Tag Archives: Stephen Moore

Club’s Bad Investments

BY JOHN FEEHERY
Reprinted from TheFeeheryTheory.com

The Club for Growth fancies itself a savvy investor in a better, more pro-business Congress.

With a Board of Directors stacked with Wall Street millionaires, the organization was founded in 1999 by now-Wall Street Journal editorialist Stephen Moore. It quickly made a name for itself by running advertisements against Republican politicians who didn’t adhere closely enough to the organization’s philosophical beliefs.

These days, Chris Chocola, an independently wealthy former congressman, leads the Club for Growth. Chocola lost his reelection bid in 2006 to Joe Donnelly, a moderate Indiana Democrat who has since easily carried the seat in two subsequent elections.

You would think Chocola would learn from his own experience that picking the most conservative candidate doesn’t always work, but since taking the helm of the Club, he has only doubled down on a strategy that makes it harder for Republicans to keep their majority in the House and take the majority back in the Senate. Continue reading