Saturday, October 30, 2010

How Quaint

Some people associated with the U.S. Chamber of Commerce expect them to actually give a shit:

...not all of the Chamber’s members are happy about its opaque political activities. Last week, a coalition of 275 institutional shareholders with $100 billion in assets under management from the Interfaith Center on Corporate Responsibility (ICCR) sent a letter to company directors who are members of the Chamber to express deep concern over the Chamber’s “extremely antagonistic position” on the Affordable Care Act. Concerned that the Chamber’s pursuit of an anti-health care agenda — especially with the possible use of “foreign monies” — may damage their reputation, these investors are demanding the Chamber reveal whether company dues are being used in this “ill-conceived strategy,”

Yeah, all this non-disclosure undermines democracy and helps reinforce an oligarchy, but at least health care ads keep them from spending even more money to deny global warming.

In any case, they'll still be enough money for the wealthy to get their escape pods when the time comes.


pansypoo said...

their aims lead to destruction. may they soon be at the guillotines.

Anonymous said...

If its fellow billionaires cut it off the Chamber will come to its senses, or be replaced. Money does have a big voice with those sorts.

Athenawise said...

"$100 billion in assets under management"?

Pffft. Gnats against an elephant. Won't make a dent. The Chamber tolerates them.