Mitch For Money or We The People?

Following Mitch’s Money, Presentation by Doug Price on August 31, 2020

First, I want to thank our oldest grandson, Jacob who has been doing research for me on the last couple of segments of FMM!

I want to provide a clear delineation between Mitch for Corporations and Money and Mitch for the common folk and We The People.

If you have listened to a previous presentation you know these 2 things: Mitch has said the way to win elections is MONEY. We also have learned in order to get to meet with Mitch you must be a donor of at least $25,000.

So, why do corporations provide funds for Legislators and lobby Congress? Obviously, this is a cost of doing business and the payback is legislation for those who provide money to our Mitch and other politicians.

The Blackstone Group is a perfect example of how business is done in Washington.

The Blackstone Group is an American multinational private equity alternative investment management and financial services firm based in New York City. As the largest alternative investment firm in the world,[4] Blackstone specializes in private equity, credit, and hedge fund investment strategies. Its tentacles are far reaching. Just recently completed the purchase of Ancestry.

Its tentacles extend to many politicians including our Senator Moscow Mitch. The Blackstone group has donated $30 million to the Senate Leadership Fund. As the Senate Majority leader Mitch certainly has a say who these funds are distributed to. This money brings him even greater power because every Republican needs to be on his good side in order to obtain funds through this committee.

Blackstone has donated close to $300,000 individually to Mitch. I would bet that the CEO Stephen Schwarzman has Mitch’s personal cell phone number.

As noted in an article from everyvoice.org

McConnell’s all-time, number one donor over the course of his career in the Senate, is Blackstone, a company that has made big bets on coal over the years. Blackstone recently launched Blackstone Energy Partners II, which has raised $4.5 billion for investments in the energy sector. “I think this is going to be a wonderful, wonderful opportunity for us,” CEO Stephen Schwartzman (sic) told the Business Standard. “It’s going to be one of the best opportunities we’ve had in many, many years.’”

In the summer of 2014, as his highly contested election was approaching, McConnell was caught on tape telling a group of high level donors gathered at a strategy conference sponsored by the mega-donor Koch brothers that if elected, he would go after the Environmental Protection Agency by placing riders on spending bills.

That was just a few years ago and now let me tie this to Mitch’s current and continuing disregard of the common folk. I am quoting from an article in the Atlantic:

States need help. Senate Majority Leader Mitch McConnell does not want to provide it. On the Hugh Hewitt Show on April 23, McConnell proposed another idea. Instead of more federal aid, states should cut their spending by declaring bankruptcy:

“I would certainly be in favor of allowing states to use the bankruptcy route. It saves some cities. And there is no good reason for it not to be available. My guess is their first choice would be for the federal government to borrow money from future generations to send it down to them now, so they do not have to do that. That’s not something I’m going to be in favor of.”

McConnell expanded on the state-bankruptcy concept later that same day in a phone interview with Fox News’s Bill Hemmer:

“We are not interested in solving their pension problems for them. We’re not interested in rescuing them from bad decisions they’ve made in the past, we’re not going to let them take advantage of this pandemic to solve a lot of problems that they created themselves [with] bad decisions in the past.”

Blackstone and millions of dollars to Mitch versus the common folk and We the People? Who is going to win that battle?

Isn’t it refreshing to be lectured by someone who has been on the public dole essentially his whole life? Someone who makes almost $200,000 per year and refuses to consider raising the Federal minimum wage?

The House passed the HEROES bill over 3 months ago that would have included funds for state/city governments across the US. Mitch was happy to provide trillions of dollars for big business through an earlier stimulus package. His father’s-in-law business obtained funds from the PPP Program. Wonder why he just did not tell his father-in-law to file bankruptcy along with the hundreds of businesses that obtained money from the government? Would this have anything to do with businesses being able to afford the “buy in”?

Mitch did not allow the Senate to opine on this bill. In the last couple of weeks, he did propose the Senate HEALS bill and this bill did not provide any funding for states. I guess the states do not need any help during the pandemic.

During the 2020 election cycle Blackstone has spent almost $32 million in contributions to politicians. That amount is the 3rd highest spent by any company. During 2019 Blackstone spent over $3.6 million in lobbying. The firm was formed in 1985 and from 2011–2020 has contributed over $64 million to politicians and an additional $34 million in lobbying. Again, these funds help buy a seat at the table.

If you want to meet with Mitch, then bring at least $25,000 to the table and try to compete with $64 million.

The common folk continue to be forgotten by Mitch. Mitch wants states to declare bankruptcy. Mitch passes laws that help corporations who provide him more money to win elections and remain in power. Mitch wants to get rid of social security. Mitch makes the rounds in Kentucky during the pandemic, during a time when legislation is needed to help the Americans who work hard everyday and are just barely making it. He is going around the state handing out your money to encourage you to vote for him again. Isn’t 36 years enough of this? It is time to Ditch Mitch on November 3, 2020!

Doug Price is a member/treasurer of the MMRC and a regular participant on the #MoscowMitchMonday live stream, discussing Mitch and Money. Doug is an advocate of governmental change on the State/Federal level and has periodically worked on Democratic campaigns dating back to the 80s. Follow Doug on Twitter @ PriceDoug

Progress Kentucky works to educate and engage voters across our commonwealth in order to advance a progressive political agenda at the state and national level.