Adding a new twist to the new history of Super-PAC's, Arizona's Politics is reporting that a new Super-PAC dedicated to attacking Rep. Jeff Flake (R-CD6-running-for-Senate) is predominantly funded by Wil Cardon's family, with an additional sizable contribution from one of Wal-Mart's Walton family.
Family member Patrick Cardon contributed $100,000 on April 4, 2012, to a brand new Super-PAC dedicated to attacking Flake for his perceived vote against the Keystone XL Pipeline. The "Secure Arizona PAC" began running a television ad on the subject within the last couple of weeks.
The Super-PAC's quarterly report was filed on Friday (made public today), and it shows that it is ready to run that advertisement a lot more times in the weeks to come. Counting the Cardon contribution, the $10,000 (S. Robson) Walton contribution, $25,000 from Texas investments manager Christopher Wallis, and $10,000 from well-known Phoenix attorney Leo Beus, the PAC has raised more than $145,000 to get its message out.
Federal election law restricts family members from contributing more than $2,500 to their relative/candidate. However, bankrolling a SuperPAC with an unlimited amount of money is a new way around that restriction, and one that has not appeared to have been addressed elsewhere. (Update: Earlier today, the Center for Responsive Politics published on their blog two other instances where family members are using super PACs as an outlet for their money.) Making things even more interesting is that Wil and Patrick both make their money from the same family business, The Cardon Group.
Also interestingly, the Super PAC does not list occupations or employers for ANY of the four high-profile contributors. (Cardon's name is also misspelled.) This would appear to show a lack of minimal effort to properly disclose the required information. (The nominal founder of the PAC, Missouri attorney James Thomas, gave $100 in March to start the bank account.)
Beyond the $17,500 already spent on the television ad (below), the committee has spent more than $55,000 on surveying/analysis/research.
Many more questions are raised by both the advertisement and the report. Arizona's Politics is seeking further answers and will update as needed.
The text of a news release from Secure Arizona PAC is posted below the jump:
Independent Expenditures in U.S. Senate Race
July 16, 2012
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