AOC Attacked by Super PAC Funded by Primary Opponent's Husband [View all]

Mailers and digital media opposing Alexandria Ocasio-Cortez are being distributed by a super PAC that has received the majority of its funding from Stephen Dizard, the husband of her primary opponent, Michelle Caruso-Cabrera.

https://readsludge.com/2020/06/17/aoc-attacked-by-super-pac-funded-by-primary-opponents-husband/

Congressional candidates and the PACs that donate to them can only legally take a few thousand dollars from individual donors. But PACs that tell the Federal Election Commission that they won’t donate to or coordinate with candidates are allowed to take unlimited amounts of money from donors. Since the contribution limits for outside spending groups were eliminated by a 2010 D.C. Circuit court ruling that came in the wake of the Supreme Court’s Citizens United decision, many PACs have tested the limits of how closely they can affiliate with candidates without being considered to be acting in coordination and, thus, no longer allowed to raise unlimited sums from donors. Now, the latest attempt to push the limits has emerged in the race between Rep. Alexandria Ocasio-Cortez (D-N.Y.) and her Democratic primary challenger, former CNBC correspondent Michelle Caruso-Cabrera.

An organization called Fight for Our Communities PAC reported its first expenditure to the FEC on Tuesday—$28,000 paid to a Pittsburgh video production company called Phenomenon Post for digital media and mailers opposing Ocasio-Cortez. The mailers and digital media were publicly distributed on Tuesday, according to the FEC filing. As of its most recent disclosure covering receipts made prior to April 30, Fight for Our Communities PAC is funded primarily by Caruso-Cabrera’s husband, Stephen Dizard, who donated $30,000 to it in April. Dizard’s donations make up more than 70% of the PAC’s total funding, according to FEC records, and it is more than ten times the amount he would be allowed to give to the Caruso-Cabrera campaign. Fight for Our Communities is required to file an updated donor disclosure on June 20.

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Dizard, a managing partner at financial firm Wood Capital, has donated primarily to Republicans. His largest donation prior to his donations to Fight for Our Communities PAC was to a joint fundraising committee in 2014 that benefited the campaigns of six congressional Republicans. Other Republicans he has donated to in recent years include Sen. Tom Cotton (R-Ark.), Sen. Cory Gardner (R-Co.), and Sen. Marco Rubio’s (R-Fla.) 2016 presidential campaign.

The campaign of Caruso-Cabrera, who authored a 2010 book calling for Social Security and Medicare to be replaced with privatized voucher systems, has been heavily backed by Wall Street donors. Her more than $2 million received from contributors include maximum donations from executives at firms including Blackstone, Oaktree Capital Management, Goldman Sachs, and The Carlyle Group. Caruso-Cabrera is also supported by the U.S. Chamber of Commerce, the powerful business association that generally backs Republicans. Several of Caruso-Cabrera’s donors are also big donors to President Trump, the New York Post recently reported.

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Link to tweet

back when she was pushing her book, which she was still pushing up until 2018


CNBC's Caruso-Cabrera: Eliminate Departments Of Labor, Commerce, Education And Privatize Social Security

https://crooksandliars.com/heather/cnbcs-caruso-cabrera-eliminate-departments

CNBC anchor Michelle Caruso-Cabrera visited the set of Morning Joe to push her new book You Know I'm Right and apparently we've got another Ayn Rand fan working for CNBC. After saying that the auto companies should have been allowed to fail, presumably to get rid of those pesky over paid union workers, Mike Barnicle asks her if she thinks we're going to have to raise taxes to pay our deficit. Cabrera of course doesn't think we should raise taxes and says that instead we should cut spending. Leslie Stahl asks her where. She replies:






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https://books.google.se/books?id=DZRbKtm2FfUC&printsec=frontcover&dq=You+Know+I%27m+Right:+More+Prosperity,+Less+Government+secrecy++banking+secrecy+and+tax+havens+exist&hl=en&sa=X&ved=2ahUKEwie2NCE-ZfqAhVhxIsKHXHBAjgQ6AEwAXoECAEQAg#v=onepage&q&f=false



'Freedom and democracy are best secured when banking secrecy and tax havens exist'




Wall Street takes aim at Alexandria Ocasio-Cortez in party primary

https://www.ft.com/content/580b5830-7f7e-4092-a6f7-7b451e075e10

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Ms Caruso-Cabrera, 53, has raised just over $2m, a substantial figure for a challenger, as dozens of chief executives, investors, bankers and lawyers have given the maximum allowable donation of $2,800 each to her primary campaign. Some have given another $2,800 for the general election.

However, Ms Ocasio-Cortez has taken in even more: $10.5m, reflecting the ability of figures on the party’s leftwing — such as Bernie Sanders, her preferred presidential candidate — to attract hundreds of thousands of small donations from contributors nationwide. The median size of her donations is $10, according to an Financial Times analysis of Federal Election Commission filings and the online fundraising platform ActBlue.






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