where these huge donations come. Lawrence Noble, the former general counsel of the Federal Election Commission says “What you have here is a roadmap for how people can hide their identities” when making political contributions. These donations could be coming from Al Qaeda, Qaddafi, Iran, or even North Korea for all we know, because there is no way to know.
The Supreme Court has legalized bribery on a massive scale and with complete secrecy. Our democracy is doomed.