Corporate Campaign Contributions Show Some Industries Giving Up Appearance Of Bipartisanship

WASHINGTON — Money traditionally follows power in the nation’s capital. As a result, corporate campaign contributions have historically been split among incumbents of both political parties, with a decided advantage for whichever controls Congress and the White House.

But that pattern has begun to fray, as companies in some major industries that see a threat from federal regulations — most notably the energy sector — appear to have deepened bonds with the Republican Party, with which they share increasingly indistinguishable goals.

“Since they’re trying to block regulation or block new laws, a single party can do the job for them,” said Robert Weissman, president of the consumer group Public Citizen. “So it makes sense to deepen the relationship there.”

Continue Reading: http://www.huffingtonpost.com/2012/04/26/corporate-campaign-contributions-industries-bipartisanship_n_1456071.html

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