Tags: billionaires | tom steyer | michael bloomberg

Billionaires Paying Up to Shift Power to the Left

Billionaires Paying Up to Shift Power to the Left
Tom Steyer, Founder & President of NextGen America, speaks during the C40 Cities For Climate The Future Is Us kickoff event at San Francisco's City Hall in San Francisco, California on September 12, 2018. (Josh Edelson/AFP/Getty Images)

By and Wednesday, 10 October 2018 03:01 PM Current | Bio | Archive

You probably have heard the old talking point about how big money donors have ruined politics, and that Republicans are to blame for that.

You know the one: how those mean and nasty Koch brothers are devils incarnate, how the Supreme Court’s ruling in the Citizens United case paved the way for multimillionaires and big business to buy seats in government, and how the left is the voice of the voiceless, championing “the little guy” in a struggle for power that, by now, has you picturing the diminutive David against the hulking Goliath.

It’s quite the compelling story. After all, who doesn’t root for the underdog, right? As it turns out, this narrative of the left is just that — a story.

The real life version of the story playing out this midterm election season is more like King Kong and Godzilla, as the left has enlisted the help of those dastardly old, white male millionaires and billionaires. Which seems to be just fine by them, because they’re the correct thinking old, white male millionaires and billionaires.

Take lefty Wall St. billionaire Tom Steyer. Please. According to published reports, Steyer has fed $30 million into a campaign seeking to increase Democratic turnout in targeted congressional districts that are either swing seats or tenuously controlled by the Republicans. He is also a big financial backer of Florida gubernatorial candidate Andrew Gillum. Not to mention the $40 million he invested to push for President Donald Trump’s impeachment. It must be nice to have money to burn.

Then there’s Democrat-turned-Republican-turned-independent billionaire Michael Bloomberg. Having had a front row seat to the for NYC Mayor’s wars on soda, smoking, and salty foods, it comes as no surprise to us that Bloomberg has infused both House and Senate races with oodles of cash. He has promised to spend as much as $100 million on the House, with more to come in the future.

The list goes on and on, from hedge fund billionaires like Donald Sussman and James Simons, to LinkedIn’s co-founder Reid Hoffman — the millions keep rolling in.

Beyond the big Democratic donors, perhaps no other race typifies the lengths Democrats with money and influence will go to than District 1 in the “People’s Republic of” New York.

Perry Gershon, a New York City carpetbagger who pals around with lefty celebs like Alec Baldwin, changed his residence to his vacation home in the tony Hamptons and is the Democratic opponent of Congressman Lee Zeldin (R-NY). According to Zeldin, Gershon is supported by a campaign to get like-minded Democrats to “vote where it counts” and change their voter registration to their second and vacation homes in an effort to shift the district’s political dynamics.

So while the conservative world may be ablaze with talk of the rise of the Progressive left like avowed socialist Alexandria Ocasio-Cortez, it may be the more mainstream Democrats and their well-lined coffers that pose the real threat to Republicans seeking to maintain their advantages in the House and Senate.

Gene Berardelli is a street-smart trial attorney who, through his time as the Law Chair of the Republican Party in Brooklyn, New York, has developed a solid reputation as an election attorney successfully representing conservative candidates.

Russell Gallo is a security expert and combat veteran who attained the rank of First Sergeant in the New York Army National Guard, earning a Combat Action Badge in Iraq. Together, they host Behind Enemy Lines Radio, a national award-winning radio show and podcast broadcasting out of "The People's Republic of" New York that airs weekly on AM and FM radio stations as part of the Talk America Radio network. To read more of their reports — Click Here Now.

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You probably have heard the old talking point about how big money donors have ruined politics, and that Republicans are to blame for that.
billionaires, tom steyer, michael bloomberg
Wednesday, 10 October 2018 03:01 PM
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