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Obama wins union money vote (PAC donations 89.3 percent were from unions) [View All]

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Home » Discuss » Topic Forums » Labor Donate to DU
Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-31-08 09:28 PM
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Obama wins union money vote (PAC donations 89.3 percent were from unions)
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219.933.3326 | Sunday, August 31, 2008

Labor union's have lavished big bucks on the presidential campaign of Barack Obama since January of 2007 and only a piddling amount on the campaign of presumptive Republican nominee John McCain.

On the eve of Labor Day, a Times analysis of Federal Election Commission data shows Obama scooped up $8.1 million from union political action committees through July 2008 while McCain garnered just $54,100 from organized labor and employee PACs so far in this presidential election cycle.

The all-or-nothing bet unions are placing on Obama repeats the strategy of heavily backing Democratic candidate John Kerry in the 2004 election.

"There is that huge split because there is a huge split in what Obama and McCain represent," said Tom Balanoff, President of Chicago-based Service Employees Union Local 1. "Barack Obama understands the needs of working families."

During and immediately after the primary season, SEIU political action committees were by far the largest organizational contributors to the Obama campaign, dropping a combined $7.26 million in his campaign war chest.

Of all the political action committee donations made to the Obama campaign, 89.3 percent were from unions. Of all the political action committee donations made to the McCain campaign, just 2.9 percent came from unions and employee PACs.

FULL story at link.

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