Blue Team Senator Joe Manchin of West Virginia serves a very small group, so small that none of them exist in his state. Manchin protected U.S. billionaires from tax increases. Consider the two billionaires name above.
Ken Langone founded Invemed Associates, an investment firm in 1974. SEC filings indicate Invemed has stakes in at least two private equity underwriters (PEU), Centerview Capital and Thirteen Partners.
Centerview Capital shares the same graphic as Bob Rubin's Centerview Partners. Rubin is a legendary member of the Blue Team that freed financial malfeasance. Rubin's PEU advisory firm is helping The Carlyle Group, Blackstone and Hellman buy MedLine, a giant medical supply company. This deal will not decrease healthcare costs. It will add billions in deal fees, management fees, interest expenses and debt which may be mined for sponsor dividends.
Nelson Pelz founded Trian Capital, which brags of its private equity mindset.
Pelz speaks with Manchin on a weekly basis. It's somehow fitting that Joe Manchin made his announcement on Fox News. Politicians Red and Blue love PEU. They are richly rewarded for their service to the greed and leverage boys.
Update 12-21-21: The billionaire boys are experiencing the "Manchin relief." Wealth rewarded, yet again.
Update 1-22-22: "Weak taxation of the wealthy combined with anemic regulation of campaign fundraising have handed America's billionaires outsized political influence to go along with their huge economic clout." U.S. billionaires dumped a staggering $1.2 billion into the 2020 elections—a 39-fold increase compared to 2010. "In the 2010 election cycle, billionaires gave $19 million to Republicans and $11 million to Democrats," ATF noted. "By the 2020 cycle, those respective figures were $656 million and $539 million." They expect a return on their political investment (ROI).
Update 11-12-23: Manchin told a room of oil/gas executives:
"when you make a financial decision for yourself and your family: You want a return on investment."
Joe has delivered major ROI for them and for himself.
