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Conservatives provide bulk of funding for gay marriage campaign in New York

A funny thing is happening on the way to the altar, at least in New York. The bulk of the money to finance a campaign to legalize gay marriage in the state is coming from conservative wealthy Republicans

Jul 31, 2020
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A funny thing is happening on the way to the altar, at least in New York. The bulk of the money to finance a campaign to legalize gay marriage in the state is coming from conservative wealthy Republicans. Even Mayor Michael Bloomberg is known to have kicked in at least $100,000.
The Colorado Independent in the past has drawn attention to the fact thatBarbara Bush has cut a videosupporting the measure. Turns out, though, that GOP support for freedom and liberty in New York could be more than a dog bits man sort of story. It could be the story.
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From Saturday’s New York Times:](http://www.nytimes.com/2011/05/14/nyregion/donors-to-gop-are-backing-gay-marriage-push.html?_r=1&hp)
As gay rights advocates intensify their campaign to legalize same-sex marriage in New York, the bulk of their money is coming from an unexpected source: a group of conservative financiers and wealthy donors to the Republican Party, most of whom are known for bankrolling right-leaning candidates and causes.
Their behind-the-scenes financial support — about $1 million in donations, delivered in recent weeks to a new coalition of gay rights organizations — could alter the political calculus of Albany lawmakers, especially the Republican state senators in whose hands the fate of gay marriage rests.
The donors represent some of New York’s wealthiest and most politically active figures and include Paul E. Singer, a hedge fund manager and top-tier Republican donor, as well as two other financiers, Steven A. Cohen and Clifford S. Asness.
In Colorado, where voters overwhelmingly support gay rights and even young Republicans have come out stronglyin support of civil unions, Republicans in the legislaturewould not allow the matter to even be discussed on the floor.
So, why are rich Republican New Yorkers voting so heavily with their pocketbooks on this issue? They say it is a basic matter of freedom, what some might call a core Republican value:
The newly recruited donors argue that permitting same-sex marriage is consistent with conservative principles of personal liberty and small government.
“I’m a pretty straight-down-the-line small-government guy,” said Mr. Asness, who described himself as a libertarian who favored less government intrusion in both markets and personal affairs. Mr. Asness, a frequent Republican donor, has praised Tea Party activists on his blog and last year attended a conference of right-leaning donors held by Charles and David Koch, among the leading conservative philanthropists in the nation.
“This is an issue of basic freedom,” Mr. Asness said.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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