Cerberus: Funder of Right-Wing Republicans--and Al Gore

May 14 (EIRNS)--Super-secret Cerberus Capital Management, LLP, which purchased an 80.1% share in Chrysler today, with the intention of cutting production, union wages, and benefits, hellishly funds the right wingers in both the Republican and Democratic Parties. This has included right-wing Sen. Joe Lieberman, genocidal carbon hedge fund trader Al Gore, and far-right Republicans like Sens. Jon Kyl and Orrin Hatch, as well as the National Republican Congressional Committee.

Cerberus--named for the mythological three-headed hound of Hell--was started in 1992 by Stephen Feinberg, a trader from convicted swindler Michael Millken's Drexel Burnham Lambert. Its initial investors included the likes of organized crime-linked Michael Steinhardt. Michael Steinhardt is the son of Sol "Red" Steinhardt, convicted and imprisoned as mobster Meyer Lansky's jewel fence in 1959. Michael Steinhardt confesses in his autobiography No Bull , that he was a Barry Goldwater Republican, and a Buckleyite booster of National Review , and he brought these anti-FDR values into the Democratic Party as the funder-creator, and first chairman, of the Democratic Leadership Council (DLC).

Feinberg's Cerberus has the same profile as Steinhardt: support of right-wing Republicans, with the exception of funding major Republican penetration operations into the Democratic Party, like the Gore-Lieberman Democratic Presidential campaign in 2000, to which Cerberus gave $100,000 in soft money via the Democratic National Committee (DNC) in 2000. Lieberman is the only individual "Democrat" whom Stephen Feinberg contributed to, with $2,000 in 2003.

Cerberus owns IAP Services, one of the biggest providers of logistics support to the U.S. Army in Iraq. It has strong ties to the current Cheney-Bush administration.

Cerberus founder Stephen Feinberg is known for guarding his privacy and keeping a low social profile. One thing that is known about him, is that he majored in politics, producing a senior thesis arguing that drugs and prostitution should be legalized, according to Business Week .