Billionaires Fund Effort To Oust Obama, Linked To Romney Campaign
(National Confidential) — Conservative billionaires are using their vast stores of money in an effort to remove President Obama from office.
Unleashed by the Supreme Court decision in Citizens United that removed limits on campaign spending, a team of the super-rich has been assembled by former Bush administration members in an unprecedented plot to take the presidency.
The leading group in this movement is American Crossroads GPS, led by former Bush insider Karl Rove. American Crossroads is in large part being bankrolled by the former head of Univision, Jerry Perenchio, hotelier Robert Rowling, and Swift Boat funder Bob Perry.
These donors are all multimillionaires, who would profit handsomely from a return to the conservative economics of the Bush era — some of the same policies that helped lead America and the world into a recession in the first place.
American Crossroads also shares personell with a pro-Romney group, the Restore Our Future PAC. While legally prohibited from working with Romney, a well funded attack on President Obama would be a boon to his campaign.
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