Money Talks ?

From the New York Post

"REV. AL SOAKS UP BOYCOTT BUCKS
BIZ GIANTS PAY OR FACE RACE RALLIES
By ISABEL VINCENT and SUSAN EDELMAN

June 15, 2008 -- Anheuser-Busch gave him six figures, Colgate-Palmolive shelled out $50,000 and Macy's and Pfizer have contributed thousands to the Rev. Al Sharpton's charity.

Almost 50 companies - including PepsiCo, General Motors, Wal-Mart, FedEx, Continental Airlines, Johnson & Johnson and Chase - and some labor unions sponsored Sharpton's National Action Network annual conference in April.

Terrified of negative publicity, fearful of a consumer boycott or eager to make nice with the civil-rights activist, CEOs write checks, critics say, to NAN and Sharpton - who brandishes the buying power of African-American consumers. In some cases, they hire him as a consultant.

The cash flows even as the US Attorney's Office in Brooklyn has been conducting a grand-jury investigation of NAN's finances.

A General Motors spokesman told The Post that NAN had repeatedly - and unsuccessfully - asked for contributions for six years, beginning in August 2000.

Then, in December 2006, Sharpton threatened to call a boycott of the carmaker over the closing of an African-American-owned GM dealership in The Bronx, and he picketed outside GM headquarters on Fifth Avenue.

Last year, General Motors gave NAN a $5,000 donation. It gave $5,000 more this year, a spokesman said, calling NAN a "worthy" organization.

In November 2003, Sharpton picketed DaimlerChrysler's Chicago car show and threatened a boycott over alleged racial bias in car loans.

"This is institutional racism," he bellowed.

In May 2004, Chrysler began supporting NAN's conferences, which include panels on corporate responsibility and civil rights and a black-tie awards dinner to honor Martin Luther King Jr. Last year, Sharpton gave Chrysler an award for corporate excellence.

In 2003, Sharpton targeted American Honda for not hiring enough African-Americans in management.

"We support those that support us," wrote Sharpton and the Rev. Horace Sheffield III, president of NAN's Michigan chapter, in a letter to American Honda. "We cannot be silent while African-Americans spend hard-earned dollars with a company that does not hire, promote or do business with us in a statistically significant manner."

Two months after American Honda execs met with Sharpton, the carmaker began to sponsor NAN's events - and continues to pay "a modest amount" each year, a spokesman said." REV. AL SOAKS UP BOYCOTT BUCKS - New York Post