Author Topic: Obama gets quite alot of money from BP  (Read 1137 times)

Offline geiger

  • Sr. Member
  • ****
  • Posts: 256
Obama gets quite alot of money from BP
« on: May 05, 2010, 09:02:13 AM »

 BP and its employees have given more than $3.5 million to federal  candidates over the past 20 years, with the largest chunk of their money  going to Obama, according to the Center for Responsive Politics.  Donations come from a mix of employees and the company’s political  action committees — $2.89 million flowed to campaigns from BP-related  PACs and about $638,000 came from individuals.

On top of that, the oil giant has spent millions each year on lobbying —  including $15.9 million last year alone — as it has tried to influence  energy policy.

During his time in the Senate and while running for president, Obama  received a total of $77,051 from the oil giant and is the top recipient  of BP PAC and individual money over the past 20 years, according to  financial disclosure records.

I was always baffled with the logic that candidates get sponsorship from companies. It's just politically and morally unhealthy.