In the wake of his failed presidential campaign, Herman Cain is building a Gingrich-like web of non-profits and PACs to enrich himself — and probably to help pay off campaign debt as well. Politico reports:
A super PAC run by former Republican presidential candidate Herman Cain appears interested in supporting one and only one politician.
Herman Cain himself.
Between April and June, Cain Connections PAC donated $75,000 to Cain-operated political nonprofit group Cain Solutions, new federal filings show.
The super PAC made no other contributions, with its more than $182,000 worth of other second-quarter expenditures going toward direct mail, printing, rentals, marketing, legal costs, bank and credit card fees and the like…
Such financial activity reenforces Cain’s move to create a sprawling network of affiliated and often overlapping political and business groups.
To date, it include two super PACs, the politically focused nonprofit, an educational nonprofit he calls the Cain Foundation Inc. and a radio and print syndication outfit known as T.H.E. New Voice Inc.
Nice work if you can get it.