Some of us understand that money is speech. But for progressives, money is bad and rich people should be driven from the public square. Except when the rich people are progressives, of course.
The Senate Majority PAC, a Democratic-oriented Super PAC, reported it had receipts of $5.7 million from April 17th through April 30th. The major donor was Thomas Steyer, founder of Fahr LLC in San Francisco, California. Steyer gave the $5 million through his NextGen Action Committee. Steyer was also founder of the hedge fund Farallon Capital Management. Steyer has reportedly stated he has budgeted $100 million for campaigns this year. Steyer is hosting Vice President Biden at a May 28th fundraising event at his San Francisco home. Steyer is an opponent of the Keystone XL pipeline.
Don’t hold your breath. The Left cares about political power, and keeping it in the hands of fellow Leftists.
