April 15 FEC filings Confirm Hedge Fund attempt to buy Democratic Presidential Candidates

23 de abril de 2007

<body><div id="article"><tr><td height="28" valign="middle" width="184"></td><td valign="middle" width="185"></td></tr><h1>April 15 FEC filings Confirm Hedge Fund attempt to buy Democratic Presidential Candidates</h1><p>Leesburg, Va., April 23 (EIRNS)--The massive contributions of hedge funds to the current crop of so-called "leading" Democratic Presidential candidates documented in the First Quarter 2007 filings of all Presidential candidates with the Federal Election Commission, pose this question: Were a candidate under the control of the hedge funds to be elected President of the United States, which was made the leading nation in the world by its anti-globalist principles of physical economy, could that United States long survive?</p><p>Democratic Party statesman Lyndon LaRouche addresses this question in "Ask the Man Who Owns One," the beginning portion of which is posted the www.larouchepac.com website. "Who owns the candidate to be chosen?" LaRouche asks. "What is inside the package waiting to pop out, were that candidate to enter the White House?"</p><p>As this Political Action Committee has documented on April 6, hedge funds, which control $1.4 trillion in investment capital; which are registered offshore, and which are completely unregulated, increased their political donations by more than two-thirds in the last two years. Democratic frontunner Hillary Clinton, who raised $36 million in the First Quarter 2007, has raised huge amounts from hedge funds, including Avenue Capitol, Apax Partner, Perry Partners, and Quadrangle. Clinton's daughter now works for Avenue Capital. Sen. Barak Obama, who ranks second with $25 million raised in First Quarter 2007, includes among his biggest backers, Ariel Capital Management, with $40,000 from its employees; more than $11,000 from the Blackstone Group, $9,000 from the Chicago-based Grosvenor Capital Management Group, among many other hedge fund contributors. John Edwards, as readers of larouchepac.com know, worked as a "senior advisor" for 14 months for the $30-billion Fortress Investment Group, and resigned only in December 2006, to announce his Presidential campaign.</p><p>Sen. Christopher Dodd, a candidate for the Democratic Presidential nomination who currently chairs the Senate Banking Committee, has received huge hedge fund contributions, from SAC Capital Advisors, and many other hedge funds.</p><p>The story "," first appeared on this website on April 6. It will be further updated, and thus provide some examples relevant to LaRouche's work in progress, "Ask the Man Who Owns One."</p></div></body>