side note: the real sad truth here is Target was allowed to make these contributions because of the recent Supreme Court ruling which freed them to spend CORPORATE funds on elections. This stems directly from Bush and the people he put up on the Supreme Court, which was Roberts and Stevens. These Republicans have no idea what it means to protect the citizens of this country, all they know and all they think about is protecting corporations, since they believe corporations are just like people. the line has got to be drawn somewhere. Talk about Judicial Activism.
A few Target Corp. and Best Buy Co. institutional shareholders weighed in Thursday on the flap over the companies’ political donations in Minnesota, urging the boards of both retailers to increase their oversight of campaign contributions.
Walden Asset Management and Trillium Asset Management Corp., both of Boston, and Bethesda, Md.-based Calvert Asset Management Co. filed shareholder resolutions with both companies. Together, the three firms control less than 1 percent of each company’s outstanding shares — 1.1 million Target shares worth $57.5 million and 344,000 Best Buy shares worth $11.3 million — but they are moving the debate over the political giving to a new arena.
Target gave $150,000 and Best Buy $100,000 to a business-focused political fund helping a conservative Republican gubernatorial candidate in Minnesota, triggering a national backlash from gay rights groups and liberals. The companies made the donations after a recent U.S. Supreme Court ruling freed them to spend corporate funds on elections. The candidate, state legislator Tom Emmer, opposes gay marriage and other rights for same-sex couples. (more…)
WASHINGTON — In a federal budget filled with mind-boggling statistics, two numbers stand out as particularly stunning, for the way they may change American politics and American power.
Well, it’s official now: John Kiriakou, the former CIA operative who affirmed claims that waterboarding quickly unloosed the tongues of hard-core terrorists, says he didn’t know what he was talking about.
WASHINGTON (AP) — The Supreme Court ruled Thursday that corporations may spend as freely as they like to support or oppose candidates for president and Congress, easing decades-old limits on business efforts to influence federal campaigns.
Barack Obama ran for president as a man of the people, standing up to Wall Street as the global economy melted down in that fateful fall of 2008. He pushed a tax plan to soak the rich, ripped NAFTA for hurting the middle class and tore into John McCain for supporting a bankruptcy bill that sided with wealthy bankers “at the expense of hardworking Americans.” Obama may not have run to the left of Samuel Gompers or Cesar Chavez, but it’s not like you saw him on the campaign trail flanked by bankers from Citigroup and Goldman Sachs. What inspired supporters who pushed him to his historic win was the sense that a genuine outsider was finally breaking into an exclusive club, that walls were being torn down, that things were, for lack of a better or more specific term, changing.
I put myself and my company at the C.I.A.’s disposal for some very risky missions,” says Erik Prince as he surveys his heavily fortified, 7,000-acre compound in rural Moyock, North Carolina. “But when it became politically expedient to do so, someone threw me under the bus.” Prince—the founder of Blackwater, the world’s most notorious private military contractor—is royally steamed. He wants to vent. And he wants you to hear him vent.
Maine voters became the first to license nonprofit organizations to sell medical marijuana on Tuesday, with the state’s Question 5 cruising to a landslide victory. With roughly half of the precincts reporting, six in ten Maine voters had tallied in favor of allowing state-licensed nonprofits to distribute pot to approved patients.
If she didn’t get food stamps, Angie Minix and her two boys would have had to survive on the peanut butter-and-jelly diet.
Maybe I have missed it, but there has not been any discussion in the healthcare reform debate about what may be the biggest problem health insurance companies have. Actually, it is not a problem for them, but for those of us who have to pay for health insurance, and for physicians who are at the mercy of health insurers for reimbursements.