Tag Archives: Democrat

Commentary

Rich Wall Street donors abandoning Democrats

3 Comments

Story here in the leftist Washington Post. (H/T Wes Widner, ECM)

Excerpt:

A revolt among big donors on Wall Street is hurting fundraising for the Democrats’ two congressional campaign committees, with contributions from the world’s financial capital down 65 percent from two years ago.

[…]In reviewing the FEC records, The Post analyzed fundraising data for New York City and its suburbs in New Jersey, on Long Island and north of the city — a region that had become an outsized source of Democratic campaign cash. In the 2008 cycle, 28 percent of the two committees’ itemized individual contributions came from the region. Manhattan alone accounted for 20 percent.

In this election cycle, the percentage raised in New York is less than 10 percent of the total.

More than 600 regular donors from the New York area — whose four- and five-figure checks added up to $10 million for the DSCC and DCCC in 2006 and 2008 — have so far abandoned their effort to retain the Democratic majorities.

Take Jamie Dimon, the head of J.P. Morgan Chase, who is known for his close relationship with President Obama.

In 2006 and 2008, he donated $65,000 to the Democratic committees. This election cycle, he has not contributed at all to the DSCC or DCCC. At the end of March, however, he gave $2,000 to the campaign of Rep. Mark Kirk (R-Ill.), who is seeking to claim Obama’s former Senate seat. A spokeswoman for Dimon noted that he has given to individual Democratic candidates, just not to the campaign committees.

Other prominent Democratic donors who have not given to the Democrats this year include Leon Black, a co-founder of the $53 billion New York-based Apollo Global Management a private-equity firm, and his wife, Debra Black. The couple gave more than $200,000 to Democratic congressional committees over the previous two election cycles but have not given this year, according to the latest disclosure documents. A spokesman for Apollo declined to comment.

Lloyd Blankfein, chief executive and chairman of Goldman Sachs, has not donated to the Democrats, either, after giving $50,000 in the previous two cycles. A company spokesman declined to comment.

The problem has been particularly acute for Senate Democrats, whose previous DSCC chairman, Sen. Charles E. Schumer (N.Y.), had strong connections to Wall Street.

Wow, bet you never knew that big Wall Street bankers were all Democrats, did you?

News

CNN claims that the federal government is impeding Gulf spill news coverage

1 Comment

Watch this video from left-wing CNN. (H/T Hot Air)

CNN is being blocked by the government from going down to the beaches to take pictures and film – so that they cannot convey the severity of the damage and the problems caused by the government and the Coast Guard dragging their feet in order to comply with red tape and regulations.

The Democrats are not really interested in solving the problem, they just want you to vote them. That’s the only problem they’re serious about solving.

News

Washington Post blogger is an advisor for the Obama administration

Leave a comment

Story from Big Journalism. (H/T ECM)

Excerpt:

Ron Brynaert has a story over at his The Raw Story blog that reveals yet another denizen of the Old Media trying to be both a “journalist” and an operative of Barack Obama’s administration. She is Patricia McGinnis, an unpaid advisor at the White House and also one of the contributors to the Post’s “On Leadership” blog.

Once again we see the Old Media working hand-in-hand with the Obama administration and putting the lie to the idea of the “independent journalist” in traditional media outlets, this time with the Washington Post. Even worse than this collusion, though, is the fact that the Post somehow forgot to inform its readers of this little detail.

[…]While the position is unpaid, her work for Obama certainly would seem to be a pertinent fact that readers might want to know in order to assess the veracity of her work in the pages of the newspaper. Mysteriously, though, her work with Obama is not mentioned in her official bio on the Washington Post’s website.

[…]Just last month the Post’s supposed conservative blogger, Dave Weigel, had to quit when it was revealed his personal politics were extremely leftist, although he had presented himself as a conservative to both the readers and the editorial board of the paper.

That’s why newspapers are dying – they can’t be relied on to be objective. It’s just propaganda. If you don’t have two people on opposite sides talking, then it’s not objective.