Sun Dec 30, 2012, 07:07 AM
Scuba (42,333 posts)
Wisconsin: Out-of-State Billionaires Bought Walker and They Intend to Collect
Out-of-State Billionaires Bought Walker and They Intend to Collect During This Legislative Session: Be on the Alert!
Las Vegas Casio owner Sheldon Adelson (net worth $24.6 Billion ) gave the Baptist preacher's son $250,000 to break the unions in Wisconsin. Adelson, the CEO of the Las Vegas Sands Casino organization which includes the Venetian Casinos in Vegas and and Macu has had a long history of problems with unions at his casinos. Imagine what he would be worth if it wasn't for those pesky unions and their selfish working conditions, health insurance and, God forbid, retirement plans. Breaking the unions in Wisconsin will help Sheldon back in Vegas.
Private equity firms have prestige among the Red State folks. John W. Childs (net worth $1.2 Billion), CEO of the Boston equity firm of J.W. Childs Associates is investing $100,000 in Wisconsin via Walker's campaign. A master at leveraged buyouts, he has not invested in Wisconsin without expecting a return.
Warren A Stephens (net worth of $2.7 Billion) of Little Rock, Arkansas, who is the CEO of Stephens Financial Management, Louis M. Bacon (Net worth $1.4 Billion), a hedge Fund Manager from New York and Patrick G. Ryan (net worth $1.1 Billion), who is the CEO of Ryan Specialty Group, a Chicago Brokerage, have each invested $100,000 for a piece of Scott Walker's soul.
Add these seven donors together and they are worth a combined $38 Billion and have contributed $1.3 million dollars to purchase Wisconsin. To put this in perspective for the reader, Imagine you were worth $38,000. This is comparable to you giving $1.30 to buy a governor's soul and eventually a state. A wise investment for them, a nightmare for the citizens of Wisconsin.
The article also reports on major donations from the NRA and the owner of Amway, and just what it is that they want for their money (hint: it ain't what you and I want).
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