2021.01.12 06:19
January 12, 2021 |
Good morning. Companies are halting donations to Congress members who backed overturning the election result. |
|
An ‘unthinkable’ corporate response |
Large corporations and their lobbyists usually try to steer clear of messy political fights. Companies prefer to work behind the scenes, giving money to both political parties and quietly influencing tax policy, spending and regulation. |
But President Trump’s effort to overturn the result of the presidential election — and the violent attack on Congress by his supporters — has created a dilemma for many companies. A growing number have decided that they are, at least for now, not willing to support members of Congress who backed Trump’s efforts to change the election result and promoted lies about election fraud. |
Over the weekend, several large companies — Marriott, Blue Cross Blue Shield and Commerce Bancshares — announced a suspension of donations to members of Congress who voted against election certification. Yesterday, the list expanded to Amazon, AT&T, Comcast, Airbnb, Mastercard, Verizon and Dow, the chemical company. Hallmark has even asked for its money back from two of the senators who opposed certification, Josh Hawley and Roger Marshall. |
“Just a few days ago, this would have been unthinkable,” Judd Legum — the author of the Popular Information newsletter, who has done the best recent reporting on corporate donations — told me. |
In the Senate, the temporary ban on donations will also affect Rick Scott of Florida, Ted Cruz of Texas and a few other members. In the House, the group includes more than half of the Republican caucus, including its two top leaders, Kevin McCarthy and Steve Scalise. |
“We have to create some level of cost,” Thomas Glocer, a board member at Morgan Stanley and Merck, told The Wall Street Journal. “Money is the key way.” |
The National Association of Manufacturers, long one of the more conservative business lobbying groups, has been particularly harsh. It called out Republicans who “cheered on” Trump during his “disgusting” effort to overturn the election, which it said had “inflamed violent anger.” The association added: “This is sedition and should be treated as such.” |
Still, many large companies have not announced a change. (And other companies, like Goldman Sachs and Google’s parent, have announced a pause on all political donations — a move that seems designed to prevent public criticism while also not angering politicians who supported attempted election fraud.) |
McDonald’s and the tobacco company Altria, which are among the top 20 donors to McCarthy, the House Republican leader, have not announced a halt on donations to any Congress members. Neither has Bank of America (a major donor to Scott), although it said it would “review its decision making.” |
The well-connected law firm Squire Patton Boggs has also not announced any policy change. It has donated to Paul Gosar, a House member from Arizona who helped promote the Jan. 6 rally that turned violent, tweeting “#FightForTrump” and “The Time Is Now. Hold the Line.” |
What’s the bottom line? I asked Andrew Ross Sorkin, the Times columnist who has spent two decades covering corporate leaders, and he said that the announcements amounted to “temporary defensive moves.” The real question was whether, six months from now, the companies would go back to donating to the politicians who supported overturning a presidential election. |
For more, read Andrew’s latest column, which argues for a permanent end to corporate political donations. |
No. | Subject | Date | Author | Last Update | Views |
---|---|---|---|---|---|
Notice | How to write your comments onto a webpage [2] | 2016.07.06 | 운영자 | 2016.11.20 | 18194 |
Notice | How to Upload Pictures in webpages | 2016.07.06 | 운영자 | 2018.10.19 | 32351 |
Notice | How to use Rich Text Editor [3] | 2016.06.28 | 운영자 | 2018.10.19 | 5929 |
Notice | How to Write a Webpage | 2016.06.28 | 운영자 | 2020.12.23 | 43842 |
1714 | OBAMA'S HEALTH CARE [9] | 2009.08.26 | 이한중*65 | 2009.08.26 | 2943 |
1713 | What Not To Say [2] | 2009.08.30 | 이한중*65 | 2009.08.30 | 5087 |
1712 | The Young Ones [5] | 2009.08.30 | 황규정*65 | 2009.08.30 | 7963 |
1711 | 허미정,안병훈 선수 LPGA,USGA에서 동반우승 [5] | 2009.08.30 | 황규정*65 | 2009.08.30 | 7704 |
1710 | Parents and God - Father Belczak [4] | 2009.08.30 | 이한중*65 | 2009.08.30 | 4694 |
1709 | 방 준재선배를 만나다. [7] | 2009.09.02 | 유석희*72 | 2009.09.02 | 7206 |
1708 | Compassionate Actions In Gratitude [4] | 2009.09.03 | 이한중*65 | 2009.09.03 | 4161 |
1707 | 이 홍규선생 정년퇴임식에서 [4] | 2009.09.03 | 유석희*72 | 2009.09.03 | 7878 |
1706 | 좋은날에 벌새와함께 [5] | 2009.09.06 | 신성려#65 | 2009.09.06 | 12460 |
1705 | 이 홍규교수 퇴임식에서 덕담 [2] | 2009.09.06 | 유석희*72 | 2009.09.06 | 8247 |
1704 | 한소년, 한소녀의 꿈 [7] | 2009.09.07 | 이한중*65 | 2009.09.07 | 6784 |
1703 | 090909 [9] | 2009.09.09 | 이한중*65 | 2009.09.09 | 7469 |
1702 | [LPGA]'파이널 퀸’ 신지애, 역전 우승 [5] | 2009.09.13 | 황규정*65 | 2009.09.13 | 8409 |
1701 | 수련꽃 피는 9월의 Brooklyn Botanical Garden [8] | 2009.09.16 | 황규정*65 | 2009.09.16 | 7126 |
1700 | 미시간의 이른 가을 [2] | 2009.09.17 | 이한중*65 | 2009.09.17 | 7846 |
1699 | Health Care Reform, A Poll(1) [1] | 2009.09.18 | 이한중*65 | 2009.09.18 | 4334 |
1698 | Best Places for a Healthy Retirement [3] | 2009.09.20 | 이한중*65 | 2009.09.20 | 4551 |
1697 | What a wonderful world, we live [6] | 2009.09.20 | 황규정*65 | 2009.09.20 | 7854 |
1696 | In Search of The Real Michelle Rhee (from Washington Post) [1] | 2009.09.27 | 운영자 | 2009.09.27 | 2979 |
1695 | "미셀 리 교육개혁 원천은 부모에게 배운 곧은 성품" [2] | 2009.09.27 | 유석희*72 | 2009.09.27 | 8298 |
The Creator gave "conscience" to each human being He created.
If one lacks that, one is a human in appearance but an animal in truth.
Corporations run by these humans are no exceptions,
either a group of humans or animals.
The USA as a country founded by the founding fathers' true conscience
against all odds or modern-day corporate America is no exception,
a struggle between humans with conscience and animals with human faces,
a never-ending story ever since the beginning of civilization.