We thought this would happen, even if the WSJ didn't.
Democrats Get Late Donations From Business Corporate America is already thinking beyond Election Day, increasing its share of last-minute donations to Democrats.Lobbyists, some of whom had fallen out of the habit of attending Democratic events, are even talking about making their way to the Sonnenalp Resort in Vail, Colo., where Representative Nancy Pelosi of California is holding a Speaker’s Club ski getaway on Jan. 3. It is an annual affair, but the gathering’s title could be especially apt for Ms. Pelosi, the House minority leader, who will be on hand to accept $15,000 checks, and could, if everything breaks her way, become the first woman to be House speaker.
“Attendance will be high,” said Steve Elmendorf, a former Democratic Congressional aide who has a long list of business lobbying clients. “All Democratic events will see a big increase next year, no question.”
There are certainly a few distinct differences between Dems and Rethuglicans, but doing the bidding of corporate masters is not one of these differences.
...Even before the election, many new contributions were funneled toward open races, like the Eighth Congressional District in Arizona. The Democratic candidate, Gabrielle Giffords, received checks of $5,000 each from the political action committees of United Parcel Service and Union Pacific. Lockheed Martin split the difference, donating $3,000 to Ms. Giffords and sending the same amount to her Republican rival, Randall Graf.Until October, Lockheed Martin, the giant military contractor, had been following its pattern from recent elections of giving about 70 percent of contributions from its political action committee to Republicans. But Lockheed Martin’s generosity shifted in the first half of October, with Democrats receiving 60 percent of donations, or $127,000.
While Republicans and Democrats are feverishly soliciting contributions until Election Day, campaign finance reports filed this week provide a window into the final days of a raucous midterm election campaign. The analysis of 288 corporate political action committees, which have contributed more than $100,000 this election cycle, found that at least 65 committees had increased their ratio of contributions to Democrats by at least 15 percentage points, including Sprint, United Parcel Service and Hewlett-Packard.
A notable exception to the flurry of last-minute giving is Wal-Mart.
“We had a two-year strategy to build up relationships with Democrats,” said Lee Culpepper, the vice president for federal government relations at Wal-Mart. “This wasn’t something that we decided in August that we needed to do and we ran out helter-skelter to try to do it.”
Democrats who are not in tight races — or even standing for re-election in some cases — have seen their contributions increase more than some of those facing the most competitive contests. That is an easy way, lobbyists say, for political action committees to increase the share of their Democratic contributions, a percentage that is carefully tracked by party leaders when they reach the majority.
Representative Adam Smith of Washington, who leads a coalition of centrist Democrats, said he has detected a friendlier relationship with the business community in recent months, a welcome change from years of Republican rule when “Democrats were basically frozen out in every way.”
“I hope that the new Democratic majority will take a more open and cooperative approach,” Mr. Smith said in an interview. “I hope there won’t be a sense of, ‘Oh, you gave too much money to Republicans, so we’re not going to talk to you.’
Public financing for elections, anyone?
Tags: 2006_Election, /Business, /election
I contribute to the DNC and I contributed to Hillary's campaign although I live in California and am not crazy about Hillary. I like the bumpersticker, which is on the back of my PowerBook, so people see it when I am travelling on a plane, for example.
I was watching Bill Maher last night; there are some fundamental differences between Dems and GOPers. Harry Belafonte defined Dems very well, listing most of the programs created by Democrats. I guess we could be less shy about who we are and tell it like it is.