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Reply #14: Here are the real charts with information. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-13-10 03:26 PM
Response to Reply #8
14. Here are the real charts with information.
Most of BP's corporate donations go to Republicans

According to the Center for Responsive Politics, BP is the United States' hundredth largest donor to political campaigns, having contributed more than US$5 million since 1990, 72% and 28% of which went to Republican and Democratic recipients, respectively. BP has lobbied to gain exemptions from U.S. corporate law reforms.<76> Additionally, BP paid the Podesta Group, a Washington, D.C.-based lobbying firm, $160,000 in the first half of 2007 to manage its congressional and government relations.<77>
In February 2002 BP's chief executive, Lord Browne of Madingley, renounced the practice of corporate campaign contributions, noting: "That's why we've decided, as a global policy, that from now on we will make no political contributions from corporate funds anywhere in the world."<78>
Despite this, in 2009 BP used nearly US$16 million to lobby US Congress, breaking the company's previous record (from 2008) of US$10,4 million.<79>

http://en.wikipedia.org/wiki/BP

Here is the data for the entire oil and gas industry. Republicans get most of the money from the oil & gas industry in general.


Election Cycle Rank† Total Contributions Contributions from Individuals Contributions from PACs Soft Money Contributions Donations to Democrats Donations to Republicans % to Dems % to Repubs
2010* 14 $11,572,527 $6,758,478 $4,814,049 N/A $3,434,474 $8,132,174 30% 70%
2008* 16 $35,595,537 $25,499,833 $10,095,704 N/A $8,122,865 $27,454,542 23% 77%
2006* 14 $20,364,856 $12,081,747 $8,283,109 N/A $3,624,686 $16,650,566 18% 82%
2004* 16 $26,077,264 $18,963,016 $7,114,248 N/A $5,063,900 $20,989,499 19% 80%
2002 13 $25,037,766 $8,514,319 $6,450,281 $10,073,166 $5,028,030 $19,999,841 20% 80%
2000 10 $34,323,192 $11,353,899 $6,928,043 $16,041,250 $7,054,356 $26,759,817 21% 78%
1998 8 $21,622,444 $6,342,453 $6,767,892 $8,512,099 $5,040,155 $16,501,692 23% 76%
1996 7 $26,015,197 $9,621,114 $6,539,583 $9,854,500 $5,960,180 $19,628,720 23% 75%
1994 7 $17,729,113 $6,712,122 $6,492,029 $4,524,962 $6,652,777 $11,054,891 38% 62%
1992 7 $20,581,722 $8,834,872 $6,462,523 $5,284,327 $6,907,222 $13,491,397 34% 66%
1990 8 $10,911,614 $4,829,390 $6,082,224 N/A $4,161,315 $6,749,999 38% 62%
Total 10 $249,831,232 $119,511,243 $76,029,685 $54,290,304 $61,049,960 $187,413,138 24% 75%
†These numbers show how the industry ranks in total campaign giving as compared to more than 80 other industries. Rankings are shown only for industries (such as the Automotive industry) -- not for widely encompassing "sectors" (such as Transportation) or more detailed "categories" (like car dealers).

*These figures do not include donations of "Levin" funds to state and local party committees. Levin funds were created by the Bipartisan Campaign Reform Act of 2002.

Feel free to distribute or cite this material, but please credit the Center for Responsive Politics.

http://www.opensecrets.org/industries/indus.php?ind=E01

Let's keep this in perspective. Here is the list of Obama's largest donors.

This table lists the top donors to this candidate in the 2008 election cycle. The organizations themselves did not donate , rather the money came from the organization's PAC, its individual members or employees or owners, and those individuals' immediate families. Organization totals include subsidiaries and affiliates.

Because of contribution limits, organizations that bundle together many individual contributions are often among the top donors to presidential candidates. These contributions can come from the organization's members or employees (and their families). The organization may support one candidate, or hedge its bets by supporting multiple candidates. Groups with national networks of donors - like EMILY's List and Club for Growth - make for particularly big bundlers.

University of California $1,591,395
Goldman Sachs $994,795
Harvard University $854,747
Microsoft Corp $833,617
Google Inc $803,436
Citigroup Inc $701,290
JPMorgan Chase & Co $695,132
Time Warner $590,084
Sidley Austin LLP $588,598
Stanford University $586,557
National Amusements Inc $551,683
UBS AG $543,219
Wilmerhale Llp $542,618
Skadden, Arps et al $530,839
IBM Corp $528,822
Columbia University $528,302
Morgan Stanley $514,881
General Electric $499,130
US Government $494,820
Latham & Watkins $493,835

http://www.opensecrets.org/pres08/contrib.php?cycle=200...

If I happen to work for the University of California and am a far-left liberal, then my donation is attributed to the University of California. Notice how many donations came from conservative (compared to other universities and home to the Hoover Center) Stanford University. There are no oil companies on this list. A donation from say a law firm like Sidley Austin LLP can include donations from lobbyists (if Sidley Austin has lobbyists?) as well as from the firm's lowliest file clerk.

Compare the size of the donations from the oil companies to those of other large companies to Obama's campaign. The donations in your list are almost certainly personal donations from employees. Those are not the corporate donations. And University of California is not a corporation.
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