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News :: DNC : Politics
Battle of the Corp-Bots!--Kerry (& Bush's) Conservative Funders
27 Jul 2004
Cover Story from the First issue of our Newspaper, "The Boston Independent", now available all over town. (check your local bettega, cafe, laundromat, bar, etc)

Most of the major contributors to John Kerry’s presidential campaign are corporations or employees of corporations that have ties to a network of organizations dedicated to moving the Democratic Party to the right. These organizations, which include the Democratic Leadership Council, the New Democrat Network, and the Progressive Policy Institute, are dedicated to pursuing a policy agenda that includes support for high levels of military spending and an aggressive role for the U.S. military around the world. Kerry has a history of political links to these organizations as well, and though he has been using progressive rhetoric during his campaign, the details and nuances of his positions indicate that Kerry is still dedicated to pursuing their conservative agenda.
Click on image for a larger version

MechElection_web.jpg
To some extent there is a split on Wall Street between those who are concerned that Bush’s foreign policy may be too heavy handed and may have alienated too many trading partners, and those who are quite happy with the administration’s performance.

JOHN KERRY AND THE “NEW DEMOCRATS”

Most of the major contributors to John Kerry’s presidential campaign are corporations or employees of corporations that have ties to a network of organizations dedicated to moving the Democratic Party to the right. These organizations, which include the Democratic Leadership Council, the New Democrat Network, and the Progressive Policy Institute, are dedicated to pursuing a policy agenda that includes support for high levels of military spending and an aggressive role for the U.S. military around the world. Kerry has a history of political links to these organizations as well, and though he has been using progressive rhetoric during his campaign, the details and nuances of his positions indicate that Kerry is still dedicated to pursuing their conservative agenda.
Kerry’s top contributors include employees of Citigroup, a major banking company which has also made large donations to the Democratic Leadership Council and the New Democrat Network, and the investment firms of Goldman Sachs and Morgan Stanley which have been major supporters of the Democratic Leadership Council. He also has indirect ties to another major Democratic Leadership Council contributor, Raytheon, the fourth largest weapons maker in the U.S., which has consistently supported the Massachusetts Democratic Party while the state’s Democratic Senators and Representatives, including Sen. Kerry, have consistently used their influence to bring in more weapons contracts for the company.
In August of 2000, Kerry signed onto the Democratic Leadership Council’s “Hyde Park Declaration,” a manifesto that reads:
“Our leaders should articulate a progressive internationalism based on the new realities of the Information Age: globalization, democracy, American pre-eminence, and the rise of a new array of threats ranging from regional and ethnic conflicts to the spread of missiles and biological, chemical, and nuclear weapons”
It is no wonder that one of the Democratic Leadership Council’s earliest and most generous contributors was Bernard Schwartz, CEO of the weapons maker Loral, and a member of the Board of Directors of Lockheed-Martin, the world’s largest weapons maker. Clearly the Democratic Leadership Council is working to sever the
Democratic Party’s links to the peace movement and drown out progressive, anti-war voices within the party. Kerry himself has received $163,971 in contributions from the weapons industry.
According to Mark Hand, editor of the internet-based publication, Press Action, Kerry’s foreign policy positions mirror those staked out in a recent document drafted by the Democratic Leadership Council’s think tank, the Progressive Policy Institute -- Progressive
Internationalism: A Democratic National Security. The authors of the document argue that they are seeking to reclaim the “tough-minded internationalism and a strong record in defending America” that they claim was embodied by the hawkish Cold War policies of Presidents Harry Truman and John F. Kennedy – a legacy that was lost when many Democrats turned away in revulsion at the horrors of the Vietnam War.
People who work for Wall Street investment firms like Goldman Sachs and Morgan Stanley and large banks like Citigroup support the message of the Democratic Leadership Council and similar organizations because they want the U.S. military to defend their economic interests but realize that in some cases Bush may have been too reckless and extreme. John Kerry’s personal story makes him the ideal candidate to carry that message. Hand quote’s Kerry -- “As a veteran of both the Vietnam War and the Vietnam protest movement, I say to both conservative and liberal misinterpretations of that war that it’s time to get over it and recognize it as an exception, not as a ruling example, of the U.S. military engagements of the twentieth century.” Kerry seeks to allow
Democrats who opposed the Vietnam War a way to distance themselves from the painful and difficult questions that war raised about the broader contours of U.S. foreign policy by writing it off as a mistake and aberration – just as he defines the war in Iraq as a just war fraught with strategic errors. Kerry has gained support from many in corporate America because he will put a new face on U.S. foreign policy without making any real changes.

BUSH’S DONORS

Two things stand out about Bush’s ten largest donors. First of all they are all investment, accounting, or financial services firms – companies that don’t actually make anything themselves, but rather profit from managing the money of people wealthy enough to invest part of their income. Secondly, many of the companies are also major donors to the Kerry campaign but have given significantly more money to Bush.
Bush has taken in significantly more money from industries that directly benefited from the war in Iraq than Kerry has. He has raised $648,388 from the weapons industry, compared to Kerry’s $163,971; and he raised $3,895,938 from the energy industry compared to Kerry’s $367,892.
In the end, however, the similarities between Bush and Kerry’s funding bases are more striking than the differences. Both campaigns are being driven by donations from companies that benefit immensely from the status quo, and neither campaign will stray far from the agenda those corporations lay out. Any way you look at it, the corporations win and we lose.

-For the full pdf of the paper see http://boston.indymedia.org/pdf/Independentv1i1_Web.pdf

--To help the Boston Independent become a bi-weekly paper this coming august you can make a tax deductible donation using the link at the left side of our front page; "Make A Donation".

This work licensed under a
Creative Commons license.
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Re: Battle of the Corp-Bots!--Kerry (& Bush's) Conservative Funders
28 Jul 2004
So whats the answer? Both Kerry and Bush are beholden to their ilk in the Right-Wing-Corporate Elite!!!

US Presidential Elections (like US Congressional and Senate Election campaigns) are "Gargantuan Monstrosities" that only survive by devouring untold bank loads of cash! Who supplies those bank loads of cash but the wealthy Right Wing minority - who in so "feeding" and nuturing that ravenous and greedy political beast, ipso facto lays claim to its rightfull ownership!

Will average American citizens,who make up the vast majority of voters, do something to change this corrupt,lop-sided,minority run system? Well they've done very little so far!!!