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De Omnibus Dubitandum - Lux Veritas

Monday, October 7, 2013

Tea Party loosens K Street's stranglehold on the GOP

By TIMOTHY P. CARNEY | OCTOBER 5, 2013

The election of Tea Party conservatives like Rand Paul indicated the end of K Street's stronghold... How did the Republican Party become so splintered and so infused with hard-line conservatives?  Don't blame redistricting. Don't chalk it up to anti-Obama fervor.  Republicans have become an unruly bunch of scorched-earth conservatives because the Tea Party smashed the business lobby's monopoly on GOP fundraising…..Back in 2006, I asked a couple of conservative Republican congressmen to give blurbs for my book on corporate welfare. “My boss loves the book,” one of their top aides said, “but we’re not going to put his name on it." Why not, I asked. "Who do you think funds his campaigns?" she whispered. "It’s not the Family Research Council.”
In short, the conservative congressman was happy to fight the good fight, but he wasn’t willing to upset Big Business because that’s where the checks came from — and no checks meant no re-election. 
Having two sources of money changes the party…..“I don't think there's a way for Wall Street to punish the 25 to 50 hardcore House Republicans,” one Wall Street lobbyist told Politico in the first couple days of the shutdown. Referring to an anti-establishment libertarian freshman congressman, the lobbyist said, “I don't think Justin Amash cares if Bank of America gives to him or not.”  A Republican who doesn’t care about Bank of America checks wasn’t possible before the Tea Party. ……To Read More….

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