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Show HN: Uncover how your funds spend money in politics

Author: mushufasa

Score: 45

Comments: 14

Date: 2020-10-28 17:01:40

Web Link

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grissman wrote at 2020-10-28 17:15:03:

Funny, Alphabet donates slightly more to Republicans through its corporate PAC, even though Alphabet employees donate almost 99% to democrats.

dfxm12 wrote at 2020-10-28 17:45:16:

I have no idea how the "liberal tech company" meme started, but it is clearly not based in fact. Like any big corps, they don't care about red or blue, they care about green and will donate to whoever they think will help their bottom line, right now, Republicans are in power and they tend to favor big business in general, so this makes complete sense.

Gibbon1 wrote at 2020-10-28 19:27:36:

The upper management will use shareholders money to increase their own power at the expense of employees and shareholders. The Republican party is the one that supports looting public corporations. So that's who they give money to.

rtx wrote at 2020-10-28 17:48:18:

>employees donate almost 99% to democrats

Maybe due to this.

JohnRegus wrote at 2020-10-28 20:13:26:

I find it fascinating how people can say the things OP said while the fact you point out is right before their eyes and they are still utterly unable to see or comprehend (I don't know) what is right before their eyes.

What people also do not understand is that the kind of rearing and breeding of a body of human resources that is totally biased in a single direction is really just a manifestation of the corporate will. Where the corporate PAC spreads its money is more like lubrication to enable their will, but the human resources that are all bred to think and say and act the same way, is all done to enable the corporate will.

And that corporate will both feeds of and demands that more human resources be imported that are harvested from foreign countries; and greasing all wheels of Congress equally is how they enact that.

It's equally impressive how not just Google, has managed to ensnare people in a kind of mental trap or illusion, where serving and worshiping immoral and unethical corporate interests is interpreted as good through a kind of Faustian bargain. We seem to actually be witnessing a kind of birth of a religion of world dominating corporations, an entity with no moral constraints or code beyond it's own will and expression at the whims of its corporate shamans and muftis.

lolbrels wrote at 2020-10-28 18:18:13:

Because of all the hyper-vocal liberal activism in tech by employees I would guess.

imichael wrote at 2020-10-28 21:33:46:

This is cool. I had a similar idea, but for spending instead of investing. It seems likely that, post Citizens United, directing your spending towards companies that are supporting politicians that you also support is probably more effective than making small donations or writing letters. When you buy a product, the political activity of the company that sells it are part of what you are paying for. If companies are going to play politics then let's have some transparency and let them compete partly on that basis.

mushufasa wrote at 2020-10-28 17:03:13:

This is a simple tool to lookup the political spending of companies in the funds that you own, based on FEC data.

Our company produces data on the social + environmental impact of investments, and we thought shining a light on politics would be a cool weekend project. Have fun, and please comment if you uncover something interesting.

And don't hesitate to reach out via the contact form/calendar if you'd like to connect.

abeppu wrote at 2020-10-28 19:38:52:

This focuses on the party preference in donations.

While that's valuable to know, I'd also be interested in seeing some measure of how total donations compare to market cap or revenue or some indicator of size. I.e. which companies are maybe lobbying too much?

stevenicr wrote at 2020-10-28 23:43:50:

Would like to see a list of funds / brokers that use bloomberg terminal vs non-bloomberg terminal. I assume the list that don't use is small at this point - but any funds that use bloomberg are also contributing to the bloomberg empire and thus also putting money into moving the various needles he influences in different ways - or not.

A running tally of how much money has gone to bloomberg from the various places over the years / lifetime of the fund or broker house, would be interesting too.

cibyr wrote at 2020-10-28 19:37:41:

https://www.yourstake.org/politics/report/VTXVX

shows $0 for everything, but points the needle various degrees of left and right in the different tabs, and claims "Employees in your fund are Mostly Democratic".

grissman wrote at 2020-10-28 19:48:34:

Interesting. That seems to be an edge case of a fund of funds, instead of a fund that invests directly in companies. Other mutual fund search tools often run into the same issues with these types of target date funds.

batterseapower wrote at 2020-10-28 19:02:40:

This is cool. I wonder how they mapped the PAC organization names + individual contribution employer names to ticker symbols? Maybe fuzzy matching, or just a lot of manual work...

mushufasa wrote at 2020-10-28 19:14:33:

Yes this is a hard problem. This is our proprietary 'secret sauce' that makes all of our data work well!

One of the ingredients is lots of sorcery from the Book of Ken

oplav wrote at 2020-10-28 19:23:17:

Do all individual contributions have employer data? I was always under the impression employer data isn't collected unless the donation is over a certain amount.

mushufasa wrote at 2020-10-28 19:28:35:

You're right. Looks like the threshold is $200

https://www.fec.gov/help-candidates-and-committees/filing-re...

.

JohnRegus wrote at 2020-10-28 20:17:55:

It is so odd that as you look at that, what you see is a kind of emerging one party system of government and power that should really concern people, especially people from places where one rule government has wrought nothing but havoc and compelled them to leave … ironically, largely to the USA.

Another rather odd thing is that this highlights that the very people who decry all the world dominating mega-corporations, usually align with the American political party that is fueled by those very world dominating mega-corporations that they say they despise on one hand, and also worship on the other.

It's all very irreconcilable and highly unstable.