by Nicholas Beaudrot of Electoral Math
Matt Stoller points to DCCC chair Rahm Emanuel (D-IL) bragging about Democrats' ability to broaden fundraising by "working outside of traditional banks". This is troubling, to say the least.
[Two-sentence history: outside of labor and the plaintiffs' trial lawyers, Demorats had very few business constituencies once dirty industries started migrating to the GOP; chiefly, Hollywood, the tech sector, and the financial services industry stuck around. Just to be clear, this means that before the 2006 election cycle, Dems were already picking up big checks from the likes of Merril Lynch and Goldman-Sachs. This leads to bipartisan agreement on some pretty anti-middle class stuff: overly generous copyright laws, the Bankruptcy bill, etc.]
