PACs distribute money based on business interests. So the idea is that if your interests align with theirs, then it's easier for them to distribute the money to the wide array of candidates instead of you researching every single one.
"Also, does Facebook have a responsibility to track who's giving what? Because if they have international hires on staff, surely only citizens of the US can donate?"
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PACs distribute money based on business interests. So the idea is that if your interests align with theirs, then it's easier for them to distribute the money to the wide array of candidates instead of you researching every single one.
"Also, does Facebook have a responsibility to track who's giving what? Because if they have international hires on staff, surely only citizens of the US can donate?"
Yes. I also believe your name is publicly listed as a donor if your contribution is over a certain amount. For example, here are the donors to AT&T's pac: http://www.opensecrets.org/pacs/pacgave2.php?cycle=2012&...
On a slightly related note, companies with foreign HQs but with an American divisions can create PACs and get contributions from American employees.