Owner Of Collapsed Indonesian Mine is Big Donor to Congress

[n2doc]

By Russ Choma on May 21, 2013 8:00 AM

Last week's collapse of a massive precious metals mine in Indonesia, which killed at least 17 workers, brought unwanted attention to the American company that owns the facility, Freeport-McMoRan Copper and Gold. But the company is already well-known to many here in Washington: Its top executives, as well as the company PAC, contribute hundreds of thousands of dollars each election cycle to help fuel congressional campaigns. Freeport currently employs at least one former member of Congress as a registered lobbyist, and in the past has employed at least one other.


Freeport-McMoRan, which is based in Phoenix, strongly favors Republicans over Democrats with its contributions. In the 2012 cycle, the company's PAC and employees gave 80 percent of their $382,000 in donations to Republicans. The firm's favorite lawmaker? Arizona GOP Sen. Jeff Flake. He received the maximum $10,000 from the company PAC and another $43,000 from employees, making him the largest recipient of Freeport-McMoRan money.

Another major recipient of Freeport-McMoRan cash was David Dewhurst, who was defeated by Ted Cruz in the Republican primary for Texas' open Senate seat last year. Dewhurst, who was backed by many "establishment" Republican interests, received $10,000 from the company PAC and another $25,000 from company CEO James "Jim Bob" Moffett and members of his immediate family.

In the House, the top recipient of cash from the company is Speaker of the House John Boehner (R-Ohio), to whom the company's PAC gave the maximum of $10,000. Boehner is also one of eight members of Congress who owns shares in the company, according to his most recent personal financial disclosure form.

more
http://www.opensecrets.org/news/2013/05/owner-of-collapsed-indonesian-mine.html

[Egalitarian Thug]

1. K&R I'm shocked, shocked I tell you!

Not really, this has been going on since Clinton spent his entire term shoveling money to the Chinese and Indians so they could afford to buy our legislators.