Former National GOP Chair Defends Corporate Election Spending By Michael McIntee | January 2, 2012 LikeTweet EmailPrint More More on Campaign Finance Subscribe to Campaign Finance Follow this author Click photo to hear Michael Steele endorse corporate funded elections Click photo to hear Michael Steele endorse corporate funded electionsFormer National Republican Party Chair Michael Steele says corporations have the right to spend as much money as they want on elections. But at the same time, corporations ought to disclose how much they give, and do so immediately, such as the law in Virginia stipulates. Steele is in Des Moines for Tuesday’s caucuses. Steele said he likes the grassroots shake-em-up candidates like Ron Paul, and fears that Mitt Romney won’t fire up the base. Oh, and he liked Mission Impossible. Support this story and all the stories from The Uptake. Donate.