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Subscribe to RSSThe New York Times front-pages, "Prudential Financial sent in a $2 million donation last year as the U.S. Chamber of Commerce kicked off a national advertising campaign to weaken the historic rewrite of the nation’s financial regulations. Dow Chemical delivered $1.7 million to the chamber last year as the group took a leading role in aggressively fighting proposed rules that would impose tighter security requirements on chemical facilities.
And Goldman Sachs, Chevron Texaco, and Aegon, a multinational insurance company based in the Netherlands, donated more than $8 million in recent years to a chamber foundation that has been critical of growing federal regulation and spending. These large donations — none of which were publicly disclosed by the chamber, a tax-exempt group that keeps its donors secret, as it is allowed by law — offer a glimpse of the chamber’s money-raising efforts, which it has ramped up recently in an orchestrated campaign to become one of the most well-financed critics of the Obama administration and an influential player in this fall’s Congressional elections."
Meanwhile, the biggest outside spender this cycle? It’s AFSCME. The Wall Street Journal: “The 1.6 million-member AFSCME is spending a total of $87.5 million on the elections after tapping into a $16 million emergency account to help fortify the Democrats' hold on Congress. Last week, AFSCME dug deeper, taking out a $2 million loan to fund its push. The group is spending money on television advertisements, phone calls, campaign mailings and other political efforts, helped by a Supreme Court decision that loosened restrictions on campaign spending.”
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You mean the U.S. Chamber of Commerce is a front group for "corporate people" to rig everything in their favor?
Perish the thought.
P.S. Love the "Democrats have groups too" bit at the end . . . very "fair and balanced". lol
And we're soon to have the best Congress the money can buy!
I wonder how members of Congress and take the "public coin" for doing nothing and stand to look at themselves in a mirror!
Ya just gotta love it. From ominous commercials decrying funds from "unknown foreign donors" to, "well, maybe not so much but they are secret anonymous donors", to "well, maybe not so much, but they are big corporate donors", the dems just can't get their message straight and they look like fools doing it. Newspapers in New York are reporting today that Andrew Cuomo, gubernatorial candidate, has taken in millions from rich donors from business, labor, and special interests with business before the state. Yeah, I know, if they're giving to Republicans it must be dirty, if they're giving to Democrats it must be in the peoples' interest. We, the people, are not stupid. Both parties are bought and paid for equally.
So the conclusion is "if both parties are doing it then the party that is the best at doing it should make the most gains, right"?
It is all a bunch of "bull hockey". America may never regain it's place in the world if the people don't come forward/together and demand that all of this influential money is taken out of our politics. The only way to do it is to allow the same amount of money to each party for campaigning. Then you will be able to see who the best candidate may be.
Sick of all the obstructionism and corruptness in people that should have the best interest of all Americans at heart.
Take the money out of politics ! Each member gets 100K for reelection..when the moneys gone the campaign is over . No senator or congress member should be making over 60K a year and they pay their own health care. Term limits 2 in a lifetime ! And also exclude the provision if you serve one term gong into the 2nd you get full senate /congress retirement packages...
When liberals say "take the money out of politics", they mean take the First Amendment out of the Constitution.
Bob, I said what I meant, "take the money out of politics". I did not mention the First Amendment, you did. That is exactly what the republican/tp does constantly. They take a statement and twist, turn, and spin it so that it looks nothing like the original statement.
And by the way, I don't recall the First Amendment saying anything about using money for political campaigns.
You have made a point that I made a few weeks ago, that the truth, most of the time, does not come from the republican/tp and those that push their agenda. I wonder why that is!
We already have public campaign financing. Remember the checkbox on your tax returns. That allows money to go toward the next presidential election. The problem is candidates are allowed to opt out as Obama did in the 2008 election. Opting out allowed him to collect an unlimited amount of contributions. If you recall John McCain accepted public financing.
The only reason McCain took campaign financing is because he was too lazy to get out and fund raise.
Robo calls are driving me to swear. Can't wait till the election is over.
I second that statement! So many attack ads are running back to back during commercial breaks that there is not room for... well... commercials!
Perhaps there should be a dedicated "Political Advertisement" Channel?
And you wonder why Americans are -issed, its because of two sets of standards...One for the greedy politicians who cater to the American dollar and one for every day Americans whom these politicians continue to RAPE.