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Thread: Donating for dollars? Many bailed-out banks still contributing to campaign funds

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    Re: Donating for dollars? Many bailed-out banks still contributing to campaign funds

    Quote Originally Posted by TOJ View Post
    I thought I must be missing something also. The OP and some of the other posters were going completely bonkers over it with statements like 'it's OUR goddamn money' and 'Corporations shouldn't be allowed to contribute to political campaigns in the first place'.

    A corporation cannot donate to political campaigns and if they set up a PAC, the only thing they can use corporate funds for is to cover expenses. They can only contribute funds to political campaigns that have been collected from individuals and they cannot reimburse those individuals. Our legal and financial people have been absloutely anal about this.

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    I don't mind corporations contributing money to campaigns, as long as it is THEIR money, and not MY money.
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    Re: Donating for dollars? Many bailed-out banks still contributing to campaign funds

    Quote Originally Posted by danarhea View Post
    I don't mind corporations contributing money to campaigns, as long as it is THEIR money, and not MY money.
    I think TOJ's point was that it wasn't your money that was donated.

    I'm not familiar with the operating procedures of corporate PAC's personally and your article doesn't explicitly say bailout money was used for the donations. Perhaps the operating expenses of running a PAC is as offensive/immoral as the actual donations to you?

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    Re: Donating for dollars? Many bailed-out banks still contributing to campaign funds

    Quote Originally Posted by danarhea View Post
    This is reprehensible. Many banks who received bailout money are using some of those funds to give to political campaigns, both Democratic and Republican. This started with the Bush bailout, and continues with the Obama bailout. No matter which side of the aisle you are on, you should be really, really pissed that OUR money (yes, that's right, it's OUR goddamn money) is being given away to corporate welfare programs, and those receive the corporate welfare are kicking back money to those who sponsored this giveaway.

    Article is here.


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    Re: Donating for dollars? Many bailed-out banks still contributing to campaign funds

    Quote Originally Posted by danarhea View Post
    I don't mind corporations contributing money to campaigns, as long as it is THEIR money, and not MY money.
    So you are claiming the money individuals donated out of their own pocket is yours. Do you think everyone that works for a corporation that received Government money should have all their money confiscated?

    You sound like President Teleprompter and the dumbasses in congress.

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    Re: Donating for dollars? Many bailed-out banks still contributing to campaign funds

    Quote Originally Posted by TOJ View Post
    So you are claiming the money individuals donated out of their own pocket is yours. Do you think everyone that works for a corporation that received Government money should have all their money confiscated?

    You sound like President Teleprompter and the dumbasses in congress.

    .
    They took bailout money. That is MY money. Not THEIRS.
    The ghost of Jack Kevorkian for President's Physician: 2016

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    Re: Donating for dollars? Many bailed-out banks still contributing to campaign funds

    Quote Originally Posted by cascadian View Post
    I think TOJ's point was that it wasn't your money that was donated.

    I'm not familiar with the operating procedures of corporate PAC's personally and your article doesn't explicitly say bailout money was used for the donations. Perhaps the operating expenses of running a PAC is as offensive/immoral as the actual donations to you?
    If that is the case, someone needs to find go find themself a blanky. Operating expenses for PACs are trivial, at least in the ones with which I am familar.

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    Re: Donating for dollars? Many bailed-out banks still contributing to campaign funds

    Quote Originally Posted by danarhea View Post
    They took bailout money. That is MY money. Not THEIRS.
    The point is, the PAC did not take your money. Its not a hard concept, at least to most people.

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    Re: Donating for dollars? Many bailed-out banks still contributing to campaign funds

    Quote Originally Posted by TOJ View Post
    The point is, the PAC did not take your money. Its not a hard concept, at least to most people.
    And where did the PAC get its money from? Hmmmmm? You are right. It's not hard to figure out.
    The ghost of Jack Kevorkian for President's Physician: 2016

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    Re: Donating for dollars? Many bailed-out banks still contributing to campaign funds

    Quote Originally Posted by danarhea View Post
    And where did the PAC get its money from? Hmmmmm? You are right. It's not hard to figure out.
    Not from Corporations. They get it from the donations of individual people.

    Apparently it is too hard for some people.


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    Re: Donating for dollars? Many bailed-out banks still contributing to campaign funds

    Quote Originally Posted by danarhea View Post
    And where did the PAC get its money from? Hmmmmm? You are right. It's not hard to figure out.
    From private citizens.

    Should no person working at any auto company ever be allowed to donate to a political cause because some part of their salary was paid with government money?

    I'll do you one better - no person who has ever derived any of their income from a government contract can ever donate to any cause - ever.

    Sound good?
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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