Some longtime Republican donors are unnerved by the GOP’s shutdown strategy

[applegrove]

Some longtime Republican donors are unnerved by the GOP’s shutdown strategy

By Tom Hamburger and Matea Gold, at the Washington Post

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One top party fundraiser said the Wall Street financiers and corporate executives he counts on for support are “having fits” over the GOP’s brinkmanship strategy, especially related to a potential default if Congress does not agree to raise the debt ceiling later this month.

“The donors I raise money from understand the vital importance of credit markets and are upset that the U.S. credit system is being put at risk,” said the fundraiser, who requested anonymity because of his position in the business world.

Many veteran GOP donors also take a particularly dim view of freshman Sen. Ted Cruz of Texas, a tea party favorite who helped lead the shutdown strategy.

“It appears that we’ve got a bunch of crazies running around — one from Texas and some from other places,” said Al Hoffman Jr., a former Republican National Committee finance chairman and a top fundraiser in Florida. “I love the idea of defunding Obamacare. However, I don’t think it’s going to happen until we have a majority in the Senate and in the House.”




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[gopiscrap]

1. Good, they need to close their wallets

they're just financing craziness

[Politicalboi]

2. Now who holds the purse strings

I hope they lose a lot over this hissy fit.

[Yo_Mama_Been_Loggin]

3. Problem is there are a lot of people with pensions and 401Ks that stand to lose a lot also.

Collateral damage.