Posted on 07/19/2020 5:05:12 AM PDT by Sir Napsalot
Six more billionaires recently donated to the Lincoln Project, a Republican-led super-PAC doing its best to defeat Donald Trump in November.
The largest donor, supplying $1 million, was billionaire hedge fund manager Stephen Mandel Jr., founder of Lone Pine Capital, according to Federal Election Commission filings released Wednesday.
Other supporters include Hollywood billionaire David Geffen (who donated $100,000), Boston media magnate Amos Hostetter Jr. ($100,000) and Silicon Valley investors Michael Moritz ($50,000) and Chris Sacca ($10,000). Martha Karsh, who is married to private equity billionaire Bruce Karsh, gave $50,000.
This group of donors is following in the footsteps of Walmart heiress Christy Walton, who gave $20,000 to the Lincoln Project in January. Apparently pleased with her investment, she contributed another $10,000 in May. All of the donors except Walton have also contributed to Joe Biden’s presidential campaign or a super-PAC supporting the former vice president.
Although billionaires, like everyone else, can only give $5,600 per election cycle directly to the campaigns of presidential candidates, they can give unlimited sums to super-PACs, like the Lincoln Project. In total, the Lincoln Project has raised $18.7 million this year.
(snip)
And they aren’t just targeting Trump. FEC filings show that the Lincoln Project has paid to run ads opposing his allies, including senators Mitch McConnell of Kentucky, Thom Tillis of North Carolina and Joni Ernst of Iowa. It has also paid for ads supporting Joe Biden and Montana governor Steve Bullock, who is running for Senate in his state.
(Excerpt) Read more at forbes.com ...
The same NeverTumpers who used donation money to Lincoln Project to funnel millions into 'the founders' own company/companies. ===> Same old DC insider tricks, just like standard Democrat SOP.
But, remember they ARE the PRINCIPLED CONSERVATIVES trying conserve conservatism.
Aid and comfort to the enemy. Freeze their assets.
There is truly something bizarre about anybody opposing MAGA but the DNC party machine operatives must be slipping some really powerful hallucinogenic drug into the cocktails at the yacht club these days. Insane!
Interesting, isn’t it, that the money coming in to fund these “republicans” is from left wing Democratic billionaires. That should tell you everything you need to know about the “republican” opposition to Trump.
Up theirs, tax cuts for the middle class and bleed these socialists until they bleed!
They should rename it “The Liberal Project”.
They've got theirs.
You know what I've noticed? Nobody panics when things go "according to plan." Even if the plan is horrifying! If, tomorrow, I tell the press that, like, a gang banger will get shot, or a truckload of soldiers will be blown up, nobody panics, because it's all "part of the plan". But when I say that one little old mayor will die, well then everyone loses their minds. Introduce a little anarchy. Upset the established order, and everything becomes chaos. I'm an agent of chaos. Oh, and you know the thing about chaos? It's fair!”Nobody had a problem with Weinstein and Epstein and Maxwell, because it was all part of the plan. Nobody had a problem with the congressional slush fund, Barney Frank running an underage prostitution ring out of his congressional office, or massive bribes, because it was all part of the plan. They want Trump gone, so they can return to normal.
LOL! Like David Geffen was a Republican!
Virtually all these members of the “Billionaire’s Club” are hedge fund managers. Early on, Donald Trump railed against the “hedge fund managers” in his drive to election as President, and indicated he despised both how they made their money, and how they directed the fruits of that enterprise to intimidate and throttle back real growth and innovation here in the United States.
Pretty accurate assessment, I would say.
They should rename it “The Liberal Project”.
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There’s not much liberal about them.
Oh noes we’re all doomed, doomed I tell you. These people are suckers.
Wait! The polls all say that Biden is a shoo-in. If the polls are correct, then why do these swamp scum feel a need to donate such huge sums to defeat President Donald Trump? Someone said, “Supporting Biden because you hate President Trump is like eating a dog turd because you hate brocoli.”
Money he made them in the runaway stock market.
Do they think they’re going to pull away Trump voters? I don’t see it.
Truth in advertising would require the name to be the Lenin project.
A bunch of billionaires raised 18 million? lol, that’s like me raising 15 cents
Christy Walton is the family member directing the contributions. She married into the Walton family. Her husband, John Walton, was killed in an ultralight crash in 2005.
It's pretty amazing how many liberals get control of massive amounts of money because someone died in a plane crash.
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