Monday, November 3, 2008

Tech Industry Corporate Donors: All About Obama

Which industry is suffering in extreme fashion in the current economic doldrums? Banking.

Which industry has managed to mostly sidestep the coming recession and (at least in comparison to others) remain intact? Certain major companies in the tech industry. I.E.: Google, Microsoft, and Apple.

Which corporate donor gave the second-most amount of money to Barack Obama's campaign this year? Google, whose employees gave a total of $727,000 to Obama's campaign. Google only has 20,000 employees.

Which corporate donor gave the most amount of money to Obama's campaign? Microsoft, whose 90,000 employees gave a grand total of $730,000 of public funding to Obama's campaign. These numbers, of course, do not count the emormous amounts given by both companies to the DNC, and Democratic Senatorial Campaign Committee, as well as numerous political action committees.

Oh, and which corporate sponsor gave John McCain's campaign its largest public donation? Citigroup, a suffering national bank, whose employees only gave McCain a public total of $223,500. Not so good.

Just in case you're wondering, Google's employees only gave McCain a public total of $20,000 (barely the cost of a Chrysler, for God's sake!) while Microsoft's employees only gave McCain's campaign $65,000.

Corporate donors give in order to get paybacks when a candidate is elected. The tech industry will continue to thrive in the next administration, and its leaders expect to work closely with the next president. No one thinks John McCain has a prayer of getting elected, unless there are major election shenanigans. You do the math.

No comments: