Guest guest Posted October 15, 2004 Report Share Posted October 15, 2004 Fri, 15 Oct 2004 18:09:54 -0400 " Congress Watchdog " <CONGRESSWATCHDOG Subject:[CWATCHDOGCFR] Stop the Drug Makers' Dirty Money Machine! We have all become familiar with the phrase " 527s " - those shadowy political groups, such as the recently created " Swift Boat Veterans for Truth " - that political operatives use to skirt campaign finance law and dump huge amounts of unregulated special-interest cash into elections. Public Citizen has discovered that the big pharmaceutical corporations appear to have been just as sneaky. They apparently used a small clutch of non-profit seniors groups willing to be " hired " as a front to dump millions of dollars into closely contested Congressional races in 2002. This was how they influenced the vote on the lousy 2003 Medicare prescription drug bill that gave them billions of tax dollar subsidies while stiffing consumers - and unless someone steps in to stop it, they could do it again in this election! Click here to urge your Representative and Senator to stop the secret flow of corporate money into the 2004 election - now! http://action.citizen.org/pc/mail/oneclick_compose/?alertid=6548131 Background Information A ground-breaking new report by Public Citizen reveals how corporate interests have actually been funding supposed social welfare non-profit organizations - called 501©(4) organizations in the tax code - as vehicles to affect elections. The Internal Revenue Service allows such groups to make substantial political expenditures, but they are expressly prohibited from making electoral activities their primary purpose. Yet this prohibited activity is exactly what the new Public Citizen investigation uncovered. (The full report can be viewed at http://www.stealthpacs.org/documents/092004Phrma.pdf.) One of the worst examples comes from the pharmaceutical industry's trade association, PhRMA, which appears to have given $41 million to four such organizations in the 2002 election to elect candidates who would support their primary legislative concern - the Medicare prescription drug bill. These four " stealth PACS " - United Seniors Association, 60 Plus Association, Seniors Coalition and America 21 - didn't have to report the names of their secret donors or how the groups spent their money to influence elections. And once again, in the 2004 election, some non-profit groups are engaged in electoral activity to support corporate interests, not your interests. Public Citizen has filed a complaint with the IRS (which can be read at http://www.stealthpacs.org/documents/092004SeniorIRS.pdf), and we need your letters to members of Congress to back us up, and apply pressure for an IRS investigation to stop these election abuses. Thanks for helping us out! To send a letter to your member of Congress, click here http://action.citizen.org/pc/mail/oneclick_compose/?alertid=6548131 If you would like more information about Public Citizen, please visit us at www.citizen.org If you would like to support our work protecting democracy, health and safety, go to http://www.citizen.org/join/503cCW ------------ Quote Link to comment Share on other sites More sharing options...
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