Tag Archive: Party Of The Rich


Hillary Is The Favorite Among Millionaire Voters

 

 

 

” Hillary Clinton is the favorite U.S. presidential candidate among millionaire voters and would win a head-to-head contest with former Florida Governor Jeb Bush, according to the third CNBC Millionaire Survey conducted in March that was released today.

  The survey, which polls 750 Americans with a net worth of $1 million or more, found that 53 percent of millionaires would vote for the Democratic ex-Secretary of State, compared with 47 percent for the GOP presidential hopeful, in a hypothetical general-election match-up. Clinton had the support of 91 percent of Democratic millionaires, 13 percent of Republican millionaires and 57 percent of Independent millionaires.”

 

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Democrats Relying On Big Donors To Win

 

 

 

 

” Democrats love to cast Republicans as the party of big money, beholden to the out-of-touch billionaires bankrolling their campaigns. But new numbers tell a very different story — one in which Democrats are actually raising more big money than their adversaries.

  Among the groups reporting the biggest political ad spending, the 15 top Democrat-aligned committees have outraised the 15 top Republican ones $453 million to $289 million in the 2014 cycle, according to a POLITICO analysis of the most recent Federal Election Commission reports, including those filed over the weekend — which cover through the end of last month.

  The analysis shows the fundraising edge widening in August, when the Democratic groups pulled in more than twice as much as their GOP counterparts — $51 million to $21 million. That’s thanks to a spike in massive checks from increasingly energized labor unions and liberal billionaires like Tom Steyer and Fred Eychaner.

  So, even as Democrats like Senate Majority Leader Harry Reid are working methodically to turn conservative megadonors like the big-giving conservative billionaire brothers Charles and David Koch into the boogeymen of 2014, the party itself is increasingly relying on its deepest pockets as the best chance of staving off a midterm wipeout forecast by oddsmakers.

  For example, Steyer, a retired San Francisco hedge fund billionaire, on Aug. 15 stroked a $15 million check to his own NextGen Climate Action super PAC that single-handedly exceeded the combined monthly total raised by the two GOP congressional campaign committees. And his political lieutenant, Chris Lehane, hinted that Steyer, one of the biggest individual donors of 2014, may give more to his super PAC than his $50 million pledge, which Lehane said “should not be seen as a ceiling.” Steyer’s spending — and that of other Democratic billionaires — has helped fuel an advertising gap favoring the party’s candidates in key races across the country.”

 

 

The hypocrisy is staggering …

 

 

” And, even as Democrats waded haltingly into big money spending in 2012, they continued scolding Republicans for their reliance on deep-pocketed benefactors. In this year’s races, Democrats have essentially adopted a plank attacking Republicans as in the pocket of the Koch brothers — with Reid repeatedly taking to the Senate floor to make the case — even as Democrats have in some ways surpassed Republicans in the big money chase.”

 

 

 

Read it all at Politico

 

 

 

 

 

 

 

 

 

The Party Of The Rich Flogs Income Inequality

 

 

 

” Back when I was a kid, I used to think Republicans were the party of the rich — white guys who belonged to country clubs and drove Fleetwoods.  Of course, that was long before I heard of the likes of George Soros, Bill  Gates, Warren Buffet, Steve Jobs and Larry Ellison — white guys who fly Gulf Streams and have mansions in Gstaad.  (Well, Buffett lives a little more circumspectly.)  Or went to work in Hollywood, land of Jeff Katzenberg, David Geffen, Oprah Winfrey, etc. There’s rich and then there’s REALLY RICH, if you know what I mean.  And a fair number, maybe the majority, of the latter are Democrats and profess to be liberals or progressives or something.  (And there’s Fidel Castro, who is evidently a billionaire, and professes to be a communist.)

These days, when everybody’s insurance agent or accountant drives around in a Mercedes because interest rates are so low and why not, when it comes to true conspicuous consumption, when it comes to really being the true modern plutocrats, the Democrats are now the party of the rich — Sheldon Adelson excepted, of course.

So  when I watched the broadcast of the inauguration of New York City’s new mayor Bill de Blasio with all the talk of income equality and two New Yorks blablabla, all I could do is snort — that is after checking out the cut of the expensive topcoats on De Blasio and Bill Clinton. Good schmeck, I believe they used to call it  in the Garment District.”