Joined: Sat May 29, 2004 11:46 pm
|Under Wagoner, GM gave big to GOPUnder ousted chief executive Rick Wagoner, General Motors and its political action committee gave twice as much to Republicans as they did to Democrats.
From 2000, when Wagoner took over the Detroit-based auto-maker, through the end of last year, GM and its PAC contributed $1.7 million to Republican candidates and committees, compared only $815,000 to Democratic ones, according to a POLITICO analysis of Federal Election Commission and Internal Revenue Service records.
That balance skews slightly more towards the GOP than the political giving of the auto industry as a whole. Since 2000, the industry has given about 62 percent of its contributions to Republicans, according to an analysis by the non-partisan Center for Responsive Politics.
On the flip side, auto unions have titled their giving heavily to Democrats.
Wagoner, who has given $33,000 to GM’s PAC, has been much more balanced in his personal political giving. Over the years, he and his wife Kathleen have given $24,100 to Republican candidates and committees and $22,100 to Democrats ones.
Neither Wagoner nor GM’s PAC gave to Barack Obama or to his Republican rival John McCain during the 2008 presidential campaign.
"Behind every great fortune lies a great crime."
Honore de Balzac
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That other party, they work for people who don't need help.
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