NYC Comptroller to Texas Company: Say, Why Do You Donate to the NRA?

Posted by on Apr 22, 2014 at 8:08 am

Somehow we suspect this meddling twit doesn’t scrutinize the donations companies are making to his pet political causes, but in this era of liberal fascism anyone daring to donate to causes that aren’t approved by the angry left are subject to harassment. Just ask Brendan Eich about that.  Considering New York City has a relatively small amount of pension money invested in this company perhaps they should just sell those shares off and mind their own business.

The New York City comptroller has asked a Texas oil company to explain why it has been connected to political donations that appear to have little to do with its energy business.

Comptroller Scott Stringer, investment adviser and trustee to the $150 billion city pension funds, is questioning “both the magnitude and the corporate purpose” behind the Clayton Williams Energy Inc. donations to the National Rifle Association and American Crossroads, a conservative political action committee. He’s urging full disclosure to shareholders of all political spending, saying it poses “legal, reputational and operational risks.”

“The reported contributions are extremely large for such a small company and seem intended to further the political views of its chairman and CEO rather than the interests of the company itself,” Stringer said Monday.

Stringer, a Democrat, was a state assemblyman and Manhattan borough president before he was elected comptroller last year. His letter was emailed and faxed to the company Friday.

The company’s chairman, Clayton Williams Jr., was a Republican candidate for Texas governor in 1990. A spokeswoman for the Midland-based company, Patti Hollums, confirmed Monday that the company made aggregate donations of $2 million in 2012 to a charitable organization and a tax-exempt political organization that were disclosed in its earnings and annual reports. She declined further comment.

The oil company was listed among the NRA’s corporate partners for a donation of at least $1 million, according to a 2011 report from the Violence Policy Center. In August 2012, the company gave $1 million to American Crossroads, which was formed with help from former President George W. Bush’s top adviser, Karl Rove, according to a Federal Election Commission report.

Maybe someone should investigate the dubious Violence Policy Center and ask why this 501(c)(3) is possibly violating tax-free status by harassing the NRA. You’ll never guess who helps fund them.

4 Responses to “NYC Comptroller to Texas Company: Say, Why Do You Donate to the NRA?”

  1. dot on 22/22/14 at 12:20 pm

    Hmmm… Clayton Williams Energy Inc not only operates in Texas but is based in the heart of the Permian Basin. He’d be run out of town on a rail for NOT supporting the local NRA Banquet.

    I’ve got a better idea – if you don’t like how Texans do business then feel free to sell off your interests….. or is it the only thing in your portfolio that’s performing? I know what my oil stocks are doing and it’s providing some very nice dividends these days.

  2. Neyney on 22/22/14 at 2:31 pm

    As a Texan let me just say to anyone in any other state, country, or universe that what happens in Texas is none of your business. I remember Clayton Williams. He was a staunch conservative. He was a big supporter of the NRA as are many Texans. If you little girly boys up in NYC get the vapors because Texas is a gun rights pro 2nd amendment state then I suggest you never come to visit. We don’t want you polluting our air anyway. Now FOAD