Oil owns McCain

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Oil owns McCain

Postby RD » Thu Aug 07, 2008 10:28 am

Don't look to McCain to work very hard on reducing our dependence on oil...


Did New York couple give $61,600 to McCain, GOP?

Washington - Alice Rocchio is an office manager at the New York headquarters of the Hess Corp., drives a 1993 Chevy Cavalier and lives in an apartment in Queens, N.Y., with her husband, Pasquale, an Amtrak foreman.

Despite what appears to be a middle-class lifestyle, the couple has written $61,600 in checks to John McCain's presidential campaign and the Republican National Committee, most of it within days of McCain's decision to endorse offshore oil drilling.

At a June fundraiser, the Rocchios joined top executives at Hess Corp. - Chairman and Chief Executive Officer John Hess, his wife, Susan, his mother, Norma Hess, and six other officials in giving a total of $313,500 to a joint McCain-RNC fundraising committee, Federal Election Commission records show.

The donations, first traced by Campaign Money Watch last week, were part of $1.2 million in oil industry contributions to McCain's Victory '08 Committee, 73 percent coming after McCain reversed his long-held opposition to offshore oil drilling. The non-partisan watchdog group said oil executives and their spouses from Colorado, Mississippi, Louisiana, California, Indiana, New Jersey and Florida also donated.

Hess, among the nation's five biggest oil companies, conducts deepwater drilling in the Gulf of Mexico as well as off the coasts of Europe, Africa and Asia.

The Rocchios donated $4,600 to McCain's campaign in February and another $57,000 at the June fundraiser.

Alice Rocchio, reached at the office, confirmed that she registered her '93 Chevy in February, but said that she "absolutely" used her own money to make the donations.

Moments later, she asked a reporter: "Are you done with your questions?"

A former FEC official said that it's possible that the Rocchios had the means to make those hefty contributions - their first reported donations to a federal campaign. But the official, who declined to be identified because of the sensitivity of the matter, said that their donations also could trigger a complaint or otherwise catch the eyes of the agency's enforcement staff, tasked to ensure that companies or wealthy individuals don't illegally circumvent contribution limits by using employees or other third parties as "conduits" for cash.

The staff might wish to determine whether the couple is too "under-employed" to be making donations that large, the official said.

An agency spokesman declined to comment on the matter.

The McCain campaign had no immediate comment.

Of the $57,000 the Rocchios donated in June, $4,600 went to McCain's general election "compliance committee," to pay for campaign lawyers and auditors, and $52,400 went to the RNC, which devotes nearly all of its money to supporting McCain's presidential bid.
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Re: Oil owns McCain

Postby Jeannine Stergios » Thu Aug 07, 2008 10:40 am

RD

Both candidates have taken oil money. That's not news.
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Re: Oil owns McCain

Postby Michael Pelletier » Thu Aug 07, 2008 10:45 am

Sam Walton, one of the richest men in the history of the world, drove a 1979 Ford F-150 pickup truck his entire life. (edit: well, not literally, but you know what I mean.)

While it does indeed look unusual at first blush, maybe the reason they can afford to give tens of thousands of dollars to a political campaign is because they drive a '93 Cavalier and live in an apartment instead of pissing away their money keeping up with the Joneses?
Last edited by Michael Pelletier on Thu Aug 07, 2008 12:59 pm, edited 1 time in total.
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Re: Oil owns McCain

Postby Sybil Spence Rocca » Thu Aug 07, 2008 10:48 am

From my observation here ( I could be wrong) I think JS has a "Thing" for RD! Just as you can count on it being 12 o'clock twice a day, you can count on whenever RD posts, JS will respond! Sometimes, when someone protests another too much, it's because they secretly care for them. Just a thought....
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Re: Oil owns McCain

Postby Michael Pelletier » Thu Aug 07, 2008 5:17 pm

From the Washington Post:
The Democratic National Committee may be trying to get some mileage out of recent news about oil industry contributions to Republican Sen. John McCain, launching a web site spoofing the idea of McCain sharing his presidential ticket with Exxon. But they may have found an unwelcome surprise in a just-released analysis by the Center for Responsive Politics.

Turns out, the biggest recipient of contributions from Exxon executives and employees during this campaign is not McCain. It's Obama.

The non-partisan center writes: "Through June, Exxon employees have given Obama $42,100 to McCain's $35,166. Chevron favors Obama $35,157 to $28,500, and Obama edges out McCain with BP $16,046 vs. $11,500."

Meanwhile, Obama has a commanding lead in contributions from lawyers and law firms.
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Re: Oil owns McCain

Postby Michael Thompson » Fri Aug 08, 2008 7:09 am

Michael Pelletier wrote:From the Washington Post:
The Democratic National Committee may be trying to get some mileage out of recent news about oil industry contributions to Republican Sen. John McCain, launching a web site spoofing the idea of McCain sharing his presidential ticket with Exxon. But they may have found an unwelcome surprise in a just-released analysis by the Center for Responsive Politics.

Turns out, the biggest recipient of contributions from Exxon executives and employees during this campaign is not McCain. It's Obama.

The non-partisan center writes: "Through June, Exxon employees have given Obama $42,100 to McCain's $35,166. Chevron favors Obama $35,157 to $28,500, and Obama edges out McCain with BP $16,046 vs. $11,500."

Meanwhile, Obama has a commanding lead in contributions from lawyers and law firms.


I personnally find this information misleading. Let's say 200 employees (none execs, no direct company money) from PC Connection donate $500 to Obama. PC Connection would show up on the list as being connected to Obama for $100,000. Would that mean Obama is in the pocket of IT resellers?

If this list limited it to contributions to Execs or the company itself then I would take it more seriously.
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Re: Oil owns McCain

Postby Michael Pelletier » Fri Aug 08, 2008 10:57 am

Of course it's misleading. Please also note that the title of this thread is "Oil owns McCain."

How seriously should that be taken?
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Re: Oil owns McCain

Postby RD » Fri Aug 08, 2008 12:09 pm

Michael Pelletier wrote:Of course it's misleading. Please also note that the title of this thread is "Oil owns McCain."

How seriously should that be taken?

From the article that started this thread (note, no employees mentioned, just executives):
At a June fundraiser, the Rocchios joined top executives at Hess Corp. - Chairman and Chief Executive Officer John Hess, his wife, Susan, his mother, Norma Hess, and six other officials in giving a total of $313,500 to a joint McCain-RNC fundraising committee, Federal Election Commission records show.

The donations, first traced by Campaign Money Watch last week, were part of $1.2 million in oil industry contributions to McCain's Victory '08 Committee, 73 percent coming after McCain reversed his long-held opposition to offshore oil drilling. The non-partisan watchdog group said oil executives and their spouses from Colorado, Mississippi, Louisiana, California, Indiana, New Jersey and Florida also donated.
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Re: Oil owns McCain

Postby Jeannine Stergios » Fri Aug 08, 2008 12:27 pm

RD

Are you planning tp pick apart every campaign donation? THe fact that McCain spoke out in favor of offshore drilling is a mere coincidence.

Let's check out Obama's donors. Is Obama in the pocket of mortgage lenders, banks and universities and the media?

This table lists the top donors to this candidate in the 2008 election cycle. The organizations themselves did not donate , rather the money came from the organization's PAC, its individual members or employees or owners, and those individuals' immediate families. Organization totals include subsidiaries and affiliates.

Because of contribution limits, organizations that bundle together many individual contributions are often among the top donors to presidential candidates. These contributions can come from the organization's members or employees (and their families). The organization may support one candidate, or hedge its bets by supporting multiple candidates. Groups with national networks of donors - like EMILY's List and Club for Growth - make for particularly big bundlers.

Goldman Sachs $627,730
University of California $523,120
JPMorgan Chase & Co $398,021
Citigroup Inc $393,899
UBS AG $378,400
Google Inc $373,212
Harvard University $369,802
Lehman Brothers $353,922
National Amusements Inc $352,603
Moveon.org $347,463
Sidley Austin LLP $326,845
Skadden, Arps et al $304,050
Time Warner $298,972
Morgan Stanley $291,388
Microsoft Corp $276,925
Jones Day $266,705
Latham & Watkins $252,845
University of Chicago $250,685
Wilmerhale Llp $249,282
Exelon Corp $239,061

http://www.opensecrets.org/pres08/contr ... =N00009638
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Re: Oil owns McCain

Postby RD » Fri Aug 08, 2008 12:52 pm

Jeannine Stergios wrote:The organizations themselves did not donate, rather the money came from the organization's PAC, its individual members or employees or owners, and those individuals' immediate families.

As has already been pointed out, including donations from employees is very misleading. That's why the article I posted talks only about oil company executives and owners.
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Re: Oil owns McCain

Postby Jeannine Stergios » Fri Aug 08, 2008 1:24 pm

RD

The "oil owns McCain" BS isn't a dog that's going to hunt in November. However, the inflated tires and tune ups is a definite hit that keeps on giving.
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