Monday, July 05, 2010

Election 2010 Impact - Progressive Democrats Lose Ground – NYC Closes its Wallet to Democrats, Teachers Union Not Trusted in formerly Blue New Jersey

An article from Politico on Independence Day spoke to the fact that Democrats are finding it difficult to raise campaign funds from wealthy Donors in New York City, which is a first. Logic (according to what has been long reported and assumed) is that Republicans rather than Democrats have had strong ties to “big money” on Wall Street; however, the DNC has been going to the Wall Street trough, according to Politico, for decades. In fact, up until this year, certain donors would not even “take a meeting” with a Republican – stunned Democrats find that now, wallets are closing and Republican Candidates have been seen in the Big Apple.

The fact that Wall Street, which drives our nations businesses, in spite of corruption, displays of extravagance and the like, has virtually shut down donations to the DNC. More over logic also dictates that this news coming as a surprise to Democrats is either the product of outright arrogance or plain stupidity, perhaps a combination of both.

The New York money comes from several sources, including Wall Street, Jewish Organizations and the Hamptons – where Politico talks about the loss of the Clinton's fundraising in the Hamptons, as if it would make any difference at this point in our economy. Additionally, with the administration being less than friendly to the State of Israel, those going to the Jewish Organizations with hat in hand are finding the door shut. As the administration and members of Congress have set their hearts on demonizing Wall Street, (rule and regulation aside) in order to campaign against Big Business and Republicans (the usual), they are seeing a severe cut in the amount of the donations given.

It’s the economy that has affected both the haves and the have not’s to the extent that giving to a political party, under who’s watch the economy has continued to degrade is not considered a good investment. Therefore, finding the doors shut to DNC fundraisers, should come as no surprise. The article noted that Obama, however, raised money from individuals rather than larger donors – which is bunk - one of the largest contributors to Obama’s 2008 Presidential Campaign: Goldman Sachs - you can only bite the hand that feeds you so often.

What of those individual donors? Now, in the same position as Wall Street, and with a change in political ideology which goes towards the poor performance of the administration – those individual donors may be slowing a bit – as they are strapped for cash.
July 15th is the next filing for campaigns and PAC’s with the FEC, what to expect, a slowing in donations across the board, but more specifically the Democrats - due to less cash on hand and a whole lot of hurt feelings and mistrust.

Comparing 2008 to 2010 for the Speaker of the House Nancy Pelosi: Total raised in 2010: $2,856,945, compared to 2010 at $1,839, 722 – not much of a difference? Her campaign contributions come primarily from larger business concerns in California, and she faces a real challenger in Republican John Dennis. Should those who had donated to Dennis primary opponent, Walsh (who matched Pelosi in Fundraising in 2009-2010) turn to support Dennis, (which is more probable); his showing on the 15th should improve.

Of course, it’s not always about how much money a political organization or candidate has, that will determine a win or a loss – A recent poll by Quinnipiac on the governorship of one Chris Christie, New Jersey Republican, produced a startling by-product. The residents of the state of New Jersey no longer trust the Teacher’s Union - and by no narrow margin.

New Jersey voters like their teachers 56 – 26 percent, but by a 50 – 24 percent margin they have a negative opinion of the teachers’ union. Voters with children in public school like their teachers 65 – 23 percent, but dislike the teachers’ union 53 – 22 percent. While 45 percent trust the union more to make the right decisions about teacher contracts, 43 percent trust Christie more.
Teachers’ unions are doing the wrong thing in refusing to freeze wages or make other concessions, voters say 64 – 29 percent. Voters oppose 65 – 31 percent property tax increases to avoid cutting teachers and school programs in their district.
“Voters like their kids’ teachers but they sure don’t like the teachers’ union. Voters with kids in school like their teachers more and like the union even less,” Carroll said.

New Jersey Teachers Unions have spent, as of March, 2010, $6 million dollars on negative advertising aimed at the Governor. The fact that this was done, while the Unions refused to allow a wage freeze for teachers and union members for one year, did not set with those New Jersey Taxpayers. It should not sit well with those New Jersey Teachers, who pay $730 a month in Dues, which should go towards health care and pension – one would think. Instead, the bulk of union dues go towards supporting political causes and politicians directly (See Obama Donors link.)
In fact Christie has called on this same union to fore go charging the dues, in order to put into place the desire wage increases this union wants in this recession.

What is of interest is how well or not the DNC will do in total fundraising on July 15th, and if a nationwide survey on trust of unions were taken, how well they might fare in other parts of the country. One would hazard to guess that the poll taken in New Jersey, due to heavy concentration of Registered Democrats in the state, might have given them a few extra points. Therefore, advertisements run by the Teachers union (and other) might not be doing any initiatives or candidates any favors – it also remains to be seen how many teachers might actually end up buying out of their union, and going solo in order to save face and their jobs at the same time. (Yes, one must pay a fee not to belong to the Teaches union.)

As the nation readies for the 2010 and 2012 election cycle, Democrats will find themselves with less dollars for advertising, and if the unions continue to spend dues on negative advertising in a variety states, those watching may be less inclined to believe the union message. There are two basic lessons in this: one: know how thinly stretched the “masses” are before asking them for your trust, and tax dollars, two: don’t bite the hand that feeds you and most impotently: Progressive Politics don’t work in a Democratic Republic, the people balk, get disgusted and then go to the polls.

1 comment:

Ralph Short said...

$730 a month in union dues? That is an amazing and outrageous sum. There are many people who gross not much more than that. One would think the teachers would be up in arms with their union instead of lambasting Christie.

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