Posted on 10/20/2012 9:00:48 PM PDT by Steelfish
Wal-Mart Chairman Gives $1M To Obama Super PAC; Bundlers Moonlight As Super PAC Donors
By Luke Rosiak October 20, 2012 The super PAC backing President Obama raised $15 million last month, including $1 million from Sam Walton, the chairman of Wal-Mart, a traditional Republican-leaning organization.
Also contributing $1 million to Priorities USA was filmmaker Steven Spielberg, whose colleague Jeffrey Katzenberg is an Obama bundler and gave $1 million himself. Fred Eychaner, who has raised at least half a million dollars from acquaintances for the Obama campaign, gave $2 million personally to the super PAC.
(Excerpt) Read more at washingtontimes.com ...
Shame on you, Sam Walton.
Now I don’t feel so bad that Walmart was banned by NYC
Hmmm? Was it given out of fear or stupidity?
Sam Walton has been dead for quite some time, shame on his heirs. Ol’ Sam’s spinning in his grave. His Walmart proudly stocked and advertised Made in USA products. His heirs ushered in Chinamart.
Meanwhile the unions are organizing and planning strikes against Walmart.
The Obama campaign borrowed $15 million from Bank Of America. (It was either Oct 2012 or last month). I don’t think the story has been posted on FR yet.
This is true. Conservatives need to hit back with a vengeance.
Walmart pays tribute to each party, But paying off Obama, it really is akin extortion.
Rob Walton is Chairman of Walmart. What else did this story get wrong?
http://www.freerepublic.com/focus/f-news/2947754/posts
http://www.freerepublic.com/focus/f-bloggers/2947638/posts
He didn’t build that.....his daddy did!
None of the Walton kids are anything like Sam Walton, born with a silver spoon (& a trust fund) didn’t help.
Political giving
Federal giving
Since the 2006 federal election cycle began, Rob Walton has given $135,500 in federal political contributions. Of that total, $12,600 went to Wal-Mart Stores or Arvest Bank Group; of the remaining $122,900, 73% went to Republicans. The only Democrat or Democrat-affiliated group he has given to other than former Arkansas Senator Blanche Lincoln is Barack Obama ($2,300 in October 2008) and the DNC ($28,500 in October 2008).
Examples of state-level giving
California: In 2005, Arizona resident Rob Walton donated $250,000 to “Yes on 77,” a group formed in support of California’s Proposition 77. Had it not been defeated by California voters, Proposition 77 would have given authority to redraw congressional and legislative districts to three retired judges, shifting that power from the Democrat-controlled General Assembly and strengthening the Republican governor’s hand.
*******
June 2012
The meeting, which capped a weeklong slate of events, follows a story by The New York Times in April that the world’s largest retailer allegedly failed to notify law enforcement after finding evidence that officials authorized millions of dollars in bribes in Mexico to get speedier building permits and other favors.
Following the allegations, it’s been reported that federal authorities in the U.S. and Mexico are investigating Wal-Mart for potential violations. Investors are suing top executives. And some shareholders are calling for the removal of several board members, including Walton, Duke and former CEO Lee Scott.
Wal-Mart disclosed in a regulatory filing late Friday that several executives including Duke, Scott, and Walton are the target of 11 “derivative” lawsuits, a type of legal action that seeks to change corporate governance. The lawsuits charge that the executives neglected their responsibilities in handling the alleged bribery scandal. Wal-Mart also noted in its filing that a securities class action lawsuit was filed against the company on May 7.
Sam Walton is dead, Jim.
If this is true, I’m DONE with Walmart. Hardly go to any other store. Man this will break my heart.
Maybe Luke has been doing too much choom with nobama? Sam Walton, creator of Wal*Mart, died in April, 1992.
“Rob Walton is Chairman of Walmart. What else did this story get wrong?”
He isn’t “Republican leaning”, he is self-serving.
Finally, a legit reason to avoid WalMart. I mean, c’mon... Donating to Obama? What is this idiot thinking???
I know dead people vote in Chicago all the time, but not in Bentonville...
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