Facebook Pours Dark Money into Politics
by frankbell from LinuxQuestions.org on (#53K9D)
The Washington Post reported that Facebook, among others, has funded a dark-money political advocacy group dubbed "American Edge" to fend off attempts to regulate its behavior and, by extension, the behavior of other "social" media outfits.
https://www.washingtonpost.com/techn...american-edge/
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https://www.washingtonpost.com/techn...american-edge/
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In December, American Edge formed as a nonprofit organization, and last month, it registered an accompanying foundation, according to incorporation documents filed in Virginia. The setup essentially allows it to navigate a thicket of tax laws in such a way that it can raise money, and blitz the airwaves with ads, without the obligation of disclosing all of its donors. Many powerful political actors - including the National Rifle Association - similarly operate with the aid of social welfare" groups. |