Notably anti-corporate Democratic convention used corporate cash for funding

posted at 2:46 pm on October 18, 2012 by Erika Johnsen

Prior to their big convention in September, the Democrats running the show made a big to-do about not accepting any corporate donations to help put their main event together, since corporations don’t represent normal people but only evil, greedy fat cats, or something. In August, we learned that the ‘people’s convention’ wouldn’t be disclosing the sources of their donations until after the curtain dropped — and, shocker, now we know why. From Reuters:

The Democratic National Convention relied on at least $5 million in corporate donations, despite repeated pledges by top party officials only to use money raised from individuals.

Reports filed Wednesday with the Federal Election Commission show the convention’s host committee, Charlotte in 2012, raised $24 million, well short of its $36.7 million fundraising goal.

To help make up for the shortfall, committee officials spent $5 million raised directly from corporations to rent the cavernous basketball arena used as the convention hall. They spent nearly $8 million more from a line of credit provided by Charlotte-based Duke Energy Corp., the nation’s largest electricity provider. …

In addition to spending cash from corporate sponsors on direct convention expenses, records show much off the $24 million billed as being raised from individual donors came from special interest groups that employ lobbyists, corporate-funded foundations and the very wealthy.

And I quote:

“This convention will be different,” Wasserman Schultz said last year at the convention kickoff event in Charlotte. “We will make this the first convention in history that does not accept any funds from lobbyists, corporations or political action committees. This will be the first modern political convention funded by the grassroots, funded by the people.

I always wonder why politicians/parties/etcetera even bother making these types of promises (no corporate donations, “…then this is going to be a one-term proposition,” etcetera). It’s not so much that anybody actually cares that you used corporate profits (or that you’re running for a second term, cough cough), it’s that you promised you wouldn’t. You make a big deal out of it, and then the moment you’re in a pinch, you backtrack on your word.

I also wonder at the rampant hatred of corporations, just by virtue of them being corporations. Whether you’re reading this on a computer, a smartphone, or an iPad, that and the many other efficiencies and conveniences of modern-day life are brought to us by businesses seeking to make a profit by meeting our wants and needs through voluntary exchange, and succeeding at it while providing jobs and livelihoods to millions of ‘normal’ people along the way. Will the intellectually-empty populist appeals never cease?


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No! Really?

Bmore on October 18, 2012 at 2:48 PM

Nothing to see here, just more about Democrats talking out of both sides of their hypocritical mouths………..again.

GarandFan on October 18, 2012 at 2:49 PM

Will the intellectually-empty populist appeals never cease?

No, they never will. Too many people lack the logic chip in their circuitry for it to stop.

Bitter Clinger on October 18, 2012 at 2:50 PM

Will the intellectually-empty populist appeals never cease?

Likely to increase.

Bmore on October 18, 2012 at 2:51 PM

Ha !
You just knew this one was coming
Democrats just do not understand money.
At all.

Jabberwock on October 18, 2012 at 2:52 PM

Will the intellectually-empty populist appeals never cease?

When the same populists acknowledge that corporate taxes are also paid by the people.

chemman on October 18, 2012 at 2:52 PM

Some corporations are more equal than others.

BobMbx on October 18, 2012 at 2:52 PM

Will the intellectually-empty populist appeals never cease?

When the same populists acknowledge that corporate taxes are also paid by the people.

chemman on October 18, 2012 at 2:52 PM

But…but….corporations aren’t people, so why do they have to pay taxes?

BobMbx on October 18, 2012 at 2:54 PM

To put it bluntly: Communism will not be imported from Moscow; it will come out of Wall Street and Main Street.

– Frank Chodorov

OhEssYouCowboys on October 18, 2012 at 2:54 PM

It’s not hypocrisy when democratics do it.

slickwillie2001 on October 18, 2012 at 2:56 PM

They spent nearly $8 million more from a line of credit provided by Charlotte-based Duke Energy Corp., the nation’s largest electricity provider.

Apparently the only energy company that relies solely on windmills, solar panels, and unicorn farts to provide power.

Because there is no way, NO WAY, that the libs would ever take money from one of those Gaia-killing coal or oil-using energy concerns.

Bishop on October 18, 2012 at 2:56 PM

Duke Energy might want to start asking for it’s money now.
Me thinks the DNC might not have in a week or two.

Jabberwock on October 18, 2012 at 2:58 PM

Will the intellectually-empty populist appeals never cease?

No, they never will. Too many people lack the logic chip in their circuitry for it to stop.

Bitter Clinger on October 18, 2012 at 2:50 PM

Careful, you may be labeled a racist or a warrior in the war against women. 3,2,1…

Don L on October 18, 2012 at 3:05 PM

Liars, cheats, parasites and frauds– all apt descriptions for the modern Democrat party.

Thomas More on October 18, 2012 at 3:05 PM

Because there is no way, NO WAY, that the libs would ever take money from one of those Gaia-killing coal or oil-using energy concerns.

Bishop on October 18, 2012 at 2:56 PM

Dems won’t drive coal-charged Volts I guess….

Don L on October 18, 2012 at 3:07 PM

Careful, you may be labeled a racist or a warrior in the war against women. 3,2,1…

Don L on October 18, 2012 at 3:05 PM

LOL. I’ll risk it.

Bitter Clinger on October 18, 2012 at 3:10 PM

I always wonder why politicians/parties/etcetera even bother making these types of promises…

Democrats LIE.

It’s just what they do.

ITguy on October 18, 2012 at 3:12 PM

all liberals need to stop the hypocrisy and immediately turn in resignations to their corporate employer. its the only ‘fair’ thing to do

burserker on October 18, 2012 at 3:14 PM

Told you that the Clitons are for Romney.

Schadenfreude on October 18, 2012 at 3:15 PM

Democrats LIE. It’s just what they do.

Here is what Nancy Pelosi and the Democrats promised in 2006 in order to win the 2006 elections and control of Congress:

Over the past decade, the Republican controlled Congress took our nation in the wrong direction. Too many Americans are paying a heavy price for those wrong choices: record costs for energy, health care and education; jobs shipped overseas; and budgets that heap record debt on our children. For millions, the middle-class dream has been replaced by a middle-class squeeze…

Democrats are proposing a New Direction for America…

With integrity, civility and fiscal discipline, our New Direction for America will use commonsense principles to address the aspirations and fulfill the hopes and dreams of all Americans. That is our promise to the American people….

Our federal budget should be a statement of our national values. One of those values is responsibility. Democrats are committed to ending years of irresponsible budget policies that have produced historic deficits. Instead of piling trillions of dollars of debt onto our children and grandchildren, we will restore “Pay As You Go” budget discipline.

Budget discipline has been abandoned by the Bush Administration and its Republican congressional majorities. Congress under Republican control has turned a projected $5.6 trillion 10-year surplus at the end of the Clinton years into a nearly $3 trillion deficit– including the four worst deficits in the history of America. The nation’s debt ceiling has been raised four times in just five years to more than $8.9 trillion. Nearly half of our nation’s record debt is owned by foreign countries including China and Japan. Without a return to fiscal discipline, the foreign countries that make our computers, our clothing and our toys will soon be making our foreign policy. Deficit spending is not just a fiscal problem – it’s a national security issue as well.

Our New Direction is committed to “Pay As You Go” budgeting – no more deficit spending.

And here is what Nancy Pelosi promised on January 4, 2007 when she became Speaker of the House:

After years of historic deficits, this 110th Congress will commit itself to a higher standard: pay-as-you-go, no new deficit spending. Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt.

- New Speaker Nancy Pelosi, 01/04/2007

Nancy Pelosi was Speaker of the House from January 4, 2007 to January 3, 2011.
How much new debt was created during Pelosi’s 4 years as Speaker?

Over $5.3 TRILLION!

And how much new debt has been created since the Democrats took majority control on January 4, 2007?

Over $7 TRILLION!

How did multiple promises of “pay-as-you-go, no new deficit spending” turn into Trillions and Trillions and Trillions and Trillions and Trillions and Trillions and Trillions of NEW debt?

The answer is simple…

Democrats LIE.

ITguy on October 18, 2012 at 3:18 PM

ITguy on October 18, 2012 at 3:18 PM

I always appreciate your posts. Always well thought out and with citations.

You do good work on HotAir.

Just wanted ya to know it’s noted and appreciated.

OhEssYouCowboys on October 18, 2012 at 3:44 PM

Why the hell is Duke Energy extending the DNC an $8M line of credit? That’s like the Yankees staff mowing the outfield grass for the Mets. It doesn’t make any sense.
Larger, how insane does any corporation have to be to donate to the noted anti-business, anti-growth, anti-profit Democrat party?

smfic on October 18, 2012 at 3:49 PM

When the business is part of their campaign, they don’t consider them corporations, but as partners…

Duke Energy is a partner, GM is a partner, these guys are not corporations, but part of the process the administration, there isn’t an energy bill passed or EPA standard that is passed that Duke hasn’t signed off on first.

right2bright on October 18, 2012 at 3:50 PM

Larger, how insane does any corporation have to be to donate to the noted anti-business, anti-growth, anti-profit Democrat party?

smfic on October 18, 2012 at 3:49 PM

You don’t get it…added regs help Duke, they raise prices and keep the competition out.

Little side story: In Calif. a couple of decades ago, new regs were foisted on the oil companies, huge expenses, new tanks, new monitoring systems, new pumps, new transfer systems, it costs tens of thousands of dollars for every gas station…the oil companies publicly fought the regs…but later, after they were on the books, it was found out they were supporting the regs, supporting with money the environmental groups…what the new regs do was eliminate the independent owners since they could never afford the new standards, so they gave their franchises, pennies on the dollar, back to the oil and gas companies…and there went the independents, the ones who kept the prices competitive.
So you don’t think the gas/oil companies love the Feds? Energy companies don’t love the feds? When was the last refinery built in the U.S.? Do you think Duke is worried about a competitor building a coal plant to competed?

Here is a lesson…Big corps are smarter than any politician…and they are more powerful.

right2bright on October 18, 2012 at 4:03 PM

riddle for you…what’s the difference between the DNC and a Las Vegas “escort”?

the latter needs a regular health exam…

teejk on October 18, 2012 at 4:45 PM

Must be why 0bama has not stepped foot in NC since the convention.

Brat on October 18, 2012 at 5:31 PM

Not crazy about working for a corporation but they do serve useful purposes in our capitalistic society. And all the dumbmass libturds I know loathe large corporations and seem to think that they’re all run by filthy rich dirty lowdown Republicans. Funny with how deeply entrenched in liberalism Hollywood is, the libturds never seem to acknowledge that TV and movie studios are large corporations run by Obamuh-funding Democrats.

stukinIL4now on October 18, 2012 at 5:34 PM

Potemkin convention.

iurockhead on October 18, 2012 at 5:49 PM

riddle for you…what’s the difference between the DNC and a Las Vegas “escort”?

the latter needs a regular health exam…

teejk on October 18, 2012 at 4:45 PM

On the other hand, Dingy Harry runs them both.

slickwillie2001 on October 18, 2012 at 6:06 PM

It seems to me that a lot of negative Obama news has been coming up lately, could it be a bit of the rats jumping off of the sinking ship?

Gwillie on October 18, 2012 at 6:24 PM

The fact that Duke Power stepped in when the Unions wouldn’t is so ironic it’s hard to believe that the miners in Harlan County were actually digging up coal.

Unrelated story #1

Unrelated story #2

So come, all you producers ,
From Duke to CPL,
We’ll learn how regulation
Gives pols a rent to sell.

Which side are you on boys,
Which side are you on?

In Mecklenburg county,
There are no neutrals there,
If you can’t get cash from the unions, man,
Just tap a host co-chair.

Which side are you on boys,
Which side are you on?

If you want a merger,
Cause Progress has gone flat,
You’ll have to pay to play the game
When bosses pass the hat.

Which side are you on boys,
Which side are you on?

sesuncedu on October 18, 2012 at 7:58 PM

OhEssYouCowboys on October 18, 2012 at 3:44 PM

Thank you very, very much for your kind words. That means a lot to me.

ITguy on October 18, 2012 at 9:35 PM

Told you that the Clitons are for Romney.

Schadenfreude on October 18, 2012 at 3:15 PM

Schadenfreudian slip??? 8-)

SDN on October 19, 2012 at 8:17 AM