About Me 0058: Making Money Secrets

OH, THANK HEAVEN� BIPARTISANSHIP IS DELICIOUS: OpenSecrets.org's own Megan Wilson reports that 7-Eleven, the maker of the frozen Slurpee beverage, is cashing in on President Barack Obama�s joke that Republicans have been �sipping on Slurpees� while Democrats have been hard at work. A "Slurpee Summit" was suggested to unite the two parties at the White House, and 7-Eleven took over.

Starting in its headquarters city of Dallas, the company began a tour that eventually led them to Washington D.C.�s Union Station on Thursday -- one of the closest Metro stops to the U.S. Capitol -- where the company gave out free Slurpees and T-shirts that stated, �Party animals unite.� It features an elephant silhouette lifting a Slurpee to a donkey silhouette.

� John Boehner and Obama rescheduled their Slurpee summit, but we didn�t,� said one 7-Eleven worker handing out the free shirts as he smiled.

�D.C. OR BUST� read a sign posted on the portable Slurpee dispenser outside the popular Metro stop.

7-Eleven is a modest financial player in politics, with its political action committee usually donating around $10,000 to $20,000 to federal candidates each election cycle. However the PAC has not donated money during the 2010 election cycle. 7-Eleven spent more than $1.25 million on lobbying from 1999 to 2006 when it ended its federal lobbying presence. 7-Eleven became a subsidiary to Seven & I Holdings Co. in 2005, and since 2007 it has spent $510,000 on lobbying. In 2010, Seven & I Holdings was the 35th highest lobbying spender within the retail industry, according to the Center's research.

In the 2008 election cycle, its corporate PAC gave $9,500 to federal-level candidates -- 10 Republicans and four Democrats. It also gave $500 to Texas Republican Rep. Michael Burgess�s PAC, the Lone Star Leadership PAC. In that same cycle, 7-Eleven�s corporate PAC received a $9,000 donation from Shell Oil.

According to the company, it sells enough Slurpees each year to fill 12 Olympic-size swimming pools.

CENTER FOR RESPONSIVE POLITICS IN THE NEWS: The Center's annual release of congressional members' personal finance reports was released on Wednesday and since then has been picked up by most major news organization in the nation.

Highlights include the San Francisco Chronicle, New York Times, Washington Post, Reuters, CBS News, CNBC, Fox News and National Public Radio. On Wednesday, the Center for Responsive Politics was on the comedy show, The Colbert Report, as host Steven Colbert used the Center's website to show Rep. Joe Barton (R-Texas) is "the guy who gets the most cash from the oil industry."

Have a news tip or link to pass along? We want to hear from you! E-mail us at press@crp.org.

What recession? Members of Congress collectively made 16 percent more money in 2009 than 2008. And this week's PolitiQuizz asks you to delve into the personal finances of the nation's lawmakers.

According to a new study by the Center for Responsive Politics, 261 federal lawmakers are millionaires, and members of Congress are making their money on everything from real estate to entertainment to financial investments. So, we want to know�

Who is the single wealthiest member of Congress, and how much is he or she worth?

The first person to leave the correct answers in this blog post's comments section will win a free copy of The Blue Pages: Second Edition, the new money-in-politics book for which the Center for Responsive Politics provides data and analysis.

Answers will be accepted until 5 p.m. Friday. Results will be posted as part of next Monday's PolitiQuizz. (Make sure to provide your e-mail address so we may contact you if you win!)

In last week's PolitiQuizz, we asked you to track down the biggest of big-spending political action committees this election cycle. We asked:

Which PAC contributed the most to political candidates during the 2010 election cycle?

From major players like AT&T and Democratic heavyweight ActBlue to Tea Party-funder Koch Industries, there was no shortage of reader suggestions. However, one PAC out-spent them all.

The answer is� Honeywell International.

Manufacturing titan Honeywell International's PAC doled out about $3.5 million in campaign contributions during the 2010 election cycle, while giving 55 percent of their funds to Democrats, according to the Center's analysis of federal filings. The company edged out PACs for AT&T, which gave $2.7 million, and the International Brotherhood of Electrical Workers, which donated $2.6 million.

Congrats, Keith Orchard -- you're this week's winner! Since you were the first to guess the correct answer, you will receive a free copy of The Blue Pages: Second Edition. To everyone else, better luck next time!

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OH, THANK HEAVEN� BIPARTISANSHIP IS DELICIOUS: OpenSecrets.org's own Megan Wilson reports that 7-Eleven, the maker of the frozen Slurpee beverage, is cashing in on President Barack Obama�s joke that Republicans have been �sipping on Slurpees� while Democrats have been hard at work. A "Slurpee Summit" was suggested to unite the two parties at the White House, and 7-Eleven took over.

Starting in its headquarters city of Dallas, the company began a tour that eventually led them to Washington D.C.�s Union Station on Thursday -- one of the closest Metro stops to the U.S. Capitol -- where the company gave out free Slurpees and T-shirts that stated, �Party animals unite.� It features an elephant silhouette lifting a Slurpee to a donkey silhouette.

� John Boehner and Obama rescheduled their Slurpee summit, but we didn�t,� said one 7-Eleven worker handing out the free shirts as he smiled.

�D.C. OR BUST� read a sign posted on the portable Slurpee dispenser outside the popular Metro stop.

7-Eleven is a modest financial player in politics, with its political action committee usually donating around $10,000 to $20,000 to federal candidates each election cycle. However the PAC has not donated money during the 2010 election cycle. 7-Eleven spent more than $1.25 million on lobbying from 1999 to 2006 when it ended its federal lobbying presence. 7-Eleven became a subsidiary to Seven & I Holdings Co. in 2005, and since 2007 it has spent $510,000 on lobbying. In 2010, Seven & I Holdings was the 35th highest lobbying spender within the retail industry, according to the Center's research.

In the 2008 election cycle, its corporate PAC gave $9,500 to federal-level candidates -- 10 Republicans and four Democrats. It also gave $500 to Texas Republican Rep. Michael Burgess�s PAC, the Lone Star Leadership PAC. In that same cycle, 7-Eleven�s corporate PAC received a $9,000 donation from Shell Oil.

According to the company, it sells enough Slurpees each year to fill 12 Olympic-size swimming pools.

CENTER FOR RESPONSIVE POLITICS IN THE NEWS: The Center's annual release of congressional members' personal finance reports was released on Wednesday and since then has been picked up by most major news organization in the nation.

Highlights include the San Francisco Chronicle, New York Times, Washington Post, Reuters, CBS News, CNBC, Fox News and National Public Radio. On Wednesday, the Center for Responsive Politics was on the comedy show, The Colbert Report, as host Steven Colbert used the Center's website to show Rep. Joe Barton (R-Texas) is "the guy who gets the most cash from the oil industry."

Have a news tip or link to pass along? We want to hear from you! E-mail us at press@crp.org.

What recession? Members of Congress collectively made 16 percent more money in 2009 than 2008. And this week's PolitiQuizz asks you to delve into the personal finances of the nation's lawmakers.

According to a new study by the Center for Responsive Politics, 261 federal lawmakers are millionaires, and members of Congress are making their money on everything from real estate to entertainment to financial investments. So, we want to know�

Who is the single wealthiest member of Congress, and how much is he or she worth?

The first person to leave the correct answers in this blog post's comments section will win a free copy of The Blue Pages: Second Edition, the new money-in-politics book for which the Center for Responsive Politics provides data and analysis.

Answers will be accepted until 5 p.m. Friday. Results will be posted as part of next Monday's PolitiQuizz. (Make sure to provide your e-mail address so we may contact you if you win!)

In last week's PolitiQuizz, we asked you to track down the biggest of big-spending political action committees this election cycle. We asked:

Which PAC contributed the most to political candidates during the 2010 election cycle?

From major players like AT&T and Democratic heavyweight ActBlue to Tea Party-funder Koch Industries, there was no shortage of reader suggestions. However, one PAC out-spent them all.

The answer is� Honeywell International.

Manufacturing titan Honeywell International's PAC doled out about $3.5 million in campaign contributions during the 2010 election cycle, while giving 55 percent of their funds to Democrats, according to the Center's analysis of federal filings. The company edged out PACs for AT&T, which gave $2.7 million, and the International Brotherhood of Electrical Workers, which donated $2.6 million.

Congrats, Keith Orchard -- you're this week's winner! Since you were the first to guess the correct answer, you will receive a free copy of The Blue Pages: Second Edition. To everyone else, better luck next time!

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OH, THANK HEAVEN� BIPARTISANSHIP IS DELICIOUS: OpenSecrets.org's own Megan Wilson reports that 7-Eleven, the maker of the frozen Slurpee beverage, is cashing in on President Barack Obama�s joke that Republicans have been �sipping on Slurpees� while Democrats have been hard at work. A "Slurpee Summit" was suggested to unite the two parties at the White House, and 7-Eleven took over.

Starting in its headquarters city of Dallas, the company began a tour that eventually led them to Washington D.C.�s Union Station on Thursday -- one of the closest Metro stops to the U.S. Capitol -- where the company gave out free Slurpees and T-shirts that stated, �Party animals unite.� It features an elephant silhouette lifting a Slurpee to a donkey silhouette.

� John Boehner and Obama rescheduled their Slurpee summit, but we didn�t,� said one 7-Eleven worker handing out the free shirts as he smiled.

�D.C. OR BUST� read a sign posted on the portable Slurpee dispenser outside the popular Metro stop.

7-Eleven is a modest financial player in politics, with its political action committee usually donating around $10,000 to $20,000 to federal candidates each election cycle. However the PAC has not donated money during the 2010 election cycle. 7-Eleven spent more than $1.25 million on lobbying from 1999 to 2006 when it ended its federal lobbying presence. 7-Eleven became a subsidiary to Seven & I Holdings Co. in 2005, and since 2007 it has spent $510,000 on lobbying. In 2010, Seven & I Holdings was the 35th highest lobbying spender within the retail industry, according to the Center's research.

In the 2008 election cycle, its corporate PAC gave $9,500 to federal-level candidates -- 10 Republicans and four Democrats. It also gave $500 to Texas Republican Rep. Michael Burgess�s PAC, the Lone Star Leadership PAC. In that same cycle, 7-Eleven�s corporate PAC received a $9,000 donation from Shell Oil.

According to the company, it sells enough Slurpees each year to fill 12 Olympic-size swimming pools.

CENTER FOR RESPONSIVE POLITICS IN THE NEWS: The Center's annual release of congressional members' personal finance reports was released on Wednesday and since then has been picked up by most major news organization in the nation.

Highlights include the San Francisco Chronicle, New York Times, Washington Post, Reuters, CBS News, CNBC, Fox News and National Public Radio. On Wednesday, the Center for Responsive Politics was on the comedy show, The Colbert Report, as host Steven Colbert used the Center's website to show Rep. Joe Barton (R-Texas) is "the guy who gets the most cash from the oil industry."

Have a news tip or link to pass along? We want to hear from you! E-mail us at press@crp.org.

What recession? Members of Congress collectively made 16 percent more money in 2009 than 2008. And this week's PolitiQuizz asks you to delve into the personal finances of the nation's lawmakers.

According to a new study by the Center for Responsive Politics, 261 federal lawmakers are millionaires, and members of Congress are making their money on everything from real estate to entertainment to financial investments. So, we want to know�

Who is the single wealthiest member of Congress, and how much is he or she worth?

The first person to leave the correct answers in this blog post's comments section will win a free copy of The Blue Pages: Second Edition, the new money-in-politics book for which the Center for Responsive Politics provides data and analysis.

Answers will be accepted until 5 p.m. Friday. Results will be posted as part of next Monday's PolitiQuizz. (Make sure to provide your e-mail address so we may contact you if you win!)

In last week's PolitiQuizz, we asked you to track down the biggest of big-spending political action committees this election cycle. We asked:

Which PAC contributed the most to political candidates during the 2010 election cycle?

From major players like AT&T and Democratic heavyweight ActBlue to Tea Party-funder Koch Industries, there was no shortage of reader suggestions. However, one PAC out-spent them all.

The answer is� Honeywell International.

Manufacturing titan Honeywell International's PAC doled out about $3.5 million in campaign contributions during the 2010 election cycle, while giving 55 percent of their funds to Democrats, according to the Center's analysis of federal filings. The company edged out PACs for AT&T, which gave $2.7 million, and the International Brotherhood of Electrical Workers, which donated $2.6 million.

Congrats, Keith Orchard -- you're this week's winner! Since you were the first to guess the correct answer, you will receive a free copy of The Blue Pages: Second Edition. To everyone else, better luck next time!

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Tuesday, December 7, 2010

Making Money Secrets

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