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Hedge Funds Donate Big to Democrats; Get Exemption from Bank Bill
bg ^ | May 4th 2010 | Publius

Posted on 05/04/2010 12:40:59 PM PDT by george76

The world’s top-earning hedge fund managers have bankrolled almost exclusively Democratic campaigns.

The top 10 highest-paid hedge fund managers in 2009 have dished out campaign contributions almost only to Democrats.

Over their lifetimes, those managers have given almost $33 million in campaign contributions to Democrats...

The same managers gave roughly $600,000 to Republicans... The contributions went 98 percent to Democrats and two percent to Republicans.

As the Senate prepares to debate possibly hundreds of amendments to a Wall Street overhaul bill, labor unions and others have criticized the bill for not having tough restrictions on hedge funds.

“It’s very disconcerting to see this legislation moving forward that gives them a complete pass,” said Heather Slavkin, of AFL-CIO.

(Excerpt) Read more at biggovernment.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: 111th; bankingbill; corruption; democratcorruption; democrats; economy; elections; hedgefunds; obama; wallstreet

1 posted on 05/04/2010 12:40:59 PM PDT by george76
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To: george76

“It’s very disconcerting to see this legislation moving forward that gives them a complete pass,” said Heather Slavkin, of AFL-CIO.

Here’s a hint, Heather: more payola to corrupt Democrats, you’ve got a long way to go before you match the Bosses.


2 posted on 05/04/2010 12:44:11 PM PDT by Jack Hammer
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To: george76

Pay for play!


3 posted on 05/04/2010 1:21:29 PM PDT by ReleaseTheHounds ("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
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To: george76; SierraWasp; tubebender; Liz; stephenjohnbanker; BOBTHENAILER

This is another reason to dislike Hedge Funds and not trust their shyster owners:

“The world’s top-earning hedge fund managers have bankrolled almost exclusively Democratic campaigns.

The top 10 highest-paid hedge fund managers in 2009 have dished out campaign contributions almost only to Democrats.

Over their lifetimes, those managers have given almost $33 million in campaign contributions to Democrats...

The same managers gave roughly $600,000 to Republicans... The contributions went 98 percent to Democrats and two percent to Republicans.”

Maybe OHAHA wants get rid of Wall Street so his hedge fund buddies will have no competition.


4 posted on 05/04/2010 2:05:47 PM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: Grampa Dave

John Paulson is one such A-Hole.


5 posted on 05/04/2010 2:28:34 PM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: stephenjohnbanker
Hillary and her favorite hedge fundie ...


6 posted on 05/04/2010 2:58:42 PM PDT by Neidermeyer
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To: Neidermeyer

Son-in-law “futures” ?


7 posted on 05/04/2010 3:07:46 PM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
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To: Jack Hammer

“...this legislation moving forward that gives them a complete pass,” said Heather Slavkin, of AFL-CIO.”

Dear Heather - think about it; the legislation moving forwartd is being moved by the Dims you supported and you voted into office. Think about changing your politics to supporting those who have ‘we the people’s’ interest at heart. Otherwise, just shut up and go away.


8 posted on 05/04/2010 4:01:33 PM PDT by GGpaX4DumpedTea (I am a tea party descendant - steeped in the Constitutional legacy handed down by the Founders)
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To: Grampa Dave
Well now wait a minute, Grampa Dave... Of course people donate in their own self interest, but maybe it's just that no Republican with a winning personna has ever called upon 'em and explained things from any other perspective, ya spose???

It's called "Friendly Pursuasion!!!" (Yes, I'm still boycotting Costco after their big contributions to the DNC in '04!!!)

9 posted on 05/04/2010 4:32:10 PM PDT by SierraWasp ("Contempt of Congress" used to be a minor crime. Now it's a badge of honor!!!)
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To: Grampa Dave
.........OHAHA wants get rid of Wall Street so his hedge fund buddies will have no competition.......

Nice take, Dave.

CIRCA Sept 15, 2009 A SHOCKING DISPLAY OF OBAMA'S THIRST FOR POWER

FOX News' Judge Napolitano notes: if implemented, the unconstitutional proposals Obama urged in his Sept 2009 speech to Wall Street will amount to a final coup d’état by banksters, their technocrats and enforcers, at the Federal Reserve (*the privately-held bankster cartel that masquerades as a government agency).

Obama's "reforms" would install a dictatorial regulatory power controlled by international bankers over the entire US economy — down to the local grocer and hot dog vendor on the corner. It will control our lives down to the smallest detail. It will require us to ask permission for the most mundane and routine of financial transactions. IT MUST BE BE RESISTED AT ALL COSTS. VIDEO LINK AVAILABLE Judge Andrew Napolitano On Obama/Bankster Takeover

10 posted on 05/05/2010 2:44:01 AM PDT by Liz (If teens can procreate in a Volkswagen, why does a spotted owl need 2000 acres? JD Hayworth)
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