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October 13, 2004

Companies, Shareholders, Unions and Members.

Matt Yglesias has a go at a company that appears to be using money and influence in favour of GW Bush. I'm not up to date on all the details so here's what he says:

If these people want to spend their money and use their resources to help re-elect George W. Bush, that's their right (I'm not a campaign finance reformer, I really do think it's their right), but they're trying to use their jobs as managers to deploy the shareholders' resources as part of the Bush campaign.

Leave, for a moment, aside the idea that such executives might actually believe that the re-election of GWB is in their shareholder's best interests. Let's replace "manager" with "union leader" and replace "shareholder" with "union member". Should we now call for union leaders not to spend the money of their members on political campaigns in exactly the way that we are calling upon managers? Fine by me, sauce for goose and gander and all that, but I don't think that's what a Democrat like Matt actually wants to convey. Open to correction if I'm wrong, of course.

October 13, 2004 in Politics | Permalink


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