Quote from Thunderdog:
"Hereâs where things get weird. Typically political parties crack down on the other partyâs donors, not their own. But unlike their financial brethren in the greater securities/investments community, hedge-fund managers are consistent Democratic donors. While the industry overall only shifted its giving to the Democrats in 2006 when a power-shift looked all-but-certain, CRP/Absolute Return data show that hedge funds have favored Democrats for longer and by wider margins. In 2006 hedge funds gave 69 percent of their campaign cash to Democrats (the industry overall was more closely divided at 53-45). They gave 67 percent to Democrats in 2004. In 2002, it was 84 percent."
http://article.nationalreview.com/?q=MzYyYTcyMmExZThlZTA2NzUzMTVjODExYzhhMGY3YTU=
P.S. Pabst, there you go again. For the love of English, please don't abuse innocent apostrophes unnecessarily. They have rights, too.![]()
1. Soros skews the totals.
2. 99% of hedge funds are in NY or CT. Who are the Senators there? The money doesn't go to some Congressman from Wyoming. When D'Amato was the GOP Senator before Schumer he raised millions from Wall Street. Ironically it was his coziness on a few IPO's that cost him the election. Now Schumer and Hillary raise money from the same set of donors.