Feb 01

“I’m the only person in the United States Senate who has been elected four times who has voluntarily refused to ever take one dime of political action committee, special interest money in my elections”

—John Kerry

AP continues the story:

Kerry collected more than $470,000 directly from companies and unions in 2002 [just before those types of donations were outlawed] for his Citizen Soldier Fund, and spent large amounts of it sowing goodwill in key primary states just before Congress banned the use of such “soft money” donations, according to records his group filed with the IRS.

More than $100,000 of those donations came from telecommunications and Internet companies that have had a direct interest in the work of the Senate Commerce, Science and Transportation Committee on which Kerry serves.

For instance, nearly every major cellular phone company donated to Kerry’s committee, including AT&T Wireless ($7,500), Nextel ($5,000), Verizon Wireless ($5,000), T-Mobile ($5,000), and Cingular ($5,000). The head of Internet publishing giant International Data Group gave $50,000, while the chairman of the Google Web site chipped in another $25,000.

Jan 06

According to Asia Business Times, many US corporations are preparing major efforts to shift jobs from the US to countries like India and China. A few of the big names: Microsoft, IBM, AT&T Wireless, Disney, AOL Time Warner, and News International (Fox). You probably haven’t seen many big announcements, though. As the Times explains:

…on the threshold of a US presidential election year, job losses are a hot button issue. A company that highlighted a major job transfer could wind up in the campaign debate.

Yes, they’re holding off on the triumphant “we’re saving millions of dollars and making our rich stockholders even richer by shipping jobs to India” announcements, because they don’t want to risk encouraging people to vote for an administration slightly less cosy with big business than the current one.

The corollary: If Bush is re-elected, look for massive rounds of layoffs immediately afterwards.