“I was a businessman. I give to everybody,” Donald Trump once bragged when asked why he wrote checks to Hillary Clinton. “Three years later, I call them, and they are there for me.”
Which begs the question: If a prudent businessman gives to “everyone” so they can call in favors later, why haven’t any Fortune 100 CEOs given money to the Trump-Pence campaign? Seriously. The Wall Street Journal reports not a single CEO for these top 100 companies has tried to buy future influence with Donald Trump.
These “Fortune 100” companies sit at the very top of the Fortune magazine’s Fortune 500, an annual list of the 500 most profitable corporations in the world. By the alleged billionaire’s own logic, the elite 100 CEOs who run these companies know what they’re doing. Yet apparently, they either lack confidence in his abilities or don’t think he has a snowball’s chance in winning … or both.
‘No chief executive at the nation’s 100 largest companies had donated to Republican Donald Trump’s presidential campaign through August, a sharp reversal from 2012, when nearly a third of the CEOs of Fortune 100 companies supported GOP nominee Mitt Romney.’
Meanwhile, Hillary Clinton has won over 11 of these top CEOs. These corporate titans include Tim Cook (Apple), Meg Whitman (Hewlett-Packard), Doug Parker (American Airlines), and Mark Parker (Nike).
‘Altogether, the 11 CEOs [from the top 100 companies] have donated more than $30,000 to Mrs. Clinton, according to Federal Election Commission records. Two of those CEOs, including Mr. Cook, have raised more than $100,000 from other contributors for Mrs. Clinton, according to her campaign.’
Hillary Clinton’s Campaign Chair John Podesta says it’s because his boss inspires more confidence in the business community than Donald Trump.
‘We’re fortunate a growing number of business leaders recognize Hillary Clinton is the right candidate for the economy.’
And that comes as no surprise. Face it, Donald Trump’s not much of a businessman, with all the bankruptcies, scams, unpaid contractors and vendors, and other massive failures. As with the various top Republicans who’ve endorsed Hillary Clinton, some of these CEOs changed sides after Mein Trumpf won the GOP nomination.
‘Some executives who backed Republicans earlier in the election have since shifted allegiances. Roger Crandall, CEO of Massachusetts Mutual Life Insurance, donated $10,000 to the super PAC backing Mr. Bush last year. Mr. Crandall, who donated $5,000 to Mr. Romney in 2012, gave the maximum $5,400 to Mrs. Clinton’s campaign in July.’
The Wall Street Journal further twists the knife with this little tidbit: 19 CEOS gave more than $100,000 to Donald Trump’s rivals during the GOP primaries, but won’t give to him.
Hewlett-Packard CEO Meg Whitman, who’s campaigning for Hillary Clinton, described her rival as “reckless and uninformed:
‘Donald trump’s demagoguery has undermined the fabric of our national character.’
Even the infamous Charles and David Koch, who’ve long bankrolled right-wing campaigns, causes, think tanks, and super PACs refuse to support Donald Trump. David Koch wound up backing his fellow Libertarian, Gary Johnson, while Charles Koch has fiercely denied rumors that he’s mulling Hillary Clinton.
The rest of the Fortune 500 CEOs also prefer Hillary Clinton to Donald Trump.
As it turns out, the CEOs for Fortune’s top 100 companies don’t differ much from the lower (but still elite) tier of the Fortune 500. Forbes sent a survey to all of the Fortune 500 CEOs asking who they’d prefer in a two-way matchup, and 58 percent went for Hillary Clinton, while only 42 percent said they favored Donald Trump.
— Stacy Jones (@stacyannj) June 1, 2016
It’s highly unusual for these top executives to support a Democrat. As Forbes points out, “Big company CEOs tend to lean heavily Republican.” Unfortunately for Donald Trump, just about everything that comes out of his mouth makes them skittish.
‘But most of the 500 operate on a global scale, and many disagree with Trump’s proposals for raising trade barriers. Some also have been rattled by his stance on immigration, or by his comments showing little understanding of public finance.’
In other words, Donald Trump presents himself as a savvy outsider whose business experience qualifies him to run the country, but the top leaders in the business community strongly disagree.