April 30, 2007


Companies Shift More Donations To Democrats: House Leaders' Coffers Swell as Balance Swings Against Republicans (BRODY MULLINS and DEAN TREFTZ, April 30, 2007, Wall Street Journal)

For the new Democratic bosses in the House, power has quickly translated into money, as many big companies have shifted more of their campaign contributions to the new congressional majority, and away from longtime Republican allies.

The top four House leaders -- Speaker Nancy Pelosi of California, Majority Whip Steny Hoyer of Maryland and their main lieutenants -- raised a combined $2.24 million in the first quarter of 2007, according to filings with the Federal Election Commission. That was more than three times as much as the $697,694 they raised in the first quarter of 2005, the comparable period in the previous two-year election cycle.

Business is buying and the Democrats are selling and so it goes...

Posted by Orrin Judd at April 30, 2007 6:44 AM
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