Liberal Millionaires Group Seeks to ‘Fundamentally Reset’ America’s Ideology and Economy

A group of deep-pocketed progressive millionaires seeks to "fundamentally reset" America's ideology and economy and "expose the dogma of free enterprise, limited government, and traditional family values," according to a brochure obtained by the Washington Free Beacon at a secretive progressive dark money donor conference.

The group, called Patriotic Millionaires, is a Washington, D.C.-based organization that consists of wealthy liberals with an income of at least $1 million. The organization initially formed in 2010 to "demand an end to Bush tax cuts for millionaires" and has launched a recent campaign against the Republican tax cut plan.

Patriotic Millionaires' newest organizational overview, which is not the same brochure that is currently available on its website, was obtained by the Free Beacon at the Democracy Alliance's fall investment conference held last week at the swanky La Costa Resort in Carlsbad, Calif. Each Democracy Alliance member vows to steer hundreds of thousands in funding to approved left-wing organizations the group supports.

The group is led by Morris Pearl, a former managing director at BlackRock, one of the world's largest investment firms, and identifies its core values as pushing for "equal political representation," a "livable minimum wage," and a "fair tax system" that rejects free enterprise, limited government, and traditional family values.

More here