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From
Club Member Nancy Casey
More
info on corporate donations
For
my more politically inspired friends: A good buddy sent this to
me. It's a really well organized new website that distills a lot
of research around which companies/corporations contributed to which
presidential campaign.
http://www.choosetheblue.com/main.php
It takes a while to go thru all of this. I did it yesterday. Here's
a
distillation of my own analysis and some interesting observations:
Here is some interesting observations: Every oil company listed
donated big bucks to the Red campaign except one. The exception
was the only non-US-owned oil company---namely Dutch-owned Shell.
Ditto for car manufacturers except for one---namely Japanese owned
Toyota.
The airlines industry donated far more heavily for the Red campaign
than it did for the Blue campaign. Very odd considering how little
support they have gotten from the current administration.
Very surprising that 2 bankrupt airlines donated heavily to any
campaign let alone to the Red campaign---namely US Air and United
to the tune of ~$270,000 combined. You have to wonder if their bankruptcy
judge knows.
Another surprise: For those of us who live in California: PG&E
(yep, the bankrupt utility) donated $280,000 with 69% of that going
to the Red campaign. How does a bankrupt company get away with that?
Does the bankruptcy judge know? I'm guessing he's a Red too.
Of the major hotel chains, only one donated heavily to the Blue
campaign: namely Hyatt.
All of the car rental majors donated primarily for the Red campaign.
Computer hardware manufacturers preferred the Blue campaign with
2 major exceptions: Dell and Intel which donated very heavily for
the Red campaign.
Companies working in the Internet space were kind of evenly split
except for EDS, Unisys, and Siebel who donated big bucks to the
Red campaign.
Microsoft, CNET and HP did the same except they did so for the Blue
campaign.
Generally, computer software manufacturers favored the Blue campaign.
Microsoft led the pack with over $2.7 million in donations 60% of
which went to the Blue campaign.
When it comes to media, cable providers were somewhat evenly split.
Surprise: Fox cable heavily supported the Blue campaign. The TV
networks were interesting. ABC, CBS, FOX, UPN donated huge bucks
for the Blue campaign. Yep, I did say FOX. NBC donated very heavily
for the Red campaign as did Bravo.
There were a very large number of banks donating predominantly for
the Red campaign. Check out the website to see what your bank did.
I was surprised what my banks did. Ditto for credit cards.
Food manufacturers heavily favored the Blue campaign including even
the Spam folks.
Grocery stores overwhelmingly went Red. Interesting exceptions were:
Costco, Whole Foods, Starbucks (never thought of them as into groceries),
and Trader Joes.
The HUGE household products category went overwhelmingly for the
Red campaign. Check it out to see how the folks who make your household
products donated.
The meat and poultry industry went Red more than any other sector.
So did the tobacco industry. I guess that's no surprise.
Retailers was an interesting category. The trendy companies supported
the Blue campaign. The long-standing major retailers went for the
Red campaign. Walmart (Sam's Club) donated $2 million with 80% of
that going to the Red campaign.
Think of a major fast food chain and likely it supported the Red
campaign. Notable exceptions were Starbucks and Arby's. McDonald's
and Wendy's donated ~$540,000 between them with ~85% of that figure
going to the Red campaign.
Virtually every major restaurant chain that donated did so heavily
for the Red campaign. Only one exception: Hard Rock Café.
Final observations: I am absolutely blown away by how much money
companies donate to political campaigns. I knew it was a lot. But,
I had no idea just how big of an impact they have. You have to wonder
what their Red and Blue stockholders would think of this if only
they knew. Our politicians are bought and paid for.
I am amazed just how skewed the corporate donations were for the
Red campaign this year considering the state of the economy and
a whole lot of other factors.
With this information, you have an opportunity to influence these
companies with your future purchases and letters
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