North Carolina’s Governor Beverly Perdue sponsored a fund raiser for the Democratic Governors Association. The event raised $1.2 million dollars, the largest amount collected by this so-called non-profit group.
The Charlotte Observer reports:
The gathering at Cary’s Umstead Hotel and Spa on April 6 and 7, was both a fund-raiser and a “regional policy conference” held by the Democratic Governors Association.
The Washington based association, whose purpose is to elect Democratic state chief executives, raises money around the country by holding fundraisers that also double as policy conferences. The group is helping raise money in 37 races for governor this year.
Governor Perdue called regional corporations, many who have their hands in state and federal taxpayer coffers. The following companies attended:
Duke Energy: Donated $100,000
AT&T: Donated $100,000
CSX: Donated $35,000
Bank of America: Donated $10,000
Wells Fargo: Donated $25,000
Time Warner Cable: Donated $10,000
:
All of the above companies have received TARP or Stimulus money; or have designs on targeted state sponsored programs.
Here are some other state sponsored companies who also contributed; again reported by the Charlotte Observer:
Policy Studies Inc. of Denver, Colo., which has won a total of $1.6 million in state contracts for child enforcement dating back to 2004, gave $25,000.
At a time when Perdue has been pushing for more tax paid incentives to make more movies in North Carolina, the Motion Picture Association of America, based in Encino, California contributed $15,000.
Also contributing were law firms that do lobbying, such as McGuire Woods PAC of Richmond, VA., which gave $10,000.
I thought there was a law against incest; apparently not in politics.
Source: Charlotte Observer
http://www.thestreet.com/story/10683427/national-gateway-receives-federal-stimulus-funds-through-tiger-program.html
http://www.ncdot.org/recovery/
http://www.cedmagazine.com/article.aspx?id=170829&terms=
http://articles.sfgate.com/2009-06-10/business/17207930_1_richard-kovacevich-rbc-capital-markets-tarp
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