Corporate cronyism, deregulation, welfare for banksters...
Wisconsin billionaire Diane Hendricks contributed more than half a million dollars on Scott Walker’s behalf. Fearful the United States might become “a socialistic ideological nation,” she’s an ardent foe of unions – and against, in her words, “taxing job creators.” True to her aversion to taxes, she paid none in 2010, despite being worth, according to “Forbes Magazine,” about $2.8 billion dollars. Before he launched his crusade against the collective bargaining rights of working people, Governor Walker held this conversation with Diane Hendricks.
DIANE HENDRICKS: Any chance we’ll ever get to be a completely red state, and work on these Unions?
SCOTT WALKER: Oh yeah.
DIANE HENDRICKS: And become a right-to-work? What can we do to help you?
SCOTT WALKER: Well, we`re going to start in a couple weeks with our budget adjustment bill. The first step is we`re going to deal with collective bargaining for all public employee unions, because you use divide and conquer.
BILL MOYERS: And so he did. Walker also hauled in checks from the Texas oligarch Bob Perry for nearly half a million. Perry made his fortune in the home building business and is best known nationally for contributing four and a half million dollars to the Swift Boat campaign that smeared the Vietnam War record of Democratic presidential candidate John Kerry back in 2004.
Then there’s casino king Sheldon Adelson, who gave Scott Walker’s cause $250,000. Of course, that’s a drop in the old champagne bucket compared to the $21 million Adelson’s family gave to the super PAC that kept Newt Gingrich in the race long after the formaldehyde had been ordered. Adelson did not long mourn Gingrich’s passing, and is now giving as much as $10 million to the pro-Romney super PAC Restore Our Future.
Next up on Scott Walker’s list of beneficent plutocrats: Rich DeVos, owner of the Orlando Magic basketball team and co-founder of the home products giant Amway, which, thanks to Republican leaders in Congress, once shared in a $19 million tax break after a million-dollar DeVos contribution to the Republican Party. He’s a long-time member of the secretive Council for National Policy, a who’s who of right-wing luminaries.
And Louis Moore Bacon, the billionaire founder of the hedge fund Moore Capital – which in 2010 was fined $25 million for attempted commodities manipulation. A big backer of Romney, he, too came to Walker’s aid in Wisconsin.
I could go on and name more, but you get the picture. These are the people who are helping to fund what the journalist Joe Hagan describes as a “tsunami of slime.”
(hat tip: Barry Ritholtz)
(hat tip: Barry Ritholtz)