Posted on 10/22/2012 12:02:19 PM PDT by SoFloFreeper
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.
...The overlap between campaign fundraisers and donors to the purportedly independent super PAC help illuminate the increasingly blurred line between the two types of organizations. The Supreme Court gave super PACs the green light in 2010 when it reasoned that because super PACs were supposed to be entirely separate from politicians, super PACs could not be corrupting to those politicians even if they received millions of dollars.
148 people have given $10,000 or more to the super PAC, with 19 giving $1 million or more.
(Excerpt) Read more at washingtontimes.com ...
My best guesses:
1. Obamugabe is a pansy when it comes to standing up against China, and China is a big source of inventory for Wal-Mart. If Obamugabe played tough with China, China might "punish" Wal-Mart by slowing down their product distribution.
2. Obamugabe hates capitalism, but most of his hatred, for now, is targeted toward SMALL businesses...and Wal-Mart is likely big enough and rich enough to weather four more years. Besides, if small businesses in America are strangled to death by Obamugabe, Wal-Mart can more easily get a bigger share of the market.
Walmart loves Obamacare.
Now THERE is a great reason to not shop @ Walmart. Really have backed off from there anyway.
No more trips to Wallyworld for me!
Because Zero’s policies have been very good for Wallyworld. More people having to down grade makes sales go up. The answer is to stop spending your money with corps that are aligned against you.
The more people on food stamps the better for Walmart
Wal-Mart is hedging it’s bets.
If Obama wins, they will be looking for favors (crony capitalism) especially in regard to healthcare.
A small favor in that regard would more than offset the contribution.
Bye bye WallyMart.
That was the last straw.
Thankfully, we do have alternatives in my neck O’the woods.
My guess? Urkel promised no further runs at Walmart to unionize employees.
Guaranteed!
Something funny here, IMO.
Sam Walton was the founder of Wal-Mart & he died many years ago.
Unless there is a “Sam” Jr, someone is playing games. I know there were a couple of daughters.
PAC’S are not required to disclose their donor’s identities, IIRC.
Is someone playing a trick on Conservtives?
Doing that would kill me financially. I’m hooked - I gotta admit.
This million dollars might be some sort of bargain to keep the Obama administration from suing them again if they only donate some money.
Companies never put all of their eggs in one basket. Not the smart ones.
Payoff to keep Union bullies off their back.
ugh.. i can't think of any alternatives for me... this really stinks! our Walmart just became one of those super Walmarts with all the groceries, and i was loving the prices... just damn...
'E's a stiff! Bereft of life, 'e rests in peace! If you hadn't nailed 'im to the perch 'e'd be pushing up the daisies!
'Is metabolic processes are now 'istory! 'E's off the twig!
'E's kicked the bucket, 'e's shuffled off 'is mortal coil, run down the curtain and joined the bleedin' choir invisibile!!
THIS IS AN EX-CHAIRMAN!!
Empty chair supports empty chair.
Sam (Bob) Walton
Born 1944
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