Thu Oct 18, 2012, 10:02 AM
TomCADem (6,371 posts)
Corporations, Super PAC Donors Funded Republican National Convention In Tampa
Source: Huffington Post
WASHINGTON -- The Republican National Convention in Tampa, where former Massachusetts Gov. Mitt Romney accepted the presidential nomination of the Republican Party, was funded by a collection of corporations and mega-donors instrumental in funding super PACs and "dark money" non-profits to help put Romney in the White House.
The convention committee raised a total of $55 million for the four-day long proceedings, according to a report filed on Wednesday. Corporations accounted for the majority of that with $32.6 million in direct contributions. Wealthy individuals, including some of most well-known super PAC and "dark money" non-profit donors, contributed $13 million. In-kind contributions by corporations accounted for the other $10 million.
The top corporate donor was Marketing Solution Publications, a Florida-based business run by financier William Edwards, with $4 million in contributions. Of the more than $3 million given by AT&T half came from direct contributions. The American Petroleum Institute, the top lobby shop for the oil and gas industry, gave more than $2 million. Half of Microsoft's $1.5 million came from direct contributions. Bank of America and Florida Power & Light each donated $1 million in direct contributions.
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The single biggest donor to the convention was not, however, a corporation. It was instead the single biggest known donor to outside efforts to elect Romney president, Las Vegas casino billionaire Sheldon Adelson, who has reportedly contributed at least $71 million to super PACs and non-profits that do not disclose their donors. Adelson, the twelfth richest man in America, chipped in $5 million to the convention committee that organized and planned the four-day proceedings.
Read more: http://www.huffingtonpost.com/2012/10/18/republican-national-convention-corporations-super-pac_n_1976632.html
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Corporations, Super PAC Donors Funded Republican National Convention In Tampa (Original post)
Response to TomCADem (Original post)
Thu Oct 18, 2012, 10:54 AM
LaPera (6,455 posts)
3. What a waste of money that was-That Republican puke fest influnced no one-Lies Boring & Laughable!
Last edited Thu Oct 18, 2012, 10:56 AM USA/ET - Edit history (1)