Tag Archive: PAC

Sep 18 2013

Bloomberg Reveals Secret Plan To Trump Bill de Blasio

Mayor+Bloomberg

Did you really think Bloomberg would sit on sidelines while his legacy gets trounced? Picture from the Village Voice.

There is only one winning political party in NYC, the money party and Bill de Blasio crossed it.

According to whispers from an inner-circle Bloomberg loyalist, Mayor Bloomberg is so infuriated with Bill de Blasio for trouncing his legacy by running a smear campaign as the anti-Bloomberg candidate – and achieving high levels of success while doing so – that he decided to dig deep in his own pockets by bankrolling an independent expenditure with upwards of $20 million of his own money to assist Joe Lhota on the road to victory.

Could this be the turning point in the campaign?

The source, who for years built strong personal relations with Bloomberg, said that Bloomberg’s ego can’t take the de Blasio beating and political embarrassment without him standing up and fighting back.

If the mayor can’t do it in the press or in debates, he’ll do it the only way he knows how, his wallet.

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Permanent link to this article: http://queens-politics.com/2013/09/bloomberg-reveals-secret-plan-to-trump-de-blasio/

Feb 12 2012

Crowley The Cash Cow

http://fairimmigration.files.wordpress.com/2009/10/crowley.jpg

Don’t look at me. That’s how the system works.

Queens County Democratic Boss, Joe Crowley is a top earner in a private equities PAC.

From The PolitickerThe Private Equity & Growth Capital Council, which was formed in 2007 by several of the country’s largest private equity firms, quietly formed a political action committee last spring and began making campaign contributions this past summer. New York City Congressman Joe Crowley was one of the top Democratic beneficiaries of donations from the private equity PAC. 

PEGCC spokesman Ken Spain told Fortune’sDan Primack the purpose of the private equity PAC was to support candidates who “understand the important role that private equity plays in driving economic growth, strengthening businesses and providing financial security to millions of Americans by delivering superior returns to public and private pension funds.”

Last year, PEGCC’s PAC mostly gave money to Republicans. Campaign finance reports show it gave roughly two-thirds of the $98,000 it spent during the last year to GOP politicians. Republican Congressmen Orrin Hatch and Spencer Bachus got the most money from PEGCC with $10,000 apiece. The Democratic politicians who received the most money from the private equity PAC were South Dakota Congressman Tim Johnson and Mr. Crowley, who each received contributions of $5,000 from PEGCC.

…For full article: http://www.politicker.com/2012/02/06/private-equity-pac-showed-a-lot-of-love-to-congressman-joe-crowley/

Permanent link to this article: http://queens-politics.com/2012/02/crowley-the-cash-cow/


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