October 6, 2012

Foreign Corporations Buying Politicians

"More than one in five of Britain's largest corporations are channeling political donations to favored candidates ahead of next month's elections in the US – though these sums may be only the tip of a new campaign-financing iceberg, according to leading politicians, judges and pro-transparency watchdogs....
...As election year reaches its climax, America is forecast to experience the most extensively corporate-influenced race for the White House, and for control of Capitol Hill, in living memory." How British Companies Pour Cash Into American Elections, The Guardian, October 6, 2012
The above makes me feel alot better. I was beginning to think that American companies were starting to own our politicians. We can relax. Our Oligarchs have their hands full with competition from overseas.

Per the same article sited above,
The Guinness brewer made US donations of £400,000 last year, which it says "were all made, consistent with applicable laws, to federal and state candidates and committees in North America, where it is common practice to make political contributions".
I like the taste of Guinness. I like it even better now knowing they add to the corruption of the politicians running my country.

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