Posted on 05/05/2010 6:49:49 PM PDT by 198ml
The world’s top-earning hedge fund managers have bankrolled almost exclusively Democratic campaigns, according to Silla Bush of The Hill:
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, according to research by the National Republican Congressional Committee (NRCC) and that is based on data maintained by the nonpartisan CQMoneyline.
The same managers gave roughly $600,000 to Republicans, according to the research. The contributions went 98 percent to Democrats and two percent to Republicans.
(Excerpt) Read more at dailycaller.com ...
bttt
here’s the deal....its like protection money...the hedgers know that rats can be bought and they stay bought....easy when you think about it...
Why give money to those who won’t be bought?
Most hedge funds are scum and manipulators. They were called investment pools in 1929 and were later outlawed.
James Chanos is not a rat but most of the others are. Where is that hedge fund shill who was posting earler today.
Chickens coming home to roost.
Prediction: They will not have learned a thing.
They want to give the most money to who they know will rig the game for them.
The banksters and pigmen don’t want ‘free markets’. They want a rigged environment where they will profit the most while everyone else gets screwed. They know the democrats will give that to them.
Notice how this “financial reform” is getting little or no real opposition? They are just in the process of re-rigging the game, and all of the players have made certain that they will be able to thread a needle that only they and a few others will be able thread, and make lots of money.
“Most hedge funds are scum and manipulators.”
That’s one of the weaker posts I’ve seen lately.
bread meet butter
Nope. It’s not that.
Most Hedge Fund managers come from a demographic that is very liberal. Thus they give to Democrat candidates, even against their own interests.
They donate to Democrats even if Democrats promise to increase taxes and swamp them with regulation, because donating to Democrats is what they do. The cocktail parties, the charities, the arts, the circles in which they move.
Giving to a Republican is inconceivable. C’mon, New York City? They’ve probably never even met a Republican!
Most Hedge Fund managers come from a demographic that is very liberal.>>>>>>>>>>
That most of the reason. The whole North East trends liberal and the hedgies go with the flow. Plus their liberal wives have them plugged into a liberal socializing scene where they get to display and show off. Arts and charities too. Epicenter for hedge funds is Ridgefield Connecticult so they donate to lowlife Chris Dodd a lot
My own theory: given the way they conduct their business, many hedge fund bigshots are far more comfortable around people who are fond of moral relativism than around people who have firm ideas about right and wrong.
That pretty much explains their choice of party.
That also makes sense.
Limousine liberals...
I just hope that their homes are foreclosed on and they and their families are thrown out on the streets. They contributed to their own demise. I have zero sympathy for anything that happens to them.
Yep. Them's the chickens I was talking about.
Gee I wonder why?
It’s more specific than “The whole North East”.
You might find that there is a decent proportion of Republicans amongst Yankee/WASP hedge fund managers. Many of these might be RINO-ish, but these still aren’t the guys who pour money on Democrats. In fact the sterotypical WASP/Yankee don’t throw money at anything.
It’s more the NYC limousine liberal types - and not just hedge fund managers, the LL’s include media/entertainment moguls, real estate types, etc.
It’s this demographic, regardless of what industry they happen find themselves in, who print money for Democrats. It so happens that a lot of them run hedge funds. That doesn’t mean that hedge funds are the problem, but the Democrats want to increase regulation on hedge funds because they want to increase regulation on everyone and everything.
Don’t let the Big-Government-Control-freak-Dumocrats do this. They enlist the support of A to increase control over B and C; then they get the help of B to control A and C; and then lastly they get C to help them take over A and B. And now all of A, B and C have double layer of govt control over them, even though they all wanted LESS control. How did this happen? Because they helped the Dumocrats regulate someone else, then - shock and awe - that someone helped the Dums take control us.
FRANTZIE, beware the Dumocrats use of divide-and-conquor demonization tactics to trick you into supporting more control over someone else - what goes around comes around.
That’s an interesting point - trading is an intrinsically amoral activity.
Trading is all about buying investments that will increase in value (and of course the much-villified mirror opposite) even if you hate the company. After a while you learn to stop making value judgments about companies.
I hate Citibank but I’ve made money owning it. Jim Cramer says he hates coal the fuel, but he’s always recommending coal stocks (thanks, Jim, for PCX). I don’t trade tobacco stocks but that’s about as far as my ethical investing goes.
I think maybe the hedgie demographic you’re talking about are the liberal NE Jews and Catholics and other ethnics who love the Democrats. You know the hedge fund scene better than me.
Off hand I don’t see that many WASPY names in the hedge fund business. Though maybe it helps to be one if you want to live in Ridgefield Conn. .....hedgie ground zero
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