Posted on 10/27/2005 10:12:51 AM PDT by calcowgirl
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Re: “Corporate Political Accountability Act"
I've got some shocking bad news for the union bosses who think this will be "payback" for Proposition 75.
I'm a lifelong Republican and a private stock investor.
Not only do I support ending "corporate" political donations with my money, I would estimate AT LEAST 60% of all Republican private investors favor ending them!
I hadn't heard that before. Can you direct me to a source?
All this would do is make it harder to do business in California.
Does Arnold have any toes left to shoot off?
Thanks for the ping.
Most corporate management shares your philosophy. They would absolutely prefer not to have to mix into politics. They wish government would stay the hell away from them.
Politics forces corporations to expose their products/services to political scrutiny by their customers and the legalized bribery cuts into corporate profits, unnecessarily increasing the price of their products in a competitive market.
Both the corporation and the customers lose. The only winner is the political class.
Corporate greed and its influence on the political class only becomes a problem when the political class creates and sustains monopolies for their own benefit. Bill Gates learned the hard way, after having avoided politics for years, when he rebuffed first the requests and then the threats from the Clinton regime to gain his finacial help. On the flip side, the oil industry is reaping the rewards of their long partnership with the politcal class.
Do ya see why this Governor keeps me in a constant state of pistoffedness like Yosemite Sam??? He's nothing any red-blooded Conservative or Republican for that matter should have as their "leader!" Sheeeesh!!!
Hopefully you guys are smart enough not to let this even qualify for the ballot.
Oh ho ho ho... The Yoonyuns will be out in full force collecting siggies for this one!!! Yewbetchum Tonto!!!
Pong???
I'm just basing it on the ones I have stock in. In large part, it's due to the concentration of tech companies, which are notorious for their liberal management. But then there is also the entertainment industry.
Let's face it, the state itself is very liberal. When you put all those liberals in one place, it's not surprising that companies based there are also liberal.
I don't disagree with you. But the union measure doesn't eliminate donations from businesses, it just puts constraints on those that have broad ownership. It won't stop the companies with sole-ownership from donating, nor those that have strong political leanings of closely held corporations or partnerships where approval could be acquired easily. It won't limit unions, either.
If they want to limit contributions to living breathing human voters, that would be fine with me. But this is a far cry from that.
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