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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-30-10 09:00 AM
Original message
Billionaire Democrat shakes up Democratic senate primary
Source: St. Pete Times

April 30, 2010
Billionaire Democrat shakes up Democratic senate primary

And you thought Florida's topsy-turvy election year couldn't get crazier. Now comes billionaire real estate investor Jeff Greene of Palm Beach, a Democrat, jumping into Florida's already chaotic U.S. Senate race.

“I am an outsider, the only candidate who isn’t a career politician. I’ve succeeded in the real world of hard work – the others have only succeeded at running for political office after office,’’ said Greene, 55, in a video announcing his candidacy.

Greene said he he will refuse campaign contributions from special interests, and will limit individual donations to $100. That should be no giant sacrifice considering that Forbes last year estimated his net worth at $1.25-billion.
His colorful profile - Mike Tyson was best man at his 2008 wedding, ex-Hollywood madam Heidi Fleiss lived in his guest house after prison, and he made many of his millions betting on the housing collapse that killed Florida's economy - normally would make a candidate like Greene a long shot. But in a race where Democratic frontrunner Kendrick Meek is little known to most voters and Crist non-partisan candidacy means it will be a three-way race, Greene's ability to saturate Florida TV with commercials could make him a major contender.
"There is a big difference between what I did and what Wall Street did. What Wall Street did was wrong – they were motivated by greed and tried to win either way. That’s why I am a strong supporter of President Obama’s efforts to reform our financial regulatory system,'' said Greene, explaining that he invested in complex credit default swaps to protect his real estate investestments when he saw the real estate bubble look shaky. "Never did I imagine that the subprime mortgage market would implode, and I would make hundreds of millions of dollars."
Greene's pitch is similar to another obscure multi-millionaire candidate who recently popped up suddenly in Florida, Republican gubernatorial candidate Rick Scott. Both are touting their outsider status.
“I’m just as frustrated as you are,’’ Greene says in the video announcing his candidacy. “For too long, the career politicians we’ve sent to Washington have played partisan games and have failed us. All of the major candidates for Florida’s U.S. Senate seat have been inside government for the past 10 years. And during those 10 years, things have only gotten worse.’’
Greene only became a Florida resident in 2008, but he touts his longtime connections to the state. As a college student, he says he bussed tables at The Breakers posh hotel in Palm Beach, and his mother lives in Century Village, a modest retirement complex not far from the 12,000 square foot Palm Beach mansion purchased from Tampa Bay Buccaneers owner Malcolm Glazer last year.

Read more: http://blogs.tampabay.com/buzz/2010/04/billionaire-democrat-shakes-up-democratic-senate-primary.html



Kendrick Meek gets a primary opponent.

This is getting wild. Another billionaire Republican is running against Rubio.
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Democat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-30-10 09:10 AM
Response to Original message
1. He's friends with Mike Tyson and Heidi Fleiss...
He's got my vote! :toast:
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zonkers Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-30-10 09:32 AM
Response to Reply #1
4. At lesat TMZ will be there.
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florida08 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-30-10 09:24 AM
Response to Original message
2. now we got a horse race
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-30-10 09:25 AM
Response to Original message
3. the Meg Whitman of florida as the filthy rich buy the government outright nt
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The Hope Mobile Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-30-10 10:18 AM
Response to Reply #3
5. I was thinking that . . . but he is a Dem
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European Historian Donating Member (13 posts) Send PM | Profile | Ignore Fri Apr-30-10 10:22 AM
Response to Reply #3
6. It depends on who it is
Alan Grayson won initially with his multi-million bank account bankrolling his campaign, which is why he is so independent--no need for special interest money.

So self funded candidates aren't always bad. (Of course I've no idea about the guy in this article. Sounds like another carpetbagger to me, and Florida has had enough of those.)
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librechik Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-30-10 12:00 PM
Response to Original message
7. could this guy be another Grayson?
not by a long shot, but we need rich Dems--go Greene!
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Abq_Sarah Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-30-10 05:58 PM
Response to Reply #7
8. The chances of me donating money to a billionaire
Are nonexistent.

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librechik Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-30-10 06:16 PM
Response to Reply #8
10. that's the beautry of it--he will self finance, he said
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Rabrrrrrr Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-30-10 06:10 PM
Response to Original message
9. Another slap in the face to all the "Rich people are teh suck!" assholes/toddlers on DU
Woot!

:woohoo:

And also a slap in the face to all the Republican asshole/toddlers who love to say ignorant shit like "Once you learn to make money on your own and support yourself, you'll be a conservative!".

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unkachuck Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-30-10 09:38 PM
Response to Original message
11. "Billionaire Democrat"....
....isn't that an oxymoron?
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