Billionaire Tom Steyer now refers to himself a “professional pain in the ass” these days, the Democratic financier told Bloomberg Businessweek in a profile of his newly expanded efforts as a political donor.
Dark money groups are spending significant sums on behalf of Rep. Ed Markey’s (D., Mass.) bid for the Democratic nomination for the U.S. Senate, despite his stated opposition to such groups and a pledge to restrict their role in the race.
An environmental organization that vowed to protest every appearance made by President Barack Obama prior to his announcing a decision on the Keystone XL pipeline will not protest a fundraiser hosted by a noted environmentalist.
Those curious to know how Washington functions in the era of Barack Obama would benefit from reading a Dec. 17 item by Al Kamen in the Washington Post. Its 333 words pretty much sum things up.
Billionaire hedge fund guru Tom Steyer is preparing to leave the investment firm he founded in 1986, the New York Times reported Monday. Missing from the Times report, however, was any mention of Steyer’s deep financial and political ties to the Obama administration, as well any implication as to what the move may signify.
CHARLOTTE — Democratic National Convention (DNC) attendees on Wednesday will hear from two speakers who Republicans and conservatives say epitomize the cronyism and hypocrisy that have plagued the Obama administration over the past several years.
Big money managers have turned their investments to banks in the second quarter, according to a Reuters report.
President Obama’s recent activities have that schizophrenic quality one associates with romantic relationships on the brink of collapse. There was, for example, his hypocritical reversal on Super PACs; his not-quite U-turn on contraception, which was meant to appease the religious left; his stuffing the FY2013 budget proposal with handouts to construction and teachers unions; and his self-pitying yet lucrative fundraising trip to the West Coast.
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