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URL:  https://boards.fool.com/dems-break-pledge-not-to-use-corporate-donations-30327213.aspx

Subject:  Dems Break Pledge not to use Corporate Donations Date:  10/18/2012  11:32 AM
Author:  jjbklb Number:  649539 of 888931

...RALEIGH, N.C. — The Democratic National Convention relied on at least $5 million in corporate donations, despite repeated pledges by top party officials only to use money raised from individuals....

...."This convention will be different,"Democratic Chairwoman Wasserman Schultz said last year at the convention kickoff event in Charlotte. "We will make this the first convention in history that does not accept any funds from lobbyists, corporations or political action committees. This will be the first modern political convention funded by the grassroots, funded by the people."
In addition to spending cash from corporate sponsors on direct convention expenses, records show much off the $24 million billed as being raised from individual donors came from special interest groups that employ lobbyists, corporate-funded foundations and the very wealthy.



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