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Who’s Behind the Billionaire PAC Targeting Elizabeth Warren?


#1

Who’s Behind the Billionaire PAC Targeting Elizabeth Warren?

Richard Eskow

America Rising, a billionaire-backed conservative group, is targeting Sen. Elizabeth Warren of Massachusetts as she tours the country in support of her new book, according to a memo obtained by Politico.

“We view (the) book launch as the soft launch of her presidential campaign,” said executive director Colin Reed. “We’ll do the same to her as we did with Hillary Clinton in 2014,” Reed added.


#2

America Rising funder Paul Singer was introduced to me through Greg Palast's journalism-
Singer is definitely A bottom feeder-Palast said he went by the nickname "Goldfinger"....

As far as Hill Corporation, Eskow failed to tie this infamous company into the conversation-
I understand that they are an oil company that is an accident waiting to happen-and they have had plenty of accidents already-

Any up and coming Democratic or Green etc. candidate will have a lot on their hands with all of these Billionaires doing their best dirty work to keep Trump in office....


#3

They have more money than they know what to do with and they complain about being crippled by high taxes rates and environmental regulations? Bullshit.... I pity the blue-collar voters who believe their bullshit.


#4

While Warren is not high on billionaires bribe lists (except for Google), she's been valuable enough to special interests to rake in more than $50 million in cash, especially from the higher education industry and lawyers.

Also, while not a darling of Wall St. just now, she doesn't return Wall. St. money when she can get it. Nor has Warren been in the forefront of calling for public campaign financing, or for basic electoral reforms like abolishing the Electoral College, eliminating gerrymandering, and for things like proportional representation and ranked-choice voting. Not to mention eliminating super-delegates and caucuses.

Since she is a member of an anachronistic institution initially designed to protect slavery in the U.S. and protect Southern domination of the U.S. political system, none of this is a particular surprise. Never a true small-d democrat, Warren is merely a status-quo Duopoly politician (and former Republican) who uses her new-found "progressivism" as an opportunity to boost her presidential chances among Bernie backers. She'll probably succeed.

https://www.opensecrets.org/politicians/summary.php?cid=N00033492


#5

I'd vote for her for Pres! Need I say more? Hope that sinks in to these plutocrats ( who must really fear this woman who knows the numbers ) that many, many Americans are ready and willing to vote for her if she runs!


#6

Wow are you a deceiver. You totally misrepresent Warren's founders and claim Wall St backers but even the two articles you cite show that isn't true! You are a troll and serve your masters for all you pretend to do otherwise.


#7

I don't know what you were reading or not reading. Calling me a "troll" is an inaccurate and inappropriate personal attack that I have flagged. Also, there are three sources that are cited, not two. In any case, here are some quotes from freebeacon.com

"Individuals working at law firms that represent major corporations and the Wall Street interests Warren condemns are also among her top financial backers..Warren isn’t free from the industry either. Since she ran for Congress in 2011, she has collected more than $630,000 from individuals in the securities and investment industry, making it the sixth highest industry in political donations to her campaigns.

Warren also has received major backing from lawyers and law firms that represent Wall Street interests. $2.3 million in contributions have poured from the sector to her campaign’s coffers, the second most of any industry only behind those who are retired.

Individuals who work at law firms that are in her top 15 donors provide services to financial institutions and corporations that deal with bankruptcy, corporate restructuring, securities litigation, and white-collar crime.

Brown Rudnick LLP, an international law firm that focuses on high-stakes litigation with offices in New York, London, Boston, and Washington, D.C., has employees that have given nearly $70,000 to Warren’s campaigns, enough to put them in her top ten donors.

According to the group’s website, they take on clients ranging from start-up businesses to national, global, and Fortune 500 business leaders. The group practices antitrust, bankruptcy and corporate restructuring, white-collar defense and government investigations, and provides corporate and financial services.

Ropes & Gray, a global law firm that serves clients in business, technology, and government, provides an array of services including the defense of white-collar criminals to "mitigate the impact of government investigations and enforcement actions."

They also represent clients on matters dealing with the federal Anti-Kickback Statute and the Stark Law, Medicare, and Medicaid fraud and abuse and pricing issues, financial crimes, and public corruption and campaign finance enforcement issues.

Employees who work for Ropes & Gray have given $57,450 to Warren, placing them in her top ten donors.

Individuals at Mintz Levin, a Boston-based firm whose main areas of practice include bankruptcy and corporate securities, have poured $47,600 to her campaign committees while those at Goodwin Proctor, which deals with financial institutions, private equity, and white collar defense matters, have given $35,000.

William Jacobson, clinical professor of Law at Cornell Law School and publisher of Legal Insurrection, told the Washington Free Beacon that Warren’s top donors are not surprising.

"It is no surprise that Elizabeth Warren says one thing and does another when it comes to corporate interests," Jacobson said. "Warren claimed that when she made several hundred thousand dollars in her private law practice while still a Harvard Law professor, she did it to help consumers and women. In fact, as my research demonstrated, Warren represented large corporations such as Dow Chemical, a major utility company and Travelers Insurance, against the interest of consumers."

Prior to Warren winning her senate seat in 2012, she served as the Leo Gottlieb professor of law at Harvard Law School.

Warren was compensated $350,000 per year for the position and was endowed by the law firm Cleary Gottlieb, which helped "multinational banks that profited from the Bernie Madoff fraud avoid paying compensation to Madoff victims," National Review reported.

The firm hired the former general counsel of the Securities and Exchange Commission in 2011 after he resigned before being sued for $1.5 million in inherited profits from Madoff’s fraud, Bloomberg reported. The money was later turned over to the victims after a settlement was struck."


#8

Americon Billionaires Rising is an exacerbation of the diseased oligarchy. Direct Democracy is the cure.


#9

You said Wall St which is not the same thing as individuals in law firms especially when she was well respected as a Harvard law professor. A lawyer may represent a client without sharing the client's views as say a defense lawyer with a serial killer client. In all law firms there is a range of political viewpoints which reflect the personal positions of the lawyers not of the firm. You are trolling Warren without cause and quoting conservative outlets like the 'free beacon' to do it.


#10

Ha-ha-ha. You did not refute a single fact. As for the source, would you be saying the same thing if I quoted any of the right-wing MSM media like WaPo, NYT, the Boston Globe, LA Times, etc.? It seems to me that the right wing and business sources at least use facts to do their trashing, unlike the lib/prog media which excretes cliches and vomit and gets away with it.


#11

Any number of these financial fat cats could put their money to better use first, by paying the poisonous water bills for the impoverished in Flint, then BY PAYING TO GUT AND REDO THE WATER/SEWER SYSTEM IN FLINT, MI and save children's lives and their futures as a result. Nah, there's nothing to gain from that in monetary terms or power and influence.

“For it is in giving that we receive.”
― Francis of Assisi


#12

Cory Booker seems to be a corporate establishment Dem; don't care if he is black; he's sold out
Kamala Harris is starting her !st term as US Senator although she has big creds from CA
Hate that BERNIE will be in late 70s, but also hope to whatever gods that be that he is still in roaring fighting good health and hope he & his backers see to a place on 50 state ballots Uphill battle but if the protesters don't give up, mebbe a miracle will happen; mebbe some of these godforsaken Repukes will drop dead; on can hope, can't one?