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| subject: | Re: Bush goes On Sale |
Scipio wrote: > [Bush is apparently going in for mexican-style corruption now (the > Lite version). "...hotels and casinos seeking an influx of immigrant > labor are among the 44 interests that have each given $250,000 and the > 66 that have donated $100,000 to $225,000. And the money keeps pouring > in."] > > http://www.washingtonpost.com/wp-dyn/articles/A5058-2005Jan12.html > > Big-Money Contributors Line Up for Inauguration > > By Thomas B. Edsall and Jeffrey H. Birnbaum > Washington Post Staff Writers > Thursday, January 13, 2005; Page A01 > > President Bush wants to lower barriers to building nuclear power > plants, and the lobby that promotes nuclear energy could not be > happier. To show its thanks, the group has given $100,000 to help pay > for his inauguration. > > "He's a big supporter," said John E. Kane, chief lobbyist for the > Nuclear Energy Institute. "Our donation is just a small way of > supporting him." > > The nuclear energy industry's contribution is part of a > record-breaking outpouring of corporate cash to next week's inaugural > festivities. At least 88 companies and trade associations, along with > 39 CEOs and top executives -- all with huge stakes in administration > policies -- already have donated $18 million toward a $40 million goal > for the country's 55th inaugural celebration. > > Wall Street investment firms seeking to profit from private Social > Security accounts; oil, gas and mining companies pushing the White > House to revive a stalled energy-subsidy bill; and hotels and casinos > seeking an influx of immigrant labor are among the 44 interests that > have each given $250,000 and the 66 that have donated $100,000 to > $225,000. And the money keeps pouring in. > > Practically all the major donors have benefited from Bush > administration policies, especially from corporate and individual tax > cuts, deregulation and the new prescription drug benefit that is part > of Medicare. Most also stand to boost profits further because of > Bush's second-term proposals, which include limiting medical > malpractice suits, creating private investment accounts as part of > Social Security and making a tax-code revision that is expected to > reduce taxes on investments. > > Many donors are corporations and executives that are regulated by the > federal government, dependent on government tax and spending policies, > or both. At least 16 donors are from the finance industry, 14 are from > the energy sector, six are real estate developers, and at least five > are from both the health and telecommunications industries. The > Washington Post Co. has pledged $100,000. > > In the era of campaign finance reform, such largesse is all but > forbidden. Federal law limits individual donations to $2,000 per > election and corporations cannot give from their own treasuries > directly to candidates or parties. But for the inauguration, the law > does not apply, and the administration has decided that private > interests may contribute as much as $250,000 each. That is a 150 > percent increase over the $100,000 maximum accepted during Bush's > first inauguration four years ago. > > An Inaugural Committee spokeswoman said the higher ceiling was needed > to meet its fundraising goal. The committee plans to raise $35 million > to $40 million to help defray the costs of the four-day celebration, > including fireworks, the swearing-in, a parade and nine balls. In > 2001, the committee raised $40 million. > > In 1993, President Clinton's inaugural committee spent $33 million, > raised primarily from souvenir and ticket sales, although there were > 13 donors who gave $100,000 apiece and one who gave $250,000. > > Critics see the high contribution limit as a vehicle for groups with > business before government to buy more access to the people who make > big-dollar federal decisions. > > "Donors are going to say it's civic participation that motivates them, > but they also use their contributions to buy access to lawmakers and > the administration," said Sheila Krumholz, research director of the > Center for Responsive Politics. "The advantage is enormous." > > "The donations give executives another chance to rub up to > politicians," agreed Bill Allison, managing editor at the Center for > Public Integrity, a nonpartisan watchdog group. > > For corporations in particular, the benefit is almost unique. With the > exception of the presidential nominating conventions, companies do not > have legal ways to give significant amounts of cash to assist > politicians. Even the now-ubiquitous independent groups, called 527s, > that bought millions of dollars of advertisements during the > presidential campaign have proved to be ill-suited to company > contributions. > > As a result, Krumholz said, "The Inaugural Committee provides > opportunities to corporations that are hampered by the 'soft money' > ban." Three years ago, Congress passed the McCain-Feingold law barring > companies from donating unlimited amounts of money -- also called soft > money -- to the political parties. > > The only restraint on giving is the voluntary $250,000 limit, but that > has been circumvented. In a few instances, both the parent company and > its subsidiaries have donated. Marriott International Inc. delivered > $250,000 to the committee, as did each of two units: Marriott Vacation > Club International and The Ritz-Carlton Hotel Company LLC. > > In addition, Ameriquest, a mortgage company specializing in financing > housing purchases in heavily minority neighborhoods, gave $250,000, > along with $500,000 from two subsidiaries, for a total of $750,000. > > Marriott and other hoteliers are pushing hard for the type of > liberalized immigration laws favored by the president to gain a larger > labor pool. Ameriquest and others in what is known as the sub-prime > mortgage industry are seeking legislation that would set national > standards preempting tougher laws in a number of states. > > Roland and Dawn Arnall of Los Angeles, the chairman and co-chairman, > respectively, of Ameriquest, and their companies are more than > contributors to the inauguration. They are also the single biggest > source of financial support for Bush since 2002. Over the period, they > gave and raised at least $12.25 million. > > Dawn Arnall gave $1 million to the Republican National Committee in > 2002 and $5 million to the pro-Bush 527 group called Progress for > America Voter Fund. She served as a co-chairman of the New York > Republican Convention Host Committee, with an obligation to raise at > least $5 million. > > Roland and Dawn Arnall were major fundraisers in 2004, earning the > title of "Ranger" for collecting at least $200,000 for the Bush-Cheney > ticket and "Super Ranger" for collecting at least $300,000 for the > RNC. Roland Arnall hosted a Bush-Cheney fundraiser at his home in > August 2004 that produced more than $1 million. Shortly after winning > reelection, Bush announced the appointment of the Arnalls as honorary > co-chairmen of the inaugural fundraising committee. > > A spokeswoman said that "the Arnalls do not grant interviews." > > Another $250,000 donor to the inauguration who played a major role in > the 2004 election is T. Boone Pickens, a Texas oilman and corporate > raider. He gave $2.5 million to the Swift Boat Veterans for Truth, > which attacked John F. Kerry's record in Vietnam, and $2.5 million to > the pro-GOP 527 organization Progress for America. > > Similarly, the $250,000 inaugural contribution of Alexander G. Spanos, > a real estate developer and owner of the National Football League's > San Diego Chargers, was a small fraction of the $5 million he gave to > Progress for America and the $1 million he gave to the New York City > Convention Host Committee, which helped to fund the Republicans' > presidential nominating convention last summer. > > Many of the inauguration's benefactors are veteran Republican and Bush > backers. Thirty-nine of the individual donors were in 2004 substantial > fundraisers for the Bush reelection campaign, the Republican National > Committee or both. Twenty-one entities or individuals also helped > underwrite the Republican National Convention. Nine inaugural > contributors funded one or more pro-Bush 527 organization. > > Donors offer a range of reasons for participating in the inauguration. > One is simply to get good, guaranteed seats and tickets. All donors of > $100,000 or more receive benefits keyed to the four-day tribute. These > include 38 tickets to 10 balls, receptions, galas and the swearing-in > ceremony. Givers of $250,000 get 80 tickets to the 10 events. In > addition, big donors' names, or the names of their corporations, will > appear on official printed materials. > > Edward L. Yingling, incoming president of the American Bankers > Association, which gave $25,000, said: "We gave enough to get the sets > of tickets we need for bankers, some of our staff and some friends of > the industry who want to go to certain events." > > Patrick Butler, vice president of The Washington Post Co., said the > company, which is the parent of this newspaper, agreed to donate to be > sure that it had enough tickets to the Inaugural Ball to cover its > major corporate advertisers, which The Post fetes at the event every > four years. > > A spokesman for the Boeing Co., which gave $100,000, said the money is > "to help in celebrating the defining event in the American democratic > process." Boeing is dealing with federal probes into the tactics it > used to win a contract to lease and sell to the Air Force 100 > refueling tankers for $23.5 billion. > > A few groups are forthright about their desire to see and be seen. "We > want our presence to be known here in Washington and at the > inauguration," said Lucien Salvant, spokesman for the National > Association of Realtors, which contributed $50,000. "We consider > ourselves the chief spokesman for real estate issues and property > rights, and we want people to recognize that." > > ---------------- Is anyone surprised? Bush is just the latest in a procession of scumbags. Jay http://www.vdare.com/ V-Dare http://www.deportaliens.com/ --- þ RIMEGate(tm)/RGXPost V1.14 at BBSWORLD * Info{at}bbsworld.com --- * RIMEGate(tm)V10.2áÿ* RelayNet(tm) NNTP Gateway * MoonDog BBS * RgateImp.MoonDog.BBS at 1/13/05 10:48:57 AM* Origin: MoonDog BBS, Brooklyn,NY, 718 692-2498, 1:278/230 (1:278/230) SEEN-BY: 633/267 270 5030/786 @PATH: 278/230 10/345 106/1 2000 633/267 |
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