Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Monday, January 21, 2013

Inaugural Corporate Donors Include Bank Of America, Coca-Cola, Microsoft

President Obama’s second welcome into office will be brought to you by Bank Of America, Coca-Cola and Microsoft.

Those three companies are among the many backers of Obama’s inaugural festivities, according to a list posted by the Presidential Inaugural Committee. Other corporations donating to fund the president’s pomp and circumstance include AT&T and FedEx.

Organizations with lobbying arms that are backing the inauguration -- which include labor unions in addition to major corporations -- have spent $283 million lobbying since Obama first took office, according to an analysis from the Center for Public Integrity. Obama banned individual lobbyists and political action committees from donating to his inaugural festivities; they can’t even buy inauguration swag online, according to the Washington Post.

The corporate-backed inauguration is a departure from Obama’s first-term policy. In 2009, the president shunned corporate donations for his inauguration and instead raised the $50 million to cover the festivities from other sources, according to the Wall Street Journal.

This year though, Obama’s individual donors are worn out. The president won reelection thanks to the most expensive campaign in history, which clocked in $1.4 billion. After the pricey campaign, committee officials were concerned that they wouldn’t be able to raise the necessary funds for the festivities and so they opened it up to corporations, the New York Times reported in December.

Of course Obama isn't alone in accepting corporate donations for his inauguration. Many of the company's backing this year's festivities -- including Coca-Cola and Microsoft -- donated to George W. Bush's first inaugural committee in 2005, according to the Washington Post.

Original Article
Source: huffington post
Author: Jillian Berman

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