Monday, August 8, 2011

Conspiracy Theories, Part II

The anonymous donor behind the W Spann LLC million-dollar contribution to a SuperPAC connected to Mitt Romney identified himself over the weekend.


Edward Conard, a former executive at Bain Capital (Mitt Romney's venture capital firm back in the 1980's) revealed that he made the anonymous donation after a number of campaign finance groups called for a federal investigation.

Now that Mr. Conard has identified himself, Mitt Romney said the whole fiasco is over.  The campaign finance groups still want a federal investigation.  There's been no announcement of any federal action at this point though, which sort of begs the larger question... did anything illegal actually take place?

Should someone be required to make a political donation publicly?  Should anonymous donations be allowed as long as someone verifies certain criteria are met (like holding U.S. citizenship or being legally incorporated in the U.S.)?  Are restrictions unrealistic since they would probably be manipulated once loopholes started emerging?

Regardless, Mr. Conard could stand to learn a thing or two from an American Idol results show.  You don't just blurt out the name the instant someone wants to hear it, you drag it out with filler and soft drink sponsorship until the whole thing nearly implodes from impending irrelevance.

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