Laptop Battery It's an old story: He (or she) who pays the piper calls the
tune. Influence peddling has long been accepted practice in US
politics, and indeed in many countries around the world. In the
United States corporate campaign donations and policy paybacks have
reached unprecedented proportions.
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Thinkpad George W. Bush raised a $193,088,650 war chest, more money than
any presidential candidate in US history, according to the Center
for Responsive Politics. Al Gore came in second in the record
donations, raising $132,900,252, more than any Democratic
presidential candidate in history.
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Microsoft And that doesn't include "soft money" contributions to the
candidates. In this category the Democrats, traditionally the
recipients of less largesse, raised more than the Republicans in
the year 2000.
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Laptop Computers The vast majority of campaign mega-donations are, not
surprisingly, from corporations, many of which give to both parties
to assure access to the halls of power. Most of the wealthy
individuals who give mega-bucks to the candidates are CEOs and
corporate board members.
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Laptop Computer Al Gore got most of his money from the telecommunications
industry, which gave $10 million to his campaign and the Democratic
party during the 2000 elections. Phone companies saw little
regulation during the Clinton/Gore years and apparently were hoping
that would continue as they expand into broadband and other
communication technology.
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Desktop Computer President Bush is beholden to the energy industry, which has
backed him since the beginning of his career as Governor of Texas.
Natural gas giant Enron, and its CEO Kenneth Lay, are among the
largest contributors. Never mind that Enron has been complicit in
human rights and environmental violations from India to Nigeria to
Argentina to the company's home base in Houston, Texas. Bush has
backed numerous policies favorable to Enron, including rolling back
environmental regulations in Texas while he was governor.
Notebooks Now, corporate lobbyists seeking payback from the Presidential
election are poised to shape the legislative agenda and influence
policy in Washington on a wide variety of issues including: opening
Alaska's pristine Arctic Refuge to oil exploration; allowing
unbridled carbon dioxide emissions to continue; overturning new
ergonomic standards in the workplace; bolstering managed health
care; beefing up defense spending; helping credit card companies
tighten the noose on bankrupt people; undermining airline
employees' rights to strike; and, of course, subverting a
substantive campaign finance reform package.
Lenovo Our coverage of corporate money and politics began with the 2000
presidential race in the US. But it doesn't end there. We will keep
close tabs on the Bush administration and its corporate backers.
We'll look at how these same companies buy their way into their
overseas operations, as well as influence peddling by Japanese and
European companies. And we'll keep you informed about campaign
finance reform initiatives -- the real ones and the window
dressing. Check back for periodic updates.
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