Monday, April 27, 2009

Obama's Price

To Obama Campaign, Payments 2008
1University of California$1,481,065

2Goldman Sachs$1,037,395

3Harvard University$848,270

4Microsoft Corp$809,799

5Google Inc$796,564

6JPMorgan Chase & Co$703,358

7Citigroup Inc$681,618

8Sidley Austin LLP$604,938

9University of Chicago$601,589

10Stanford University$586,204

11Skadden, Arps et al$564,345

12Time Warner$544,601

13UBS AG$537,469

14Wilmerhale Llp$526,992

15IBM Corp$525,857

16Columbia University$517,399

17Morgan Stanley$513,623

18National Amusements Inc$506,751

19Kirkland & Ellis$501,335

20US Government$483,956


To Obama Campaign, Payments 2006
1University of Chicago$156,054

2Kirkland & Ellis$143,138

3Henry Crown & Co$79,500

4Sonnenschein, Nath & Rosenthal$74,950

5Northwestern University$72,930

6Exelon Corp$71,850

7Sidley, Austin et al$71,432

8Mayer Brown$69,960

9Jenner & Block$62,710

10Soros Fund Management$61,605

11Goldman Sachs$61,500

12Clifford Law Offices$59,550

13Simmons Cooper LLC$58,500

14Tejas Securities$57,250

15JP Morgan Chase & Co$56,600

16Ariel Capital Management$55,650

17Skadden, Arps et al$54,071

18Winston & Strawn$52,450

19Piper Rudnick LLP$45,600

20Holland Capital Management$43,350


Total Political Payoffs
(Dollars, To Dem%, To Rep%)
1

AT&T Inc

$40,838,395

44%

55%


2

American Fedn of State, County & Municipal Employees

$40,690,630

98%

1%


3

National Assn of Realtors

$34,635,003

48%

51%


4

Goldman Sachs

$30,878,682

63%

35%


5

American Assn for Justice (Trial Lawyers of America)

$30,103,429

90%

9%


6

Intl Brotherhood of Electrical Workers

$29,684,341

97%

2%


7

National Education Assn

$29,624,876

93%

6%


8

Laborers Union

$27,797,489

91%

7%


9

Service Employees International Union

$27,363,922

95%

3%


10

Carpenters & Joiners Union$26,789,808

89%

9%



Note:
AIG TOTAL $9,342,839

50% 50%

4 comments:

  1. sigh, thats an amazing lost of money for share holders

    ReplyDelete
  2. How so. Think of it in terms of the favors they reap.. not the small amount they spent. fwiw. Just saying.

    ReplyDelete
  3. Exactly....What an amazing return they received for such relatively small contributions. For example, compare AIG's $9 million payoff to what they've reaped...measure three ways:

    1) $180 billion bailout (just the explicit part and just to date). That's 20,000 times their "investment".

    2) Heck the $9 million pales in comparison to just the bonues they've paid SINCE the bailout.

    3) The company still has a market cap of $3.75 billion. It should have been $0 a long time ago. That's 416 times their "investment."

    ReplyDelete
  4. The contributions aren't what they're getting the return on.

    The influence of these corporations isn't from their contributions -- that's just a smokescreen, an illusion meant to make the population believe that all the candidates need is monetary in order to have a reasonable chance of winning. It's an illusion meant to make the system appear uncontrolled.

    No, the real influence is the interconnection between the people who sit on the boards of the various corporations and who otherwise pull the strings from behind the scenes. And in particular, their control over those corporations that own the media.

    Any candidate who isn't favorable in the eyes of those people either never sees any media exposure at all or, if they are already sufficiently well known, never sees any favorable media exposure.

    This works because very few people would ever vote for someone their primary source of information (the media) hints is a bad candidate, and even fewer would vote for someone they've never heard of.

    As long as the mass media retains its control over the "information" the people use to make decisions with, the system as it is will remain in place, and candidates who really have the interests of the people at heart will have little chance of running and almost no chance of winning.

    ReplyDelete

The USA's political-economc system is best described as:

On Nov 2, 2010, I plan to vote (FOR or AGAINST) my incumbent congressman

 
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