14 Billionaires Narrowly Win Wisconsin Recall Election

 

 

In a close recall election in Wisconsin Tuesday night, Democratic challenger and Milwaukee mayor Tom Barrett was narrowly defeated by deeply unpopular  incumbant governors David and Charles Koch of Koch Industries, ABC Supply chairman Diane Hendricks, Wal-Mart heiress Christy Walton, Houston Texans owner Robert McNair, Amway founder Richard Devos, Home Depot founder Bernard Marcus, Aon founder Patrick Ryan, hedge fund manager Bruce Kovner, Moore Capital Management CEO Louis Bacon, DirecTV owner Stanley Hubbard, Tulsa oil magnate Joseph Craft and Las Vegas casino tycoon Sheldon Adelson, among many others.

With the phalanx of CEOs and billionaires spending nearly $30.5 million to Barrett’s $3.9 million, Barrett was a longshot heading into Tuesday’s historic elections.

“This is a victory for the people of Wisconsin,” said Scott Walker, a campaign spokesman for David and Charles Koch of Koch Industries, ABC Supply chairman Diane Hendricks, Wal-Mart heiress Christy Walton, Houston Texans owner Robert McNair, Amway founder Richard Devos,  Home Depot founder Bernard Marcus, Aon founder Patrick Ryan, hedge fund manager Bruce Kovner, Moore Capital Management CEO Louis Bacon, DirecTV owner Stanley Hubbard, Tulsa oil magnate Joseph Craft and Las Vegas casino tycoon Sheldon Adelson, among many others, during the governors’ victory rally.

“It’s wondeful to see democracy in action,” Walker added. “The people have spoken. And by people, I mean David and Charles Koch of Koch Industries, ABC Supply chairman Diane Hendricks, Wal-Mart heiress Christy Walton, Houston Texans owner Robert McNair, Amway founder Richard Devos, Home Depot founder Bernard Marcus, Aon founder Patrick Ryan, hedge fund manager Bruce Kovner, Moore Capital Management CEO Louis Bacon, DirecTV owner Stanley Hubbard, Tulsa oil magnate Joseph Craft and Las Vegas casino tycoon Sheldon Adelson, among many others.”

While the governors are expected to take a day to cackle madly into the wind, they will be back at the capitol in Madison tomorrow to work on new legislation that makes it illegal to work for money.

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