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Monday, October 15, 2012

Elizabeth "Cherokee" Warren's Top Donors are Lobbyists and Lawyers

Don't think for a minute that Paleface Warren is the outsider that she portrays herself to be.

According to the Boston Globe: A divide of donors in Senate contest - News - Boston.com
...although she fashions herself as an advocate for Main Street, the largest business sector backing Warren is lawyers and lobbyists, at $1.4 million, or about 5 percent of her total, with supporting coming from two law firms: Brown Rudnick, and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo.
In addition, Warren has raised $700,842 from finance, insurance, and real estate firms, according to the Center for Responsive Politics. And, then there is MoveOn.org (partially financed by George Soros) money:
Other Warren donors include MoveOn.org, the liberal political action committee, and schools such as the University of California and the Massachusetts Institute of Technology.
Her opponent, Scott Brown,  is also attracting big influence players:
On the eve of the release of the next round of fund-raising numbers, the analysis of filings to the Federal Elections Commission shows that, so far, employees of the Boston mutual fund giant Fidelity Investments are, together, Brown’s biggest source of support. They have given $264,675, according to the FEC data, which was compiled by the Center for Responsive Politics. After Fidelity are the employees of EMC Corp., the Hopkinton computer-storage company; Springfield’s Massachusetts Mutual Life Insurance Co.; and Goldman Sachs & Co...Brown’s support from the financial industry — about $5.5 million, or 28 percent of the $19.5 million he has raised in total... — also appears to reflect how much the sector does not want Warren in the Senate.
Bottom line: Massachusetts is a big time battle of the donors. It's a major feature presentation that will do a lot to advance, what else? Crony capitalism.

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