Politics Mitch McConnell Tries to Have it Both Ways on Corporate Cash
The Money Monster Mitch McConnell Created Finally Turned On Him
It turns out that Mitch McConnell doesn’t actually think corporations are people or that money is speech if the companies in question aren’t speaking his language. Instead, he warned them to “stay out of politics,” since they “invite serious consequences if they become a vehicle for far-left mobs.” Uh huh. Mitch, who then tried to step away from his remarks since "I didn't say that artfully," is mad because large employers in Georgia eventually got around to responding to a voter suppression law there that may as well have been authored by Lester Maddox.
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I thought Twitter had to have it wrong. It wouldn’t be the first time the partisan corners of social media had taken something out of context or intentionally left out part of the statement. There was absolutely no way Senate Republicans’ chief Mitch McConnell hadcorporations to stay out of politics — but that they should please sending checks to political organs, thank you very much.
Mitch McConnell Tries to Have it Both Ways on Corporate Cash
Mitch McConnell Tries to Have it Both Ways on Corporate CashI thought Twitter had to have it wrong. It wouldn’t be the first time the partisan corners of social media had taken something out of context or intentionally left out part of the statement. There was absolutely no way Senate Republicans’ chief Mitch McConnell had told corporations to stay out of politics — but that they should please keep sending checks to political organs, thank you very much.
But, no. Twitter had it about right. McConnell, a steadfast critic of limits on campaign finance systems and one of the biggestof corporate in politics, told reporters yesterday that corporations should stay out of political fights if they don’t want to incur the wrath of consumers. The comments came after Major League Baseball announced it is its All-Star Game out of Atlanta in response to Georgia officials’ decision to make it to vote in the state, for voters of color. Georgia-based companies Delta and Coca-Cola have MLB lodging protests, as have national leaders, including the and several Black .
“My warning, if you will, to corporate America is to stay out of politics,” McConnell said. “It’s not what you’re designed for. And don’t be intimidated by the Left into taking up causes that put you right in the middle of America’s greatest political debates.” He added, “You know, Republicans drink Coca-Cola, too. And we fly. And we like baseball.”
Mitch McConnell told CEOs to 'stay out of politics' over the Georgia voting law, despite being one of the biggest recipients of corporate cash in Congress
McConnell lashed out at companies behaving like a "woke parallel government" by decrying Georgia's voting laws - but is a top recipient of CEOs' cash.Despite this, McConnell is a regular recipient of corporate donations, and by some measures outstrips any other member of Congress.
McConnell first hinted at this sentiment on Monday. Pressed by reporters in Kentucky a day later, his home state, McConnell subsequently clarified that edict excluded donations. “I’m not talking about political contributions,” McConnell said.
Predictably, liberals and good-government groups screamed, and not without cause. McConnell’s message was basically that corporations should continue to cut checks but keep their mouths shut when it comes to tough policy questions.
McConnell may be simply drawing on tactics from decades past. In 1990, Michael Jordan famously“Republicans buy sneakers, too” when pressed by civil-rights groups to take sides in North Carolina’s Senate race featuring conservative Jesse Helms. But we’ve come a long way in the last 30 years. Today, LeBron James uses his considerable brand to help voters.
Recent years have seen more and more activism in corporate boardrooms and brand-centered enterprises. Indiana’s so-called religious freedom law went down in large part because Angie’s Listto cancel its expansion there. More than 200 businesses a friend-of-the-court brief — written by GOP mega-lawyer Ted Olsen — opposing North Carolina’s anti-transgender bathroom law. The NCAA the state until the law fell. After George Floyd’s death plunged the country into a fresh reckoning on race last year, corporations like Disney, Nike and Netflix all millions to promote racial justice.
Mitch McConnell's Favorability Rating Down 10 Points in Months Since Trump Lost Election
Though both his job approval and favorability ratings have dropped, the Kentucky Republican easily won his bid for reelection last fall.The Kentucky Republican's favorability rating has also taken a hit in the months since Trump lost his bid for re-election to President Joe Biden.
(The movement hasn’t been exclusively liberal. The most notable example of a conservative win via corporate activism is a casecraft store chain Hobby Lobby, whose conservative Christian owners sued the Obama Administration to seek an out from paying for contraception for their employees, and won. Still, it’s rare.)
Such corporate activism can be good for business. A 2018from Edelman, the world’s largest P.R. company by revenue, found two-thirds of consumers vote with their dollars: if your brand supports consumers’ civic or political priorities, the consumer will go there over a neutral rival. But it can also draw unwanted attention. Earlier this week, former President Donald Trump called on his supporters to “boycott all of the woke companies,” seeking to punish Major League Baseball and other Georgia companies that have spoken out. McConnell and other Republicans have now made an All-Star Game into a battlefield in the culture wars.
But for Republicans trying to regain control of Congress, corporate cash also can’t be ignored.
Trump spent several minutes insulting 'dumb son of a b---h' Mitch McConnell during a rambling speech to GOP donors at Mar-a-Lago, say reports
Former President Donald Trump took aim at Senate Minority Leader for his lack of support during his February impeachment trial, Politico reported. Getty Images Former President Donald Trump insulted Mitch McConnell during a speech to donors at Mar-a-Lago. Trump referred to the Senate Minority Leader as a "dumb son of a b---h," Politico reported. He spent several minutes ridiculing both McConnell and his wife, The Washington Post said. See more stories on Insider's business page.
To be clear, both Democratic and Republican political committees take corporate money. Many prominent Democrats have sworn off corporate money, but not. It’s not uncommon to see some corporations give equally to both parties so their lobbyists get invited to the next reception. Outside groups spent a combined $2 billion in the 2020 elections, to the nonpartisan Center for Responsive Politics. The McConnell-aligned Senate Leadership Fund spent almost $294 million that year. The Democrats’ Senate Majority PAC, affiliated with Sen. Chuck Schumer, wasn’t far behind, with $234 million. It was the first election cycle to see a single outside group topped $200 million in spending.
Corporate spending in politics across the boarddramatically after the Jan. 6 insurrection at the Capitol. The dramatic day gave corporate PACs permission to hit pause on their whole posture with Washington. Corporate America had put Republicans on that cash may dry-up if they lined up behind the effort to deny Joe Biden the certification of his win. After 147 Republicans in Congress voted against certifying Biden’s win, companies like American Express said those naysayers shouldn’t expect any more AmEx PAC money. Others like Comcast and Marriott also decided to hit pause on their giving while they assess if funding the rancor in Washington is good for their brand.
With the House and Senate both within striking distance, McConnell and his House counterpart Kevin McCarthy cannot afford to have corporate money stay on the sidelines ahead of the midterms next year. They need the money if they’re going to win.
Hence, McConnell’s conundrum, which manifested in this week’s brazen and inelegant shut-up-but-give stance. Not only will Republicans need money for the midterms, they’ll need money to fight the bad publicity as iconic brands like Coca-Cola, MLB and Delta actively work against Republican efforts. A lot of rank-and-file voters will take notice when big brands speak out against measures that impinge on Americans’ right to vote. So McConnell is left to lambast those companies—and ask for their dollars. No one ever said politics was rational.
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Corporate America wants to avoid higher taxes and social issues. That's not likely to happen. .
On a range of political issues, businesses have felt compelled to speak out. But many are silent when it comes to tax hikes, if not hostile.Long apolitical, the dynamic that emerged during the Trump years of big business weighing in on hot-button social issues has, if anything, accelerated in 2021, as reflected in the recent corporate outcry against Georgia's recent legislation to restrict voting rights.