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Reply #2: Here's something to consider: The DLC doesn't LIKE the Grassroots movement. [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
MagickMuffin Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-11-08 04:59 PM
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2. Here's something to consider: The DLC doesn't LIKE the Grassroots movement.
The DLC only favored CorpoMoney for their donations. And since they only courted the CorpoMoney the left wing of the Democratic Party was ignored, except when it came time for OUR votes. Then they paid us. They have been doing this since their existence.

Since the DLC were only interested in the CorpoMoney they became beholden to the CorpoMoney's political interest i.e. "Special Interest" which made sure they would continue getting their support further down the road. Terrence McAuliffe was one of the reasons I detest the DLC. He IS an insider. He has made MILLIONS because of his connections.

McAuliffe has been criticized by political commentators such as William Safire and Arianna Huffington for his ties to Global Crossing, a company that went bankrupt in 2002 amidst what The New York Times called "many of the same accusations that have made Enron into one of the largest corporate scandals in history."

In 1997, McAuliffe purchased a pre-IPO $100,000 stake in Global Crossing. By 1999, McAuliffe sold his investment, which was then valued at $18 million dollars. Howard Kurtz of CNN reported that McAuliffe sold his shares years before there was "any hint of trouble with the company" thus clearing him of any wrongdoing.


In 1999, the U.S. Department of Labor sued Jack Moore, pension fund manager for the International Brotherhood of Electrical Workers, on the basis of several deals made with McAuliffe. In one deal, McAuliffe and the pension fund partnered to buy commercial property in Florida, with McAuliffe investing $100 while the pension fund put up $39 million. McAuliffe received a 50% interest in the partnership and emerged with $2.45 million from his original $100 investment.



Some of us Liberals soon learned about the DLC and didn't like the fact we were being used. With Howard Dean's movement and now with Barack Obama's 50 state strategy, the Grassroots Movement are donating to the campaigns like never before. Because WE matter. Our voices are being heard, we will NOT be taken for granted by the "upper echelons" within our Party.


Anyway that's my take on it, since you asked. I'm like you a VERY LIBERAL minded individual:evilgrin:






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