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AZProgressive

(29,322 posts)
Thu Oct 28, 2021, 06:58 PM Oct 2021

Exxon CEO says he had calls with lawmakers on reconciliation bill

ExxonMobil’s CEO said he personally participated in calls with lawmakers on the Democrats’ spending plan in response to questioning from Rep. Alexandria Ocasio-Cortez.

The New York Democrat asked CEO Darren Woods whether he had participated in calls with members in the reconciliation and infrastructure negotiation process.

“I have,” Woods replied. But he said political donations were not discussed during his calls.

In response to her questioning, Woods also said that his compensation is tied to Exxon’s stock price, but added that it’s based on a number of metrics.

https://thehill.com/policy/energy-environment/578983-exxon-ceo-says-he-had-calls-with-lawmakers-on-reconciliation

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Autumn

(45,056 posts)
1. Well, well, well. Color me shocked and surprised that big donors like that ass get input.
Thu Oct 28, 2021, 07:01 PM
Oct 2021
His opposition has resulted in at least one key climate program being cut from Democrats' spending package, which would have incentivized energy companies to move away from fossil fuel use.


he talks to Sen. Joe Manchin’s (D-W.Va.) office every week.

gratuitous

(82,849 posts)
2. "Political donations were not discussed during his calls"
Thu Oct 28, 2021, 07:06 PM
Oct 2021

Political donations didn't have to be discussed, did they, Mr. Woods? After all, we're all honorable gentlemen here, and the unseemly subject of money needn't sully our conversation.

unblock

(52,196 posts)
6. We have a system of legalized thinly disguised bribery
Thu Oct 28, 2021, 08:01 PM
Oct 2021

One call to talk about policy, another call to talk about campaign contributions.

Neither call mentions the other topic.

The campaign contribution call doesn't happen from a government office.


At campaign rallies, the candidate will give a speech and not talk about contributions. Then everyone walks across the street. Different venue, different event, the candidate isn't there, the staffers are free to solicit campaign contributions.

Everyone knows it's bribery. But everyone plays this stupid game of pretending it isn't.

PSPS

(13,591 posts)
7. It's called influence peddling but the euphamism is "a request for donations."
Thu Oct 28, 2021, 09:37 PM
Oct 2021

Influence peddling used to be illegal (and still is in most western countries.) It was essentially legalized in the 2014 US supreme court decision in McCutcheon v. FEC (2014)

Fiendish Thingy

(15,585 posts)
4. So, if the debt ceiling is blocked until CEPP is added to BBB, and Exxon's stock drops 50%
Thu Oct 28, 2021, 07:30 PM
Oct 2021

Does that mean Woods compensation would drop 50%?

Just thinking strategically…

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