General Discussion
In reply to the discussion: Bernie's asking for money for his delegates. [View all]Human101948
(3,457 posts)Nice story but the conventions are a phenomenal opportunity for corporations to buy influence.
Who's Paying for the Conventions? Corporate Sponsors Pour Millions into Party Coffers
Well, the money is given not to the convention specifically, but to the host committee for the convention, but the host committee for the conventions fundraisers are people from the party thats holding the convention, so its like giving the money directly to the party.
And what we know about them before the convention is just whatever the host committees feel like disclosing. There are no requirements to disclose the donors and the amounts that they are giving. And, in fact, neither of the host committees this year for either convention, unlike past years, have chosen to disclose officially the amounts of money that theyre getting. And the amounts are very large, because, combined, private money for support of the two conventions this year will exceed $112 million. So, all we know at this point is unofficially, or some companies have, you know, decided to release this information voluntarily.
http://www.democracynow.org/2008/7/22/whos_paying_for_the_conventions_corporate
Numbers from 2008. double it and you might get the true figure for corporate graft in 2016