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Finance sector invests heavily in candidates
When former Texas Senator Phil Gramm came out of the Tavern on the Green one recent August morning, his disposition turned edgy. Now a vice chairman of the Swiss financial corporation UBS, he had just left his colleagues at the Financial Services Roundtable breakfast. He wasn't keen on talking to waiting journalists, certainly not to the CorpWatch team.
Electronic Voting Machines Add Uncertainty to Close Election Race
Across the U.S., dozens of election commissions, county clerks and voting registrars are scrambling to maintain public confidence in an election system shaken by the Florida 2000 debacle and challenged by security flaws in hi-tech electronic solutions. In the swing states, where the presidential election is expected to be close, 14 of 20 states will be experimenting with untested technology.
The extravagant spectacle is expected to dwarf the record $95 million spent by Democrats this year. In fact, the Republicans will spend more than the $130 million raised by Al Gore for his entire 2000 campaign.
Media corporations give millions, receive billions. The cost for two weeks of ad-driven debate on Kerry's military record cost almost $1 million. Political advertising will bring over $1.5 billion to media corporations this election season. In turn they will invest millions in campaign contributions and lobbying. Meanwhile, substantive political coverage continues to decline.
From New York Mayor Michael Bloomberg's Time-Warner extravaganza to New Mexico Senator Pete Domenici's connections to nuclear and fossil fuel companies, CorpWatch joins with Democracy Now! to reveal the facts, figures, and faces the corporate media won't cover.
Tobacco Industry Saves on Soft Money, Spends On Advertising and Lobbyists The quadrennial special-interest cash race is on. Although the McCain-Feingold Act has blocked some of the flow, the political system is still awash with tobacco dollars.