Saturday, July 19, 2014

Big money, leftist causes, but no corrupt politics

Article: Tom Steyer struggles to find big-money donors

Article: Tom Steyer is having fundraising trouble for his global warming, anti-Keystone XL agenda

Alternate titles:
Democrat fat cat fails in campaign to keep energy prices high.

Rich leftist hates poor people: Fights to keep cheap oil from flowing.

Tom Steyer has committed $50,000,000 of his own money to defeating the Keystone XL pipeline, but has been unable to entice other big-spending leftists to help defeat the pipeline.

One of the major reasons is that the pipeline is politically popular, and only the hard-core left oppose it.

Side note: 0.001 percenter, Warren Buffett, is one of the major beneficiaries of not building the pipeline. As long as it is not built, most of the oil moves by trains owned by Berkshire-Hathaway, Warren's company. Buffet primarily donates to the left.

One of the common tropes of the left is how big donors corrupt politics. And the Koch brothers are always trotted out for ritual demonization and the two-minute hate.

Never noted is that the Koch Industries ranks 58th in corporate donors to political issues. And the top 50 are heavily loaded with donors who give to lefty causes. Ten of the top 15 donate to Democrats. The remaining 5 are "fence-sitters" who donated to both parties.

Koch Industries gave $19,000,000 to Republican causes between 1988 and 2014. Tom Steyer has offered $50,000,000 for one cause, in one election.

George Soros have given openly $550,000,000 for leftist causes over the last 10 years.

If big money corrupts politics, why is it only money spent on the right that is a problem? 

Bonus hypocrisy: Aims of Donor Are Shadowed by Past in Coal

Tom Steyer, hedge-fund billionaire, member of the 0.001%, and pro-environmental activist, has been and remains a major investor in Australian coal mining. And coal is the worst offender, of all the fossil fuels, for carbon dioxide and pollution production.

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