'Dark Money' Documentary Follows the Money in Politics
*By Max Godnick*
Ever since Watergate, investigative journalists have been urged to ["follow the money"](https://www.youtube.com/watch?v=vETxuL7Ij3Q) to find the truth in politics. But how do you locate the funds that come from undisclosed donors?
"Dark Money" is a new documentary that aims to answer that very question. The film makes its national broadcast debut on PBS on Monday night, shining a detective's flashlight on mysterious corporate spending in politics.
"As a filmmaker, it was just a good mystery novel sort of spy thriller story that I knew we'd be able to tell," the film's director/producer Kimberly Reed told Cheddar on Monday.
The documentary extrapolates from a particular situation in Montana to explore a larger, more national problem in U.S. politics. Reed spends most of "Dark Money" tracking local journalist John S. Adams's attempt to uncover the truth about the funding behind her home state's tangled elections.
"I could see the storm brewing," Reed said. "It's a really good case study, because we can actually connect all of the dots."
Reed described "dark money" as any funding that "makes its way into an election, and you don't know where it's coming from."
Those contributions have been legally permitted ever since the 2010 landmark U.S. Supreme Court decision on *Citizens United v. FEC*, which established campaign spending as a form of First Amendment-protected political speech.
"That's just a recipe for corruption," Reed said. "I just think that our democracy was founded with the assumption that we're going to know who's trying to influence our politics."
She pointed to the hyper-centralization of dark money groups as the part of the problem that scares her most acutely. The unidentified financing stems from a small handful of groups, with just 15 organizations accounting for all dark money spending since 2010. The largest is Crossroads GPS, led by Bush-era political operative Karl Rove. The organization has since changed its name but still acts as the same entity.
Reed noted that the issue is non-partisan, with equal-opportunity offenders hailing from both sides of the aisle. But she did add that conservatives were the first to "weaponize" the funding tactic ー and the left has led the charge in finding legislative solutions.
With just weeks to go before the midterm elections, Reed cautioned voters and watchdogs alike to be mindful of this less-salacious corner of corruption and scandal ー the funding without high-profile names attached.
"Where we see big anonymous money going into elections, that's where we need to pay attention, especially if there's foreign influence behind it," she said.
For full interview [click here](https://cheddar.com/videos/shady-campaign-finance-stars-in-new-documentary).
The Cowboy State has become one of the world's top tax havens, according to the Pandora Papers, a trove of more than 11.9 million documents obtained by the International Consortium of Investigative Journalists and The Washington Post. The papers reveal, among other things, how ultra-wealthy people from around the world move money into the U.S., invest, and spend it under a shroud of secrecy. Allison Tait, University of Richmond law professor, joined Cheddar to talk about Wyoming's laidback tax laws, their impact on the nation's economy, and provided some details on the financial arrangement known as the "cowboy cocktail."
Carlo and Baker preview President Biden's address to the nation as Omicron becomes the new dominant Covid strain. Plus, Trump gets booed for getting his booster and the White House gets a new puppy.
China and Russia are saying they want to work closer together in different areas after a recent call between Presidents Xi Jinping and Vladimir Putin. What are the implications of a close partnership between Beijing and Moscow? Cheddar News breaks things down with expert Hagar Chemali.
Michele Schneider, Partner and Director of Trading Research & Education for MarketGauge.com, joins Cheddar News' Closing Bell, where she says the spread of the Omicron variant and Jerome Powell's comments following the latest Fed decision are spooking investors heading into the weekend.
Carlo and Baker wrap up another week discussing the latest explosion in new Covid cases in the Northeast, President Biden's stalled agenda and more. Plus, Love, Hate, Ate featuring the question: why did movie dialogue get so hard to understand?
Since July 2021, families with children have received monthly payments from the federal government as part of the expanded child tax credit, a policy that may be expiring this month. Megan Curran, policy director at the Center on Poverty and Social Policy at Columbia University, joined Cheddar News to discuss.
During the pandemic, student loan debt repayment was put on pause amid an unprecedented crisis. However, on February 1, 2022, the schedule is set to resume, and currently it looks as though the Biden administration has no plans to extend it. Cody Hounanian, the executive director of the Student Debt Crisis Center, spoke to Cheddar about why he believes the loan collection pause needs to at least be extended as borrowers are still struggling with the resurgent pandemic and inflation. "There's really no good economic or policy or political reason as far as why they're focused on getting payments started now," Hounanian said. "We surveyed 33,000 people with student loans last month. Nine out of 10 told us that they are not ready to resume payments."
As the 2022 midterm elections fast approach, here are some politicians Americans should be on the lookout for. Democratic Massachusetts state senator Sonia Chang-Diaz, who was the first Latina and Asian American woman to be elected to the state's senate, now has her eye on the governorship with Republican Charlie Baker leaving. New Jersey GOP candidate for Congress, Billy Prempeh also bears watching, and while Boston's newest mayor, Democrat Michelle Wu, was already sworn in last month, all eyes will be on Beantown as the first woman and first person of color to hold the office tries to usher in a new era for the city.