Political-spending hypocrisy masks big policy questions

05/23/2014
In high-level fights over political spending, more is at stake for the oil and gas industry than tiresome hypocrisy. Senate Majority Leader Harry Reid (D-Nev.) has become obsessed with libertarian billionaires Charles and David Koch, calling their financial support of Republicans un-American and immoral. But what about hedge-fund tycoon Tom Steyer, who promises to spend $50 million of his own and a like amount from others to support Democrats in this year’s elections? “We need people like Tom Steyer,” Reid cooed to E&E Daily after speaking at a May 20 screening of a film bashing the Koch brothers. In Reid’s view, apparently, spending by rich people is evil when dedicated to Republican...
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