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10 Corporations That Bankroll Senator Dianne Feinstein

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Investing in stocks has more in common with going to the polling station on election day than you may think. Besides paying lobbyists untold sums of money, many of the nation's biggest publicly traded corporations and their executives donate directly to political campaigns.

Take Altria Group, the proprietor of Marlboro cigarettes, as an example. Since 1990, it's spent nearly $30 million on political contributions, 73% of which have gone to Republican candidates. Meanwhile, Disney spent a comparatively paltry $13.9 million, but gave the lion's share, or 70%, of its support to Democrats over the same time period.

With this in mind, I sat down to uncover the biggest corporate contributors behind the nation's leading politicians. Using data from the Center for Responsive Politics, the following presentation reveals the 10 corporations that most heavily bankrolled Senator Dianne Feinstein in the last full election cycle.

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  • Report this Comment On October 27, 2013, at 10:48 AM, peckbill wrote:

    Let us take a look at something that is very close to the heart of every individual that donates money to help get his/her favorite member of the United States Congress elected. Some peoples, Companies, lobbyists, or organized groups of people donate millions of dollars to their favorite election campaign. The biggest surprise is that hardly any of those who donate money have the slightest clue on how the money is used. An even bigger surprise is that hardly none of the money is used for the election campaign that the donation is intended.

    There is a federal law that prohibits members of Congress from using campaign donations for personal needs (Ethics Reform Act of 1989); but, the same Congress then invented something that says contributions are technically not campaign funds and can be put into a Leadership PAC (slush fund); there, the money can be spent for anything the individual receiving the donation desires, baby sitting, girlfriend(s), lunches, lobbyists, automobiles, trips for friends, sports events, vacations, high interest loans to their own campaign, etc.. You name it and your donation money can and is used to pay for the event. During their own campaign, the individual running for office can even lend his campaign money from the Leadership PAC and charge very high interest which is paid back from the Party Headquarters to which it was loaned; when the individual leaves office he/she takes the money with them and spends it for what they want; upon the politicians death, the money goes with his money to things and places no one knows about. In federal government the elected official cannot hire those relatives that are under the term “nepotism” ; however, the politician can use the donation money (Leadership PAC) to hire any family member, i.e., wife, children, grandparents, grandchildren, anyone and pay them whatever he/she determines a suitable earning.

    Does any of this interest you? Do you even care when you donate to the campaign of a politician? Some people are really dumb, but the people of the United States of America tolerate this sort of money manipulation and use of donation money. No wonder the United States of America is in such terrible trouble moneywise.

    We can solve this by not making any donations to political campaigns and by insisting our members of Congress fix the problem and keep our donation money sacred and protected. There is currently two bills pending in Congress, one in the House and one in the Senate, to correct this problem; but these bills will never be considered because the individual(s) sponsoring the bills cannot get anyone to join the sponsorship.

  • Report this Comment On October 27, 2013, at 9:55 PM, GETRICHSLOW2 wrote:

    Washington will never fix Washington. Your best bet is to forget it exists and use your hard earned dollars to support good State legislators who have the fortitude to say no to Washington's crap.

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