You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Defense Contractors Embrace Hillary Give Most of Its Money To Her; Wonder Why [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
EV_Ares Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-18-07 07:19 AM
Original message
Defense Contractors Embrace Hillary Give Most of Its Money To Her; Wonder Why
Advertisements [?]
Edited on Thu Oct-18-07 07:20 AM by EV_Ares
The defense industry this year abandoned its decade-long commitment to the Republican Party, funneling the lion share of its contributions to Democratic presidential candidates, especially to Hillary Clinton who far out-paced all her competitors.

An examination of contributions of $500 or more, using the Huffington Post's Fundrace website, shows that employees of the top five arms makers - Lockheed Martin, Boeing, Northrop-Grumman, Raytheon and General Dynamics -- gave Democratic presidential candidates $103,900, with only $86,800 going to Republicans.Senator Clinton took in $52,600, more than half of the total going to all Democrats, and a figure equaling 60 percent of the sum going to the entire GOP field. Her closest competitor for defense industry money is former Massachusetts Governor Mitt Romney (R.), who raised $32,000.

Insofar as defense workers making political donations reflect the interests of their employers, the contributions clearly suggest that the arms industry has reach the conclusion that Democratic prospects for 2008 are very good indeed. Since their profits are so heavily dependent on government contracts, companies in this field want to be sure they do not have hostile relations with the White House.

The strong support for Clinton indicates that a majority of defense industry executives currently believe Clinton is a favorite to win the Democratic nomination and, in November, 2008, the general election.

Read Whole Story Read @ link of Huffington Post:

http://www.huffingtonpost.com/2007/10/17/
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC