Hedge Funds Donate Big to Democrats; Get Exemption from Bank Bill
by PubliusFrom The Hill:
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.
The money went to Democratic campaign committees, individual lawmaker’s election bids and other political action committees.
The data looks at the 10 highest-paid hedge fund managers in 2009, as identified by AR: Absolute Return+Alpha magazine. The New York Times published a story in March identifying the hedge fund managers, including John Paulson and George Soros.
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.
Continue reading here. Cry me a river, Ms. Slavkin. By now you should know that ‘he who pays the piper calls the tune.’ Guess Labor doesn’t like that there is a new band in town.
Email this to a friend | Print |
Share on Facebook
| Tweet this
| 
Follow Us on Twitter
Subscribe via RSS
Got a Tip?
55 Comments
These people needs to be in jail.
Shock, Dismay, Say it isn't so. What a surprise. Once a liar, always a liar. The shoe fits these leftist in power now.
Restore the Republic,
God Bless America
Wait a minute. This can't be true! I thought McCain-Feingold was going to fix all of this slush money! There's a loophole? We all know the Dems are always crying about closing loopholes. Don't worry they will take care of it. As soon as they stop spending and borrowing trillions.
Yeah, yeah. That's the ticket!
[...] Read Full Article >> BigGovernment [...]
I guess you are saying that these are the most successful hedge fund managers — i.e., the ones who had the best understanding of where the economy was heading over the last few years and invested their funds' assets accordingly — and they all are Democrats.
I am certain that the Republicans must have gotten donations from plenty of hedge fund managers who were less successful at predicting the economic direction of the country.
agreed
[...] hedge fund managers gave 98% of contributions to Democrats Story here on Big Government. (H/T [...]
[...] Big Government: The world’s top-earning hedge fund managers have bankrolled almost exclusively Democratic [...]
Johns only give money to those wh***s who turn tricks for them, not the nice girls who want to put it in savings.
Who says the Democrats don't pander to Wall Street? Let's see tax $100m at 15% cap gains rate vs 38% Inc Tax Rate for a difference of $23M. Yup, I guess they can afford to pay to play!
Everyone that has Obama in their pocket gets a pass!! He needs to be impeached NOW!!
it's cute what a fantastic narrative it is that you all buy into. if you all believe in tinkerbell and clap then republicans are not more fascistic or corporate owned than democrats, and are less culpable for the economic meltdown caused by lack of regulation of shadow markets and collusion between high finance and government.
these people get payed to place bets. the bet that the D's would be in power to create legislation to their liking was an easy one to predict over the last few years. if the R's were moving upwards on the power graph then they would be getting the dough. both parties are corporate owned and the real narrative has less to do with socialism or fascism and more to do with corporatism.
the irony to me would be if the R's would be willing to buck their owners and ideological brothers in the name of scoring political points against the donkey. no one ever accused the pubes of loyalty or of containing a lack of pettiness or cognitive dissonance. you might be willing to actually punish wall st. in order to hurt the democrats. but i wouldn't count on it. i wouldn't count on either party to raise their eyes to the real antagonist: davos man.
D's are corporate sluts and so are R's. surprise, surprise. tell me something i don't know.
i recently read a weekly standard article about american oligarchy. are you serfs going to figure out whats really going on but simply project your evils and failures on the other half of this dualistc stupidity? of course you are.
Politicians don't sell their souls. They sell ours.
Shock, Dismay, Say it isn't so. What a surprise. Once a liar, always a liar. The shoe fits these leftist in power now.
Restore the Republic,
God Bless America
Shock, Dismay, Say it isn't so. What a surprise. Once a liar, always a liar. The shoe fits these leftist in power now.
Restore the Republic,
God Bless America
soros, soros, soros, obamasoros
[...] [...]
This is what is so wrong about this financial "reform". It exempts the Democrats big donors who were part of the problem in the financial crisis.
http://www.PoliticalCentrist.com News and views for independent voters
Funny, I think you have just identified the next "dinosaur". I can hardly wait til they are all simply fossils…
You Lie! You know that all Wall Street types are eeeevil Republicans!
Mickey,…..oh Mickey,….where are you,………..
We are all waiting for your insightful comments on this,……….
you are, after all, the financial guru on this site.
I think the trolls are out spending their Disability check which came in the mail the first of the month.
Wait a minute. This can't be true! I thought McCain-Feingold was going to fix all of this slush money! There's a loophole? We all know the Dems are always crying about closing loopholes. Don't worry they will take care of it. As soon as they stop spending and borrowing trillions.
Yeah, yeah. That's the ticket!
The trolls are certainly absent from this thread. Did Soros give them time off for Kent State Day?
I guess you are saying that these are the most successful hedge fund managers — i.e., the ones who had the best understanding of where the economy was heading over the last few years and invested their funds' assets accordingly — and they all are Democrats.
I am certain that the Republicans must have gotten donations from plenty of hedge fund managers who were less successful at predicting the economic direction of the country.
When the Voice speaks,………people listen,………..
it must be nice ti have all these facts at your finger tips,……..I envy you there Voice.
Don't forget – Obamao wants to give Tax Cheat Geithner sole authority to take apart any company at whim. This is their way of getting around the Supreme Court decision regarding donations. Geithner can go after any company donating to the Republicans while exempting those contributing to the Dems.
Democrat Party = a national crime syndicate.
Don't forget – Obamao wants to give Tax Cheat Geithner sole authority to take apart any company at whim. This is their way of getting around the Supreme Court decision regarding donations. Geithner can go after any company donating to the Republicans while exempting those contributing to the Dems.
Democrat Party = a national crime syndicate.
You remember what happened to Dean Witter, ChicagoR!
And now that ankle-grabbing crowd gets it payoff…without the benefits of any KY Jelly!
Dean Witter bought Morgan Stanley in a stock deal, kept the white shoe MS name andthen threw-out the old MS management. Today, the original Dean Witter organization is #2 to GS.
I'm sure you will heare this on Good Morning America, not.
Do yo think we can we finally stop with the tired, old myth that its the republicans who are bought and paid for by business?
If the hedge funds were major contributors to the financial meltdown, then their almost $33,000,000 of contributions to the democrats compared to $600,000 of contributions to the republicans, says about all there is to say of what party bears the greatest responsibility for the financial meltdown, the democrats. Not likely to hear that conclusion from the former mainstream media.
Manipulating law!!!! In any other part of society this would be illegal!!!! Mob Bosses paying off the law! In this case it is Money bosses paying off the legislators and Judges!!! Birds of a manipulating feather flock together!!! Professional criminals are easy to spot, they hide behind creative titles that actually tell on them!!! The hedge, where someone could hide while, controlling everything unnoticed!!!!
Of course the crooks are going to donate heavily to the gangster Democrats that are going to continue to allow their unregulated stock market boiler room operations. There are currently two systems, the normal stock market system composed of the DOW, and NASDAQ etc. Then there's the hidden back room or boiler room "Hedges, Derivatives, and Credit Default Swaps," that are uncontrolled, but secretly tied to the legal stock system. I say, outlaw the later, or make them move to the Las Vegas gambling tables.
Fantastic write-up ability here, thanks for the fantastic work !
[...] Big Dem Donors Get Exemption in Bank Bill [...]
[...] related to this article What is John Cummuta, anyway? Is it worth spending the money, or … | » Hedge Funds Donate Big to Democrats; Get Exemption from Bank … | Archibald: Travel spending smells a little [...]
George Soros has been extremely successful at making other people poor. That's what he specializes in. So it makes sense that he's a big daddy for Little Barry.
Of course, you're right. In an arena where each race has a winner and a loser, and each have the same 'racing form', any reasonable bettor can see how 98% of the winners coming from the same barn is simply a matter of truly understanding how the horses are running. Nothing else to see here. Just shuffle off.
George Soros has been extremely successful at making other people poor. That's what he specializes in. So it makes sense that he's a big daddy for Little Barry.
George Soros has been extremely successful at making other people poor. That's what he specializes in. So it makes sense that he's a big daddy for Little Barry.
Sssssh.. Obama don’t want you to know this..
I CAN CREATE 15 MILLION JOBS If USA Pulls out of NAFTA and WTO right now..
Here are my Job creation Computations:
Total USA Imports in 2006:
———————–
$ 2,211.7 billion — Total Imports.
$ – 309.4 billion —(Money spent on Imported Crude Oil)
———————–
$ 1,902.3 billion / 30 billion=63.41 million jobs lost from Imports.
Total USA Exports in 2006:
———————–
$ 1,451.7 Billion / 30 billion=48.39 million jobs America Created from Exports.
If USA Pulls out of NAFTA and WTO right now:
So, 63.41 minus 48.39 = 15.02 million NET JOBS GAIN.
But, a lot of Exports must be purchased in the USA. That would mean an even more jobs created in America than I have estimated.
My calculation means an ABSOLUTE 15.02 million Jobs gained if the rest of the world did not buy even one penny of USA EXPORTS.
SO MOTE IT BE. . . . .
BY: Harry Dingey
dude i cannot wait for this gamedude i just cannot wait for this game
wow i just can’t wait for this gameman i cant wait for this game
[...] Hedge Funds Give to Democrats, Get Exemption in Finance Bill [...]
[...] Obama gets lots of contributions from big banks. [...]
I CAN CREATE 15 MILLION JOBS ALMOST OVER NIGHT right here in America !!!
Here is my Job creation Computations:
+++++++++++++++++++++++++++++++++++++++++++++++++
Total USA Imports in 2006:
———————————-
$ 2,211.7 billion —– Total Imports.
$ – 309.4 billion —– (Money spent on Imported Crude Oil)
————————————————–
$ 1,902.3 billion / 30 billion=63.41 million jobs lost from Imports.
==================================================
Total USA Exports in 2006:
———————————-
$ 1,451.7 Billion / 30 billion=48.39 million jobs America Created from Exports.
If USA Pulls out of NAFTA and WTO right now:
USA would absolutely gain a total of 63.41 million Jobs by Manufacturing all IMPORTS right here in the USA.
So, 63.41 minus 48.39 = 15.02 million NET JOBS GAIN. But, a lot of Exports must be purchased in the USA. That would mean an even larger number of jobs created in America than I have estimated.
I CAN CREATE 15 MILLION JOBS ALMOST OVER NIGHT right here in America !!!
Here is my Job creation Computations:
+++++++++++++++++++++++++++++++++++++++++++++++++
Total USA Imports in 2006:
———————————-
$ 2,211.7 billion —– Total Imports.
$ – 309.4 billion —– (Money spent on Imported Crude Oil)
————————————————–
$ 1,902.3 billion / 30 billion=63.41 million jobs lost from Imports.
==================================================
Total USA Exports in 2006:
———————————-
$ 1,451.7 Billion / 30 billion=48.39 million jobs America Created from Exports.
If USA Pulls out of NAFTA and WTO right now:
USA would absolutely gain a total of 63.41 million Jobs by Manufacturing all IMPORTS right here in the USA.
So, 63.41 minus 48.39 = 15.02 million NET JOBS GAIN. But, a lot of Exports must be purchased in the USA. That would mean an even larger number of jobs created in America than I have estimated.
[...] Hedge Funds Give to Democrats, Get Exemption in Finance Bill [...]
Recent Blogroll Additions……
[...]usually posts some very interesting stuff like this. If you’re new to this site[...]……
Potato And Leek Soup Eager job, Your base is an representation of why I sustenance forthcoming hindmost to have your fantabulous grade…
Eager job, Your base is an representation of why I sustenance forthcoming hindmost to have your fantabulous grade…
herbal remedies Thanks formerly many for this online. I certainly dear every bit of it….
Thanks formerly many for this online. I certainly dear every bit of it….
reverse phone number Excellent post. I was checking continuously this blog and I’m impressed! Very useful info specially the last part
I care for such information much. I was seeking this certain information for a long time. Thank you and best of…
Excellent post. I was checking continuously this blog and I’m impressed! Very useful info specially the last part
I care for such information much. I was seeking this certain information for a long time. Thank you and best of luck….
puppy breeders The beauty of these blogging engines and CMS platforms is the of limitations and naturalness of influence that allows developers to deluxe cognition and ‘skin’ the place in much a way that with really small travail one would never note…
The beauty of these blogging engines and CMS platforms is the of limitations and naturalness of influence that allows developers to deluxe cognition and ‘skin’ the place in much a way that with really small travail one would never note what it is makin…
You must be logged in to post a comment.