This is a screenshot of an ad that’s been circulating on behalf of Democratic gubernatorial candidate Aly Richards. But it didn’t come from her campaign; it was paid for by the (apparently) newborn Independent Expenditure PAC known as “Time for a Change.”

IE-PACs, for those just tuning in, can spend on behalf of favored candidates but can’t coordinate their activities with anyone’s campaign. And this one has a bucket of money to spend by Vermont standards— although it’s getting in gear awfully late in the game.

As of the July 1 reporting deadline, TFAC was in the Secretary of State’s campaign finance system but had yet to raise or spend a single dime. Its August 1 report is a different kettle of fish altogether. TFAC reported raising $230,025 in a single month. The bulk of the total, a flat $200,000, was donated by businesses, not individuals. What’s more, $225,000 came from out of state. Only $5,025 was donated to TFAC by Vermonters. Are anyone else’s hackles raised a little bit, or is it just me?

In its August 1 campaign finance filing, TFAC only reported spending $8,500 (to D.C.-based Liftoff Campaigns LLC for “Media – Consulting”), but that doesn’t tell the story. It has also filed FOUR separate Mass Media filings in the last three days, none of which are reflected in its August 1 report. TFAC sent $50,000 to D.C.-based Middle Seat for online ad buys; another $60,000 to Liftoff Campaigns for “text messaging”; $35,000 to Liftoff for “Online Advertising”; and another $56,500 to Liftoff for more “online advertising.” That’s a total spend of $210,000 in a matter of days!

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