MSNBC.com identified 143 journalists who made political contributions from 2004 through the start of the 2008 campaign, according to the public records of the Federal Election Commission. Most of the newsroom checkbooks leaned to the left: 125 journalists gave to Democrats and liberal causes. Only 16 gave to Republicans. Two gave to both parties.
The donors include CNN’s Guy Raz, now covering the Pentagon for NPR, who gave to Kerry the same month he was embedded with U.S. troops in Iraq; New Yorker war correspondent George Packer; a producer for Bill O’Reilly at Fox; MSNBC TV host Joe Scarborough; political writers at Vanity Fair; the editor of The Wall Street Journal’s weekend edition; local TV anchors in Washington, Minneapolis, Memphis and Wichita; the ethics columnist at The New York Times; and even MTV’s former presidential campaign correspondent.
Here’s a little snip about The New Yorker:
The last bulwark against bias’s slipping into The New Yorker is the copy department, whose chief editor, Ann Goldstein, gave $500 in October to MoveOn.org, which campaigns for Democrats and against President Bush. “That’s just me as a private citizen,” she said. As for whether donations are allowed, Goldstein said she hadn’t considered it. “I’ve never thought of myself as working for a news organization.”
Don’t you think that this bias towards the left would affect how they report the news?
The world’s top-earning hedge fund managers have bankrolled almost exclusively Democratic campaigns.
The top 10 highest-paid hedge fund managers in 2009 have dished out campaign contributions almost only to Democrats.
Over their lifetimes, those managers have given almost $33 million in campaign contributions to Democrats, according to research by the National Republican Congressional Committee (NRCC) and that is based on data maintained by the nonpartisan CQMoneyline.
The same managers gave roughly $600,000 to Republicans, according to the research. The contributions went 98 percent to Democrats and two percent to Republicans.
But there’s more:
As the Senate prepares to debate possibly hundreds of amendments to a Wall Street overhaul bill, labor unions and others have criticized the bill for not having tough restrictions on hedge funds.
“It’s very disconcerting to see this legislation moving forward that gives them a complete pass,” said Heather Slavkin, of AFL-CIO.
I wonder if the two facts are connected in some way? Maybe.
Seventy Republican members of Congress want Treasury Secretary Timothy Geithner to cancel up to $6 million in bonuses and deferred compensation — approved before Christmas 2009 — for the chief executive officers of the failed mortgage giants Fannie Mae and Freddie Mac.
“(T)here’s a letter that’s going to Sec. Geithner from a number of us calling for a rescission of those bonuses,” Rep. Michele Bachmann (R-Minn.) told CNSNews.com Wednesday.
On Christmas Eve, at the same time the Obama administration announced that it was removing any cap on the amount of taxpayer aid to Fannie Mae and Freddie Mac, the failed mortgage giants announced that they had received approval from their financial regulator to pay $42 million in compensation packages to 12 top executives for 2009.
The compensation packages included up to $6 million each to Fannie Mae and Freddie Mac chief executives. For the CEOs, annual compensation consists of a base salary of $900,000, $3.1 million in deferred compensation and incentive pay of as much as $2 million. Public disclosure that the retention bonuses were being copnsidered first surfaced in the Spring.
And naturally my favorite member of Congress was involved:
“(We are pushing) for an ending — an unwinding, if you will — of the U.S. owning Fannie and Freddie. We want out of this sinking business as quickly as we possibly can, and we want to pull the plug on an unlimited taxpayer bailout of Freddie and Fannie,” Bachmann said.
[…]“When Sec. Geithner said that there’d be unlimited taxpayer funding continuing to go into this sinking ship, and then bonuses they’re given?,” she said. “On what basis? What did they do? What was the criteria that they could possibly be given a bonus? The fact that they got unlimited taxpayer money?”
Bachman was referring to Treasury’s announcement that it would send unlimited tax money to Fannie Mae and Freddie Mac, thereby eliminating the current $400 billion cap on emergency aid that Treasury can give without having to come back to Congress for authorization.
Fannie Mae and Freddie Mac are closely tied to Democrats.
Freddie and Fannie used huge lobbying budgets and political contributions to keep regulators off their backs.
A group called the Center for Responsive Politics keeps track of which politicians get Fannie and Freddie political contributions. The top three U.S. senators getting big Fannie and Freddie political bucks were Democrats and No. 2 is Sen. Barack Obama.
Now remember, he’s only been in the Senate four years, but he still managed to grab the No. 2 spot ahead of John Kerry — decades in the Senate — and Chris Dodd, who is chairman of the Senate Banking Committee.
Fannie and Freddie have been creations of the congressional Democrats and the Clinton White House, designed to make mortgages available to more people and, as it turns out, some people who couldn’t afford them.
Fannie and Freddie have also been places for big Washington Democrats to go to work in the semi-private sector and pocket millions. The Clinton administration’s White House Budget Director Franklin Raines ran Fannie and collected $50 million. Jamie Gorelick — Clinton Justice Department official — worked for Fannie and took home $26 million. Big Democrat Jim Johnson, recently on Obama’s VP search committee, has hauled in millions from his Fannie Mae CEO job.
WINTERY KNIGHT 