After reading all 3,500 words from the July 9 Fortune magazine cover story, “Who business is betting on,” you might think it’s Democratic Presidential hopeful Sen. Hillary Clinton (D-N.Y.)
According to the story, the liberal Clinton (who has a 95 percent liberal rating from the left’s Americans for Democratic Action) has assembled a parade of CEO endorsements – even from Republicans. Based on that, readers are supposed to believe
Reporter Nina Easton was spinning just a bit.
The story claimed one of
But John Mack has never been dedicated to solely to Republican Party candidates. Dating back as far as 1994, Mack has contributed to both Republican and Democratic candidates, according to Opensecrets.org. Those included candidates anywhere on the political spectrum from Sen. Charles Schumer (D.-N.Y.) (who has a 100 percent liberal rating by the
Also, the Macks founded the Bravewell Collaborative, an organization that “was established as an operating foundation dedicated to transforming the culture and delivery of healthcare by returning the soul to medicine.”
And who were the CEOs in
Sheryl Sandberg, vice president of global online sales at Google. Sandberg was a known Democratic contributor who donated heavily to the Democratic Congressional Campaign Committee.
Steve Rattner, Managing Principle of the Quadrangle Group, who had a history of donating to liberal causes – totaling more than $700,000.
Steven Spielberg , Dreamworks Co-founder and known liberal activist.
Haim Saban, CEO of Saban Capital Group, who has already donated over $47,000 to Democratic candidates and Democratic committees in 2007.
James D. Robinson, partner of RRE Ventures, who has a long history of campaign donations to both Democratic and Republican candidates.
Jeffrey Volk, Citigroup executive, donated to George W. Bush in the 2003 and 2004, but also donated to Sen. James Webb (D.-Va.) in 2006.
Fortune Magazine hasn’t been a beacon of balanced business journalism. Andy Serwer, managing editor of Fortune Magazine, part of Time-Warner’s CNN, has a history of advocating liberal positions on some issues including on minimum wage, gas prices and has often had a pessimistic view of the economy.