Since I’m on my way out at the Beacon (aren’t you excited!?!?) I decided to indulge my ego and drive a winning lap this week.
For years I rummaged in America’s ever-growing cesspool of “dark money” in what is now a poisonous mess fed by uninsulated opaque Amazons – raging rivers of billions in cash, most of which are tax-exempt from Hoch-Klammer, self-treating , completely anonymous oligarchs who are more than happy to continue to destroy the functioning of our republic.
I’ve even written about dark money here at the Beacon, usually after another wave of filth “out of nowhere” poisoned and corrupted Montana’s political backwaters.
I tormented myself through all of this on my own in the hope that someone else would take up the subject. Some think tanks got involved. But most of all, I hoped that more journalists would jump on board, armed with our constitutionally guaranteed freedom of the press and aware of their obligation to keep the American electorate well informed. “Truth to Power” and all that jazz, eh? Nah … at least not until recently.
I fully understand that political black money laundering is astonishingly complex, excruciatingly boring, and orders of magnitude harder to “report” than wrecked cars. But dark money is important.
I recently read an article by Politicos Scott Bland about a “left-wing secret money group”. [that] spent a whopping $ 410 million in 2020 to aid Democrats’ efforts to overturn their seat [Trump and win the Senate]. “I’d say $ 410 million is important, isn’t it?
Politico’s article referred to a facility called the Sixteen Thirty Fund. Who’s got $ 410 million baby, huh? And why is that so important in Montana? Um – for “$ 19.4 million in contributions to the North Fund” – which in turn donated $ 5 million to the Montana Pot Initiative campaign last year. But under Montana law, the original donors remain secret, as five million dirty money dumped on Montana was “accidental” for a larger national package of $ 19.4 million that Sixteen gave to the North Fund (the totaled $ 25 million in 2020).
Those millions were distributed from, as the Atlantic Monthly put it on election day, “a trendy co-working space in Dupont Circle in Washington, DC – where people wear chucks and care about fancy coffee,” which de facto Headquarters of the “progressives” is the empire of political money of the movement “, which was spent over several” progressive “election campaigns on several topics in several states. Pretty comfortable.
Of course, I’ve written about North Fund and Sixteen Thirty in the Beacon together once and twice, and Sixteen clear in 2018 (North didn’t exist yet). What about the organization that created both Sixteen and North (and a number of others), the New Venture Fund? A couple, as of 2013. How about the management company that runs New Venture, Arabella Advisors? At least three times, since 2013. All that about little old Dave, who lurks at the end of Information Dirt Road in his free time? Impressive!
Back to Politico … Reporter Bland does some good research, revealing some of the funders of the $ 410 million Sixteen Thirty laundered in the last election – AND he published Sixteen Thirty IRS public 990 tax return. How about Pierre Omidyar, $ 45 million; Open Society (George Soros) $ 17 million? Mr. Bland also referred to an April 2021 New York Times article on Sixteen Thirty that explains how over the years $ 135 million has been given to Sixteen from “nonprofits” set up by “Swiss Billionaire Hansjoerg Wyss” financed and controlled.
Yes, you’ve read about Hans im Beacon since 2011. Coincidence? No, I happened upon evidence that Hans gave the money ($ 725,000 in 2006) that spawned the Arabella “empire,” whose new venture segment reached $ 315 million in 2017. What a rags-to-riches story, what? Which has still not been reported in the mainstream media in such boring but scary detail as I have made available to you (through the Beacon) over time.
I should have written a book … after I leave, maybe I will. What you’ve read so far only scratches the surface of what I have in my Archives of Darkness. Happy Thanksgiving!
Editor’s note: Dave Skinner will be leaving at the end of the year and we are looking for his replacement. Interested? Send an inquiry email to [email protected] with the subject “Send Dave Packing” for details.