For someone who demonizes those of his constituents who work in the financial services industry, Rush Holt sure doesn’t have any qualms about accepting campaign contributions from financial kingpins. Holt effectively hooked up his fire hose on Wall Street and has been enjoying the gushing torrents of investment banking, venture capital and hedge fund money flowing into his campaign coffers. Holt received over $30,000 from Goldman Sachs. Holt recently secured funding from other Wall Street titans such as Prudential Financial, Oppenheimer Funds, the Securities Industry and Financial Markets Association and MetLife.
When it comes to accepting money from hedge fund managers, Holt entered into an unshakeable union with his intellectual soul mate, billionaire George Soros. In his current bid for re-election, among the campaign contributions Holt received from Soros organizations are $10,000 from the New Democratic Coalition PAC and $1,000 from J-Street.
According to the latest numbers from Per Trac Financial Solutions, there were 12,200 hedge funds in 2009. Making a very conservative assumption that there are an average of five principals or senior directors per hedge fund would indicate that there are at least 60,000 hedge fund players in a position to contribute funds to political campaigns.
Holt clearly hooked up with the world’s most detestable hedge fund manager. To wit:
· Soros provided $15 million for the Death in America Project, which supports euthanasia and contributed $250,000 to retain Oregon’s assisted suicide law. Soros’ position on euthanasia parallels Holt’s position on infanticide.
· About the 9/11 terrorist attacks, Soros wrote, “Hijacking fully fueled airliners and using them as suicide bombs was an audacious idea, and its execution could not have been more spectacular.”
· Soros is a self-confessed Nazi collaborator. In an interview with Steve Kroft from 60 Minutes (see below), Soros admitted that he collaborated with Nazi‘s to confiscate property from his Jewish brethren in his native Hungary. He said, “my character was made in 1944. That year (1944) was the best year of my life.” (In fairness to Soros, perhaps one had to do what one had to do to survive under Nazi domination. However, what is detestable about Soros’ crooning comments about his Nazi collaboration is that he shows no remorse. Despite Soros being one of the world’s wealthiest men, he can not find a few words of compassion–let alone a few forints–for those poor souls that he wronged. Not even some 66 years after the fact.)
Soros has deployed hundreds of millions of dollars to relentlessly articulate his views on subjects such as those above for many years. What are the odds that Rush Holt would unknowingly align with the only hedge fund manager that is a proud Nazi collaborator? According to Per Trac Financial Solutions, about 1 in 60,000, or 0.0017%.
Rush Holt and the trough feeders that support him endlessly proclaim that Holt has infinite intelligence about every issue in the universe. However, when it comes to inconvenient truths right under his nose, Holt claims to have no knowledge. Highly unlikely!
Addendum: Here is George Soros’ interview with Steve Kroft.
Steve Kroft: And you watched lots of people get shipped off to the death camps.
George Soros: Right. I was 14 years old. And I would say that that’s when my character was made…
Steve Kroft: …My understanding is that you went out with this protector of yours who swore that you were his adopted godson.
George Soros: Yes. Yes.
Steve Kroft: Went out, in fact, and helped in the confiscation of property from the Jews.
George Soros: Yes. That’s right. Yes.
Steve Kroft: I mean, that sounds like an experience that would send lots of people to the psychiatric couch for many, many years. Was it difficult?
George Soros: Not-not at all. Not at all. Maybe as a child you don’t – you don’t see the connection. But it created no-no problem at all.
Steve Kroft: No feeling of guilt?
George Soros: No.
Abram N. Spangel is a pseudonym for a Mercer County business person
Spanel owned Drumthwacket from 1941 through 1966 when he sold it to the State of New Jersey with the intent that it be used as the official residence of the Governor.