Google’s Cash Cow? Campaign Contributions Good For America

You are probably very familiar with Google Inc.’s products and services, but did you know that Google’s most powerful people want to determine who will be the next president of the USA? Have you heard about Google Campaign Contributions?

Larry Page and Sergey Brin, Google founders, are now multi-billionaires thanks to how much we all use their products and services. The success of their company has filled their pockets and now they have created a Political Action Committee (PAC). Their aim is to support candidates for public office who are firm in their support of maintaining net neutrality.

Net neutrality is defined elsewhere, but the essence of it is that it would keep the internet a completely free place.

Thanks to publicly available political donation records, we know that both Larry Page and Sergey Brin have not supported any specific candidates. Their donations went instead to the Google PAC mentionsed above. It appears that they prefer to remain relatively neutral, rather than letting us know their candidate preferences.

Page and Brin are not the only Googlers getting political. There is also Google Chairman Eric Schmidt, who has held that position since March 2001 and since August of 2001 has been CEO.

We know roughly where Eric Schmidt’s allegiance lays, from looking at his donation record. It is very different than those of Larry Page and Sergey Brin. Schmidt’s record shows his donations go mainly to Democratic candidates. Not exclusively, though, because he does make donations to Republicans. Generally only the more liberal Republican Candidates though. Schmidt contributed $260,716 so far, with $6,500 to going to Republicans, and$229,216 to Democratic candidates. That’s not all, he also gave $25,000 to special interest groups which consist of various PACs including Google’s NetPAC.

Google’s motto is “Don’t Be Evil.” Not everyone believes they live up to that goal, but mainly, that appears to be a good summary of the intentions of Google PAC.

Google was founded in 1998, and like other large Silicon Valley companies, such as Intel and Cisco, they fund lobbyists in Washington, for their own benefit. From the information we know, it does seem that they don’t lobby anywhere near as much asother Silicon Valley companies.

An expert on money in politics, Bob Stern, president of the Center for Governmental Studies in Los Angeles, who keeps an eye on what companies are doing, says Google generally backs the political party in power. Although Google is currently contributing to Republicans, since a George W. Bush is in the White House, Stern says Google will most likely fund Democrats if they win the election in November.

Google Campaign Contributions

Hot this week

Did David Wineland and Serge Haroche Steal Idea For The Nobel Physics Prize?

Dr. Omerbashich says the Royal Swedish Academy is a Crime Scene and he has the proof that Nobel laureates stole his discovery.

New Approaches to Disaster Relief Challenges

Disaster relief has always been a challenge. NASA, Google,...

3 Legitimate Money Making Methods to Supplement Your Income

In a perfect world, when your landlord raises your...

2016 Predictions by World Renowned Medium and Psychic Lindy Baker

World renowned medium and psychic Lindy Baker is interviewed by The Hollywood Sentinel, discussing psychic power, the spirit world, life after death, areas of concern in 2016, and much more.

Digital Coupon Customers Spending More Than Double At Stores

A new study shows that customers who use digital coupons go shopping more for groceries and other household goods more often and spend more on their shopping trips.

Lane Pace on Why Most Homeowners Are Solving the Wrong Problem, and Paying for It

Lane Pace, a building performance specialist diagnoses why Southern US homes fail to stay comfortable after equipment and material investment.

Best 3 Dental Chews for Dogs: Dinovite, Greenies, and Vibrac

Dogs should have routine vet dental cleanings but pet owners can take a proactive stance at home against oral health issues with dog dental chews.

Brooks Sherman on How the AI Data Center Boom Is Accelerating Demand for Diversified Battery Storage

AI data centers drive the most significant surge in electricity demand in modern US history. Infrastructure designed to deliver power struggles.

Digital Banking With Bankaool for First-Time Users: What You Should Know

Bankaool, a regulated Mexican commercial bank supervised by CNBV and Banco de México, built a digital account designed to lower barriers.

Alaric Jackson on What Detroit’s Reinvention Teaches About Resilience and Growth

Alaric Jackson, the Los Angeles Rams' starting left tackle, knows that kind of toughness personally. He also knows it geographically.

The Value of Having a Financial Roadmap

Financial success rarely happens by accident. While luck and...

The Hidden Costs That Can Turn a Cheap Move Into an Expensive One

Moving usually starts with a pretty simple goal. Get...

Hud Appoints Shai Alani as VP Marketing to Advance Runtime Intelligence for the AI Coding Era

Artificial intelligence has dramatically accelerated how software is written,...

Related Articles

Popular Categories