A major Democratic donor said that the party has moved too far left during impassioned remarks in an interview on MSNBC on Tuesday.
What did he say?
Stephen Cloobeck, founder and former Chairman and CEO of Diamond Resorts, a Las Vegas timeshare company, said that the party’s message about the wealthy is “so effing wrong.”
“I’ve talked to [Senate Minority Leader Chuck] Schumer, I’ve talked to [Senator Ron] Wyden, I’ve talked to [House Minority Leader Nancy] Pelosi, and I said, ‘If you use the term billionaires again, I’m done,'” Cloobeck said.
Cloobeck argued that most Americans aspire to be rich and the government shouldn’t penalize those who become successful.
“It’s aspirational. I didn’t start with anything,” he said, asking why the party seeks to “penalize everyone that’s done well.”
“We all want to do well. And we should be the party of doing well,” he added. “We should be a party of business and leadership.”
He hit members of the party who he said demonize the wealthy.
“It is very, very disturbing when I hear the ‘millionaire’ and ‘billionaire’ word and I’ve told them to stop it, knock it off,” he said, adding, “I’ve made it very clear, I’ll cut your money off and others will do the same. We’ve had enough.”
He added that the party’s move left "drives me nuts" and he thinks the party needs to reshape its image.
"It's fractured, it's broken. We need a new brand," Cloobeck said of the party.
The new message, he said, "needs to be simple."
"Keep it simple. Tax reform, keep it simple. Infrastructure, no bumps in the road. What more do we have to say? They need to have a new brand created."
Asked if Democrats are in worse shape than Republicans, Cloobeck said both parties are "insane," but he is "willing to fight for Democratic principles."
“Hopefully, we’ll get our sh*t together,” he concluded.
This post has been updated to reflect that Cloobeck is the former Chairman and CEO of Diamond Resorts.