Industry Gushed Money After Reversal on Drilling (McCain)

[babsbunny]

http://www.washingtonpost.com/wp-dyn/content/article/2008/07/26/AR2008072601891.html?hpid=topnews

By Matthew Mosk
Washington Post Staff Writer
Sunday, July 27, 2008; Page A10

Campaign contributions from oil industry executives to Sen. John McCain rose dramatically in the last half of June, after the senator from Arizona made a high-profile split with environmentalists and reversed his opposition to the federal ban on offshore drilling.


Oil and gas industry executives and employees donated $1.1 million to McCain last month -- three-quarters of which came after his June 16 speech calling for an end to the ban -- compared with $116,000 in March, $283,000 in April and $208,000 in May.

[Kdillard]

1. Surprise, surprise. Follow the money indeed.

[KittyWampus]

2. How can I circumvent DU rules and recommend this post 100 times?

[bluerum]

3. Can we call it corporatism yet?

See the Wikipedia entry for corporatism

Franklin D. Roosevelt in an April 29, 1938 message to Congress warned that the growth of private power could lead to fascism:

The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power.

on edit - changed nationalism to corporatism