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De Omnibus Dubitandum - Lux Veritas

Thursday, May 8, 2014

Democratic donors like George Soros, Elon Musk and Warren Buffett get rich off of Democratic policies

By Timothy P. Carney | APRIL 30, 2014

Democrats rail against "Big Money," "plutocrats" and "Big Business," in part to help them raise big money from plutocrats and Big Business. Ken Vogel of Politico crashed a high-dollar Dem donor event at the Ritz Carlton in Chicago, and got a few of the wealthy Democratic donors to defend their apparent hypocrisy:

“The people who are giving money into politics here are interested in changing the system. They’re not interested in getting return on investment,” said former Stride Ride president Arnold Hiatt.

One liberal organizer said, “George Soros isn’t trying to get a tax break or relief from regulation or whatever. He is basically saying, let’s have a system where somebody like me would be taxed more heavily,” This argument is made by liberal donors, politicians and writers everywhere: Conservative donors are donating to advance policies that enrich themselves, while liberal donors are seeking the good of the nation, not personal financial gain.

Vogel doesn't buy the argument. He cites green-energy investor Tom Steyer donating to advance green-energy subsidies and big trial lawyers lobbying against tort reform.

Let me add, off the top of my head, a few names to the list of major Democratic donors or fundraisers who stand to profit from the policies their politicians advance:… ….To Read More …

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