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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 3:59 PM EST
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To: Gregg Powers who wrote (21979)1/26/1999 5:38:00 PM
From: Ruffian  Read Replies (1) of 152472
 
Tero On Yahoo<boy is he getting deperate>

On contributions
by: tero_kuittinen
5657 of 5659
The fact is that Qualcomm's CEO is a fundraiser for the Democratic party. The Clinton administration is
largely responsible for formulating the US position on 3G issues.

"The publicly recorded contributions in no way shape or form
even compares to the dollars at stake in this trade dispute, or in any way undermines the principles of free
trade or WTO policy."

Since when have political contributions been comparable to the
benefits that companies derive from them? That's the whole point: you don't need to contribute much to gain
influence. Does anyone seriously believe that American sugar producers pay off both Democrats and
Republicans out of the goodness of their hearts? Of course not - they believe that they are making an
investment. And they are.

We all have different moral compasses. I recognize that some people think that it is perfectly OK for a CEO
to raise funds for the party that is running the government in charge of making crucial decisions on the future
of the company. But lets face it: that leaves both the government and the company wide open to charges of
influence-buying.

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