Posted on 08/22/2022 2:48:22 PM PDT by conservative98
WASHINGTON — A new conservative nonprofit group scored a $1.6 billion windfall last year via a little-known donor — an extraordinary sum that could give Republicans and their causes a huge financial boost ahead of the midterms, and for years to come.
The source of the money was Barre Seid, an electronics manufacturing mogul, and the donation is among the largest — if not the largest — single contributions ever made to a politically focused nonprofit. The beneficiary is a new political group controlled by Leonard A. Leo, an activist who has used his connections to Republican donors and politicians to help engineer the conservative dominance of the Supreme Court and to finance battles over abortion rights, voting rules and climate change policy.
This windfall will help cement Mr. Leo’s status as a kingmaker in conservative big money politics. It could also give conservatives an advantage in a type of difficult-to-trace spending that shapes elections and political fights.
[cut]
In a statement, Mr. Leo cited some of the left’s biggest donors and an advisory firm that helps manage the nonprofit groups they fund.
“It’s high time for the conservative movement to be among the ranks of George Soros, Hansjörg Wyss, Arabella Advisors and other left-wing philanthropists, going toe-to-toe in the fight to defend our constitution and its ideals,” Mr. Leo said. Mr. Seid and an associate did not respond to messages seeking comment.
(Excerpt) Read more at nytimes.com ...
💥BOOM!💥
An FBI predawn raid is coming. The IRS audit will follow.
Here is a copy of my post, yesterday. Something good happened.
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These Billionaires Are Helping Lisa Murkowski Fight Off A Trump-Backed Challenger
8/21/2022, 8:17:13 PM · 23 of 63
frank ballenger to kiryandil
In earlier times billionaires were conservative. Luce who owned Time and Life had a lot of control over what was promoted. William Randolph Hearst could make or break political careers with hundreds of local and big city newspapers under his control. Now the wealthy elites are apparently kissing up to Leftists.
So I want to see remaining conservative billionaires buy cable TV networks and social media and spend millions on conservative campaigns.
So where are they?
Sounds good. I hope he’s not funding the RINOs though.
This is the kind of thing my wife and I would love to do, if we won the lottery.
Do not let Mitch or any other RINO near that money.
Not even close. Soros gave $18 B to his own political non-profit.
It’s about time a wealthy conservative stepped up like this. Thank you Barre!
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Interesting how donations by LEFTist Billionaires is normal but from the Center/Conservatives ... HORROR!
Also when was the last time any mention has been made of ‘in kind’ support from the VLW of the MSM, Academia, DoJ, FBI, IRS, Antifa, BLM, SPLC and the like? Support is not always money!
So what PAC is he funding?
marble freedom trust
Sounds like our kind of guy:
“Seid appeared to be the donor (listed as “Barry Seid”) who gave $17 million to fund the distribution during the 2008 presidential campaign of millions of copies of a DVD of the film “Obsession: Radical Islam’s War With the West.” The DVDs, which were sent specifically to households in presidential election battleground states..”
https://www.propublica.org/article/dark-money-leonard-leo-barre-seid
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