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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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To: no dems
by all means send that campaign money

No, when the Republicans notice that the money is not coming in like it should be they will possibly take notice where they are going wrong, will correct the problems, and then the money will start coming in again.
21 posted on 04/30/2006 1:05:05 PM PDT by P-40 (http://www.590klbj.com/forum/index.php?referrerid=1854)
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To: no dems
"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.
22 posted on 04/30/2006 1:05:34 PM PDT by groanup (Shred for Ian)
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To: no dems

Business Week = demonrat media (along with Money, Fortune etc.). Forbes Magazine is not demonratic. WSJ is basically non-demonrat in meat and potatoes articles, but lots of demonrats under cover in editorial department.


23 posted on 04/30/2006 1:05:34 PM PDT by E=MC<sup>2</sup> (Are liberals born stupid, or do they have to work at it???)
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To: bill1952

It's NewsMax, not even near real news.


24 posted on 04/30/2006 1:05:54 PM PDT by toddlintown (Lennon takes six bullets to the chest, Yoko is standing right next to him and not one f'ing bullet?)
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To: P-40
"No, when the Republicans notice that the money is not coming in like it should be..."

Actually it is...they're doing far better then the DNC.

25 posted on 04/30/2006 1:06:33 PM PDT by CWOJackson
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To: toddlintown

NewsMax is a reputable conservative magazine.


26 posted on 04/30/2006 1:07:38 PM PDT by no dems (Condi Rice will never pick cotton on the Democrats' plantation.)
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To: no dems

Bush support is down to those who want Bush to make money for them and those who want Bush to conquer all the Muslims. If either of these fade away, Bush will be at the Alamo with those who think he is on a mission from God, those who think he is God and Texans. And there is probably a lot of overlap there. Bolten and Snow better have some life savers handy for GOP candidates who might also try to swim away.


27 posted on 04/30/2006 1:08:21 PM PDT by ex-snook ("But above all things, truth beareth away the victory.")
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To: FairOpinion
cut off your nose to spite your face?

I don't accept the premise of your statement. Clearly, the GOP is incompetent. The only way to get competent people is office is to remove them. Why do you think anything will change by keeping the same bozos in power?

28 posted on 04/30/2006 1:08:35 PM PDT by al_again
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To: no dems

Laura's making up the difference for us. ;)

http://www.freerepublic.com/focus/f-news/1624243/posts


29 posted on 04/30/2006 1:08:40 PM PDT by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: FairOpinion
I don't believe it.

I believe we have gotten to the point where conservatives no longer care what party groupies think. The GOPers have decided to run the socialist government scam in our republic.

30 posted on 04/30/2006 1:08:54 PM PDT by eskimo (Political groupies - rabid defenders of the indefensible.)
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To: no dems

NewsMax didn't have a link? Then where did you get it?


31 posted on 04/30/2006 1:08:59 PM PDT by Dog Gone
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To: no dems

It's what Bush has been primed to do.


32 posted on 04/30/2006 1:09:39 PM PDT by Spirited
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To: no dems

"NewsMax is a reputable conservative magazine."

NewsMax hyper-ventilates way too often to be considered a reputable source for conservatives. Probably has another nuclear suitcase bomb story for tomorrow.


33 posted on 04/30/2006 1:10:34 PM PDT by toddlintown (Lennon takes six bullets to the chest, Yoko is standing right next to him and not one f'ing bullet?)
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To: bill1952
"I'm an investor, and I've never done anywhere near this well in my entire life."
Well, during the late '99 - early '00 you as an investor probably were doing better, but your main drift is correct. If sustainable, these are decent times for the investors.
34 posted on 04/30/2006 1:10:52 PM PDT by GSlob
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To: al_again
I believe you but I suspect the usual crowd will come out to call you a troll and a DUmmy and other things that they prefer to believe. They could be right but I know first hand they could be wrong as well. Almost everyone I know are long term GOP voters and over half are boiling mad at the GOP. They will not be voting Democrat but will they go out to vote at all, will they vote 3rd party, or pinch their nose and vote GOP after all is the question. More than a few voted 3rd party last Pres election than is comforting.

So in honor of all the responders to your post let us here a word from their sponsor.


35 posted on 04/30/2006 1:10:54 PM PDT by iluvlucy (swim the Tiber, the water is fine)
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To: CWOJackson

Actually, I do. For congress it will be John Mica vs a Dem and Senate will be Nelson vs Harris (unless she gets a clue and drops out). I won't be voting for Mica and I won't be voting for Harris.


36 posted on 04/30/2006 1:10:56 PM PDT by al_again
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To: no dems

---What is wrong with this picture?---

No link.


37 posted on 04/30/2006 1:11:05 PM PDT by claudiustg (Build a fence. They won't come.)
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To: CWOJackson
they're doing far better then the DNC.

That is not much of an achievement. :)
38 posted on 04/30/2006 1:12:19 PM PDT by P-40 (http://www.590klbj.com/forum/index.php?referrerid=1854)
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To: atomicweeder

Amen brother Amen
And I am from Virgina and think Allen is the best bet for the GOP (at least as things go now)


39 posted on 04/30/2006 1:13:17 PM PDT by iluvlucy (swim the Tiber, the water is fine)
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To: atomicweeder

Good one!


40 posted on 04/30/2006 1:13:27 PM PDT by butternut_squash_bisque (The recipe's at my FR HomePage)
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To: P-40

It's a remarkable achievement considering how many people on FR claim they've supported the RNC in the past but refuse to now...in fact if you Google the RNC doesn't appear to be having any problems raising funds.


41 posted on 04/30/2006 1:13:35 PM PDT by CWOJackson
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To: TXBSAFH

Bingo!


42 posted on 04/30/2006 1:14:22 PM PDT by Sprite518
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To: CWOJackson
the RNC doesn't appear to be having any problems raising funds.

Not yet. It is early though.
43 posted on 04/30/2006 1:14:47 PM PDT by P-40 (http://www.590klbj.com/forum/index.php?referrerid=1854)
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To: no dems

I don't know but this non investor class conservative will be voting conservative if it means writing my own name in. The way things are going I have about as much chance of winning as the GOP.


44 posted on 04/30/2006 1:15:07 PM PDT by cripplecreek (Never a minigun handy when you need one.)
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To: iluvlucy
I keep saying that I will vote Dem in order to get rid of the big spenders but in reality, there is no way I could ever vote for someone who is pro-abortion. I will hold my nose and vote libertarian this year.
45 posted on 04/30/2006 1:15:08 PM PDT by al_again
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To: P-40
"Not yet. It is early though."

LOL! Trying to put a happy face on?

46 posted on 04/30/2006 1:15:54 PM PDT by CWOJackson
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To: CWOJackson
LOL! Trying to put a happy face on?

No, I'm just a realist. Been through too many races to not be.
47 posted on 04/30/2006 1:17:15 PM PDT by P-40 (http://www.590klbj.com/forum/index.php?referrerid=1854)
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To: no dems

Wall Street knows better than that. They just want to send the money to real conservatives. A message needs to be sent to the Republican party in 2006.


48 posted on 04/30/2006 1:17:27 PM PDT by Sprite518
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To: P-40

Realist? You really should do some Googling then. RNC fundraising is steaming along fine. Even NewsMax has interesting stories on it. Now with the First Lady hitting the fundraising trail things are even picking up.


49 posted on 04/30/2006 1:19:39 PM PDT by CWOJackson
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To: CWOJackson

---the RNC doesn't appear to be having any problems raising funds.---

Yes, it's probably nothing. These close the border folks are just the usual malcontents and kooks, like those Perot folks from sometime back. Just ignore them and all will be well. :^)


50 posted on 04/30/2006 1:20:37 PM PDT by claudiustg (Build a fence. They won't come.)
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