Super PAC Donors Have Corporate Bribery Issues

"A federal law to prevent U.S. companies from paying bribes to business overseas recently came to the forefront when The New York Times reported that Walmart officials had covered up alleged bribes made by company representatives in Mexico. The retail giant faces federal investigation for violating the Foreign Corrupt Practices Act (FCPA). Wealthy individuals connected with Walmart have meanwhile taken advantage of new campaign finance rules that allow for unlimited contributions -- and raise fears of unlimited influence over a future administration. Jim and Alice Walton, children of the founder of Walmart, have contributed $200,000 each to Restore Our Future, the super PAC supporting Republican presidential candidate Mitt Romney's campaign...The Waltons are not alone among super PAC donors with businesses facing FCPA investigation. At least three other major contributors currently have FCPA worries, and others may be looming. The U.S. Chamber of Commerce, another big-money campaign spender, continues its lobbying to loosen enforcement of the anti-corruption law...".* The Young Turks host Cenk Uygur breaks it down.

*Read more here from Paul Blumenthal in The Huffington Post: http://www.huffingtonpost.com/2012/06...

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• Category

  News & Politics

[DeFactoEdeal]

WolfPAC isn't a superPAC. It is a political action group that seeks to end the current reign of legalized bribery.

[DeFactoEdeal]

Those European countries are not functioning on a purely socialistic system, just as our country is not entirely capitalistic. And those countries were not properly vaccinated(weak economy) when Wall Street decided to sneeze. I listen to multiple news sources(including foreign). "listen to Rwush Limpaugg talk out of his arse" I corrected you.

[swisshakilla]

FACT: Over 3 quarters of registered democrats are apart some form organized religion.

I think you believe the "liberal media" (which is at times hostile towards religion) & MOST Americans are the same.

America is still a God fearing nation.

The republicans aren't the only ones who have faith...

[krumble104]

Except your country's bullshit has a disproportionate effect on the rest of us.

[Silberdachs]

If that's so, then the USA is a totally corrupt shit hole.

[Silberdachs]

Republicans: beyond hypocrisy, beneath contempt.

[synapse131]

Really? Then why are so many dems Christians? Only a small proportion are atheists (an actual fact; try them some time.) You really enjoy the ad-hom troll thing, don't you? You really want to kill jews, blacks, muslims, asians, and anyone who doesn't look like you. Republicans hate EVERYBODY except their own wealthy, white buddies. Tit for tat asshole.

[synapse131]

Nice try asshole. I had the same urge to kill a few terrorists as you. Fuck off.

[synapse131]

A grassroots PAC at that.  SuperPACS take corporate money.