Recently there was an announcement on the PR Watch site that Wal Mart (WMT) has also stopped supporting ALEC. (There is another article here.) This sounds like great news. Another dividend growth stock makes a good move to stop supporting an organization that pushes bad policy.
But I went to the Wal Mart web site to see if I could find a press release stating that they are no longer supporting ALEC, and I could not find one. The articles about WMT dumping ALEC link to a Reuters article. I could not find anything on the web sites for KO and PG, and I could not find anything there either.
I wonder why these companies would not put a press release on their sites. Since the Trayvon Martin “incident”, more knowledge about ALEC has come out, and it has not been positive (since for most people in this country ALEC is not a positive force). Part of me thinks that these companies are just saying they are no longer supporting ALEC. I will look out for their annual reports and see if I can find anything.
I tweeted ALECExposed and PRWatch my concern and there was no response.