Politico’s Alex Burns and Maggie Haberman have designated 2013 as “Year of the Liberal Billionaire,” as progressive titans like Michael Bloomberg and Tom Steyer unload their money bags on TV ads in off-year elections.
“Their arrival on the political scene, at the same time as many conservative donors remain disheartened from the GOP’s 2012 defeat, represents a shift in power in the arena of big-money campaigns,” Burns and Haberman assert. At least they allowed some more conservative sources to call out the media for giving liberal billionaires a free pass:
The newest celebrity in the liberal universe is billionaire Tom Steyer. In a story headlined "The Wrath of a Green Billionaire," Bloomberg Businesweek reporter Joshua Green explained he’s hailed as “a liberal analogue of the conservative Koch brothers, the billionaire owners of Koch Industries, whose lavish support of free-market causes and political ruthlessness loom large in the liberal imagination.’‘
Steyer’s obsession is stopping global warming. “If you look at the 2012 campaign, climate change was like incest—something you couldn’t talk about in polite company,” he says. Naturally, this swagger reminds the Bloomberg-owned magazine of...well, Bloomberg:
At a time when the American mood has turned against excessive government spending, Christiane Amanpour devoted Sunday’s This Week to four liberal Democratic billionaires, though she failed to identify their political orientation, who want higher income tax rates on the wealthy.
Unmentioned during the pre-taped interviews with Warren Buffett, Bill and Melinda Gates, Ted Turner and Tom Steyer revolving around their participation in “The Giving Pledge” – the promise to give away at least half their wealth: how they are free now to give all the money they want to the federal government.
Amanpour began by touting: “Warren Buffett has been practically begging the country, begging Congress to tax him more. In fact, many of the richest Americans like Buffett, Bill and Melinda Gates and Ted Turner say that they should pay higher tax.” In between letting Buffett expound at length on why taxes should be hiked, she fretted to Bill Gates: “If people aren't going to pay for the services that they need, how are those services going to get funded, do you think?”