"In a time of universal deceit telling the truth is a revolutionary act." -George Orwell

Facebook Forms PAC For Political Donations Ahead Of 2012 Elections

In Uncategorized on October 3, 2011 at 3:36 pm

Oldspeak:”Not content with dominating social networking, Facebook has gotten into the law making/law enforcement business. Facebook is lobbying politicians & running candidates for elected office. This news comes weeks after Facebook warned  a reporter about expressing his political viewpoint on its site.  Facebook’s PAC “will give our employees a way to make their voice heard in the political process by supporting candidates who share our goals of promoting the value of innovation to our economy while giving people the power to share and make the world more open and connected,” spokesman Andrew Noyes Said. Federal records show the company has more than tripled its federal lobbying spending since 2009, from about $200,000 to more than $730,000 this year. Much of Facebook’s recent lobbying activity has focused on net neutrality and privacy issues. The move is the latest in a series of maneuvers boosting the Palo Alto company’s political profile in recent years, joining a steady rise in lobbying spending, several high-profile fundraisers and the failed statewide candidacy of one of its key officers for attorney general last year” –Chase Davis  Why does a corporation that claims to be “about building relationships not a platform for your political viewpoint.”(Nevermind the countless politicians and political organizations with pages on its site) need a political action committee?

Related Story:

Facebook Forms PAC For Political Donations

By Chase Davis @ The San Francisco Chronicle:

Social networking giant Facebook is expanding its political footprint, confirming that it has filed the necessary paperwork to open a political action committee in advance of the 2012 elections.

The move is the latest in a series of maneuvers boosting the Palo Alto company’s political profile in recent years, joining a steady rise in lobbying spending, several high-profile fundraisers and the failed statewide candidacy of one of its key officers for attorney general last year.

News of the Facebook PAC was confirmed earlier this week by congressional newspaper the Hill, which noted that the company registered two domain names – FBPAC.org and FBPAC.us – that were intended for the committee’s use.

Much like Microsoft and Google before it, Facebook’s meteoric rise has been followed by a boost in political activity across the board.

Federal records show the company has more than tripled its federal lobbying spending since 2009, from about $200,000 to more than $730,000 this year. Much of Facebook’s recent lobbying activity has focused on net neutrality and privacy issues.

The company also has added a number of key political players to its bench in recent months. Sheryl Sandberg, who served as chief of staff for the Treasury Department under President Bill Clinton, joined Facebook as chief operating officer in 2008. She held a fundraiser for President Obama this week at her home in Atherton, where Lady Gaga was among the attendees.

Other key political hires have included former George W. Bush administration official Joel Kaplan, who was hired to lead the company’s Washington, D.C., offices, and Tucker Bounds, who ran communications for former eBay CEO Meg Whitman’s failed gubernatorial bid last year.

The company has expanded its footprint in Sacramento, too, spending more than $50,000 on lobbying through the first two quarters of this year and nearly $80,000 last year, when it hired its first state-level lobbyist.

Among the bills it lobbied were a measure that would have required stringent reporting for sex offenders on social networking sites and bills related to privacy and carpooling benefits.

The sex offender issue has come up for Facebook before, notably when the company’s former chief privacy officer, Chris Kelly, ran for California attorney general last year. Kelly, who resigned his post at Facebook in order to run, placed third in the Democratic primary.

The company also plans to co-sponsor a debate between Republican presidential candidates early next year in New Hampshire.

California Watch is a project of the nonprofit Center for Investigative Reporting. Contact the author at cdavis@californiawatch.org. For more, visit californiawatch.org

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