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Obama’s Billionaire Sticking It To Middle Class?
Tycoon pledges $100 million to squash job-producing pipeline
WND
Tom Steyer
In big-money politics, few are bigger than former hedge-fund manager Tom Steyer, a Democrat billionaire who has spent tens of millions in campaign work for “green” causes that some recognize are hurting middle-class America.
Steyer’s political organization, NextGen Climate Action, is seeking to build a war chest of more than $100 million to back Democrats in the 2014 election who support policies he believes would help stop global warming, such as opposing the Keystone Pipeline.
This much cash flow into Democrat coffers has led even the left-leaning New York Times and Washington Post to compare Steyer to the wealthy, Republican-backing Koch brothers, whom Steyer’s Democrat allies love to demonize.
But Stephen Moore, chief economist at the Heritage Foundation, is among those who have noted Steyer’s millions are backing policies that cost blue-collar employees tens of thousands of good-paying jobs.
“The greens who run and now finance the Democratic Party have become unhinged, and constitute a clear and present danger to the jobs and livelihoods of middle-class America,” Moore states in a National Review Online column.
Steyer has been an adamant opponent of the Keystone Pipeline – to the tune of tens of millions of dollars – and has even appeared in a series of self-funded, 90-second ads seeking to stop the project. He’s pledging tens of millions more to see the pipeline never completed.
Last year, Men’s Journal reports, Steyer held a lavish fundraiser where he personally urged President Obama to stop the pipeline and helped the president shape rhetoric to downplay how many jobs the pipeline would create.
Reposted with permission
