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Investors Fleeing GOP
NewsMax.com | April 30, 2006 | Staff NewsMax.com

Posted on 04/30/2006 12:51:14 PM PDT by no dems

Investors Fleeing GOP

Investors at all income levels are increasingly turning away from the Republican Party, endangering the GOP's hold on power.

According to pollsters, 35 percent of voters belong to the "investor class," which includes not only wealthy individuals but also union members, mutual fund holders and a growing number of minority-group Americans.

They comprise a group that helped put Republicans in power "but now seems restless," Business Week reports.

President Bush got the votes of 61 percent of investors in 2004, but now only 43 percent give him a favorable job approval rating, according to a recent Zogby International poll.

"Investors' complaints include the administration's handling of Hurricane Katrina and the Dubai Ports deal, the management of the Iraq war, the $8.2 trillion national debt, soaring gasoline prices and immigration policy," according to Business Week.

Even Wall Street appears to be turning away from the GOP. As NewsMax has reported, last year Democrats beat Republicans in raising political donations from the financial industry, the first time the party outdid Republicans since 1994.

Investors' dissatisfaction could result in defections from the GOP in numbers sufficient to have a seriously detrimental effect on Republican candidates in the 2006 midterm elections.

But while investors appear alienated from the GOP, they remain skeptical that Democrats would do any better on economic issues, Business Week notes.

Bruce Bagley, a small-business owner in California, told the magazine that if Democrats were to take over Congress, investors would have a "bull's-eye" on their back.


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: bush; businessweek; donors; dubai; gop; investorclass; investors; katrina; republican
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"Even Wall Street appears to be turning away from the GOP."

What is wrong with this picture?

1 posted on 04/30/2006 12:51:16 PM PDT by no dems
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To: no dems

When the GOP has turned away from conservativism, they lose. Nuff said.


2 posted on 04/30/2006 12:53:15 PM PDT by TXBSAFH (Proud Dad of Twins, What Does Not Kill You Makes You Stronger!!!!!!)
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To: no dems

Tiredness I guess. The GOP and Dems squabbling, the GOP spending money like it was going out of style, high gas prices, etc., don't be surpirsed if third parties pop up all over the place and split the Republican vote. Its not going to be a breeze like it was before.


3 posted on 04/30/2006 12:53:18 PM PDT by areafiftyone (Politicians Are Like Diapers, Both Need To Be Changed Often And For The Same Reason!)
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To: no dems

Bogus. I'm an investor, and I've never done anywhere near this well in my entire life.

The economy is booming like a kettle drum.


4 posted on 04/30/2006 12:55:52 PM PDT by bill1952 ("All that we do is done with an eye towards something else.")
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To: no dems

Oh? So how is GOP funding looking compared to DNC?


5 posted on 04/30/2006 12:56:54 PM PDT by Chaguito
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To: no dems
What is wrong with this picture?

Wall Street likes conservatives. Nothing more to it than that.
6 posted on 04/30/2006 12:57:55 PM PDT by P-40 (http://www.590klbj.com/forum/index.php?referrerid=1854)
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To: no dems

I don't believe it.


7 posted on 04/30/2006 12:58:09 PM PDT by FairOpinion (Dem Foreign Policy: SURRENDER to our enemies. Real conservatives don't help Dems get elected.)
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To: no dems
What is wrong with this picture?

Zogby poll.

8 posted on 04/30/2006 12:59:34 PM PDT by hsalaw
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To: no dems

I got two fund-raising requests last week; one from the RNC and one from The White House.

I printed and mailed that "here's my donation" jpg back to them, with a short note about immigration and excessive spending.

http://www.sacredcowburgers.com/leftovers/showpics.cgi?heres_my_donation

In 2000 and 2004, I donated $1,000 to the RNC. Won't happen again until the RINOs and GOPers are gone, and Conservatives replace them.


9 posted on 04/30/2006 1:00:00 PM PDT by butternut_squash_bisque (The recipe's at my FR HomePage)
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To: FairOpinion

you and the GOP better start believing. I'm a conservative and I will not be voting for the Republicans this election cycle.


10 posted on 04/30/2006 1:00:03 PM PDT by al_again
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To: al_again

"I'm a conservative and I will not be voting for the Republicans this election cycle."

===

I hope you are aware of the consequence: DEMS back in power. As a conservative, is THAT what you really want, to cut off your nose to spite your face?


11 posted on 04/30/2006 1:01:30 PM PDT by FairOpinion (Dem Foreign Policy: SURRENDER to our enemies. Real conservatives don't help Dems get elected.)
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To: al_again

Interesting. You don't even know who the nominees are and have already announced that you won't vote for Republicans.


12 posted on 04/30/2006 1:01:38 PM PDT by CWOJackson
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To: no dems
What is wrong with this picture?

No working link provided for one thing.

13 posted on 04/30/2006 1:02:02 PM PDT by Dog Gone
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To: P-40

"Wall Street likes conservatives."

Oh, well then, by all means send that campaign money to Hillary Clinton, Ted Kennedy, John Kerry and John McCain. They'll get this nation back on track; by dang.


14 posted on 04/30/2006 1:02:20 PM PDT by no dems (Condi Rice will never pick cotton on the Democrats' plantation.)
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To: no dems

The premise of this article is false.

To assume that all "investors" belong to the Republican Party is a ploy on the part of the Left to continue to classify the Republicans the party of the Northern political esstablishment following the civil war...and they were wrong then too!

That was 150 years ago...and the really big investors today are unions, entertainment industry, and assorted multi nation corporates who are as much left wing as any Sandinista or Castroite.


15 posted on 04/30/2006 1:02:42 PM PDT by eleni121 ('Thou hast conquered, O Galilean!' (Julian the Apostate))
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To: no dems
"61 percent of investors in 2004, but now only 43"

Zog doesn't define "investor class"..He asks if --"Do You consider yourself an member of" such.....I answer NO because I don't consider the amount I have to qualify me as such, but I am sure many younger folks would look at me and say---Bull, you're rich...

16 posted on 04/30/2006 1:02:52 PM PDT by litehaus
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To: butternut_squash_bisque

I did somethng similar. I contributed a significant amount in '04.

This year, I went to the George Allen website and filled in the "I Want To Contribute" form. For first name, I put "NoMoreMoney", for last name, "UntilBordersAreSecure"


17 posted on 04/30/2006 1:03:06 PM PDT by atomicweeder
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To: no dems
What a laugh.

The eonomy is BOOMING under Bush.

Some will whine no matter what.

18 posted on 04/30/2006 1:03:29 PM PDT by Siena Dreaming
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To: Dog Gone

I tried. I even went to www.newsmax.com and www.businessweek.com. No link. Sorry.


19 posted on 04/30/2006 1:04:09 PM PDT by no dems (Condi Rice will never pick cotton on the Democrats' plantation.)
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To: TXBSAFH
When the GOP has turned away from conservativism, they lose. Nuff said.

Bingo. All the hand wringing and indepth analysis is useless. It's really just as simple as you've stated.

MM

20 posted on 04/30/2006 1:04:17 PM PDT by MississippiMan (Behold now behemoth...he moves his tail like a cedar. Job 40:17)
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