Martha Stewart: Democrat Mega-Donor

NewsMax ^ | 6/25/02 | Carl Limbacher and NewsMax.com Staff

[NormsRevenge]

Tuesday June 25, 2002; 5:29 p.m. EDT

Martha Stewart: Democrat Mega-Donor

Embattled doyenne of domesticity Martha Stewart has been a major Democratic Party donor for most of the 1990's, giving the legal maximum to the campaigns of Bill Clinton, Hillary Clinton and Al Gore, along with more than a hundred thousand dollars in additional cash to related Democratic causes.

Federal Election Commission records reviewed by NewsMax.com showed that Stewart has given nearly $170,000 to Democratic Party accounts since 1992, including $3,000 to Bill Clinton for his 1992 and 1996 presidential campaigns, $2,000 for Gore's 2000 White House bid and $1,000 for Hillary Clinton's New York Senate campaign.

Stewart's donations to combined Democratic accounts were much more generous, with her largest single contribution - $75,000 - funneled into the Democratic Party's "Unity" account in 2001. She gave another $25,000 in 2001 to the Democratic Congressional Campaign Committee.

In September 2000, the lifestyle diva also kicked in $10,000 to the Democratic National Committee.

Since insider trading charges began to swirl around the home advice maven two weeks ago, the price of her stock in Martha Stewart Omnimedia has fallen by some $200 million, according to the New York Daily News.

On Monday alone she lost $105 million on paper.

Stewart is accused of selling her investment in ImClone based on an insider tip from the company's owner, Sam Waksal, a close Stewart friend who was arrested on insider trading charges last week.

A phone log uncovered by investigators Monday suggests that on Dec. 27, Stewart got a call from her broker, Peter Baconovic, telling her the bottom was about to drop out of the stock's price.

The log undermines Stewart's claim that she had a standing stop-loss order with Baconovic to sell ImClone stock when it dropped below $60 per share.

Baconovic, who also sold ImClone stock for Waksal and his daughter, was suspended by brokerage house Merrill Lynch last Friday.

Stewart's donor records showed no contributions to Republicans.

[Xenalyte]

Since Michael Skakel, who was actually only the NEPHEW of a woman who MARRIED into the Kennedy family, does that mean that my DAUGHTER, who is niece of a woman who was the common law wife of someone in Martha Stewart's family, is a STEWART?!?!?

Oh, my God, I'm so sorry. You'll have to disown her now. Cutting the ties may be difficult, but it's your only choice.

Try not answering her phone calls or her e-mails, and if she drops in on you, scoot out the back door. You definitely should cut her head out of all the family pictures, or at the very least replace it with a picture of someone else (a friend's mom uses the Pope, but maybe Charlize Theron?).

If none of that works, the "cut direct" is awfully harsh, but it only takes once or twice to get the point across.

(BTW, did I snap at you on another thread earlier today? If I did, my apologies.)

[Xenalyte]

Martha Stewart-bashing ping!

[PJ-Comix]

Was Frank completely humorless like his sister?

[Illbay]

If you snapped at me, I probably deserved it.

FReegards!

[TheRedSoxWinThePennant]

And that's a good thing!"

spewing miller lite all over my self that was funny

[68 grunt]

My Martha sympathy meter just went to zero.

Mine, too! Sure is funny how that thing works.

[Xenalyte]

Spewing Miller Lite all over oneself is not deemed a good thing. (I checked her Website.)

[toddst]

Stewart's donor records showed no contributions to Republicans.

And I was feeling sorry for her - up to now. That's over. No more "It's a good thing."

[parsifal]

if you think about it, Martha is kind of a dream-Democrat. She gets to tell people how to act, what to wear, and what and how to eat. I bet the other lefty democrats are jealous of her. parsy.

[TheRedSoxWinThePennant]

she must have a way to get the stains out

[Xenalyte]

If she had, don't you think she'd have shared it with the Clintons?

[kcvl]

That is a truly interesting story of Martha's brother. Thanks for sharing...

Little Martha Kostyra was one of six kids born, Byron writes, to a mother who was a ''coldly disengaged housewife'' and a ''self-absorbed narcissist'' father.

[Light Speed]

[TheRedSoxWinThePennant]

more miller lite spewing everywhere

[Illbay]

As I recall, he was pleasant enough. He just had this sort of impish, malevolent smirk on his face. Seriously, that was my first impression when I met him.

Think of Billy Zane's character in the film Titanic. That's pretty close.

[Illbay]

I want it to be understood that these are things I experienced firsthand.

However, my daughter who is now twelve and getting to be fairly wise in the ways of the world, went to Alabama with her mother for a visit last Christmas, and stayed with my former sister-in-law and her (and Frank's) daughter. The little girl talked about her "Aunt Martha" and "my daddy" incessantly, and her mother said to my ex-wife (in my daughter's hearing), "yeah, right, they act like she's not even alive."

I was not there, of course, and didn't see or hear any of this, but that's what my daughter tells me.

[NormsRevenge]

Actually, I don't detest her at all either completely. Hey, People who can make money being artsy are OK with me Altho' Im not too much into tabletop decour myself. I don't give a Rat'sArse what color the napkins are or if they are folded up to look like swans.

If nothing else, this whole thing demonstrates how silly our financial traders and market can get sometimes.

She will be OK and definitely won't end up in the poor house anytime soon.

[NormsRevenge]

''coldly disengaged housewife'' and a ''self-absorbed narcissist'' ... sounds like the clintoons

[PhilDragoo]

Federal Election Commission records reviewed by NewsMax.com showed that Stewart has given nearly $170,000 to Democratic Party accounts since 1992

Stewart's donor records showed no contributions to Republicans

Reading these facts has rocketed me to a seat in the arena where Remember Fondly From My Childhood awaits the opening gates.

Insider trading.

That's what Hillary did with the Tyson trader.

Little people would be bankrupted defending themselves, then deep-sixed in a cell.

The comparison would be Patricia and Glenn Mendoza telling Clinton, "You suck!" in Chicago in 1996--then being grabbed by Secret Service, jailed and audited. While Rosie Out-and-loud-about-it yelled, "Dole sucks!" to a room of howling Hollyweirdos that year, and still gets her 300 lb carcass feted by media.

Let the snob be kabobbed on the skewers of Leno and Letterman and suffer the death of a thousand cuts--

--then take the foil against your scissors and pull it to create a lovely silver curl gracing your aluminum foil tiara which will protect you from the rude barbs of the bourgeoisie--and that's a good thing.

[b4its2late]

She'll make a good "wife" to some woman in prison......