Funding HypocritesOn May 20, 2015 Latest updates
SEIU is funding the Hedge Clippers, a group opposing the role of hedge fund executives in politics. While the Hedge Clippers complain about the campaign contributions of hedge fund managers, the group conveniently fails to mention that it’s funded by powerful unions that also spend heavily on politics. Apparently, the Hedge Clippers are especially outraged that the hedge fund executives support education reform, which, of course, is bitterly opposed by unions.
Hedge Clippers is just the latest fake “grassroots” group – this one designed to smear an industry many of whose leaders want better schools for New York children.
As Business Insider reported last month, a secondary goal of the Hedge Clipper campaign is to make hedge-fund money “toxic” for Democratic Party candidates nationwide.
Which, of course, would make those candidates more reliant on union money.