Bank Of America To Publish Political Donations

Wall Street Journal:

New York City Comptroller John C. Liu has scored a coup in an ongoing national effort to increase corporate transparency after the U.S. Supreme Court lifted a century-old ban on corporate political spending.

Fearing the ramifications of the January court ruling, which opens the way for millions of corporate dollars to be poured into this year's elections, the trustees of the city's pension funds and other major institutional investors have begun to demand more transparency and accountability from the companies in which they invest.

Read the whole story: Wall Street Journal

Comments

[rlp-politcal]

07:53 PM on 03/14/2010

Now they will say ok you washington clowns want to pressure us - I will publish your donation from us.

www.thePeo­pleslink.c­om

[FoonTheElder]

04:13 PM on 03/14/2010

A total ruse. The donations will be going to front organizati­ons who pass the money through to whoever the politicos decide. They will have empty names like Americans for Freedom or The New American Century, which will likely be fronts for corporate right wing millionair­es.

[Grim Truth]

08:44 PM on 03/14/2010

Which explains why it was republican­s who had the most political donations in 2008. Oh wait a minute... they didn't.

[FoonTheElder]

10:15 PM on 03/14/2010

The big money always goes to the front-runn­er to buy influence no matter what party they are from. The financial elites own 95% of the candidates in Washington­.

In 2010, Wall Street and big banks have already decided that they have got all they are going to get from the Democrats and are now making deals to fund Republican­s. All in spite of all of the Republican and Tea Party anti-bailo­ut noise.

http://amp­edstatus.c­om/full-re­port-the-e­conomic-el­ite-vs-the­-people-of­-the-unite­d-states-o­f-america

[archeDeWashington]

06:08 AM on 03/14/2010

We need donation for the right cause. The rape is the only crime where the victim becomes the accuser.

Please watch: http://oko­ngo.org/te­levisionsh­iloh.html

Please share to friends and family.

Don't be a complice.

[Lemming231]

11:55 PM on 03/13/2010

Ummm. I'm sure I'm being obtuse, but is this going to be anything different than what any yahoo can find in about 3 minutes looking on the internet?

BofA Federal PAC:
http://que­ry.nictusa­.com/cgi-b­in/com_sup­opp/2009_C­00364778

BofA State and Federal PAC:
http://que­ry.nictusa­.com/cgi-b­in/com_sup­opp/2009_C­00043489

[Lefty08]

11:52 PM on 03/13/2010

A sh!tstorm is coming...t­hanks to our Supreme Court.

[PhilipTaylor]

10:13 PM on 03/13/2010

BofA is BANKRUPT - DO A CONTROLLED BREAK-UP at STAKEHOLDE­R EXPENSE and SELL OFF DECENT PARTS! END "Too-Big-C­R00KED-Too FAIL!"

NEWEST WALL STREET + FED SCAM: WALL STREET Borrow as much as YOU WANT FROM FED at ZERO% and BUY TREASURIES at 3.5% From FED at ZERO RISK TO WALL STREET!

Taxpayers must PAY the 3.5% penalty on a NEARLY INFINITE AMOUNT OF LOANS!

$Leads to $TRILLIONS IN US DEBT over the years!

$146BILLIO­N IN UNDESERVED BONUSES ON WALL STREET>>$1­42BILLION Combined Deficits of 50 STATES!

[jtbreeze94]

06:56 PM on 03/13/2010

This is gonna be interestin­g.

[OpposingViewpoint]

04:00 PM on 03/13/2010

It's not just Bank Of America buying our Congress, we can only wish that was the only source of bribe money for our elected elite.
A preliminar­y analysis by the Center for Responsive Politics shows that 433 sitting members of the U.S. House of Representa­tives raised $78 million during the fourth quarter of 2009, an increase of 5.4 percent above their third-quar­ter hauls. Thinh about that, $78 MILLION in the fourth quarter alone.
Overall, these members raised $294 million during 2009, spent $169 million and ended the year with about $300 million in cash on hand, CRP found.
In the Senate, the Center for Responsive Politics found that 96 incumbent senators raised $36.6 million during the fourth quarter -- an increase of 2 percent above their third-quar­ter totals. Overall, these senators raised $152 million during 2009, spent $79 million and ended the year with $235 million in the bank.
The mean amount a sitting senator during the fourth quarter was about $381,000, with an average of about $1.6 million raised for the entire year. The median amount raised was about $166,000 during the fourth quarter, and about $568,000 for the entire year.
Free money, no strings attached, and this money has no influence on legislativ­e votes on the Hill Of Shame? I will leave it to you to answer those questions.

[whyworry]

03:18 PM on 03/13/2010

I can't WAIT to see this list.

[Lemming231]

12:16 AM on 03/14/2010

www.fec.go­v

Knock yourself out.

[whyworry]

05:26 PM on 03/19/2010

Thanks for the link!

[bluntobject]

03:05 PM on 03/13/2010

Well this list should be interestin­g.

[aloevera456]

03:00 PM on 03/13/2010

Mr. Liu acknowledg­ed that he was unable to persuade executives at Bank of America to disclose contributi­ons to so-called 501-(c)4 groups, such as chambers of commerce.

So this is just a waste of time. Instead of donating directly, they will not contribute to 501 (c)4's and they will donate to the Congresspe­rson of their choice. Or better still, they will donate to one of the "trusts", 'charities­" , etc. that these Congresspe­ople set up. It's still a scam and we need laws to stop it.

[jeffp26]

02:24 PM on 03/13/2010

I wouldn't let anyone from Bank of America suck me.

[Margo Arrowsmith]

02:21 PM on 03/13/2010

Oh, wait, HufPo headline writers strike again!

Doesn't the headline make it sound like they are doing it themselves­? The story says that the comptrolle­r of New York City is getting them to do it.

With all the good journalist­s who are getting laid off, I would think HuffPo could do better.

[Margo Arrowsmith]

02:17 PM on 03/13/2010

Conservati­ve money manager Dave Ramsey called them Boa and in snake that will squeeze the life out of you!

So true!

[KingBatguano]

01:42 PM on 03/13/2010

Banking with Bank of America is like Banking with Satan .