A sign that the K Street wing of the GOP will win

Here’s another reason for conservatives, bailout-haters, and limited-government types not to get too excited if Republicans take over:

GOP leaders began speaking with lobbyists and corporate donors about the imbalance in their campaign contributions as momentum for a Republican upset built over the year.

I noted this phenomenon back when the Wall Street bill was in Congress — rather than push a real reform to prevent bailouts and promote a free market, the GOP just killed a bank tax, and went to The Street begging for cash. I wrote:

Wall Street gave 60 percent of its money in 2009 to Democrats according to the Center for Responsive Politics — the most one-sided figure since the center began keeping records. The bankers had climbed into bed with Obama, Dodd, and Charles Schumer. Instead of showing some self-respect and walking out on them, Republicans are begging the bankers to come back.
In fact, it’s basically the same thing Republicans did on health-care, where at first, their main objection was the public option, which they helped kill. Then they most focused on Medicare Advantage cuts.

And read that WaPo piece about the new K Street Project. You’ll note that Wal-Mart’s offense in the Republicans’ eyes isn’t backing cap-and-trade, an employer mandate, and higher minimum wage — it’s giving most of its money to Democrats.
Liberal blogger Tim Fernholz (in a blog post with plenty of silliness) puts it well:
I just can’t wait for the Tea Party to realize that, should the Republicans experience great gains today, they’ll have successfully returned the GOP of 2000-2006 to power in Congress.

Beltway ConfidentialK StreetUS

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

San Francisco Giants pitcher Anthony DeSclafani (26) starts against the Colorado Rockies at Oracle Park on April 11, 2021 in San Francisco, California. (Photography by Chris Victorio | Special to the S.F. Examiner).
Giants finish sweep of Rockies behind DeSclafani’s scoreless outing

Even with fans back at Oracle Park, San Francisco Giants pitchers have… Continue reading

Kindergarten teacher Chris Johnson in his classroom at Bryant Elementary School ahead of the school’s reopening on Friday, April 9, 2021. (Kevin N. Hume/S.F. Examiner)
SFUSD students are going back to the classroom

After more than a year of distance learning, city schools begin reopening on Monday

Keith Zwölfer, director of education for SFFILM, stays busy connecting filmmakers and studios with public, private and home schools<ins>. (Kevin N. Hume/S.F. Examiner) </ins>
Streamlined SF film festival focuses on family features

SFFILM Director of Education Keith Zwölfer finds movies that appeal to kids

“Gay Passover,” a fun Haggadah, includes some cocktail recipes. <ins>(Courtesy Saul Sugarman)</ins>
A Passover journey toward something different

It was nice to see my family, and I look forward to reconnecting with friends

Oakland A’s left fielder Tony Kemp fielded a fly but missed the catch in the April 5 game against the Los Angeles Dodgers at the Oakland Coliseum. <ins>(Chris Victorio/Special to S.F. Examiner)</ins>
Bay Area sports for week of April 11, 2021

A look at the upcoming major Bay Area sports events (schedules subject… Continue reading

Most Read