FOLLOWING MONEY IN 2016 PRESIDENTIAL POLITICS

Thursday, October 9, 2014

FIRST WATCH: YG Network Drops $233K On Ad Hammering Barber & Obamacare; #50ShadesOfDarkMoney (FOLLOWING MONEY IN ARIZONA'S POLITICS)

The YG Network, which was connected to former House Majority Leader Eric Cantor, disclosed today a $233,558 ad supporting Martha McSally in her bid to oust incumbent Rep. Ron Barber (D-CD2).  The ad hits Barber for supporting Obamacare, and indicates that McSally wants to replace it with some new system that will "giv(e) our families more."



The ad apparently began running early Tuesday morning, meaning that today's report does not quite fall into the 48-hour disclosure window given by the Federal Election Commission.  It is slated to run through next Monday.

#50ShadesOfDarkMoney

This is the first reported expenditure in the race by the YG Network, which was founded by ex-staffers of former Rep. Cantor. The YG Network, Inc. does not disclose its donors.  The only donation that has been uncovered was a $500,000 grant from the equally non-transparent American Action Network. (That 2012 grant was discovered in 2013 after AAN filed a return with the IRS, with original contributors blacked out).

YG Network receives a dark gray shade 45 on the Arizona's Politics' 50 Shades of Dark Money scale, for its lack of disclosure and for receiving what money is uncovered from other dark sources.

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