The Laborers International Union of North America, with about 570,000 members, wants the Obama administration to approve construction of the Keystone Pipeline. The union has a lot of clout in Democratic circles; according to the Center for Responsive Politics, it has contributed $38,089,860 to political candidates since 1989, with just seven percent of it going to Republicans.The Democrat party: the party of the super-rich rent-seekers.
Tom Steyer, the hedge-fund billionaire, wants the Obama administration to block construction of the pipeline. Although a relative newcomer to the political game, he has pledged to give Democrats $50 million, and raise $50 million more, to get his way.
Who has more clout on this issue, the longtime Democratic labor union that has contributed $38 million over the past quarter century, or the guy who can come up with $100 million for this election cycle alone? The question answers itself. And so no one should be surprised that President Obama has again postponed a decision on the pipeline, and left the Laborers unhappy one more time.
Steyer's contribution alone -- not counting the amount he has pledged to raise -- would top the total donations from almost any major Democratic constituency over the last 25 years.
Saturday, April 26, 2014
On Keystone Pipeline, Democratic stalwart Laborers Union finds itself outbid by one enviro-billionaire
The Washington Examiner reports: