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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGeneral Motors Donates To Politicians Who Voted Against Auto Industry Bailout
"Members of Congress who voted against the auto bailout are getting campaign money from an unlikely source -- General Motors, the biggest recipient of auto bailout money.
GM's political action committee has donated $43,000 to House members who voted against the bailout in 2008, according to OpenSecrets.org. That's roughly the same amount it's given to House members who voted in favor of the bill.
The automaker apparently isn't holding any grudges against lawmakers who opposed the bailout. Instead it's focusing on where their donation dollars could benefit it most in the future. Although its overall campaign donations may seem paltry compared to the millions of dollars some political action groups are funneling into the presidential election, campaign finance tracker OpenSecrets.org says General Motors is one of the top 150 corporate donors since 1989, consistently donating to the campaigns of politicians who may support the company's legislative agenda.
Sheila Krumholz, executive director of the Center for Responsive Politics, the group that runs OpenSecrets.org, told The Huffington Post many business PACs focus on supporting candidates who will help them in the future and spend less time worrying about whether or not a candidate has helped them in the past."
http://www.huffingtonpost.com/2012/07/25/general-motors-political-donations_n_1699638.html
I am sorry, but this is a bunch of bullshit. A political party wanted to destroy GM and the American auto industry, and these jerks still send political contributions to them
I wonder if these were the same wonder-boys that brought GM to its knees
TheDebbieDee
(11,119 posts)The bailout meant that they had to live up to their agreement with the UAW and their employees.
Edited because spelling still counts...........
Kalidurga
(14,177 posts)Next time they are in trouble let them go bankrupt and never come back. Then buy out the company and give people jobs.
sakabatou
(42,152 posts)gopiscrap
(23,761 posts)Raine
(30,540 posts)Laurian
(2,593 posts)Executives putting self interest above the interests of the company and it's employees. Personal greed seems to be the motivating factor in all things these days.
Tsiyu
(18,186 posts)No thanks.
If GM CEOs are this self-involved, after letting us bail them out, fuck a bunch of GM.
This just galls me.
They take Americans' money, then turn around and say "Nanny Nanny Boo Boo! Got you Suckers!"
American corporations like GM are just plain wrong for America.