Tom Steyer hopes to fool California voters | Latest News

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Tom Steyer hopes to fool California voters – Latest News

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Tom Steyer could also be one of the biggest hypocrites in American politics — and that’s fairly an achievement.

His primary drawback is that when voters look more carefully, they see proper by means of him.

That’s what occurred when he ran for president in 2020. He collapsed in South Carolina, the place the bulk of the Democratic Party major citizens is black.

Though Steyer employed black political consultants, and shared a stage with rappers, and spent hundreds of thousands to dominate the airwaves, Steyer got here in a distant third, with simply 11.3% of the vote.

Jason Henry for California Post

(His solely comfort was that he completed forward of Pete Buttigieg, who had his own bother with black voters, not simply in South Carolina however in his home city of South Bend, Indiana.)

Steyer ran for president after passing up the possibility to run for California governor in 2018. By then, he had already change into one of the most important donors to the Democrats.

His huge problem was climate change. 

In 2014, Steyer — or, slightly, Steyer’s money — satisfied Democrats to stage a faux filibuster on the Senate flooring, protesting climate change all night time long. 

The irony: Steyer made his fortune in fossil fuels.

Steyer ran for president after passing up the possibility to run for California governor in 2018. AP

“Steyer, the former CEO of the Farallon investment firm, made much of his fortune from the coal, oil, and gas industries that he now targets,” famous City Journal in 2014.

Steyer says he has seen the sunshine. With the zeal of the transformed, he blames fossil fuels for every little thing. 

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Recently, Steyer even recycled an outdated Gavin Newsom tactic, blaming oil corporations for “profiteering off” the Iran conflict.

Slight drawback: There has by no means been any proof that oil corporations have exploited the conflict. And the fact is that California’s fuel costs are greater than the remainder of the nation’s as a result of of the exact same “green” insurance policies that Steyer pushes.

Recently, Steyer even recycled an outdated Gavin Newsom tactic, blaming oil corporations for “profiteering off” the Iran conflict. Courtesy of TomKat Ranch

Special blends, fuel taxes, “cap-and-trade” — whoops, “cap-and-invest” — plus restrictions on native drilling. It’s a method for greater costs, and for dependence on international oil — shipped in from dirtier and more harmful locations, burning carbon all the way in which.

Steyer additionally has struggled with a new drawback: his investment in non-public prisons.

That wasn’t a huge problem when he ran for president, however the Black Lives Matter motion has since put it on his occasion’s radar.

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Worse, one of the businesses Steyer invested in now runs the state’s largest immigration detention middle. 

That’s lethal for any Democrat in California in 2026.

So what does Steyer do?

Worse, one of the businesses Steyer invested in now runs the state’s largest immigration detention middle.  Jason Henry for California Post

You guessed it: He guarantees to abolish ICE.

That’s the sample with the billionaire-turned-populist. He preaches the alternative of what he has practiced.

In a yr when California Democrats are concentrating on the wealthy, chasing different billionaires away, Steyer has determined that a 5% wealth tax is just the start.

Perhaps he’s gaining some traction. A latest ballot confirmed Steyer main the sphere — albeit with simply 21% of the vote — even earlier than Eric Swalwell’s epic implosion.

But that’s additionally a perform of hundreds of thousands of {dollars} in promoting.

California voters could also be liberal, however they’re not gullible. Not for long.

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Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

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