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Corporate Donations are Now Favoring the Democrats

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Timothy Gatto
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9 Morgan Stanley $923,850   62% Dem   38%GOP   Leans Democratic

10 Machinists/Aerospace Workers Unionv $904,000   97% Dem   3%GOP  Solidly Democratic

 

Take out the Unions and the Democratic Organizations and we are left with what else, the bankers. Surprised, don’t be, they were the largest donors to the Republicans for the last 16 years. As Bob Dylan sang; “You just want to be on the side that’s winning”. The fact is, Goldman Sachs has been the largest political contributor to political races in history. The rankings from 11-20 are Lehman Brothers, Merrill Lynch, General Electric, Comcast Corp, Akin, Gump et al, American Bankers Assn, Air Line Pilots Assn, Ernst & Young, American Federation of St/County/Municipal Employees, American Assn for Justice. Of these, only The American Bankers Assn, and Ernst & Young give more money to the GOP. Merrill Lynch is hedging their bet with an even number to both.

So what does all of this mean to the average American? Well to begin with, it means that your paltry contribution means squat. If your credit card debt and the spine-numbing late fees and fines are driving you to bankruptcy, don’t expect anyone to be in your corner. In fact every corner that every American owns has no supporters in it, save family and friends.

Let’s look at who the corporate guys are supporting these people in their campaign bid. These are the top ten in the House of Representatives:

Rangel, Charles B (D) $2,089,597 Democratic member of the powerful Ways and Means Committee

Hoyer, Steny H (D) $1,514,912 House Majority Leader in the 110th Congress

Gillibrand, Kirsten E (D) $1,393,205 House Armed Services Committee

Clyburn, James E (D) $1,292,435  House Committee on Appropriations

Pelosi, Nancy (D) $1,290,490  Speaker of the House

Kirk, Mark (R)  $1,270,405 House Appropriations Committee

Tsongas, Niki (D)  $1,266,974   New to Federal Elective Seat.

Klein, Ron (D)    $1,264,593     House Committee on Foreign Affairs and the House Committee on Financial Services.

Boehner, John (R) $1,182,683   House Committee on Education and the Workforce, House GOP Leader

Murphy, Patrick J. (D) $1,127,818 House Armed Services Committee

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Tim Gatto is Ret. US Army and has been writing against the Duopoly for the last decade. He has two books on Amazon, Kimchee Days or Stoned Colds Warriors and Complicity to Contempt.

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