Companies that received bailout money giving generously to candidates

[RamboLiberal]

Source: Washington Post

Senate Minority Leader Mitch McConnell (Ky.) was a fierce critic of the federal bailout of General Motors and Chrysler last year, saying he "cannot ask the American taxpayer to subsidize failure."

But General Motors doesn't seem to hold a grudge.

The political action committee formed by the company, which is now largely owned by the taxpayers, cut McConnell a $5,000 campaign check in September, a small piece of the $190,000 it donated to campaigns in the past month.

-----

Most of those donations are going to Republican candidates although the TARP program was approved primarily with Democratic support and President Obama expanded its use to GM and other auto makers.



Read more: http://www.washingtonpost.com/wp-dyn/content/article/2010/10/24/AR2010102401561.html?hpid=topnews

[xchrom]

1. The corporate pets need to be fed. Nt

[Kolesar]

2. A government owned company is involved in an election

that is just wrong

[w4rma]

13. Bad, bad, bad, bad, bad, very bad. Dangerously bad. (nt)

[Life Long Dem]

3. They want Republican candidates to bail them out?

Obama must be doing something right with the bailout.

[Name removed]

4. Deleted message

Message removed by moderator. Click here to review the message board rules.

[glinda]

5. And they didn't know this would happen? I could have told them that.

[ixion]

6. This was always part of the plan...

1) Do the job.

2) Flush the money into the trough.

3) Profit!

:grr:

[Downwinder]

7. Little bit early to be burning bridges.

[Doctor_J]

12. Don't worry. If we somehow hold Congress, the Dems will come

cowering back.

[Amonester]

8. Oh the irony...

"I cannot ask the American taxpayer to subsidize failure." - mcCONnHell

Looks like GM CEO's board is doing just that...

[Blue_Tires]

9. why would they ever cut McConnell a check??

i don't understand anything anymore...

[unkachuck]

10. "...cut McConnell a $5,000 campaign check..."

....we've been fucked with our own dick, again.

[Doctor_J]

11. Yet another enormous miscalculation by the administration

for such an astute campaigner, the prez has been completely inept politically since taking office. he gives money to the corporations, they give it to his enemies. He gives in to Wall street, then they refuse to hire, and give money to his enemies. He refuses to prosecute their crimes, they will now impeach him. He lets the enemies of America put their disastrous provisions into bills, then takes the blame when they turn out to be disastrous.

I wonder if he will regret all of these disasters in his memoirs in a few years.

[w4rma]

14. It has been painful to watch Obama's cabinet of DLCers empty suit no-nothings make "mistake" after

"mistake".

[Kolesar]

15. Are you really a doctor? eom

[Blue_Tires]

16. ttt