
“So far, John Kerry has been the direct beneficiary of an estimated $60 million worth of ‘independent’ TV ads, many of which viciously attack President Bush.
… Democrat 527 organizations, so-named for the IRS section that governs them, have been saturating the airwaves and cable channels, supplementing Mr. Kerry’s own bulging campaign coffers. Democrat 527s have overwhelmed their Republican counterparts, effectively permitting Mr. Kerry to monopolize this McCain-Feingold soft-money loophole.
The relatively tiny effort by the Swift Boat Veterans for Truth proves the point, which The New York Times completely missed in its Page 1 story on Friday. Instead, the NYT was upset over the fact that the veterans received $225,000 of its initial $500,000 stake from two Texans. The amounts were $200,000 from real estate executive Bob Perry, whom the NYT identified as ‘the top donor to Republicans in the state,’ and $25,000 from Harlan Crow, ‘the seventh-largest donor to Republicans’ in Texas.
By the standards established by Democrat 527 donors, Mr. Perry would be a piker, while Mr. Crow’s contribution would not even qualify as a rounding error. In fact, based on data compiled by the Center for Responsive Politics, 21 of the 22 individuals who have contributed at least $500,000 to 527s have donated a cumulative $56.7 million to Democrat-oriented groups. These include Peter Lewis ($14 million), George Soros ($12.6 million) and Steven Bing ($8.1 million). The sole exception among the 22 is Carl Lindner, who has donated $1.02 million to Republican-oriented 527s.
… If Mr. Kerry is really looking for a smoking gun, he ought to examine the Media Fund (total receipts: $27.2 million), which is run by former Clinton Deputy Chief of Staff Harold Ickes, and America Coming Together (total receipts: $26.9 million). The chief spokesman for both of these Democrat 527s is Jim Jordan, who happens to be Mr. Kerry’s former campaign manager. Not surprising, a separate article appearing in Friday’s New York Times regarding Federal Elections regulation of 527s mentioned Mr. Jordan in his capacity as spokesman for the Media Fund and ACT, but neglected to mention his Kerry connection.” –The Washington Times
Interestingly, the New York times Reported on August 20, that a change to the 527 rules was passed. And even more interesting is the fact that these new rules won’t apply to this year’s election. Was this done just to benefit George Soros, Teresa Heinz and their Green organizations, I have to wonder….?

Sens. Russ Feingold (left) (D-Wis.) and John McCain (R-Ariz.) react during a rally on Wednesday following a test vote on campaign finance reform. The measure later passed the Senate on a 60-40 vote.
http://www.jsonline.com/news/nat/mar02/28993.asp
Panel Compromises on Soft Money Rules-NYT
http://www.nytimes.com/2004/08/20/politics/campaign/20donate.html
NOTE: In accordance with Title 17 U.S.C. section 107, this material is distributed without profit or payment to those who have expressed a prior interest in receiving this information for non-profit research and educational purposes only.