Wall Street Journal and other reports, a growing list of corporations said they are pausing or reviewing their political action committee donations in the wake of last week’s sedition.
JP Morgan, Morgan Stanley, Citigroup, Blue Cross Blue Shield, Coca-Cola, Microsoft, GE, AirBnB, Best Buy, Marriott and others are stopping all PAC donations, the latter two to Republican lawmakers who objected to President-elect Biden’s electoral win.
And if you think the money will stop flowing from just these four, you would be sadly mistaken. When the big banks balk, everyone else will play follow the leader, and when the money evaporates, panic sets in fast.The WSJ story pointed out that Marriott’s PAC had given $1,000 to panic-inducer Senator Josh.