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Wal-Mart boss Sam Walton funding Obama big time
Washington Examiner ^ | 10/22/12

Posted on 10/22/2012 3:47:27 PM PDT by Evil Slayer

Can we stop pretending that Barack Obama’s candidacy is some grass-roots uprising?

Obama’s campaign has outspent Romney’s campaign. The Democratic National Committee has outspent the Republican National Committee. While Romney’s SuperPAC (Restore our Future), has outspent Obama’s SuperPAC (Priorities USA), that $40 million Romney SuperPAC edge doesn’t come close to making up for the Obama campaign’s $180 million edge.

There is legally undisclosed spending going on here, and there’s reason to believe Romney benefits from more of it than Obama, but that’s not conclusive, and we don’t know how big Romney’s edge is in that category.

Obama argues that his fundraising success comes from small donors, but that’s not really true. One out of every five Obama dollars comes from the campaign’s biggest bundlers, the Center for Pubic Integrity reports. Those bundlers include the likes of Pfizer lobbying chief Sally Susman and financier Michael Kempner of the MWW group.

A full 85 percent of Obama’s SuperPAC money comes from his 20 largest donors (compared to 70 percent of the money raised by Romney’s SuperPAC), according to Russ Choma at the Center for Responsive Politics.

My favorite detail, though, is this Washington Times report by data hound Luke Rosiak: Wal-Mart Chairman Sam Walton has apparently given big to Obama’s SuperPAC.

This is at first surprising for a couple of reasons. First, the Waltons tend to be Republican. Second, the conventional wisdom is that megacorps like Wal-Mart are a Republican thing.

But Sam Walton gave the maximum $30,800 to the Obama Victory Fund in 2008, and $40,000 to the OVF this election.

Policy-wise, there’s plenty of reason for Sam Walton to like Barack Obama: 1.Wal-Mart endorsed the employer mandate in ObamaCare, which gives Wal-Mart an advantage by crushing smaller competitors. 2.Wal-Mart has profited from Dodd-Frank, which fixes the price Wal-Mart has cards.

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: Crime/Corruption; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: billionaires; dnc; fundingtheleft; obamacare; obamassuperpac; retail; rnc; samwalton; superpacmoney; walmart
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1 posted on 10/22/2012 3:47:32 PM PDT by Evil Slayer
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To: Evil Slayer

Like I was inofrmed yesterday, Sam Walton is dead.

It’s his evil heirs.


2 posted on 10/22/2012 3:50:08 PM PDT by onyx (FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
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To: Evil Slayer

Show Walmart how much we appreciate it. Stop doing business with Walmart. If you keep giving your money to those how are aligned against you, you we always come up on the short end.


3 posted on 10/22/2012 3:51:14 PM PDT by Snuph ("give me Liberty...")
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To: Evil Slayer

I never liked Wal-Mart too much. Of course if Obama gets another 4 years, all of us will be poor and only be able to afford to shop at Wally World and nowhere else and only eat at McDonald’s that are located in most Wal-Marts.

I avoid the place like the plague.....


4 posted on 10/22/2012 3:51:14 PM PDT by CORedneck
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To: Evil Slayer
WalMart just finished going through a trumped-up lawsuit that they treated women unfairly.

Chances this "donation" is really a promise from Obama that they will not be sued again as long as they "pay up."

5 posted on 10/22/2012 3:51:23 PM PDT by Slyfox
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To: Evil Slayer

Show Walmart how much we appreciate it. Stop doing business with Walmart. If you keep giving your money to those how are aligned against you, you will always come up on the short end.


6 posted on 10/22/2012 3:51:29 PM PDT by Snuph ("give me Liberty...")
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To: onyx

Jump to: navigation, search
S. Robson Walton
Born October 28, 1944 (age 67)[1][2]
Tulsa, Oklahoma
Residence Bentonville, Arkansas[1]
Citizenship United States
Education University of Arkansas
Columbia University School of Law
Occupation Chairman of Wal-Mart
Known for Walton family fortune
Net worth Increase US $21 billion (est.)
(2011)[1]
Spouse(s) unknown (div.), 3 children[3]
Carolyn (div.), no children[4]
Parents Sam Walton, Helen Walton

Samuel Robson “Rob” Walton (born October 28, 1944)[5][1][2] is the eldest son of Helen Walton and Sam Walton, founder of Wal-Mart, the world’s largest retailer. He is currently (as of 2012) chairman of the worldwide company. According to Forbes, his net worth was $21 billion as of 9 March 2011.[1]

Walton attended The College of Wooster and graduated from the University of Arkansas in 1966 with a bachelor of science degree in business administration. He received a juris doctor degree in 1969 from the Columbia University School of Law in New York City. Walton is also a trustee at The College of Wooster.[3]

After graduation Walton became a member of the law firm which represented Wal-Mart; Conner and Winters in Tulsa, Oklahoma.[3] In 1978 he left Tulsa to join Wal-Mart as a senior vice president[3] and in 1982 he was appointed vice chairman.[6]

He was named chairman of the board of directors of Wal-Mart on April 7, 1992, two days after his father’s death, and still maintains that title.

(This poor reporting confused a bunch of FReepers.)


7 posted on 10/22/2012 3:52:11 PM PDT by stephenjohnbanker ((God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.))
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To: Evil Slayer

Been looking for a good reason to boycott Walmart. Let’s have the rest of the list, who else is pulling this crap.


8 posted on 10/22/2012 3:52:31 PM PDT by gotribe (He's a mack-daddy http://www.youtube.com/watch?v=AV415yit7Zg)
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To: Evil Slayer

Interesting, democrats not only vote when dead, but they donate too!


9 posted on 10/22/2012 3:52:53 PM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: Evil Slayer

He’s comfortable the status quo he gets with oblunder on China.

Also the worse the economy is the more people stretch their dollar shopping at walmart.


10 posted on 10/22/2012 3:53:34 PM PDT by diverteach (If I find liberals in heaven after my death.....I WILL BE PISSED!!!)
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To: Evil Slayer

Certain companies like Walmart get endlessly hammared with bogus lawsuits from the libbers.
McDondalds is another one.
You saw how the homos hammared Chic-fil-a.
Its the same thing they did to Gingrich..Palin..Cain.


11 posted on 10/22/2012 3:56:32 PM PDT by Leep (Forward! to serfdom)
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To: onyx

Rich people vote for Democrats. That’s the way it is.


12 posted on 10/22/2012 3:57:44 PM PDT by nickcarraway (Look, I was an independent during the time of Reagan-Bush. I’m not trying to return to Reagan-Bush.)
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To: Evil Slayer

No mention of food stamp money, billions end up in Walmart’s coffers, no doubt.


13 posted on 10/22/2012 3:58:26 PM PDT by Kenny500c
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To: gotribe
In my opinion, it's Rob Walton's son Sam R. Walton, who has no connection to WalMart, owns an environmental company, contributed to Obama in 2008, and goes on trips with Jimmy Carter.

He and his dad don't see eye to eye politically.

14 posted on 10/22/2012 3:59:38 PM PDT by Leroy S. Mort
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To: onyx
Walmart has a drug prescription deal with Medicare
I have been seeing the commercials all weekend pushing it.

Funny how the libs always trashed Walmart in the past now they are in bed with them figures.

15 posted on 10/22/2012 3:59:53 PM PDT by funfan
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To: CORedneck

I prefer Meijer stores. They’re competitively priced and there are two of them near me. Unfortunately they’ve remained a regional store mostly in the midwest.


16 posted on 10/22/2012 4:01:04 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: onyx

Horrors! An EVIL UNGRATEFUL CHILD!


17 posted on 10/22/2012 4:01:49 PM PDT by WashingtonSource
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To: stephenjohnbanker

My daughter is good friends with one of the them and I’ve met them through her.

Nice folks, but I didn’t know at the time that they were democrats or I would have said a whole lot....LOL.


18 posted on 10/22/2012 4:02:22 PM PDT by onyx (FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
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To: stephenjohnbanker

Somewhat surprising — since in the past Robson Walton gave almost exclusively to Republican candidates. There are several possible explanations — it could have to do with China, or could be the equivalent of giving a mugger $20 to avoid worse things happening. With a net worth of $21 billion, giving $1 million is the same as a simple millionaire giving $47.62.


19 posted on 10/22/2012 4:02:55 PM PDT by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: funfan

I buy my scripts at Walmart.


20 posted on 10/22/2012 4:03:05 PM PDT by onyx (FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
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