In 2018, she was accused of being too extreme. In 2022, Georgians are learning that Democratic gubernatorial candidate Stacey Abrams is in fact quite the mainstream politician. New reports of Abrams receiving $100,000 in ill-defined salary from a “technology platform for entrepreneurs” company that has no online presence and her rise to multi-millionaire status since her loss four years ago reveal once again just how staggeringly routine Big Money compromise has become in our political process today.
‘Has No Duties’
Fox News reported on August 24:
“Abrams’ financial disclosure form, released in March, lists Dream Project Partners Inc. in multiple sections, including ‘statement of income’ and ‘direct ownership interests in business entity.’ The Georgia Democrat listed herself as a ‘Board Member and Shareholder’ and recorded in the income section that she received $50,000 in 2021 and $100,000 in 2022.
“The financial form says she has no duties with Dream Project Partners Inc., and its ‘principal activity’ description is also vague.”
This is only the latest financial cloud surrounding Abrams, who has become quite the wealthy woman since narrowly losing her 2018 gubernatorial race to Republican Brian Kemp. Her allegedly “insurgent” campaign that year was driven by hefty donations from concentrated wealth titans George Soros and Tom Steyer. Unsurprisingly, her political positions starkly mirrored the causes most dear to the hearts of these two “philanthropist” activists.
It is easy to summon partisan ire over an alleged “reformist” Democrats being in thrall to Big Money, but conservatives surely realize the problem is ubiquitous on both sides of the political divide. As such, it is somewhat heartwarming to see progressive establishment media outlets shine a bit of light on Abrams’ personal windfall, even if it is done ever so tepidly.
The Daily Beast noted in April:
“Stacey Abrams is now a member of the millionaire’s club. That’s right. In the four short years since her failed 2018 Georgia gubernatorial bid, Abrams went from a net worth of $109,000 to $3.17 million, according to state disclosures. For some people, losing an election is a crushing blow. For Abrams, it was a goldmine.”
“[W]hen running for office boosts your income tenfold in a mere four years, it’s clear that the incentives are perverse,” the site emphasizes. The left-leaning outlet then goes on to describe what Americans all too fully understand is the political reality today:
“Between 1984 and 2009, the median wealth of a House member ‘more than doubled,’ while ‘the wealth of the average American family declined.’ The chasm has only widened since then. According to BallotPedia’s ‘Personal Gain Index,’ between 2004 and 2012, ‘the average increase in net worth for the top 100 [richest congressional incumbents] was 114 percent per year.’”
Stacey Abrams and the Democrat Power Females
House Speaker Nancy Pelosi (D-CA) has been a member of Congress since 1987. She has seen her personal net worth balloon to over $100 million. Her husband, Paul, runs an investment firm. “His portfolio has substantially outperformed the S&P 500,” The Hill’s Joe Concha wrote in July. “[P]er a New York Post analysis, the Pelosis have made approximately $30 million from trades involving Big Tech companies the House speaker is responsible for regulating,” Concha added.
Dianne Feinstein (Photo by Anna Moneymaker/Getty Images)
Sen. Dianne Feinstein (D-CA) is 89 years old and is widely reported to exhibit clear signs of age-related dementia. Why does she insist on clinging to office? A very big reason could be the enormous amount of money that has come her family’s way over the years through business deals with China.
Feinstein has staunchly advocated friendly ties with the Asian communist superpower for 40+ years, dating back to her days as San Francisco mayor. As Liberty Nation detailed in 2018, her husband’s financial investments in China surged just as Feinstein became a member of the Senate Foreign Relations Committee in the mid-1990s.
“Fast-forward to today and Feinstein is the second-wealthiest sitting senator in Congress, with an estimated personal net worth of $94 million, with most of that coming from her husband’s investments,” we wrote at the time.
Since that sentence was authored, Stacey Abrams has gone from aspiring political candidate of modest means to ultra-cozy multi-millionaire. And she didn’t even win.
The disconcerting fact facing those who want to “Drain the Swamp” and clean the stables of government is that something much more powerful than ideology is determined to thwart them. A pile of money stands in the way. Avaricious Abrams may very well be an apt symbol of the hollowness of leftist reform claims, but she also personifies the state of American politics today in a much more far-reaching manner.
