Timothy P. Carney, writing for the Washington Examiner:
The favorite senator of Wall Street and K Street explained to a liberal D.C. audience last week how to defang the Tea Party: offer a populist message that splits the grassroots from their wealthy donors.
Republicans should listen to this counsel, and turn the tables on Sen. Chuck Schumer of New York.
Schumer argued at the Center for American Progress on Thursday that the Tea Party is built on a foundation of deception: “Wealthy, hard Right, selfish, narrow” elites have fooled regular Tea Partiers into hating government. Schumer’s premise is that Big Government is the friend of the regular guy, and only the selfish wealthy elites benefit from more economic freedom.
It seems relevant, then, that Schumer — a dedicated liberal — is the most important congressional Democrat when it comes to fundraising. Schumer headed the Democratic Senatorial Campaign Committee for the 2006 and 2008 elections.
In 2008, Schumer’s DSCC raised more than $160 million, the all-time record for a Senate campaign committee. The DSCC’s $280 million raised over two cycles was 60 percent more than the National Republican Senatorial Committee raised over that same stretch.
Schumer, to fund his own elections, taps deep into the plutocracy he condemns.
Whole thing here.