Letters to the Editor
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@DeeperTruth Contributions Myth
Time for a little truth in advertising here. Anyone can check out contributions to all the candidates at http://www.opensecrets.org/pres08/moneyweb.asp?cycle=2008. It's pretty cool. You and others are recycling this talking point about Obama getting funded by subprime lenders. Aside from misstating what some of the companies actually do, it's illegal for corporations to make contributions to campaigns for federal elections. These numbers reflect the individual contributions made by employees. I'm sure you will agree that these individuals have a right to participate in our system.
Both Hillary and Obama are getting some cash from folks at global firms like Goldman. Maybe we should be talking about their economic speeches if we are looking to find some differences.
Corporate and Union Activity
Although corporations and labor organizations may not make contributions or expenditures in connection with federal elections , they may establish PACs. Corporate and labor PACs raise voluntary contributions from a restricted class of individuals and use those funds to support federal candidates and political committees. Click here to download the Campaign Guide for Corporations and Labor Organizations [PDF].
http://www.fec.gov/pages/brochures/fecfeca.shtml#Corporate_Union