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Democratic National Convention Bought and Paid for by AT&T, Time Warner Cable

Phillip Dampier October 22, 2012 AT&T, CenturyLink, Google Fiber & Wireless, Public Policy & Gov't, Verizon No Comments

Despite a pledge to run this year’s Democratic National Convention in Charlotte, N.C., without a penny of corporate money, a new filing with the Federal Election Commission reveals Democrats raised millions from AT&T, Time Warner Cable, and several big banks and energy companies.

Convention officials originally promised the convention would be self-sustained without corporate money, but that promise was long gone with last week’s quiet report to the FEC. Millions arrived courtesy of a convention civic committee that openly welcomed corporate cash.

The Los Angeles Times reports New American City, which paid for hospitality and administrative costs, raised $19 million — nearly all from corporations.

Digging deeper into the FEC filings, Stop the Cap! reveals where some of the Democrat’s money came from and where some of it went:

  • AT&T spent $175,475 on “delegate bags” decked out with AT&T’s logo and $123,087 on “catering for suites.” That was in addition to a straight $1 million cash contribution;
  • Time Warner Cable handed over $600,000 . The cable company was also the premier sponsor of the host committee’s media welcome party;
  • CenturyLink handed over $10,500 to the DNC via New American City;
  • Google Foundation contributed $100,000;
  • National Cable Satellite Corporation (parent company of cable-industry financed C-SPAN): $2,500
  • Turner Broadcasting System (now owned by Time Warner (Entertainment)): $25,000
  • Verizon Wireless handed over $50,000

While accepting the contributions violates the Democrats’ commitment not to accept corporate money, election observers concerned with the pervasive influence of corporate cash are not giving Republicans a free pass. With no restrictions on fundraising, the GOP raised nearly $56 million from AT&T and other telecommunications entities, big oil and gas companies, hedge fund managers, big banks, and wealthy individuals.

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