Should corporate donations to political causes remain private or shouldn’t they? Your writer would argue for the former as he holds the U.S. Supreme Court nailed it with its Citizens United decision. Progressive shareholder activists, naturally, disagree.
Except, that is, when incredible secrecy suits progressive social and political ends. The Interfaith Center for Corporate Responsibility, for example, asserts Citizens United is the worst kind of travesty against all things they desire made transparent – as does ICCR member Walden Asset Management.
While “dark money” corporate donations give ICCR and WAM the Screaming Mimi’s, both groups are quiet as church mice when it comes to secretive funding of such progressive agendas as lesbian, gay, bisexual and transgender rights. For example, ICCR and WAM haven’t uttered a peep concerning software magnate Tim Gill’s advocacy group OutGiving, a highly secretive group of millionaires who funnel money into campaigns supportive of LGBT causes and candidates likely to support them. (more…)