Club for Growth is focussed primarily on economic issues.
Here is their mission statement.
“The Club for Growth is a national network of over 100,000 pro-growth, limited government Americans who share in the belief that prosperity and opportunity come from economic freedom.”
There’s one rich money man, however, who embraces Cruz’s anti-government bent: Secretive hedge-fund guru Robert Mercer of Renaissance Technologies. Mercer has reportedly donated at least $31 million to help elect Cruz, which is more than Cruz has raised from other sources during his entire political career.
Since he began campaigning for the 2012 Senate race in Texas, Cruz raised about $18 million, not including any Mercer money. His single biggest donor has been the Club for Growth, a conservative advocacy group funded by wealthy contributors including industrialists Charles and David Koch, private-equity baron J.W. Childs and tech entrepreneur Peter Thiel. The group has given Cruz $706,000 since 2011, according to the Center for Responsive Politics.
Among corporate donors, the oil and gas industry has been Cruz’s biggest supporter, even though it ranks seventh in spending among all candidates. Support from energy firms is hardly surprising, given that Cruz is from Texas. Law firms came next, followed by the securities industry and real-estate concerns. Here are Cruz’s top donors since 2011:
Robert Mercer. The hedge fund magnate has battled with the federal government, which claims his firm, Renaissance, avoided paying several billion in taxes through artful tax strategies. So Mercer’s interests seem to align with Cruz’s animosity toward the IRS. Mercer’s money will reportedly be split among 4 super PACs, with each presumably taking a different role in the way they advocate for Cruz.
Club for Growth: Amount donated to Cruze since 2011: $706,000.
Senate Conservatives Fund: $316,000.
Woodforest National Bank (community bank based in Houston): $112,000.
Goldman Sachs: $69,000.
Morgan Lewis LLP (Philadelphia-based law firm with significant energy-sector practice): $68,000.
The $69,000 from Goldman is one of the largest sums employees from the Wall Street firm have donated to a single candidate during the last few years. The firm has given money to well over 100 candidates since 2012, but only six got more from Goldman than Cruz — and two of them were Mitt Romney and Barack Obama. Heidi Cruz, the candidate’s wife, manages investments for wealthy clients at Goldman’s Houston office, so personal connections may have helped raise the money. (Heidi Cruz announced she’ll be taking a leave of absence from Goldman during her husband’s campaign.)
Corporations tend to spread political donations widely, since they can come from many individuals at a firm, plus their family members. It’s not unusual for firms to donate to candidates of both parties, as Goldman did with Romney and Obama in 2012. Other big corporate names on Cruz’s donor list include Credit Suisse (CS) ($33,000 from 2011 to 2014), Berkshire Hathaway (BRK-A) ($33,000), Anadarko Petroleum (APC) ($30,000), Valero Energy (VLO) ($27,000), Koch Industries and Wells Fargo (WFC) ($26,000 each). Each of those firms gave to many other candidates, with Cruz typically snagging a middling amount.
“The Club for Growth is a national network of over 100,000 pro-growth, limited government Americans who share in the belief that prosperity and opportunity come from economic freedom.”
By offshoring jobs, pay for endorsement, back room deals, and hypocrisy?
Naaah. Bunch of crooks. The Don has em nailed 100%.
Looks like RINOs galore...
- - - - - - -
“Club for Growth backs 5 Republicans, including Jeb Bush, Marco Rubio”
They USED to be much more focused on economic issues, when under their former head, Chris Chocula. He’s a Hillsdale grad and actually differed with W. Bush on IMMIGRATION. (Nice guy who would actually take and return phone calls.)
Their new guy, McIntosh, is clearly on board the Cheap Labor Express and has completely overplayed his hand by trying to shake down Trump.
I sent them their recent donation letter back with a rebuke for how they’ve gone after Trump, and have jumped aboard the immigration/Cheap Labor wagon.
But what’s their position on immigration?
My understanding is that they’re run but mostly Wall Street types which tend to be for amnesty.
That may be how it was FOUNDED, but.....
Harvard and Yale, plus many others were founded as Christian colleges; some even specifically for the education and training of ministers of the gospel. Notice how THAT turned out. God is persona non grata at most, if not all. And one of the big two just received a grant (bribe) to finance a School of Sharia Law. And they’re apparently going to keep it, and do it.
So don’t give a scummy outfit a pass merely based upon the fact that once upon a time they had an honorable founding. I think the U.S. Congress and Senate could be Exhibit-A in that discussion.
Should be - “The Club for Growth is a national network of over 100,000 self interested, government manipulators who share in the belief that requesting million dollar “contributions” from the uber-rich is the quickest path to prosperity and we shall take every opportunity that comes from the economicly free.”