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Sun Oct 21, 2012, 12:52 PM

Walmart donates to Obama?

Am I reading this right?

LINK


The super PAC backing President Obama raised $15 million last month, including $1 million from Sam Walton, the chairman of Wal-Mart, a traditional Republican-leaning organization.


Cognitive dissonance is kicking in here...

13 replies, 2045 views

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Arrow 13 replies Author Time Post
Reply Walmart donates to Obama? (Original post)
SlipperySlope Oct 2012 OP
lsewpershad Oct 2012 #1
southernyankeebelle Oct 2012 #13
Panasonic Oct 2012 #2
SlipperySlope Oct 2012 #6
Tigress DEM Oct 2012 #11
Zorra Oct 2012 #3
Tigress DEM Oct 2012 #12
Tigress DEM Oct 2012 #4
SlipperySlope Oct 2012 #8
bluestateguy Oct 2012 #5
SlipperySlope Oct 2012 #7
HopeHoops Oct 2012 #9
NYC_SKP Oct 2012 #10

Response to SlipperySlope (Original post)

Sun Oct 21, 2012, 12:59 PM

1. Covering

their ass methink.

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Response to lsewpershad (Reply #1)

Sun Oct 21, 2012, 01:17 PM

13. You bet they are.

 

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Response to SlipperySlope (Original post)

Sun Oct 21, 2012, 01:00 PM

2. Sam Walton is alive?

 

I thought he was dead, like 15 years ago?

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Response to Panasonic (Reply #2)

Sun Oct 21, 2012, 01:05 PM

6. His son has the same name - current CEO

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Response to Panasonic (Reply #2)

Sun Oct 21, 2012, 01:12 PM

11. The ELDER passed on in 1992

Dead
Sam Walton

Field: Business

Info: Founder of the Wal-Mart chain of retail stores

Date of Birth: 03/29/1918
Date of Death: 04/05/1992
Age at Death: 74

Cause of Death:
Cancer

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Response to SlipperySlope (Original post)

Sun Oct 21, 2012, 01:02 PM

3. It's simply an attempt to buy influence.

The 1% has enough money to play on both sides of the fence.

It's just smart business.




This is from back in June, 2012:

Walmart Cuts Funds to Conservative Group, Cash Flow to GOP Continues

But while Americaís largest retailer is publically backing away from this conservative cause, Wal-Martís owners are still pumping major money into conservative candidates.

The Walton family, which owns Walmart, has already donated $624,100 to Republican candidates and Super PACs this cycle, according to disclosure data analyzed by the Center for Responsive Politics. Ninety percent of those donations went to support GOP presidential candidates.

Jim Walton, the son of Walmart founder Sam Walton and the eighth richest man in America according to Forbes, initially put his money behind Jon Huntsman. The billionaire gave $2,500 to Huntsmanís campaign and $100,000 to Our Destiny PAC, which supported Huntsman. But after Huntsmanís campaign floundered, Walton switched his support to Romney, dumping $200,000 into the pro-Romney Super PAC Restore Our Future and another $2,500 into the Romney campaign.

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Response to Zorra (Reply #3)

Sun Oct 21, 2012, 01:13 PM

12. Also shows ROBME IS VERY unpopular.

I think it's a protest donation... as in AGAINST their newest nitwit candidate.

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Response to SlipperySlope (Original post)

Sun Oct 21, 2012, 01:03 PM

4. I think it's a way for them to get on "blue" lists so people get confused. They donate to both.

http://www.opensecrets.org/orgs/summary.php?id=D000000367

SOME of their money may be employee donations. Someone having to work at Wal-Mart would be a likely DEM.

ALSO - Sam Walton has SAM'S Club which is a separate business ... I'll check their numbers AND as an INDIVIDUAL he can donate as well.

CONTRIBUTIONS
$2,510,420
ranks 74 of 19,644

Total contributions to PACs, parties and outside spending groups: $1,360,354
Total contributions to candidates: $1,150,066

Top Candidate Recipients, 2011-2012
Barack Obama (D) $36,487
Steve Womack (R-AR) $33,950
Mitt Romney (R) $31,725
Ben Quayle (R-AZ) $11,000
John Barrow (D-GA) $10,500


THEY ACTUALLY SPEND MORE ON LOBBYING:

$3,000,000 (2012)
$7,840,000 (2011)

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Response to Tigress DEM (Reply #4)

Sun Oct 21, 2012, 01:06 PM

8. Now *that* makes sense

Wanting to get on "blue" lists.

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Response to SlipperySlope (Original post)

Sun Oct 21, 2012, 01:03 PM

5. He's been dead for 20 years

Maybe one of his sons or grandsons?

As much as I hate to say this, that donation would seem to close of any chance of Obama fighting for EFCA if he gets a second term .

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Response to bluestateguy (Reply #5)

Sun Oct 21, 2012, 01:06 PM

7. His son has the same name - current CEO

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Response to SlipperySlope (Original post)

Sun Oct 21, 2012, 01:11 PM

9. Simple explanation...

 

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Response to SlipperySlope (Original post)

Sun Oct 21, 2012, 01:12 PM

10. I'll be they also contributed to Mitt, and probably more. nt

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