How the Megadonors of the Right Think

Let’s be clear about who the political enemy is in this country:

Three years ago, Home Depot co-founder Kenneth Langone helped lead an unsuccessful effort by a group of GOP megadonors to persuade Gov. Chris Christie to make a run for president in 2012.

Now Langone, who remains a Christie cheerleader, said he is convinced the New Jersey governor is the “guy who can win” the 2016 presidential election — and that the George Washington Bridge lane closure controversy is in his rear-view mirror.

“If he decides, and I’d be more inclined to say when he decides to throw his hat in the ring, I think he’s going to be a formidable competitor,” Langone said in an interview. “People I talk to are still high on him. He looks fabulous. He looks healthy. He’s energized.”

Ken Langone is the same billionaire who told CNBC in January that Pope Francis ought to watch his mouth.

Pope Francis’ critical comments about the wealthy and capitalism have at least one wealthy capitalist benefactor hesitant about giving financial support to one of the church’s major fundraising projects.

At issue is an effort to raise $180 million for the restoration of St. Patrick’s Cathedral in New York being spearheaded by billionaire Ken Langone, the investor known for founding Home Depot, among other things.

Langone told CNBC that one potential seven-figure donor is concerned about statements from the pope criticizing market economies as “exclusionary,” urging the rich to give more to the poor and criticizing a “culture of prosperity” that leads some to become “incapable of feeling compassion for the poor.”

Langone said he’s raised the issue more than once with Cardinal Timothy Dolan, archbishop of New York, most recently at a breakfast in early December at which he updated him on fundraising progress.

“I’ve told the cardinal, ‘Your Eminence, this is one more hurdle I hope we don’t have to deal with. You want to be careful about generalities. Rich people in one country don’t act the same as rich people in another country,’ ” he said.

I’m going to take the Pope’s side on this one. And I’m going to get my hardware elsewhere.

Author: BooMan

Martin Longman a contributing editor at the Washington Monthly. He is also the founder of Booman Tribune and Progress Pond. He has a degree in philosophy from Western Michigan University.