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still_one

(92,204 posts)
Thu Jul 26, 2012, 01:08 AM Jul 2012

General 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

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General Motors Donates To Politicians Who Voted Against Auto Industry Bailout (Original Post) still_one Jul 2012 OP
GM and Chrysler wanted to go bankrupt - so they could get out of their employee pension plans! TheDebbieDee Jul 2012 #1
F GM. Kalidurga Jul 2012 #2
*facepalm* sakabatou Jul 2012 #3
That's fucked up! gopiscrap Jul 2012 #4
"No good deed goes unpunished" apparently. :-( nt Raine Jul 2012 #5
What the hell? Laurian Jul 2012 #6
And I should buy a GM product now....why? Tsiyu Jul 2012 #7
 

TheDebbieDee

(11,119 posts)
1. GM and Chrysler wanted to go bankrupt - so they could get out of their employee pension plans!
Thu Jul 26, 2012, 01:12 AM
Jul 2012

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)
2. F GM.
Thu Jul 26, 2012, 01:14 AM
Jul 2012

Next time they are in trouble let them go bankrupt and never come back. Then buy out the company and give people jobs.

Laurian

(2,593 posts)
6. What the hell?
Thu Jul 26, 2012, 07:56 AM
Jul 2012

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)
7. And I should buy a GM product now....why?
Thu Jul 26, 2012, 09:51 AM
Jul 2012

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.



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