> > I wonder who the money is behind the AEI
>
> The 1994 edition of Herbert Stein's "Presidential Economics: The Making
> of Economic Policy from Roosevelt to Clinton" has a list of sponsors in
> the back of the book. . . . Here's the biz. part of the list:
>
<snip just for size sake>
>
> Smith Barney Shearson
> Coca-Cola
> Texaco
> FMC Corp.
> Kohlberg Kravis Roberts & Co.
> State Farm Mutual Automobile Insurance
> GTE
> Forstmann Little & Co.
So how do corporation donations like this get made? Does a managing director decide he likes a group because he shares some of its views and wants them to prevail, and then he brings it up at a board meeting, and his colleagues sign off on giving the group a hundred grand and writing it off on their taxes? Is this just basically rich guys funding their causes through corporate forms? So where charging your swimming pool to the company would be illegal, charging your manias to the company is perfectly fine so long as your partners will let you and you can convince them it's just normal PR and lobbying?
Michael