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Old 10-27-2012, 08:15 PM   #2
BigV
Goon Squad Leader
 
Join Date: Nov 2004
Location: Seattle
Posts: 27,063
regarding secret money

Quote:
Originally Posted by Adak View Post
Both candidates have secret money behind them. You know those "Obama mobile phones" that are going out to Obama supporters?

Those were financed by Carlos Slim - who's the worlds richest man, and not even an American.

So no, Romney's money sources don't bother me any more than Obama's.

To be honest, these big $$$ men, REALLY like having some association with those in the White House. Even if it's just to visit and share a drink, maybe a dinner, and a chat with the President - they LOVE it. It gives them a great deal of pleasure.

But the President has constraints. He can't cater to their needs too much, even if he wanted to, because he's such a major figure that everything he does is watched and reported (nowadays).
Yes, both do have secret money in their campaign. That is troubling. Both have foreign money supporting them, also troubling and illegal to boot. But the relative amounts are not balanced, much, much more untraceable money is being devoted to Romney's campaign. They're both wrong, but Romney's got a huge lead on this score.

Cite.

Quote:
Most of the foreign-connected PACs put their money on Republicans. They sent $7.5 million to Republicans and $5.3 million to Democrats. This diverges sharply with a recent Gallup International poll, which found that the world favors Obama by 81 percent.

The local subsidiary of Singapore’s largest container shipping company, Neptune Orient, gave $6,000 to Democrats and $29,000 to Republicans. An exception is Japan’s Sony Entertainment, which gave $98,000 to Democrats and $72,000 to Republicans.

Few of the foreign-connected, corporate PACs made direct donations to Mitt Romney (Obama does not accept PAC money). However, another potential route for corporations to influence elections is to encourage their US employees and their relatives to do so. Credit Suisse, the financial giant, gave zero to Romney through its US corporate PAC. But the company’s employees and relatives gave $554,000 to Romney through hundreds of small donations. Credit Suisse employees gave $38,500 to Obama, according to data analyzed by the Center for Responsive Politics.
Cite.
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Last edited by BigV; 10-27-2012 at 08:24 PM.
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