Donors View GOP Leadership as “Sunk Costs”

It’s begun to dawn on GOP donors that the millions they’ve poured into the Republicans are a bad investment. So far during the Trump administration what they have is a Bernie Madoff situation without Bernie’s return on investment.

Call it a “Promise Scheme” where Mitch and Paul promise great returns in the future if you will invest money so they can hold office today.

Lifezette reports moneymen who attended “a gathering of Koch network donors…are more than a little restive. Dallas donor Doug Deason declared his “piggy bank” is closed until the GOP leadership “produces results on health care and tax reform.”

I’m not rich myself, but Deason’s thinking mirrors mine: “[Republicans] control the Senate. “[Republicans] control the House. “[Republicans] have the presidency. There’s no reason you can’t get this done. Get it done and we’ll open it back up.”

Deason does not appear to be one of those donors in awe of GOP political “leadership.” Some of the more gullible and easily flattered will come around after a private tour of the capital dome and a meeting in one of the secret Senate hideaway offices.

Deason rejected his invitation. He refused to meet with Curator of the Senate Mitch McConnell. Instead he urged Mitch to “grow a pair” and pass Obamacare repeal and tax reform first. Unfortunately, I’ve got bad news for Deason. A change of that magnitude on the part of McConnell will probably require an organ donor.

How can people so smart in business be so naive in politics? What should their criteria be for backing political leaders? All your questions will be answered by clicking on the link below and hypering to my Newsmax.com column for the stirring finish.

https://www.newsmax.com/MichaelShannon/doug-deason-republican-party-healthcare-tax-reform/2017/07/11/id/801062/

 

 

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