Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

RandySF

(58,534 posts)
Sun Dec 22, 2013, 05:13 AM Dec 2013

We just might have our own Koch!

But in Steyer, liberals have a billionaire on their side. Like the Kochs, he is building a vast political network and seizing opportunities provided by loose campaign finance rules to insert himself into elections nationwide. In direct contrast to them, he has made opposition to fossil fuels and the campaign against global warming the center of his activism.

The former financier is an unlikely green icon. Steyer built his fortune with a San Francisco-based hedge fund of the sort that drove protesters to occupy Wall Street. Some of the investments that landed him on the Forbes list of America's wealthiest went into companies he now says are destroying the planet. Adversaries and, in private, at least some erstwhile allies call him a dilettante.

Yet, unlike many others in a parade of super-rich Californians who have made forays into politics, Steyer has proved himself skilled at bringing attention to his cause and himself.

He has amassed impressive victories: helping persuade recession-weary Californians to pass a $1-billion annual tax hike; creating a gusher of money for energy efficiency; and this year playing a star role in destabilizing plans for the Keystone XL Pipeline with a campaign that has sown doubt about the project inside the administration and mobilized influential Democratic donors and business leaders against it.


http://www.latimes.com/nation/la-na-steyer-20131222,0,6539543.story#ixzz2oC2zBOid

4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
We just might have our own Koch! (Original Post) RandySF Dec 2013 OP
Meet the new bo$$ ... 1000words Dec 2013 #1
... Tx4obama Dec 2013 #2
One person one vote. It's wrong for anyone to have extra power because of money mucifer Dec 2013 #3
They can have a Koch fight down at Roosterama. King_Klonopin Dec 2013 #4

mucifer

(23,488 posts)
3. One person one vote. It's wrong for anyone to have extra power because of money
Sun Dec 22, 2013, 07:08 AM
Dec 2013

But, I guess it's good he has some successes because we don't live in a country with voter fairness.

Latest Discussions»General Discussion»We just might have our ow...