Yesterday
was the first business day of 2016. The financial markets are cranking up,
poised to tank (unless they don’t). You may
have also heard this is a presidential election year.
Months
of debates and other media-driven nonsense have produced spirited races, plus a
large contingent of voters sick of all Democratic dogs and GOP gerbils. It’s
too early to predict winners, but there is one loser already … Karl Rove.
Mr.
Rove’s American Crossroads political action committee raised $117 million to
support Mitt Romney for president four years ago. He squeezed the last of it
out late in the game by guaranteeing his billionaire suckers – er, donors –
that Mr. Romney was on the cusp of a “mandate.”
Fox News continues to give Mr.
Rove a forum as a “contributor,” despite his bias toward the failed candidacy
of Jeb Bush. To the money men, he’s dead. Donations are down 99% this time
around.
“I
gave Rove $500,000. What did I get for it? Nothing,” said Home Depot
co-founder Ken Langone as he bitched to Gabriel Sherman of New York magazine. Another
Rove sucker speaking out is John Jordan, a winemaker from California:
Few
noticed, but the rules of the game changed in 2015. It took the candidacy of a
loud, brassy former donor type to change them. Now his fellow billionaires are
investing carefully, if at all.
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