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Monday, May 02, 2011

Corporate America's War On Political Transparency

It’s a modest notion.

Companies that bid for government contracts should disclose their campaign spending, in order to diminish the likelihood that contracts are a payoff for political expenditures.

The Obama administration has indicated that it plans to impose such a rule, through an executive order. Ideally, the rule would prohibit contractors and lobbyists from campaign spending, but a disclosure standard is a very positive if modest step.

The U.S. Chamber of Commerce, the trade association for big business, however, takes a somewhat different view.

“We will fight it through all available means,” Bruce Josten, the chief lobbyist for the Chamber, told the New York Times. “To quote what they say every day on Libya, all options are on the table.”

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3 comments:

Anonymous said...

The same should apply to unions

lmclain said...

WHY, oh why, would corporations not want to disclose the hundreds of millions of dollars they give to Congress every year? BECAUSE THEY ARE BRIBING THEM. Senators don't want you to see that info and the corporations surely don't either. It would explain a LOT about how the laws are determined. Campaign contributions, huh? Bribes. Legal BRIBES. And each and every one of those slimy dirtballs in the Senate and House, including ALL the ones you just elected to "change" things, are lining their pockets as quickly as they can. Biggest problem? Congress makes the laws governing "campaign contributions". There goes our hope for any "change"....

Anonymous said...

Halliburton anyone? Halliburton? Anyone here hear of them? Now I can't recall why they seemed soooo shady... I do recall them making tons of money though... hmm.....anyone help me with this one?