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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (545944)1/25/2010 11:48:41 AM
From: TimF   of 1576939
 
Who wins and loses with the U.S. Supreme Court decision?

by Ariel Goldring

Last week, the U.S. Supreme Court ruled that “corporations [and unions] may spend as freely as they like to support or oppose candidates for president and Congress.” This has brought a flood of criticism, even from President Obama.

But when corporations do “spend as freely as they like,” they don’t typically spend on Republican candidates as one may expect. The Center for Responsive Politics (via Sociological Images) lists the 100 corporations and unions with the largest political campaign contributions between 1989 and 2009, broken down by which party they donated to. Here are the results:







What we find is that many of the major donors are unions, and many of the major corporations donate primarily to the Democratic party, if not equally to both parties. Interestingly, it is was conservatives and libertarians who most supported the Supreme Court decision while they stood to lose the most.

freemarketmojo.com
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