Funder of Right-Wing Republicans–and Al Gore

May14 (EIRNS)–Super-secret Cerberus Capital Management, LLP, which purchased an 80.1% share in Chrysler today, with the intention of cutting production, union wages, and benefits, hellishly funds the right-wingers in both the Republican and Democratic parties. This has included right-wing Sen. Joe Lieberman(I-Conn.), genocidal carbon hedge fund trader Al Gore, and far-right Republicans like Sens. Jon Kyl (Ariz.), Orrin Hatch (Utah), and the National Republican Congressional Committee. Cerberus–named for the mythological three-headed hound of Hell–was started in 1992 by Stephen Feinberg, a trader from convicted swindler Michael Milken’s Drexel Burnham Lambert. Its initial investors included the likes of organized crime-linked Michael Steinhardt. Michael Steinhardt is the son of Sol “Red” Steinhardt, convicted and imprisoned as mobster Meyer Lansky’s jewel fence in 1959.

Michael Steinhardt confesses in his autobiography {No Bull}, that he was a Barry Goldwater Republican, and a Buckleyite booster of {National Review}, and he brought these anti-FDR values into the Democratic Party as the funder-creator, and first chairman, of the Democratic Leadership Council (DLC). Feinberg’s Cerberus has the same profile as Steinhardt: support of right-wing Republicans, with the exception of funding major Republican penetration operations into the Democratic Party, like the Gore-Lieberman Democratic Presidential campaign in 2000, to which Cerberus gave $100,000 in soft money via the Democratic National Committee (DNC) in 2000. Lieberman is the only individual “Democrat” whom Stephen Feinberg contributed to, with $2,000 in 2003. Cerberus owns IAP Services, one of the biggest providers of logistics support to the U.S. Army in Iraq.

It has strong ties to the current Cheney-Bush Administration. Cerberus founder Stephen Feinberg is known for guarding his privacy and keeping a low social profile. One thing that is known about him, is that he majored in politics, producing a senior thesis arguing that drugs and prostitution should be legalized, according to {Business Week}.

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