Top Recipients of AIG Campaign Donations from 1989-2008

Interesting….

Top 5 Politicians Receiving AIG Donations 1989-2008

Name Total Contributions
Dodd, Chris (D-Conn) $281,038
Bush, George W (R-Texas) $200,560
Schumer, Charles E (D-NY) $111,875
Obama, Barack (D-Ill) $110,332
McCain, John (R-Ariz) $99,249

The numbers speak for themselves. It is not surprising to hear that Senator Dodd was responsible for putting in an amendment in the stimulus bill leaving the door open for the AIG Exec bonuses….

http://www.opensecrets.org/orgs/recips.php?id=D000000123&type=P&state=&sort=A&cycle=A

This is why I believe in the Green Party which is the only party that does not accept corporate money. The implicit quid quo pro between politicians and corporations is pretty insulting and outrageous.

Please take the time to make a donation to a Green Party candidate today or to the Green Party of the United States.

You can be assured that the Greens can’t be sold to the highest bidder.

  1. This is a great post and right on target!

    I do think greens and green candidates should always remember to note that green candidates do not take corporate contributions. It is one of the party’s best strengths. And, it truly sets us apart from many of our closer competitors/allies.

    The disclaimer about corporations can never be mentioned too much on candidate literature, web-sites, and on donation forms. It really matters.

    Also, with Schumer’s “take”, I am nearly ashamed to say I live in New York. Though, I can promise I have never voted for Schumer for Senator!!!

  2. Eric Prindle says:

    Greens need to explain what they mean when they say we are “the only party that does not accept corporate money.”

    At the federal level, and in many states, it is illegal for corporations to donate directly to candidates. The information on opensecrets.org is based primarily on the reported employers of individual contributors and secondarily on the corporate affiliation of PACs.

    This information is useful for correlative purposes, since the wealthiest employees of corporations tend to be their executives, who tend to donate in order to gain influence for their corporations. However, it cannot be used to draw a sharp line between candidates who “accept corporate money” and those who don’t.

    I currently work for a major multinational corporation. If I were to give a reportable donation to a Green candidate, that donation would appear on opensecrets.org under the name of my employer.

    For Democratic candidates nationally and in California, the #1 contributor listed on opensecrets.org is more often than not the University of California, a massive employer with many highly paid, politically active employees who tend to favor Democrats.

    Accepting private campaign contributions is 1) a virtual necessity if one is going to compete in an election in most jurisdictions and 2) a perversion of democracy in favor of those with money to spend (whether they are individuals or groups of individuals organized into corporations). This tension cannot be resolved by repeatedly asserting that a particular party is free of “corporate” influence.

  3. Interesting comments above. And, some things to think about.

    Though, there is part of it that is simple.

    No Green Party candidate will accept a direct check from a corporation. That is much different than accepting a check from a person who works for a corporation. (Regardless of what a report says. There is a difference in point of fact.)

    When I was the Treasurer at the beginning of the Malachy for Governor campaign, I had to send back a check, because it was written from a corporation. It is that simple. Greens accept donations from human beings. Greens do not accept money from “corporations” or “businesses”.

    There is some nuance with PACs. Some greens think it is okay to accept money from a specific Green Party PAC. Some think it is okay to accept money from any clearly defined PAC. And, some think we should accept from nothing organized like a PAC.

    But, the “no corporations” rule is clear.

    Also, the above comment is suggesting that the federal level, greens are no better than others because: ” At the federal level, and in many states, it is illegal for corporations to donate directly to candidates. ”

    But…the Green Party is still different, because since we do not take it at the local level, or state levels where allowed, we are not building the foundation of our party around corporate contributions like other parties are. Also, the Green Party itself will not accept funds from corporations. But, the major parties do. If not directly all the time (which I think is the case), then certainly the major parties get funded by corporations when they take money for their extravagant conventions. (As noted by Amy Goodman on Democracy Now!)

  4. Gray Newman says:

    I don’t believe any candidate, no matter the party can take money from corporations or businesses, at least in NC it is that way. we have some of the toughest political finance laws in the country due to a scandal several years ago involving the speaker of our state house.

    PACs are a different beast. Candidates and state and local party’s may take PAC money according to our state law.

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