Sunday, March 4, 2012

The Men, the Money, and the Companies Supporting the GOP

Check out my article for the Motley Fool-
The men, the money, and the companies supporting the GOP nomination race.

The Republican nomination race is in full swing, with more money being spent on ads and activities than ever before. Millions have been spent in radio and televised ads in targeted states across the country. Because individuals can only donate up to $2,500 directly to a campaign due to Federal Election Commission regulations, wealthy donors and corporations wishing to make larger donations contribute to political action committees (SuperPACs). The superPACs operate independently with campaigns, and do not take direct instructions from campaigns. In many cases, a few key individuals or associations affiliated with corporations are behind the money fueling the SuperPACs.
Investors may not realize that their shares are indirectly contributing to the publicly traded corporations, individuals and associations, assisting the campaigns.

Read the rest at

No comments:

Post a Comment

Your comments are always welcome here!