Bruce Rastetter “blurred the line” last year “between his role as investor in AgriSol Energy” and his position on the Iowa Board of Regents, Ryan Foley reported yesterday in a must-read piece for the Associated Press.

UPDATE: Iowa Citizens for Community Improvement posted extensive e-mail correspondence related to Rastetter’s involvement in the potential AgriSol Energy/Iowa State University partnership. Details are below.

Polls closed across Iowa at 9 pm, and I will update this post periodically as results come in from around the states. Any comments related to today’s elections are welcome in this thread.

P.S.- As expected, Wisconsin Democrats fell short in their effort to recall Republican Governor Scott Walker.

UPDATE: Results are after the jump.  

Polls are now open in Iowa’s primary elections across the state and will close at 9 pm.

Any comments about Iowa races for Congress, state legislative, or county offices are welcome in this thread. I’ve posted lots of links after the jump to get the conversation going. I also extended the deadline for entering the primary election prediction contest.

Iowa primary elections are coming up next Tuesday, so it’s time for another Bleeding Heartland election prediction contest. A dozen questions are after the jump. There are so many competitive Iowa House and Senate primaries that it was difficult for me to choose. I tried to achieve some geographical balance and cover different types of primaries (open-seat races vs. challenges to incumbents, safe seats for one party vs. swing districts).

To enter the contest, post your predictions as comments in this thread before 7 am 6 pm on June 5. Predictions submitted by e-mail will not be considered. It’s ok to change your mind, as long as you post your revised predictions as an additional comment in this thread before the deadline.

No money’s at stake here, just bragging rights. This isn’t like “The Price is Right”; the winning answers will be closest to the final results, whether or not they were a little high or low. Even if you have no idea, please try to take a guess on every question.

What’s going on with Brad Zaun? This month he’s stuck his nose into two Republican primaries that should be of little concern to a state senator from the Des Moines suburbs.

I’m posting the weekend thread early, because the filing period for primary election candidates in Iowa closed this afternoon. The Secretary of State’s Office posted the full list of candidates here (pdf). John Deeth has been covering the filing on a daily basis all month at his blog. Some highlights from races I’m watching are after the jump.

This is an open thread; all topics welcome.

UPDATE: Gotta agree with Senator Chuck Grassley: the History Channel is useless.

Yesterday was the deadline for Congressional candidates to file financial reports on the fourth quarter of 2011. Details on fundraising by all the incumbents and challengers in Iowa are after the jump.

As I did last quarter, I’m covering the districts in reverse order, because the most interesting money stories came out of the new fourth and third Congressional districts.  

Delegates to the Iowa Farm Bureau’s state convention in Des Moines voted Craig Lang out as president of the organization yesterday.

Senator Chuck Grassley got the word out yesterday: he won’t endorse any Republican presidential candidate before the Iowa caucuses.

October 15 was the deadline for Congressional candidates to file reports on their third-quarter fundraising with the Federal Election Commission. Follow me after the jump for highlights from the filings for incumbents and challengers in Iowa’s four new Congressional districts.

I’m covering the districts in reverse order today, because based on second-quarter filings, political junkies are most closely watching the money race in IA-04 and IA-03.

New Jersey Governor Chris Christie just called a press conference to confirm once again that he will not seek the presidency in 2012.

Iowa Citizens for Community Improvement members filed an ethics complaint yesterday against Brent Rastetter, one of Governor Terry Branstad’s appointees to the state Environmental Protection Commission.

Seven Iowa businessmen are flying to New Jersey today to dine with the man they hope will improve a comically bad Republican presidential field. I understand the idea behind recruiting Governor Chris Christie, but I don’t get why the power-brokers are calling so much attention their efforts.

More thoughts on the courting of Christie are after the jump, along with a bonus tip on what not to say if you want outsiders to take the Iowa caucuses seriously.

After a slow start, the Republican presidential campaign is ratcheting up in Iowa. Former Minnesota Governor Tim Pawlenty formally announced his candidacy in Des Moines today. Over the weekend former Godfather’s Pizza CEO Herman Cain made his campaign official too.

Arguably the biggest news of the past few days was Indiana Governor Mitch Daniels ruling out a campaign. Many Republican insiders had hoped he would beef up the weak declared field against President Barack Obama.

Links, quotes, and analysis are after the jump.

Governor Terry Branstad announced more than 200 appointees to various state boards and commissions yesterday. He named Dolores Mertz, Brent Rastetter, Eugene Ver Steeg, and Mary Boote to four-year terms on the Environmental Protection Commission.

Mertz retired last year after more than two decades in the Iowa House. She was the most conservative House Democrat and chaired the Agriculture Committee for four years. She was a reliable vote against any attempt to limit pollution from factory farms and regularly assigned such bills to subcommittees that would bury them. Her sons own large hog farms and have been cited for several environmental violations. She also earns income from renting farmland to those operations. On the policy side, last year Mertz fast-tracked a bill that would have undermined new rules on spreading manure over frozen and snow-covered ground. She pushed (unsuccessfully) for a bill that would have given landowners until 2020 to comply with regulations passed in 1997 to prevent water contamination from agricultural drainage wells. Mertz has spoken of her “passion” to advocate for agriculture.

Brent Rastetter gave Branstad’s gubernatorial campaign at least $30,000. He is the owner and CEO of Quality Ag Construction, a company he and his brother Bruce Rastetter created in 1992. Quality Ag Construction’s market niche has been building hog confinement facilities. UPDATE: It’s also worth noting that Bruce Rastetter built a business empire in large-scale hog production and later ethanol. Groups representing agribusiness and biofuels producers are suing the Environmental Protection Commission and the Department of Natural Resources over water quality protection rules.

Ver Steeg was first named to the Environmental Protection Commission by Governor Chet Culver in 2008 for the position on the nine-member body that must be filled by “an active grain or livestock farmer.” Ver Steeg owns a hog farm and is a past president of the Iowa Pork Producers Association.

Boote is a “longtime Republican activist” who founded and runs an organization called Truth About Trade and Technology. The organization’s mission is to “support free trade and agricultural biotechnology.” It is primarily funded by “U.S. agribusinesses, farm organizations and individuals.” Boote has served as executive director of Truth About Trade and Technology for the past decade, so her income depends on the business organizations supporting the group.

Many in the environment-minded community criticized Culver in 2007, when he replaced four strong members of the Environmental Protection Commission with two people who had background in conservation and two who had close ties to agribusiness. Culver later named other supporters of protecting natural resources to the EPC, notably Shearon Elderkin and Carrie La Seur.

I don’t see any balance in Branstad’s appointees. That doesn’t bode well for the future work of the Environmental Protection Commission, charged with providing policy oversight over Iowa’s environmental protection efforts.

After the jump I’ve posted the Iowa Citizens for Community Improvement’s statement on the new EPC appointees. Iowa CCI has sought to monitor compliance with new rules on spreading manure over farmland during the winter.  

Governor Terry Branstad announced some important personnel decisions in the past few days, naming former State Representative Libby Jacobs to chair the Iowa Utilities Board and three new members of the Board of Regents, including Bruce Rastetter.

Follow me after the jump for more on those and other Branstad administration appointments.

UPDATE: On March 1 President Barack Obama named Branstad to co-chair the Council of Governors, “established by the National Defense Authorization Act in 2008 to strengthen further partnership between the Federal and State governments as it pertains to national security.” Branstad will serve a two-year term as co-chair.

SECOND UPDATE: Branstad announced more than 200 appointments to state boards and commissions on March 2. Bleeding Heartland covered the four appointees to the Environmental Protection Commission here; all have ties to large agribusiness.

Another name that caught my eye was Eric Goranson, a lobbyist and parochial schools advocate whom Branstad named to the State Board of Education. He has been a leading critic of the Iowa Core Curriculum (see here and here). The Under the Golden Dome Blog argues that Goranson’s appointment may violate Iowa code, which states, “A voting member [of the Board of Education] shall not be engaged in professional education for a major portion of the member’s time nor shall the member derive a major portion of income from any business or activity connected with education.” Several of Goranson’s lobbying clients represent religious private schools or Christian home-schooling parents.

THIRD UPDATE: I forgot to mention Branstad’s two appointees to the State Judicial Nominating Commission: Helen St. Clair of Melrose and William Gustoff of Des Moines. I have been unable to find any information about Helen St. Clair, but a Maurice St. Clair of Melrose was among Branstad’s top 20 individual donors, contributing more than $45,000 to the gubernatorial campaign. I assume he is related to Helen St. Clair and will update this post if I confirm that. William Gustoff is a founding partner of the Whitaker Hagenow law firm, which includes Republican former U.S. attorney Matt Whitaker and State Representative Chris Hagenow. Branstad’s legal counsel Brenna Findley also worked at Whitaker Hagenow last year.

Debi Durham’s appointment as economic development leader was the big news of the week from Governor-elect Terry Branstad’s camp, but he and his close advisers continue to lay the groundwork for his administration.

After the jump I catch up on stories about the state budget, inauguration plans, and top Branstad donors from the past year.

When the American Future Fund announced plans to wage a “six-figure” campaign against Representative Bruce Braley (D, IA-01), I figured low blows were on the way. After all, this 501(c)4 organization got off the ground with the help of some of the country’s most notorious Republican media consultants. In 2008, the group ran misleading ads against many Democrats.

The first salvo against Braley was just the sort of cynical propaganda one would expect from the American Future Fund. More disturbing, this group isn’t some fringe operation. It has close financial and operational links to Republican gubernatorial candidate Terry Branstad and state Senate candidate Sandy Greiner, one of the Iowa GOP’s top legislative hopefuls.

Following up on my review of news from the first half of last year, I’ve posted links to Bleeding Heartland’s coverage of Iowa politics from July through December 2009 after the jump.

Hot topics on this blog during the second half of the year included the governor’s race, the special election in Iowa House district 90, candidates announcing plans to run for the state legislature next year, the growing number of Republicans ready to challenge Representative Leonard Boswell, state budget constraints, and a scandal involving the tax credit for film-making.

Jim Gibbons’ Congressional campaign hasn’t impressed me so far, but I’m even less impressed by supporters of Republican rivals who are trying to discredit Gibbons as a “carpet-bagger.” It’s supposed to be a big scandal that Gibbons recently moved from Boone County (part of IA-04 and a 20-minute drive from the Des Moines suburbs) to Polk County. This attack is an insult to the collective intelligence of third district voters.

So I almost didn’t click on Charlotte Eby’s blog post yesterday, “Candidate new resident of Iowa’s 3rd District.” But there was something interesting in the story after all:

Former Iowa State University wrestling coach Jim Gibbons moved into an apartment in Des Moines from a home in [a] rural area near Perry, said Nick Ryan, who responded on behalf of the campaign.

I’ve been hearing that Gibbons was Bruce Rastetter’s man in the Republican primary to face Representative Leonard Boswell, and Eby’s post contained the first piece of evidence supporting that rumor. Ryan was recently in the news speaking on behalf of the American Future Fund, but he “works primarily for Rastetter’s companies”. He accompanied Rastetter to meetings with Iowa House and Senate Republicans to talk political strategy during the 2009 legislative session.

If Ryan is taking press calls for the Gibbons campaign, it’s a safe bet that Rastetter’s money is on Gibbons. Why the ethanol baron would prefer him to State Senator Brad Zaun is still a mystery to me. Anyone with a good hypothesis is welcome to post a comment here or send me an e-mail: desmoinesdem AT yahoo.com.

UPDATE: In the comments, Bleeding Heartland user mirage points out that Cityview’s Civic Skinny and Iowa Progress have pushed the carpet-bagger angle. Point taken, though neither of them said that should be a reason for Republican primary voters to reject Gibbons. I’ve observed commenters at The Iowa Republican trying to use this argument, though.

Speaking of The Iowa Republican, they published a Gibbons press release today containing an idiotic tax proposal. Might appeal to some Republican primary voters, but it’s completely impractical.

Brad Zaun made the news yesterday when he officially entered the race against Leonard Boswell in Iowa’s third Congressional district, and rival Republican candidate Jim Gibbons apparently wanted a little attention too. So Gibbons put out a press release accusing Boswell of not working hard enough.

After the jump I have more on that lame accusation, as well as speculation about who’s backing Gibbons against Zaun.  

Interesting story from the Des Moines Register’s Iowa Politics Insider blog:

The American Future Fund Political Action has asked the Federal Election Commission for an advisory opinion about whether federal law preempts laws like that in Minnesota.

In that state, a live operator must initiate the recorded call with the consent of the person receiving the call.

The political action committee, which raises and contributes money for political campaigns, is based in Virginia, but its advocacy arm, American Future Fund, is run out of Des Moines.

Des Moines lawyer Nick Ryan, chairman of American Future Fund’s board, said such restrictions interfere with federal campaign finance laws, which cover the activities of federal candidates, national party organizations and political action committees.

Ryan argued that the issue his group is raising is about fairness. For example, it is more expensive to conduct a telephone campaign that requires hiring staff, an obstacle to candidates with small warchests, Ryan said.

For background on the American Future Fund, read this Daily Kos diary by Mrs Panstreppon and this article by Jason Hancock for the Iowa Independent.

This FEC request suggests that the group plans to continue to be involved in upcoming elections in Minnesota, perhaps including the 2010 governor’s race or Congressional elections. Iowa doesn’t have any restrictions on political robocalls. The American Future Fund has run television ads in Minnesota this fall and ran ads supporting Republican Senator Norm Coleman last year. In fact, Minnesota’s Democratic-Farmer-Labor Party filed an FEC complaint against the group:

“The American Future Fund is a shadowy nonprofit organization,” the complaint said. “It purports to be exempt from tax under section 501(c)(4) of the Internal Revenue Code. But its notion of ‘promoting the social welfare’ is to send valentines to electorally troubled Republican Senate candidates. The Commission should take immediate steps to enforce the law and expose this group’s secret financing to light of day.”

Here in Iowa, the American Future Fund seems to be backing Terry Branstad for governor. Tim Albrecht was that group’s communications director before taking a job with the Branstad campaign. Nicole Schlinger, former president of the American Future Fund, is now handling fundraising for the Branstad campaign.

A member of the Des Moines business community tells me that Ryan has been making fundraising calls for Branstad’s campaign. I don’t know if he’s doing that on his own time or as part of his work for the American Future Fund. Ryan has worked for Bruce Rastetter, one of the Iowa business leaders deeply involved in recruiting Branstad to run for governor again.

UPDATE: The Minnesota Attorney General’s Office will submit comments to the FEC defending that state’s law.

Until last week, the money raised to support Terry Branstad as a gubernatorial candidate was hidden in the bank accounts of two 527 groups: the Iowa First Foundation and the Draft Branstad PAC. Now that Branstad has formed an exploratory committee, I expect we’ll soon see a press release about eye-popping early money raised for his campaign. Major Republican donors were key players in the effort to lure the former governor back into politics.

While Branstad’s signing all those thank-you notes to Republicans, he may as well acknowledge three Democrats who have helped him raise the big bucks: Governor Chet Culver, Iowa House Speaker Pat Murphy, and Iowa Senate Majority Leader Mike Gronstal. Branstad wouldn’t be able to accept those $25,000 and $50,000 checks if Democrats had passed meaningful campaign finance reform during the past three years.

This rant continues after the jump.

Less than three months after saying he would not run against Governor Chet Culver next year, former governor Terry Branstad now tells the Des Moines Register he is “not ruling it out.” Moreover,

Branstad is accepting invitations to meet with party activists. Two weeks ago, he met with about 50 political and business leaders at the Alden home of Bruce Rastetter, an influential Republican fundraiser and ethanol industry executive.

New calls for Branstad’s candidacy, and encouraging words from key donors such as West Des Moines developer Gary Kirke, underscore a growing feeling in his party that Democrat Gov. Chet Culver is vulnerable as he finishes his first term and that the emerging GOP field lacks a contender who can beat him.

A Branstad candidacy would force some of the lesser-known Republicans from the race, but the GOP field will not clear for him. Bob Vander Plaats will stay in, and he plays to the social conservative constituency that saved Branstad’s bacon in his tough 1994 primary against Congressman Fred Grandy.

I think there would be a niche for a third candidate who might emphasize Vander Plaats’ poor general election prospects and Branstad’s record of fiscal mismanagement as governor.

Many Iowa Republicans deeply distrust Doug Gross, the 2002 gubernatorial nominee who was a top aide to Branstad and has been shopping for a candidate to support all year. The March opinion poll Gross commissioned on behalf of the Iowa First Foundation sparked the Branstad for governor rumors.

Bruce Rastetter and Gary Kirke, who are fueling the Branstad recruitment efforts, are big Republican players but not without controversy in GOP circles either. Rastetter gave a lot of money to Republican candidates in 2008 and may have been involved in a group running ads against Culver. But he also gave Culver’s campaign committee $25,000 in 2007, as did Kirke. Rastetter gave the maximum allowable contribution to Rudy Giuliani’s presidential campaign, and we all remember how highly Iowa Republicans thought of Rudy.

I do not think that rank and file Republicans are going to sit back and let these kingmakers choose Branstad as their candidate against Culver. Then again, I still think Branstad is not going to run for governor, so I could be proven wrong.

In other news on the GOP race for governor, Jason Hancock wrote a good piece for Iowa Independent on the pros and cons of a competitive Republican primary. I tend to agree with Republicans who think a tough primary will help the GOP by generating media buzz and starting to close the voter registration gap with Iowa Democrats. On the other hand, there’s a chance that harsh infighting could damage the eventual nominee. The most disastrous outcome for Republicans is still John Deeth’s dream of Vander Plaats winning the nomination at a state convention. A Branstad candidacy would eliminate that possibility.

Share any relevant thoughts in this thread.

LATE UPDATE: National Republicans are heavily recruiting Branstad, and the Washington Post’s Chris Cillizza says one of them told him Branstad is “very” close to getting in the race. The prospect of national money coming to this race has to be appealing to Iowa Republicans.

I am enjoying the comment threads on Branstad at The Iowa Republican blog, like this one.  

The phone rang early Tuesday evening, and the voice on the other end was an interviewer conducting a survey for Hill Research Consultants. I asked who commissioned the survey, but the interviewer said he didn’t know.

Judging from the type of questions and their wording, I assume this poll was commissioned either by a Republican considering a run for governor in 2010, a Republican interest group trying to decide what kind of candidate to support for 2010, or the Republican Party of Iowa itself.

As I always do whenever I am surveyed, I grabbed a something to write with and took as many notes as I could about the questions. However, it was a long poll and there was commotion in the background on my end, so I know I didn’t get all the questions down. If you have been a respondent in the same survey and can fill in some blanks, please post a comment in this thread or e-mail me (desmoinesdem AT yahoo.com).

My notes on the questions asked during this 15-20 minute survey are after the jump. These are paraphrased, but I tried to remember the wording as closely as I could. I don’t know whether the order of the suggested answers was the same for everyone, but since this sounded like a real poll, I assume the order of multiple-choice answers was rotated.

Earlier this year, Mrs. panstreppon wrote several stories on the conservative American Future Fund. You can find them here, here, and here.

This week Jason Hancock wrote a good piece for Iowa Independent about this advocacy group, which is running ads in close Congressional races across the country. This part caught my eye:

Public records show the AFF also has connections to Iowa businessman Bruce Rastetter, who is widely believed to be considering a run for governor in 2010. Rastetter is a regular donor to the Republican Party and founder of Hawkeye Renewables, the fourth largest ethanol producer in the nation. Eric Peterson, business manager at Summit Farms, another of Rastetter’s companies, is listed on documents filed with the Iowa Secretary of State’s office as president, secretary and director of Iowa Future Fund, a conservative nonprofit that essentially morphed into American Future Fund.

The address listed on an AFF ad buy in Minnesota is a post office box used by Nick Ryan, a Des Moines lobbyist who works primarily for Rastetter’s companies and who served as campaign manager for 2006 Republican gubernatorial candidate Jim Nussle. In February, Ryan was acting as spokesman for Hawkeye Renewables when 29,000 gallons of ethanol was accidentally spilled at the company’s Iowa Falls plant.

Within the past year, Rastetter donated $1 million to the Iowa State Fair and $1.75 million to the Iowa State University Agricultural Entrepreneurship Program. That will build up a lot of good will across this state.

A number of signs indicate that Rastetter has been be quietly gearing up for a campaign for quite awhile. His involvement in Iowa Future Fund, the shady 501(c)(4) that ran anti-Culver ads, was my first clue. (I first posted about Rastetter and IFF/IPP at Bleeding Heartland here.)

Another clue was that someone privately registered “brucerastetter.com” and “brucerastetter.org” in early December 2007. 

An even bigger clue was that Rastetter hired Nicholas T. “Nick” Ryan in January 2007. Ryan had just come off a stint as campaign manager for Jim Nussle's failed gubernatorial bid.

Bruce Rastetter is CEO of  Hawkeye Energy Holdings, Iowa's largest ethanol producer and the third largest in the nation. In September, the Cyclone Conservative commented that “a Rastetter candidacy would also be attractive because Rastetter would carry a tremendous amount of gravitas on renewable fuels and agriculture issues.”

CC also speculated that Rastetter's $1.75 million gift to Iowa State University was a political ploy to garner favorable publicity for Rastetter, the candidate. Sounds plausible to me.

If Rastetter runs, Iowa Dems can expect an enormous amount of money to be poured into his campaign, both on and off the books. The  probable reason for the secrecy about Rastetter's intentions is to catch Tom Harkin and Iowa Dems off guard about how stiff Harkin's competition will be in terms of the candidate and money.

Richard O. Jacobson, founder of Jacobson Companies, is chairman of Hawkeye Energy. Jacobson kicked in $50k to Nussle in '06.

Rastetter is very close to Peter M. Castleman, chairman of J. H. Whitney & Company, a private equity firm based in Connecticut. Rastetter is also linked to Whitney partner, Russell Stidololph, through Altenergy LLC. Nick Ryan uses nryan@alternergyllc.com. 

Thomas H. Lee Partners, a Boston private equity firm, has a majority stake in Hawkeye Energy. Expect financial support for Rastetter from the THL partners.

At one point, Rastetter and his partners at J. H. Whitney planned to make a $200 million investment in Iowa wind farms but not much as been mentioned about it recently. I am particularly curious about the wind farms because I read yesterday that T. Boone Pickens is investing $10 billion to create a chain of wind farms that stretches from Texas through the Great Plains. 

If Pickens is behind Rastetter, Iowa Dems are in big trouble. In 2004, Pickens contributed $1 milion to Swift Boat Vets and $2.5 million to Progress For America, another 527, that raised $48 million. The DCI Group, the premier Republican slime shop, was behind PFA.  

I strongly suspect that Iowan, Brian Kennedy, is managing Iowa Future Fund/Iowa Progress Project. Kennedy, a DCI Group exec, is co-founder of PFA. More on the link between the DCI Group, the Iowa Future Fund and its affiliate, the American Future Fund here.

Kennedy made a failed primary bid for an Iowan congressional seat in 2006. He is also the former chairman of the Iowa Republican Party.   

The brucerastetter.com website lists 400 Locust Street, Suite 330, Des Moines, IA 50309 as its address. I checked the online phonebook and couldn't find an organization specifically listed in Suite 330 but I did find Summit Capital Group at Suite 480.

Summit Capital, a Rastetter company, is the one that employs Nick Ryan. Although Ryan claimed he was first employed by Summit Capital in January 2007, Summit Capital was only registered with the Iowa Secretary of State on February 21, 2007.

The Arag Group, curiously enough, is also listed at 400 Locust St, Suite 480.

That's it for me and Bruce Rastetter for the moment but first a question. If I am right about Rastetter running, did Rastetter violate any campaign laws by raising money without declaring his candidacy? Me, I'd go after Rastetter with a chainsaw if I were an Iowa Dem.

(Crossposted at TPM Cafe)  

Update: As senateguru noted in the comments, the deadline to register for the June senate primary has passed. But let's take a look at the candidates who did register: George S. Eichhorn, Christopher Reed and Steve Rathje.

Steve Rathje is the only candidate to register his campaign committee with the FEC. Since he registered in September 2005, he has raised $123k which came mostly from relatives, friends and Rathje personally. At 3/31/08, Rathje had a whopping $7k in cash on hand.

Compare Rathje's fundraising to that of Harkin's 2002 opponent, Greg Ganske. At 3/31/02, Ganske had $1.3 million in cash on hand and had spent $800k in the first quarter of 2002 alone. Ganske ultimately spent a total of $5 million vs Harkin's $8 million.

Interesting that Rathje's website is on the National Republican Party's server of choice, Smartech. Smartech was host to the off-record email accounts of many White House staffers and many of the so-called “missing” emails went through Smartech's servers.

Conventional Iowa wisdom is that the Republicans won't run a strong candidate against Harkin but this field of candidates is so pathetic, it lends strength to my argument that Rastetter could very well make a surprise run. I just don't know enough about election law to know if it is doable.  What if all three primary candidates dropped out?

If anyone can tell me more about Harkin's likely opponent, I'd appreciate it. I'd appreciate it even more if anyone knows how the prospective candidate will raise a few million bucks to run a respectable race.   

Late yesterday, Dave Kochel issued a press release announcing the formation of Iowa Progress Project, a 501(c)(4) which will replace Iowa Future Fund. Iowa Future Fund is the mysterious organization running anti-Chet Culver ads. Iowa Progress Project is so new, it was only registered with the Iowa Secretary of State on 4/10/08.

Why Iowa Progress Project? Because it is similar to Iowa Policy Project, a respectable undertaking. Iowa Future Fund was the name of a lapsed Iowa Democratic PAC. In 2006, Republican operative Roger Stone sent out pro-Rick Santorum campaign mailers to Pennsylvania voters using Progressive Policy Council which was very similar to the left-leaning Progressive Policy Institute. 

Replacing Iowa Future Fund with Iowa Progress Project might be a direct response to recent questions here in Bleeding Heartland and elsewhere in the blogospehere as to whether wealthy Iowan businessman, Bruce Rastetter, funded IFF.

Bruce Rastetter is president of Hawkeye Renewables which owns and operates four ethanol plants in Iowa. He also is invested in the wind energy industry. From what I have learned so far, Rastetter is partners with some very wealthy private investors on the East Coast through AltEnergy LLC, located in Royaton, Connecticut. Russell Stidolph, head of AltEnergy, has been operating in Iowa since at least 2003 and probably provided the financial backing for Hawkeye Renewables.

Nicholas T. “Nick” Ryan, Jim Nussle's long time campaign manager, now works for Bruce Rastetter. Ryan  is somehow connected to AltEnergy LLC and uses the email address, nryan-at-altenergyllc.com. Ryan's p.o. box was listed on an American Future Fund ad buy in Minnesota.

From the IPP website: 

“Des Moines, IA — Iowa Progress Project announced today its formal organization and outlined its goals and objectives in the near and long-term.

President David Kochel said, “Iowa Progress Project is the direct result of the response thousands of Iowans have had to ads and issues highlighted by the Iowa Future Fund. While the Iowa Future Fund has been very effective at highlighting important issues in our state, what was also abundantly clear is that a grassroots-centered conservative issues organization is also needed in this state. IPP will provide citizens from all corners of Iowa a voice in their community and state.”

IPP announced the following Board of Directors for the organization:

President: David Kochel
Director: Kathy Pearson
Director: Gary Grant

Gary Grant is possibly the vice-president of Public Affairs Co.

Kathy Pearson is possibly the former president of the Iowa Federation of Republican Women and the president and sole employee of Kaas Employment Services in Cedar Rapids.

I'm not an Iowan but I am interested in IFF and IPP because they are linked to a well-organized national Republican program to misuse 501(c)(4)s during the upcoming election. 501(c)(4)s do not have to disclose their donors and can accept unlimited contributions.

American Future Fund and Iowa Future Fund were registered on 8/7/07 by top Republican operatives at Holtzman Vogel, a Virgnia law firm. AFF has been running pro-Norm Coleman ads in Minnesota and the Dems there have already filed an FEC complaint.

In the comments section of a TPM Cafe post about another Republican 501(c)(4), we are working out who, besides Bruce Rastetter, is behind American Future Fund.

I'll keep you posted!

Remember that Republican group, Iowa Future Fund, which has been running advertisements against Governor Chet Culver since last summer?

Mrs. Panstreppon alerted me to an article she wrote at TPM Cafe: American Future Fund & Iowa Future Fund, GOP Fronts. You should read the whole thing, but here are some excerpts (the embedded links did not come through–you’ll have to click over to TPM Cafe to see those):

American Future Fund (AFF) is running ads in support of Senator Norm Coleman (R-Minnesota) and Iowa Future Fund (IFF)is running ads against Governor Chet Culver (D-Iowa)and there has been speculation in the media as to who is behind AFF and IFF. Paul Kiel at TPM Muckraker posted about AFF and IFF and the Des Moines Register and Minnesota NPR among others have run stories about the two entities.

Last week, Minnesota Democrats filed an FEC complaint against American Future Fund.

I reviewed AFF and IFF documents filed with the Iowa Secretary of State on 8/7/07 and the incorporator is Jessica Young at 98 Alexandria Pike, Ste 53, in Warrenton, VA. That is the address of Holtzman Vogel, a law firm owned by two very influential and well-known Republican operatives, Alex N. Vogel and his wife, Jill Holtzman Vogel.

[…]

On 2/7/08, an Eric Peterson filed a fictitious name resolution in order for Iowa Future Fund to do business as “IFF”. Peterson listed himself as IFF president, secretary and director but no address or phone number was provided.

Jessica Young as IFF incorporator has the power to appoint directors so I assume she appointed Eric Peterson. But Young isn’t talking. I called her at Holtzman Vogel and was referred instead to an attorney named Teresa who told me that it was the firm’s policy to keep client matters confidential. When I pointed out that HV seemed to be the client, she refused to comment.[…]

According to Stu Rothenberg at the Rothenberg Report, Republican operatives Ben Ginsberg and Edward T. Tobin III are also involved in IFF and AFF. Ginsberg, former counsel to the Bush-Cheney campaign, is a partner in Patton Boggs’s public policy and lobbying group. Tobin, former executive director of the Republican Governors Association, is a partner in Wilmer Hale’s fairly new Public Policy and Strategy Group.

David Kochel has acknowledged that he is an IFF advisor but refuses to say anything more. Kochel, a former Iowa Republican Party director, was most recently an advisor to the ill-fated Romney campaign and he advised Lamar Alexander in 2000. Kochel, along with Jennifer Dean, owns JDK Marketing and Public Affairs.

Who is Eric Peterson, Iowa Future Fund president, secretary and director? One guess is that he is Eric Peterson, Summit Farms business manager. A 2007 Iowa State U. grad, Peterson donated $2k to Rudy Giuliani in December as did other Summit Farms employees along with Peterson’s employer, wealthy Iowan businessman, Bruce Rastetter.

Bruce Rastetter, a big Republican donor, owns Hawkeye Renewables which owns and operates four ethanol plants in Iowa.

[…]

Rastetter himself is politically ambitious and considered running against Senator Tom Harkin this year.

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Is Bruce Rastetter, a least in part, funding Iowa Future Fund and American Future Fund? It would certainly suit him politically to do so because he can keep the extent of his financial support of the Republican Party secret. Rastetter seems to be a practical guy in that he just made his first ever contribution to a Democrat, $25k to Gov. Culver. I doubt if Rastetter would want the governor to know he is funding ads criticizing him.

Bleeding Heartland readers, do you know anything more about Eric Peterson or other people behind the Iowa Future Fund?  If so, please put up a comment or e-mail me confidentially: desmoinesdem AT yahoo.com.