Fat cat ( term ) - wikipedia Fat cat ( term ) This is the current revision of this page, as edited by Bender the Bot ( talk contribs ) at 12 : 45, 7 February 2017 ( clean up ; http → https for The New York Times. using AWB ). The present address ( URL ) is a permanent link to this version. Revision as of 12 : 45, 7 February 2017 by Bender the Bot ( talk contribs ) ( clean up ; http → https for The New York Times. using AWB ) ( diff ) ← Previous revision Latest revision ( diff ) Newer revision → ( diff ) The examples and perspective in this article may not represent a worldwide view of the subject. You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate. ( January 2016 ) Caricature of a fat cat Fat cat is a political term originally describing a rich political donor, also called an angel or big money man. The New York Times has described fat cats as symbols of `` a deeply corrupt campaign finance system riddled with loopholes '', with Americans seeing them as recipients of the `` perks of power '', but able to `` buy access, influence policy and even veto appointments. '' It is also commonly used to describe a rich, greedy person who, due to ownership of large amounts of capital, is able to `` live easy '' off the work of others. In the UK, it is also used to refer to executives whose pay is deemed by others to be excessive. Contents 1 History 2 Use in culture and imagery 3 See also 4 References 5 External links History 1917 caricature of `` Organized Big Business Interests '' The word was first used in the 1920s in the United States to describe rich political donors. The term 's coinage for political purposes has been attributed to Frank Kent, a writer for the Baltimore Sun whose essay `` Fat Cats and Free Rides '' appeared in the American Mercury, a magazine of commentary run by H.L. Mencken. Kent wrote : `` A Fat Cat is a man of large means and no political experience who having reached middle age, and success in business, and finding no further thrill... of satisfaction in the mere piling up of more millions, develops a yearning for some sort of public honor and is willing to pay for it. The machine has what it seeks, public honor, and he has the money the machine needs. '' The 1960 campaign for the Democratic nomination to the presidency was marked by competition between fellow Senators Hubert Humphrey and John F. Kennedy. Their first meeting was in the Wisconsin primary, where Kennedy 's well - organized and well - funded campaign defeated Humphrey 's energetic but poorly funded effort. Humphrey objected to the media, `` The Kennedy forces are waging a psychological blitz that I can not match. I 'm not the candidate of the fat cats... ''. A 1972 book by sociologist G. William Domhoff, titled Fat Cats and Democrats, contrasted the Democratic Party 's perceived populism with its funding structure. In Domhoff 's view, `` Short of a nationwide system of public financing for candidates... it seems likely that wealthy fat cats will find one way or another to finance the candidates of their choice. '' The campaign finance reforms following the Watergate scandal greatly reduced the amount of money that individuals could contribute to a political campaign. In the words of Ben J. Wattenberg, `` The fat cats were driven from the temple... '' During a 1997 $1,000 - per - plate dinner at the Hilton Washington for the Republican Party, which the New York Times dubbed `` a lucrative display of the resilience of big - money campaign fund - raising '', street protesters calling for further reform dressed in `` fat cat '' costumes and chanted `` Hey, hey, ho, ho ! Corporate fat cats like Tim Gerlach have to go ! '' In the 2008 Democratic race, a group of wealthy backers of Sen. Hillary Clinton wrote to Speaker of the House Nancy Pelosi, warning her they might withdraw financial support for the Democratic Congressional Campaign Committee if Pelosi did not change her position on whether the party 's superdelegates `` should support the party 's pledged delegate leader ''. According to the Center for Responsive Politics, the signers included donors such as Haim Saban and Robert L. Johnson, and had given the party nearly $24 million since 2000. In response, the grassroots liberal political action committee MoveOn called the move `` the worst kind of insider politics -- billionaires bullying our elected leaders into ignoring the will of the voters, '' but reassured members that `` when we all pool our resources, together we 're stronger than the fat cats. '' Use in culture and imagery The word has since acquired a meaning of a rich, powerful person of possibly ' undeserved ' wealth. It is now commonly used in editorial cartoons. In the British printed media, a fat cat is usually depicted as a cat - faced, corpulent, middle - aged man clad in a pin striped suit and holding or smoking a thick cigar, representing a venal banker or a high earner executive or `` captain of industry ''. In his 1973 song `` Down and Out in New York City '', James Brown refers to, `` All the fat cats, in the bad hats ''. See also Oligarchy Meritocracy Plutocracy References Jump up ^ `` Of Fat Cats and Other Angels ''. Time. November 29, 1971. Retrieved 2008 - 03 - 31. Jump up ^ Richard L. Berke ( February 17, 2002 ). `` Money Talks ; Do n't Discount the Fat Cats ''. The New York Times. Retrieved 2008 - 03 - 31. Jump up ^ `` Fat cats feeding ''. The Economist. 2003 - 10 - 09. Jump up ^ Fat Cat, in Ayto, John ( 2006 ). Movers and Shakers : A Chronology of Words that Shaped Our Age, Oxford University Press Jump up ^ Merriam Webster Online, fat cat Jump up ^ `` Scratching the First Teflon Presidency : Frank Kent vs. Franklin Roosevelt ''. United States Department of Education. Retrieved 2008 - 04 - 06. ^ Jump up to : David G. Farber ( 2002 ). Sloan Rules : Alfred P. Sloan and the Triumph of General Motors. University of Chicago Press. ISBN 0 - 226 - 23804 - 0. Jump up ^ `` Plenty of Jack ''. TIME. March 28, 1960. Retrieved 2008 - 04 - 06. Jump up ^ G. William Domhoff ( March 2005 ). `` Third Parties Do n't Work : Why and How Egalitarians Should Transform the Democratic Party ''. Retrieved 2008 - 04 - 05. Jump up ^ Jean Hardisty ( 1999 ). Mobilizing Resentment : Conservative Resurgence from the John Birch Society to the Promise Keepers. Wilma P. Mankiller. Beacon Press. ISBN 0 - 8070 - 4317 - 6. Jump up ^ Ben J. Wattenberg ( 1984 ). The Good News is the Bad News is Wrong. Simon & Schuster. ISBN 0 - 671 - 60641 - 7. Jump up ^ Francis X. Clines ( May 14, 1997 ). `` A Dining - for - Dollars Gala Fattens the G.O.P. 's Coffers ''. The New York Times. Retrieved 2008 - 04 - 06. ^ Jump up to : Rebecca Sinderbrand ( March 27, 2008 ). `` MoveOn takes on Clinton 's moneyed supporters ''. CNN.com. Retrieved 2008 - 04 - 06. Jump up ^ Lindsay Renick Mayer ( March 27, 2008 ). `` Democratic Donors Send $24 Million Letter to Pelosi ''. Public Eye. Center for Responsive Politics. Archived from the original on 2008 - 03 - 31. Retrieved 2008 - 04 - 06. Jump up ^ Bell, Steve ( 27 July 2002 ). `` The crusade against the corporate frod ''. The Guardian. Retrieved 12 October 2015. Jump up ^ http://0.tqn.com/d/politicalhumor/1/0/A/K/2/bush-fat-cat.jpg Jump up ^ http://www.ibiblio.org/Dave/Dr-Fun/df200304/df20030404.jpg External links Look up fat cat in Wiktionary, the free dictionary. A Cigar smoking `` Fat Cat '' Retrieved from `` https://en.wikipedia.org/w/index.php?title=Fat_cat_(term)&oldid=764165068 '' Categories : Slang Political terminology Hidden categories : Articles with limited geographic scope from January 2016 Talk Article Talk More Contents About Wikipedia العربية Italiano Edit links This page was last edited on 7 February 2017, at 12 : 45. Text is available under the Creative Commons Attribution - ShareAlike License ; additional terms may apply. By using this site, you agree to the Terms of Use and Privacy Policy. Wikipedia ® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization. About Wikipedia

Question: where did the term fat cat come from
Answer: Frank Kent, a writer for the Baltimore Sun[6] whose essay "Fat Cats and Free Rides" appeared in the American Mercury, a magazine of commentary run by H. L. Mencken