Published September 10. 2024 02:45PM
Republican David McCormick is challenging incumbent Senator Democrat Bob Casey in November.
Mr. McCormick was CEO of Bridgewater Associates, a hedge fund worth $150 billion. Hedge Funds are not registered with the SEC and are under minimal regulations. In 2019 Bridgewater disclosure forms revealed a $1.3 billion China trade investment fund which propped up their military (AVIC) with H-20 stealth bombers, fighter jets and air craft carriers. WGAL Lancaster fact check: True.
In the past he admitted he had to eliminate about 40-50 Pittsburgh jobs and during his time at FreeMarkets he taught other companies how to out source American jobs.
How will he deal with Americans who have to deal with private equity’s new “renter capitalism” for housing or those who can’t afford skyrocketing home prices that have out paced wage growth since 1985.
I mean really, how can the luxuriously wealthy who live in the stratosphere of opulence and wealth relate to the financial emergencies happening to millions of Americans every day? In Pennsylvania these two sides don’t match.
There is more asymmetry on public policy and Republicans in Congress are working hard at getting exclusive control, and it’s not to help the working class, middle class or those below.
Mr. McCormick is a military veteran who as a CEO businessman, helped China, a Leninist communist country gain astonishing wealth. And now, he supports a dictator-wanna-be for president who has mocked the U.S. military his whole life! But, what I find most striking, is that he has the brass to campaign on “duty, honor and valor; duty to country.”
The U.S. Senate is a formidable force.
Senator Bob Casey has a long record of fighting for the interests of hard working ordinary Americans.
Debra Becker
Effort