As we have previously reported, contrary to what Wal-Mart wants you to believe, Wal-Mart is constantly backing republican politicians. January of last year Wal-Mart donates $5,000 to Vito Fossella the under fire congressman from Staten Island. We actually supported a demonstration in front of his office asking him to return the generous donation citing that, "When no Wal-Mart lies within your jurisdiction, nor do any of your constituents work for Wal-Mart we must question your reasoning for accepting the campaign finance" That being said and the election 2 days ago we'll go through a few GOP candidates that have accepted Wal-Mart's money, released by WakeupWal-Mart.
"After launching a voter education campaign to attack Democratic candidates fighting for a better America, Wal-Mart is now pouring money into key races to support its anti-family, anti-employee agenda," says WakeUpWalMart.com in a press release issued today.
The release listed examples from recent weeks where Wal-Mart donated to the GOP candidates in "hotly contested races." Among them:
- $10,000 total to Tom Kean, GOP candidate for U.S. Senate from New Jersey, trailing in the latest polls against incumbent Democratic Sen. Bob Menendez;
- $5,000 to embattled GOP Rep. Tom Reynolds of New York, in a tight race for re-election against Dem challenger Jack Davis;
- $5,000 to Michael Steele, GOP candidate for U.S. Senate from Maryland, battling Dem candidate Ben Cardin;
- $2,500 to Mike DeWine, incumbent GOP Senator from Ohio, trailing in a re-election race against Dem challenger Sherrod Brown.
Also we're sure it's no coincidence in an unrelated story....
Wal-Mart shares drop after Democrats win
Shares of Wal-Mart Stores Inc. (WMT.N) slipped on Wednesday as some investors worried that big political wins by Democrats could bring higher payroll costs and derail the retailer's efforts to open a bank.