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John McCain and the Telecoms - Making a Killing in Iraq

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ensho Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-01-08 11:21 AM
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John McCain and the Telecoms - Making a Killing in Iraq

http://counterpunch.com/


It’s no secret that John McCain has been a longtime friend of the telecom industry. Indeed, the Arizona Senator has had important historic ties to big corporations like AT&T, MCI and Qualcomm. In return for their financial contributions, McCain, who partly oversees the telecommunication industry in the Senate, has acted to protect and look out for the political and economic interests of the telecoms on Capitol Hill.

Such connections are well known, yet few have paused to consider how Iraq fits into the wider jigsaw puzzle. Prior to the war in Iraq, McCain was one of the biggest boosters of the invasion. While it’s unclear whether the telecoms actually lobbied McCain on this score, they certainly benefited under the subsequent occupation.

To get a sense of the sheer scope of McCain’s incestuous relationship with the telecoms, one need only log on to the Web site of the Center for Responsive Politics. In the 1998 electoral cycle, AT&T gave $34,000 to McCain. In the 2000 cycle, the telecom giant provided $69,000, in 2002 $61,000, in 2004 $39,000, in 2006 $29,000 and in 2008 $187,000. Over the course of his career, AT&T has been McCain’s second largest corporate backer.

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Truly, it can be said that the telecoms have been making a killing in Iraq, their war profiteering greased by their long-time ally, John McCain.
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azmouse Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-01-08 01:51 PM
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