Democratic Groups Spent Over $1.5 Billion In ‘Dark Money’ In 2020

Do you remember all the times in recent years that Democrats hav insisted that they want ‘dark money’ out of politics? They don’t.

In fact, during the 2020 election cycle, Democrats spent over $1.5 billion in dark money.

It’s different when they do it, you see.

Hot Air reports:

After years of complaining about ‘dark money’ in politics, Democratic groups outspent the GOP in 2020

If you were paying attention ten or twelve years ago, you probably remember Democrats, including President Obama, were very upset about a Supreme Court decision called Citizens United.

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The concern was that “dark money” was a corrupting force in politics which would benefit mostly Republicans. Democrats like Harry Reid repeatedly warned that the billionaire Koch brothers were trying to “buy America.”

This is from the New York Times:

Democrats Decried Dark Money. Then They Won With It in 2020.

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The analysis shows that 15 of the most politically active nonprofit organizations that generally align with the Democratic Party spent more than $1.5 billion in 2020 — compared to roughly $900 million spent by a comparable sample of 15 of the most politically active groups aligned with the G.O.P.

A single, cryptically named entity that has served as a clearinghouse of undisclosed cash for the left, the Sixteen Thirty Fund, received mystery donations as large as $50 million and disseminated grants to more than 200 groups, while spending a total of $410 million in 2020 — more than the Democratic National Committee itself…

Sixteen Thirty is part of a broader network of progressive nonprofits that donors used to fill specific spaces on the political chessboard.

The groups in the network, which also included Hopewell Fund, New Venture Fund, North Fund and Windward Fund, were administered by a for-profit consulting firm called Arabella Advisors. Taken together, the Arabella network spent a total of nearly $1.2 billion in 2020, including paying Arabella a combined $46.6 million in 2020 in management fees, according to the funds’ tax filings.

Democrats should be reminded of this repeatedly from now to 2024.

 

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