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thornhappy -> RE: Tea Party Radicals - Astro Turf Manipulation (9/19/2010 5:54:40 PM)
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FR:
Personally I think that no media company should make political contributions to anyone.
Regarding contributions (after the $1 million contribution by Fox to the Republican Governor's Association:
Bloomberg was the first to report the contribution, based on the RGA's Internal Revenue Service filings. A review of the News Corporation IRS filings by CNN shows that a subsidiary of the company called News America Inc. made additional donations to both Democrats and Republicans in the 2010 election cycle, including $50,000 to the Democratic Attorneys General Association and $65,000 to the Republican State Leadership Committee. Those committees, as well as their Democratic counterparts, are 527 groups, meaning they are not subject to campaign finance contribution limits. While News Corporation has used its political action committee to shower Democrats with campaign contributions, the total of those donations is dwarfed by the $1 million check it cut to the RGA.
Data collected by CQ Moneyline shows that News Corporation, through its political action committee, has contributed over $105,500 to Democratic candidates in the 2010 election cycle, while donating $74,700 to Republicans during the same time period. News Corporation's PAC has also donated $7,500 to Democratic-affiliated leadership PACs and $14,500 to GOP-related PACs. News Corporation, owned by Rupert Murdoch, has also given a total of $45,000 to other Democratic and Republican committees.
On the Democratic side, that includes $30,000 to the Democratic Congressional Campaign Committee and $15,000 to the Democratic Senatorial Campaign Committee. As for Republicans, News Corporation donated $30,000 to the National Republican Congressional Committee and $15,000 to the National Republican Senatorial Committee.
A corporation's PAC is subject to a maximum spending limit of $5,000 per candidate per year and $15,000 per political party per year.
News Corporation is not alone among media corporations who donated to political parties and candidates, ultimately raising the issue of whether media companies and politics should mix.
"This is one piece of the puzzle that the public should consider when they are viewing coverage of politics," said Sheila Krumholz, executive director of the Center for Responsive Politics.
General Electric, which owns NBC, has also made substantial political contributions in the 2010 election cycle. For example, GE donated $688,900 to Democrats through its PAC this election cycle compared to $410,100 to Republicans. The company has also given $75,500 to Democratic-affiliated leadership PACs and $74,500 to Republican-affiliated leadership PACs.
Meanwhile, GE has donated $237,000 to the Democratic Governors Association and $205,000 to the Republican Governors Association.
The PAC of Time Warner, the parent company of CNN has given $70,500 to Democratic candidates in the 2010 election cycle compared with $41,500 to Republicans. Time Warner also donated $5,000 to the Democratic Senatorial Campaign Committee.
The political action committee for Viacom, the parent company of CBS, has contributed $108,700 to Democratic candidates this election cycle and $64,000 to Republicans, according to CQ Moneyline. The PAC has also contributed $22,000 to Democratic-affiliated leadership PACs and $21,500 Republican-affiliated leadership PACs. Viacom also donated $4,000 to the Pennsylvania Democratic Party last April.
And Disney, the parent company of ABC, has given $110,500 to Democratic candidates and $95,000 to Republicans through its PAC. It has also donated $16,000 to Democratic-affiliated leadership PACs and $20,000 to Republican-affiliated committees. Disney has also given $11,000 to Democratic Party PACs and $20,000 to Republican Party PACs.
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