With just over two years till the presidential elections, economic expansion and a strong job market is critical to Obama and the Democrats. Republicans are promising they will work for economic improvement if elected in the midterm. But is there any real incentive for them to do so? It would seem that they have reason to do the opposite. It is Obama, not congress that will be held responsible if in 2 years we have high unemployment.
To paraphrase Nancy Reagan....Republicans are Doing what they can.
Why do you think Republicans are so-AGAINST unemployment-insurance extensions?
If they can force people to take entry-level jobs (at much-lower-wages)....rather-than the wages/jobs they'd worked-their-entire-lives to attain....corporate-America would LOVE Republicans' efforts (and, dispense with the appropriate campaign-donation$, shortly-after!!!).
Democrats Rake In Record Donations From Corporations
During his State of the Union address, President Obama decried the potential for a crush of corporate money – even foreign money – to enter the American political system in the aftermath of the recent landmark Supreme Court ruling that alters who can contribute to candidates.
President Barack Obama delivers his first State of the Union address on Capitol Hill in Washington, in this Jan. 27, 2010 file photo.
(Tim Sloan/Pool /Reuters)
But tax forms recently made public show that Democrats have not been immune from collecting corporate funds to help its politicians gain an electoral edge. The Democratic Governors Association vacuumed up $11.6 million in contributions -- mostly from corporations and unions -- during the second half of 2009.
For the year, DGA raised $23.1 million, a record.
The contributors included hefty checks from nearly every top lobbying firm in Washington, and from such multi-national giants as Exxon Mobil, which pitched in $50,000. The DGA even accepted funds from the American subsidiaries of companies with foreign ownership. More than $25,000, for instance, came from Diagio, the giant European liquor producer that makes Guiness, Smirnoff, Johnnie Walker and other major brands, which is based in London.
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Republicans used a parallel organization, known as the Republican Governor's Association, to bring in nearly $18 million, also largely from corporate donors, most notably large banks and health insurance companies. The GOP also got a boost from wealthy individual givers, including Texas home-builder Bob Perry, a veteran of the 2004 Swift Boat ad campaign that targeted Democratic presidential hopeful John F. Kerry, who gave $2 million, and the celebrity mogul Donald Trump, who gave $75,000. For the year, the RGA pulled in $30 million -- like the Democratic figure, a record.
The governors associations were established to help the parties get their candidates elected across the country. Because they don't invest in federal candidates they were never subject to the ban on corporate and union contributions that the Supreme Court tossed out last month. They organize under section 527 of the tax code, and are therefore required to disclose the identities of their donors.
Democrats Rake In Record Donations From Corporations - ABC News
That's right your hopey changey Obama and his Democrat demagogues is fed through a straw by corporations and get more money from Corporations than the Republican Pary does. Stop spreading the BS that the Republicans are pro-corporate while you get fed through a straw by the very same corporations you claim to despise. Also known as
BITING THE HAND THAT FEEDS YOU.
