Posted on 04/30/2006 12:51:14 PM PDT by no dems
Investors Fleeing GOP
Investors at all income levels are increasingly turning away from the Republican Party, endangering the GOP's hold on power.
According to pollsters, 35 percent of voters belong to the "investor class," which includes not only wealthy individuals but also union members, mutual fund holders and a growing number of minority-group Americans.
They comprise a group that helped put Republicans in power "but now seems restless," Business Week reports.
President Bush got the votes of 61 percent of investors in 2004, but now only 43 percent give him a favorable job approval rating, according to a recent Zogby International poll.
"Investors' complaints include the administration's handling of Hurricane Katrina and the Dubai Ports deal, the management of the Iraq war, the $8.2 trillion national debt, soaring gasoline prices and immigration policy," according to Business Week.
Even Wall Street appears to be turning away from the GOP. As NewsMax has reported, last year Democrats beat Republicans in raising political donations from the financial industry, the first time the party outdid Republicans since 1994.
Investors' dissatisfaction could result in defections from the GOP in numbers sufficient to have a seriously detrimental effect on Republican candidates in the 2006 midterm elections.
But while investors appear alienated from the GOP, they remain skeptical that Democrats would do any better on economic issues, Business Week notes.
Bruce Bagley, a small-business owner in California, told the magazine that if Democrats were to take over Congress, investors would have a "bull's-eye" on their back.
It's a remarkable achievement considering how many people on FR claim they've supported the RNC in the past but refuse to now...in fact if you Google the RNC doesn't appear to be having any problems raising funds.
Bingo!
I don't know but this non investor class conservative will be voting conservative if it means writing my own name in. The way things are going I have about as much chance of winning as the GOP.
LOL! Trying to put a happy face on?
Wall Street knows better than that. They just want to send the money to real conservatives. A message needs to be sent to the Republican party in 2006.
Realist? You really should do some Googling then. RNC fundraising is steaming along fine. Even NewsMax has interesting stories on it. Now with the First Lady hitting the fundraising trail things are even picking up.
---the RNC doesn't appear to be having any problems raising funds.---
Yes, it's probably nothing. These close the border folks are just the usual malcontents and kooks, like those Perot folks from sometime back. Just ignore them and all will be well. :^)
I hopt the republicans can earn enough votes to keep power. But I know of many conservatives who are abandoning the party over immigratin and spending.\. My brother and father are two.
Than they better start acting like conservatives once again and stop supporting the dem libs. And not to pass the dems bills like the martinez/kennedy(Mccain/Specter) bill.
Prove to us they still believe in American values and enforce our laws!
I personally don't know any conservatives who have decided to cut of their noses to spite their faces...but I do see the people who have done it before doing it again on FR.
Heck, these days that's Bushbot territory!
Yes, it is early...Laura Bush has only just gotten started.
I fear if the GOP loses power, it could be the end for them. With control of congress, the Dems will make it possible for every illegal to quickly become a citizen (or at least vote). Unfortunetly I don't think Bush would veto such a bill. This will likely give them a permanent majority.
Of course, the Republicans deserve what they get for sticking their head in the sand on this issue for the last few decades (starting with Reagan). Now it may bury them. I will NOT vote for any of the self described "statesman" who are pushing immigration "reform".
Count me in!
I'll continue to donate to individuals but the GOP won't get my money anytime soon.
I was decent enough to call the RNC and ask them to stop sending me letters....and told them why!
If the GOP has to learn the hard way....so be it!
They are out of touch with the regular folks out there.
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