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Comment on Apple CEO Tim Cook Donating $1 Million to Trump's Inaugural Fund

Amazon, Meta, Uber, OpenAI’s Sam Altman, Goldman Sachs, Bank of America, Coinbase, Toyota, Ford, GM, AT&T, Black & Decker, and Charter Communications are also making donations to Trump’s inauguration fund.

I guess I never really paid attention before but is it normal for companies to donate to an inauguration fund? It sure seems like a government sanctioned protection racket.

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shalafi@lemmy.world ⁨2⁩ ⁨weeks⁩ ago
Perfectly normal, but not like this.

www.opensecrets.org/obama/inaug_2009.php

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- jballs@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago
  ABC News reported that Trump’s second-inauguration haul is on track to shatter the previous $107m record, as pledged contributions have already exceeded a $150m fundraising goal. Barack Obama’s inauguration raised $53m in 2009 and $42m in 2013, and Joe Biden’s raised $63m in 2021.
  
  abcnews.go.com/US/…/story?id=116918692
  
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- bulwark@lemmy.world ⁨2⁩ ⁨weeks⁩ ago
  Oh wow, this is really informative. Thanks for the link friend
  
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- blazeknave@lemmy.world ⁨2⁩ ⁨weeks⁩ ago
  Speaking of forgetting what’s perfectly normal… the days before uniting the citizens…
  
  Obama capped money for his inauguration at $50,000 per person - still, more than 10 times what individuals could give to his campaign.
  
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catloaf@lemm.ee ⁨2⁩ ⁨weeks⁩ ago
Only since Citizens United.

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- spujb@lemmy.cafe ⁨2⁩ ⁨weeks⁩ ago
  you’re thinking of FECA probably. inauguration vs campaign funds are different things, and Citizens United was about campaign funds.
  
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  - floofloof@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago
    It certainly has a FECAl smell about it.
    
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