1. We have added a Gift Upgrades feature that allows you to gift an account upgrade to another member, just in time for the holiday season. You can see the gift option when going to the Account Upgrades screen, or on any user profile screen.
    Dismiss Notice

Fortune 500 CEOs Favor Dems

Discussion in 'Off-Topic' started by downtown, Nov 27, 2007.

  1. downtown

    downtown Crafternoon Delight

    Joined:
    Jun 11, 2004
    Messages:
    19,539
    Location:
    Chicago
    And the link!

    I...I don't even know what to think anymore!!
     
  2. Fifty

    Fifty !!!!!!!!!!!!!!!!!!!!!!!!!

    Joined:
    Sep 3, 2004
    Messages:
    10,649
    Location:
    an ecovillage in madagascar
    I think to someone looking in from the outside (Europe), this won't be all that surprising given the actual similarity of the respective ideologies of the dems and the gop.
     
  3. Bast

    Bast Protector of Cats

    Joined:
    Jun 9, 2004
    Messages:
    6,026
    Location:
    Sydney, Australia
    Well I'm looking in from Australia and with the recent election here too, it appears that with regard to business and economy, both the major parties' attitudes are somewhat the same. And isn't that what it should be? Why should the socially conservative/economically liberal parties have the monopoly on business and economic issues?

    I see a lot of differences between what the Democrats stand for and what the Republicans stand for in issues like health, climate change and education. And those are the really important issues. Same here in Australia.

    Or maybe they think a Democrat will win this election so they're trying to get their money on the right horse.
     
  4. El_Machinae

    El_Machinae Colour vision since 2018 Retired Moderator

    Joined:
    Nov 24, 2005
    Messages:
    43,361
    Location:
    Pale Blue Dot youtube=wupToqz1e2g
    I think the difference is that people who study economics realise that you need proper investment into infrastructure and educational resources to be maximally profitable. All 500 members want America to be as wealthy as possible, so they can get top grade employees and wealthy customers.
     
  5. Fëanor

    Fëanor Chieftain

    Joined:
    Dec 26, 2001
    Messages:
    3,626
    Location:
    Nirvana
    the US is looking increasingly like a one party democracy :lol:
     
  6. Stewbert 08

    Stewbert 08 Prince

    Joined:
    Aug 27, 2007
    Messages:
    591
    Try looking at a sample size >17?

    Or, you know, follow the money*. Which party's policies have benefited the rich the most in the past 16 years?


    *largesse, for you frenchies.
     
  7. Stewbert 08

    Stewbert 08 Prince

    Joined:
    Aug 27, 2007
    Messages:
    591
    That said, I agree with Fifty.
     
  8. Keshik

    Keshik TJ's Daddy

    Joined:
    Mar 19, 2004
    Messages:
    706
    Location:
    Kentucky
    It's basically a 50/50 split, much like the electorate in general. Why should CEO's be different from the rest of the population?
     
  9. OscarWildebeest

    OscarWildebeest Prince

    Joined:
    Oct 12, 2006
    Messages:
    479
    Location:
    London, UK
    I'm afraid that's the most likely explanation. I wonder how many 'favours' the next President will have to return to his (or her...) donors.
     
  10. Masquerouge

    Masquerouge Deity

    Joined:
    Jun 3, 2002
    Messages:
    17,790
    Location:
    Mountain View, CA
    I had an impression after reading some things about people like Warren Buffet and Bill Gates that a decent amount of CEOs are not exactly sharing the moral conservative values of Republicans. And given that, as Fifty said, for a non-American both parties are equally pro-business, I'm not that surprised by this result. If both parties will take equal good care of your money and business, why not supporting the party that is closest to your non-business interests?
     
  11. amadeus

    amadeus Bring back the Civ2 theme!

    Joined:
    Aug 30, 2001
    Messages:
    32,798
    Gender:
    Male
    Location:
    Osaka (大阪)
    Not too surprising.

    After all, income taxes only tax new wealth, not wealth already owned.
     
  12. Fifty

    Fifty !!!!!!!!!!!!!!!!!!!!!!!!!

    Joined:
    Sep 3, 2004
    Messages:
    10,649
    Location:
    an ecovillage in madagascar
    It would be interesting to see how the numbers change if we are talking about people on the Board of Directors (i.e. major shareholders) in Fortune 500 companies, as opposed to the CEOs.
     
  13. downtown

    downtown Crafternoon Delight

    Joined:
    Jun 11, 2004
    Messages:
    19,539
    Location:
    Chicago
    Well, I think you and I would both agree that Republican policies over the last decade or so have been much more benefical to the rich, than to the poor. It would stand to reason then, if economic concerns were the highest priority, that wealthy donors would give to the GOP much more than to the Democratic party. The fact that this fundraising gap is closing, to me, signals a significant demographic shift.

    Because this flies in the face of conventional poltical wisdom. If 50%..hell, 30% of Black voters began donating to Republicans, it would be a major political development. Look who is getting the most money from Fortune 500 companies! Hillary Clinton, the "Socialist!"
     
  14. Stewbert 08

    Stewbert 08 Prince

    Joined:
    Aug 27, 2007
    Messages:
    591
    The very rich only need continue breathing to generate more money.

    Give me a sufficiently large pile of money and I and my heirs will be rich without ever breaking a sweat. The salary of a stable of financial advisers who know how and where to invest my money will easily be smaller than the profit turned. The remainder will allow me to live out my lifetime in ease.

    My money's working hard. I, on the other hand, sure as hell am not. I am effectively living off the interest earned by the financial acumen of others.

    Pop quiz: which party recently eliminated the tax on stock portfolios?









    BTW, I don't mean to discriminate. The Republicans are the party of new money, obviously, but they're the party of old money too.

    Pop quiz II: which party hates the Paris Hilton estate tax?
     
  15. amadeus

    amadeus Bring back the Civ2 theme!

    Joined:
    Aug 30, 2001
    Messages:
    32,798
    Gender:
    Male
    Location:
    Osaka (大阪)
    Uh-huh, yeah... that's totally how business works. Sure. :lol:
     
  16. Felix Luce

    Felix Luce Warlord

    Joined:
    Mar 9, 2007
    Messages:
    276
    Location:
    Somewhere
    Of course. Ten breaths is equivalent to about 5mg of gold.
     
  17. Oerdin

    Oerdin Deity

    Joined:
    Mar 30, 2002
    Messages:
    2,881
    Location:
    San Diego, CA, USA
    It's just like 2000. These guys love to bribe, er... "ciontribute" to, the obvious winner. They are faithless and just hoping to pay the winner off enough to get special access once she is in office. Their support blows with the wind.
     
  18. STATS

    STATS Habitual Wonder Builder

    Joined:
    Aug 24, 2006
    Messages:
    37
    Location:
    Raleigh, NC
    All major democrats (senators/presidential candidates) are elitist hypocrites who use minorities and the disenfranchised.
     
  19. amadeus

    amadeus Bring back the Civ2 theme!

    Joined:
    Aug 30, 2001
    Messages:
    32,798
    Gender:
    Male
    Location:
    Osaka (大阪)
    And in other news...

     
  20. JerichoHill

    JerichoHill Bedrock of Knowledge

    Joined:
    Nov 23, 2005
    Messages:
    10,384
    Location:
    Washington DC
    Stewbert 08

    Give me a sufficiently large pile of money and I and my heirs will be rich without ever breaking a sweat. The salary of a stable of financial advisers who know how and where to invest my money will easily be smaller than the profit turned. The remainder will allow me to live out my lifetime in ease.
    Ah, thats the surest way to lose money! Financial advisors will suck out at least half of your profits, and then there's inflation, and a gamut of other fees.
     

Share This Page