US elections 2012: ‘Super PAC’ founded by former George W. Bush aides rounds on Barack Obama

“It’s been remarkable,” Steven Law, the president of American
Crossroads told Fox Business. Donors “see that there’s a change that
could happen, they obviously believe that a change needs to happen, and as a
result of that and they’ve been very free with their support,” he said.

The group is expected to broadcast its first attacks by the end of the month,
amid concerns among Right-wing activists that the prolonged and bitter
Republican primary campaign has helped Mr Obama.

Mr Law said that the endless infighting between Mr Romney and his rivals Rick
Santorum and Newt Gingrich was “certainly one of” the reasons the
president leads in opinion polls of swing states.

“Every day that goes by that we’re not talking about President Obama is a
wasted day,” Mr Law said.

A Washington Post-ABC News poll last week found that Mr Romney has continued
to grow more unpopular as the Republican primary contest has gone on.

While 53 per cent of Americans hold favourable views of Mr Obama, just 34 per
cent now say the same for Mr Romney. Half of all voters have a negative
opinion of the former Massachusetts governor – a higher number than Mr Obama
has ever suffered.

Super PACs such as American Crossroads were freed to collect unlimited
donations from businesses under the Supreme Court’s 2010 “Citizens
United” ruling.

It effectively stated that under the US constitution’s guarantee of freedom of
speech, corporations, like individuals, are able to exercise the right to
free speech by donating money.

American Crossroads’s financial firepower comes largely from a small group of
conservative billionaires with strong ties to Mr Rove and the Bush
administration.

Topping the list is Harold Simmons, a Texan industrialist who has so far
donated at least $10 million (£6.3 million) to the group. Mr Simmons has
financed conservative causes since the 1980s, when he donated money to the
legal defence funds of two aides to President Ronald Reagan charged with
selling weapons to Iran.

He also poured money into Swift Boat Veterans for Truth, a political group
that savaged John Kerry’s Vietnam War record during the 2004 election and is
credited with playing a major role in Mr Bush’s re-election.

American Crossroads has also received at least $9.5 million (£6 million) from
Bob Perry, a Texan home builder who also contributed heavily to the Swift
Boat campaign. Mr Perry helped finance Mr Bush’s campaigns to become
Governor of Texas and is also a major contributor to Restore Our Future, a
Super PAC supporting Mitt Romney.

Attack advertising from Restore Our Future was credited with destroying the
Republican primary prospects of Mr Gingrich, a former House Speaker, after
it appeared he could challenge Mr Romney in the key early state of Florida.

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