A few weeks ago, the folks over at Hot Air brought attention to a new initiative of Mitt Romney's, an effort to become the "ideas factory" of the GOP and presumably pour some money into candidates. Can we say running again? (Which of course shows a lack of confidence in McCain's prospect). Any sort of unstructured group like a 527 is obviously ideal for Romney as he can dump unlimited amounts of his own cash in, though I didn't think he would.
I didn't think he would, at least until Chris Cillizza blogged about a new Republican soft money group calling itself the American Future Fund. It's not a 527 per se, rather it's a 501(c)(4), which according to CC means "it is a nonprofit that can engage in some political activity and is not required to disclose its donors, all of whom can give unlimited sums to the effort. It cannot directly advocate for or against a candidate and its pitch must be issue-centered." The emphasis is my own; issue-centered is exactly what Romney would be going for. Obviously, we don't know who's funding this group, but I immediately found myself wondering whether Mitt did indeed have a role.
That thought was strengthened when CC listed who was involved, a top-notch slate of Republican activists, most of whom were involved with Romney's campaign. It's entirely plausible that the ex-governor's behind this; he attempted something similar before his presidential campaign using his Commonwealth PAC, but that was limited. If he's behind the AFF, he can pick up some serious IOUs: IFF is on the air in Minnesota in support of threatened incumbent Senator Norm Coleman, and could do the same thing elsewhere.What's fascinating about this ad, as CC noted, is that it's issue-based; but it's not just issue-based, it plays up his record of bipartisanship in the Senate, an intriguing twist. Even if the NRSC had the money to go on the air up this early in the Gopher State, it'd either be attacks on Al Franken or pro-Coleman ads that might not play too well in such a purple state. The other value of this ad is that it puts Coleman astride the aisle, allowing for some pretty easy contrasts against Franken, who I think Merriam-Webster would define as left-wing extremist.
All in all, very curious.
Tuesday, March 25, 2008
Intriguing Possibility
Posted by Just Another Republican at 9:46 AM
Labels: 2008 Senate Elections, Ads, Fundraising, Minnesota, Mitt Romney
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I did some research on American Future fund and Iowa Future Fund which I posted at the TPM Cafe. IFF is running anti-Gov Culver ads in Iowa.
Both AFF and IFF were registered on 8/7/07 in Iowa by Holtzman Vogel, a VA law firm owned by two very powerful Republican operatives, Alex Vogel and his wife, Jill Holtzman Vogel.
I suspect that wealthy Iowan businessman, Bruce Rastetter, is, in part, be funding IFF and AFF for reasons outlined in my TPM Cafe post. Rastetter is a major player in the ethanol industry.
I contacted a number of members of the media and hope to have answers to my questions soon.
Mrs Panstreppon
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