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One Hiin should love . . . . Campaign donations
Meanwhile, civic knowledge is enhanced by discussing public affairs, taking part in civic activities and reading about current events and history, the group said.
Which is why we have P & R! |
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Many of you provide Hinn with unwarranted venerability. | |
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SUPRMAN said: Campaign donations
Writing cheques, hedging bets Sep 18th 2008 | NEW YORK From The Economist print edition A surge in corporate money for the Democrats AUGUST was the best money-spinning month so far for the presidential candidates. In that month both men beat their fund-raising records. John McCain’s campaign, heartily boosted by Sarah Palin, brought in $47m; but Barack Obama raised $66m, more in a single month than any candidate for political office in America’s history. Mr Obama has helped to change the direction of corporate giving. By late July, the political action committees of American companies had contributed almost $214m to the Democrats and Republicans. For the first time in over two decades, the cash was evenly divided: each party received roughly $107m. Traditionally Democrats have always lagged in attracting money from business. During the 1996 election cycle, for instance, Republicans received almost 73% of corporate donations while Democrats received 27%, according to the Federal Election Commission. This uneven ratio persisted almost up to the present. In the last presidential election, in 2004, Republicans received close to 68% of the money that businesses gave. The new trend is not simply important for the war-chests of Democratic candidates. It also suggests that corporations are betting on a Democratic victory in November. The trend of giving to Democrats accelerated, and giving to Republicans declined, as soon as the Democrats won control of Congress in 2006. This year Democrats expect their congressional majorities to swell, and corporations may be positioning themselves for a long Democratic ascendancy. But many corporations may also think that a Democrat will win the presidency, which could explain why corporate donations to the Democrats have risen so much. Darrell West, a vice-president of the Brookings Institution, a think-tank, says that because many corporations anticipate a victory for Mr Obama, they consider their gifts to Democrats an investment in their company’s future. Among the top contributors are sectors with special interests, including banks, telecoms companies and the health-care industry. Corporations were conspicuous at the Democratic convention, which boasted 141 business sponsors. According to the non-partisan Campaign Finance Institute, the Republican convention has announced only 91 sponsoring companies. The Republicans may not yet have disclosed all their sponsors; but nonetheless, so far, fat cats are contributing the Democrats’ way. 
i don't demonize corporations per se though. i do believe that is a real sense in which republican principles should be more attractive to businesses and corporations, but i don't find corporations to really be necessarily conservative or republican in nature or practice. They will peddle whatever sells. that includes ideology, ideas, and imagery. of any sort. They are opportunistic. even in their donations, as this piece argues or points out. and will take anything from the gov't that helps, try to fight and dodge whatever gov't regulation hurts, and sell whatever sells. if they are founded upon upon ideological principles and aspirations, then that too may come in conservative or liberal forms. Welcome to the New World Odor and
the Myth Making Moonbattery of Obamanation. DISSENT FROM DAY ONE Pround member of the .org conservative union | |
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i don't demonize corporations per se though. i do believe that is a real sense in which republican principles should be more attractive to businesses and corporations, but i don't find corporations to really be necessarily conservative or republican in nature or practice. They will peddle whatever sells. that includes ideology, ideas, and imagery. of any sort. They are opportunistic. even in their donations, as this piece argues or points out. and will take anything from the gov't that helps, try to fight and dodge whatever gov't regulation hurts, and sell whatever sells. if they are founded upon upon ideological principles and aspirations, then that too may come in conservative or liberal forms. I think corporations have to be conservative because their fiduciary obligations don't ( or I argue shouldn't) allow them to be liberal. They are running the company in the interest of its shareholders, debtors, and stakeholders. Going green is now at the point where it's no longer 'liberal'. Companies can save energy and produce positive images of their companies by going green. But the government should not subsidize the push for alternative energy. Let the market do it. It can do it much more effectively and profitably to produce tax revenue not more subsidies of private profits. [Edited 9/27/08 17:13pm] Meanwhile, civic knowledge is enhanced by discussing public affairs, taking part in civic activities and reading about current events and history, the group said.
Which is why we have P & R! |
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