Corporations that are financing Trump’s ‘Big Lie’

Illustration by Jordan Awan for The New York Times; photograph by Roman Milert / EyeEm via Getty

Dear Commons Community,

The New York Times has an opinion piece today commenting on the corporations that have been financing Trump’s “Big Lie” that the 2020 election was stolen.  Alex Kingsbury, who is on the Times editorial board, states in it:

“In the year and a half since the attack, rivers of cash from once skittish donors have resumed flowing to election deniers. Sometimes tens of thousands of dollars. Sometimes just a thousand. But it adds up. In the month of April alone, the last month for which data is available, Fortune 500 companies and trade organizations gave more than $1.4 million to members of Congress who voted not to certify the election results, according to an analysis by the transparency group Accountable.US. AT&T led the pack, giving $95,000 to election objectors…

We tend to think of the past and future threat to elections as coming from voters for Donald Trump and those whom they’d elect to office. But the success of these politicians also depends on money. And a lot of money from corporations like Boeing, Koch Industries, Home Depot, FedEx, UPS and General Dynamics has gone to politicians who reject the 2020 election results based on lies told by the former president, according to a tally kept by the Citizens for Responsibility and Ethics in Washington, known as CREW.

All told, as of this week, corporations and industry groups gave almost $32 million to the House and Senate members who voted to overturn the election and to the G.O.P. committees focused on the party’s congressional campaigns. The top 10 companies that gave money to those members, according to CREW’s analysis of campaign finance disclosures, are Koch Industries, Boeing, Home Depot, Valero Energy, Lockheed Martin, UPS, Raytheon, Marathon Petroleum, General Motors and FedEx. All of those companies, with the exception of Koch Industries and FedEx, once said they’d refrain from donating to politicians who voted to reject the election results.

Of the 249 companies that promised not to fund the 147 senators and representatives who voted against any of the results, fewer than half have stuck to their promise, according to CREW.”

Kingsbury also gives kudos to the 85 corporations that stuck to their guns and still refuse to fund the seditious, including Nike, PepsiCo, Lyft, Cisco, Prudential, Marriott, Target and Zillow. That’s what responsible corporate citizenship looks like. It’s also patriotic.

We’re going to need more patriotic companies for what’s coming. Not only are Republican lawmakers who refused to certify the election results still in office; their party is poised to make gains during the midterm elections. Their electoral fortunes represent not only an endorsement from voters who support their efforts to undermine our democracy; they also represent the explicit financial support of hundreds of corporations that pour money into their campaign coffers.”

He concludes:

“Money in politics is the way of the world, especially in this country. But as the Jan. 6 committee’s investigation has made clear, Mr. Trump’s attempted coup was orders of magnitude different from the normal rough-and-tumble of politics. Returning to the status quo where corporate money flowed to nearly every politician elected to office isn’t just unseemly; it is helping to fund a continuing attack on our democracy.”

Yes and shame on these corporate sponsors.

Excellent commentary that should be read!

Tony

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