Free Republic

Billionaires are putting their influence and money behind Donald Trump, a wave of support that is helping the former President narrow his fundraising gap with President Joe Biden. The latest example came last week with the news that Blackstone CEO Steve Schwarzman, after years of keeping his distance from Trump, is now a supporter. A collection of familiar GOP names announced their support for Trump in recent months. They include figures like Robert Bigelow and Nelson Peltz. Both have donated to Republicans for years. Both distanced themselves from Trump after Jan. 6. Both are now back on board. Robert Bigelow,...

A 2:20 minute video of a couple of Democrats admitting they were wrong about Trump.

A rare moment of truth from billionaire National Basketball villain Chamath Palihapitiya the other day when he frankly suggested in an interview that “nobody cares” about the persecution, internment and extermination of the Uyghur minority in China. The “nobody” that he refers to are the elites who he hobnobs with and who often own or play for NBA teams. China can do no wrong because it is a source of vast capital. You don’t criticize a mountain of money like that. You don’t even suggest there is anything worth assessing. You just remain silent. Of course, China is poised to...

The Golden State Warriors tried to quickly distance themselves from tech billionaire Chamath Palihapitiya’s incendiary remarks about the Uyghur genocide, but the team has been slammed for a “cowardly” response that critics say shows their fear of upsetting the Chinese government. But the team has since been called out for not being more forceful in denouncing Palihapitiya’s remarks. The U.S. government has declared that the Chinese government has committed genocide against the Uyghurs, a mostly Muslim minority group that is native to the northwest Xinjiang region, the Washington Post reported. Scholars estimate that more than 1 million Uyghurs have been...

Billionaire investor Chamath Palihapitiya is under fire for saying that he - and most Americans - "don't care" about abuses against the Uyghur minority in China. Mr Palihapitiya, a part-owner of San Francisco's basketball team, made the comments during a podcast discussion of whether President Joe Biden's action on the issue had helped him politically. The remarks drew social media backlash. Mr Palihapitiya later admitted that his comments "lacked empathy".

The Golden State Warriors issued a statement regarding owner Chamath Palihapitiya’s controversial comments on Uyghur genocide in China. “Let’s be honest, nobody cares about what’s happening to the Uyghurs. You bring it up because you care and I think it’s nice that you care. The rest of us don’t care,” Palihapitiya said Saturday on a podcast that he co-hosts called “All In.” “I’m telling you a very hard, ugly truth. Of all the things that I care about, it is below my line.” “I think that human rights in the United States is way more important to me than human...

Chamath Palihapitiya, a part-owner and director of the NBA’s Golden State Warriors and the venture capitalist founder and CEO of Social Capital, offered the "very hard ugly truth" about China’s human rights abuses against Uyghur Muslims in a podcast interview. Palihapitiya appeared on the "All-In Podcast" on Saturday. He made his remarks about Uyghur Muslims after his co-host Jason Calacanis praised President Biden for his decision to ban the import of goods made through forced Uyghur labor. "Nobody cares about what’s happening to the Uyghurs, OK? You bring it up because you really care and I think it’s nice that...

Chamath Palihapitiya, a billionaire Silicon Valley venture capitalist and part-owner of the Golden State Warriors, attempted to backtrack from recent comments he made that “nobody cares,” including himself, about the ongoing Uyghur genocide in China.

Tesla's momentum and back-to-back record highs have divided some of the world's most famous investors. Billionaire venture capitalist Chamath Palihapitiya praised the stock's gains in a Thursday appearance on CNBC, telling investors the stock could be worth three times its already lofty valuation. "Don't sell a share," he added. Hedge fund manager Michael Burry - whose bet against the housing market was depicted in the novel and 2015 film "The Big Short" - aired his contrasting opinion Thursday night. The investor tweeted that, like his famous 2008 gambit, his short position in Tesla stands to print huge gains. "Well, my...

https://youtu.be/NvEWez59fbI This interview occurred yesterday on their Halftime Report. I am an Investment Adviser and the last half of this video is MUST WATCHING, as he takes to task the smug CNBC interviewer Scott Wapner. You can here him discuss how the hedge funds DID IT AGAIN with overleverage. And it looks like this afternoon, the late sell off was a blown up hedge fund ordered to liquidate.