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#megadonor

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#Musk lays groundwork for big #donor role in #midterm elections as time with #DOGE *ends*

As billionaire #ElonMusk scales back work for #Trump, he’s laying the groundwork for a major role as a #Republican political #megadonor in next year’s midterm elections, according to 4 people with direct knowledge of the matter.

#resist #DarkMoney #TheRealDeepState #USpol
reuters.com/business/autos-tra

#Citadel CEO #KenGriffin, #billionaire #Trump supporter & #megadonor to #Republicans, had some harsh words for Trump about his #TradeWar:

It’s hurting America’s standing in the world & eroding the nation’s “#brand”.

“The #UnitedStates was more than just a nation. It’s a brand. It’s a universal brand, whether it’s our culture, our financial strength, our military strength …. America rose beyond just being a country,” Griffin said.

#US #economy #recession #trumpcession
cnn.com/2025/04/24/business/ke

CNN · One of Trump’s billionaire supporters has harsh words for the president about his trade warBy David Goldman

A 'cash crunch' forces Senate Republicans to abandon traditional ads

High ad rates and a Democratic cash advantage have the GOP scrambling

The National Republican Senatorial Committee has canceled all of its planned independent expenditures across the country
and will instead use the money to finance "#hybrid" #ads with its candidates, reports Politico's Ally Mutnick.

The move, she explains is due to a "cash crunch" Republicans are facing thanks to superior fundraising by Democratic candidates.

Thanks to that deficit, the NRSC's shift has been underway for months.

Only the Senate races in Michigan and Nevada are still seeing traditional "#independent #expenditures"
from the committee, and these, too, will soon come to an end.

Hybrid commercials, allow outside spenders to split the cost of advertising with the campaign they're boosting
-- and take advantage of federal rules requiring stations to charge lower rates to candidates rather than the higher rates third-party groups face.

Party committees and super PACs can therefore get more bang for their buck,
especially in media markets where an influx of political ads has caused the cost of ad time to skyrocket.

Unnamed Republicans tell Mutnick that one such market is #Missoula, Montana, where 🔸outside groups now need to pay an astonishing 25 times as much as a candidate would.

Those same sources also relay that,
had the NRSC continued to air ads against Democratic Sen. Jacky Rosen in Nevada,
it would need to pay a rate 10 times greater than the one its nominee, Sam Brown, is getting.

👉 There's a drawback, though. Hybrid ads are subject to more stringent content requirements than other commercials.

Most notably, such ads are required to reference a political party writ large,
as opposed to just a single candidate.

These requirements, Mutnick notes, can make these spots "clunky and difficult to design."

That may not be much of a concern in ♦️red states like Montana or Ohio where a message broadly attacking Kamala Harris and the Democratic Party will likely be popular.

However, it can be more of an impediment in ♦️swing seats where the GOP candidates need to win over at least some voters open to backing Harris.

It's an especially serious obstacle in ♦️dark blue Maryland where Republican Larry Hogan is doing whatever he can to distance himself from Donald Trump and his allies.

⚠️However, the NRSC may not feel a need to invest in Maryland because a super PAC funded in part by
🆘 conservative #megadonor #Ken #Griffin is spending huge amounts on independent expenditures, and those ads are under no obligation to mention the rest of the GOP

the-downballot.com/p/morning-d

The Downballot · Morning Digest: A 'crash crunch' forces Senate Republicans to abandon traditional adsBy David Nir
Continued thread

#NelsonPeltz is the billionaire & #GOP #megadonor who on the day the #Jan6 #insurrection, disavowed #Trump, calling it a “disgrace” & apologized for voting for Trump.

But earlier this month, #Peltz had breakfast w/Trump & other billionaires — including hotelier #SteveWynn, #ElonMusk, & fmr Marvel chair #IsaacPerlmutter — at Peltz’s “luxurious oceanfront mansion” in #Florida.
Peltz then told the FT that he would “probably” vote for Trump in 2024.

Continued thread

You may be wondering just whence that staggering #valuation arises,then. There are a couple factors at play—namely, rich friends & retail-level suckers.
…As a #ShellCompany established w/the express purpose of gathering #investments & absorbing them into the minimally operational #TrumpMedia, #DWAC curried investments from all manner of private institutions,most significantly #SIG… meaning #JeffYass, the #Republican #megadonor who’s been floated as potential #treasury sec if #Trump is reelected.

“The revelation that the candidate, who is running as a Dem, is being primarily funded by a Repub #megadonor who contributed < $20M to former Prez 🤡's #SaveAmericaPAC in 2020, tracks w/other disclosures related to Kennedy's candidacy.” -RS

I hazard…Dem’s & their #voters aren’t shocked Repub’s are…propping-up their “Macguffin” w/#gop “unethical💰”.
Dirty tricks, lying, cheating…politics devoid of humanity…that’s their north ⭐️.
(See recent NC “Party-swapping” duplicity) #rfkjr #republicans 1/2

In an opinion essay in The WSJ, Justice #Alito responded to questions about his #PrivateJet travel to a #luxury fishing trip w/a #GOP #MegaDonor #billionaire who frequently has cases before the #SupremeCourt hours before the ProPublica article was published.

The justice wrote he was not required to #disclose the trip or #recuse himself from his benefactor’s cases.

#SCOTUS #DarkMoney #Influence #Law #JudicialEthics
nytimes.com/2023/06/21/us/poli

The New York TimesJustice Alito Defends Private Jet Travel to Luxury Fishing TripBy Adam Liptak
Replied in thread

BOMBSHELL: #BillionaireGate

"IN 2019...after the U.S. #SupremeCourt released its final opinion of the term, Justice #ClarenceThomas boarded a large private jet headed to #Indonesia. He and his wife were going on vacation: 9 days of island-hopping in a volcanic archipelago on a #superyacht... total cost of the trip...$500k...on vacation with real estate magnate and #Republican #megadonor #HarlanCrow, who owned the jet — and the yacht, too."

propublica.org/article/clarenc

@jackiegardina @ProPublica

ProPublicaClarence Thomas Secretly Accepted Luxury Trips From Major GOP Donor
More from ProPublica

Clarence Thomas accused of accepting luxury trips from billionaire Republican donor

For over twenty years, #Clarence #Thomas has accepted multiple luxury trips from #Harlan #Crow, a Republican real estate developer and #megadonor, according to a new ProPublica investigation.

Despite accepting these luxury trips for over two decades, Thomas has **not listed them on his financial disclosures**, according to the report

The report found that the conservative justice frequently travels internationally on Crow’s luxury 162ft yacht, often wearing custom polo shirts gifted by Crow to commemorate the trips which included scuba diving in Indonesia and a cruise in New Zealand.

The justice also frequently visits Crow’s private resort in the Adirondacks known as Camp Topridge. In addition to being served by private chefs, Thomas has mingled with top Republican executives at these retreats. In July 2017, Thomas was accompanied by “major #Republican #donors and one of the #leaders of the #American #Enterprise #Institute, a pro-business conservative think tank,” the investigation found.

theguardian.com/us-news/live/2

the GuardianClarence Thomas must be impeached over revelations of megadonor gifts, says AOC – as it happenedDemocrat urges impeachment after reports justice took gifts from billionaire Harlan Crow for two decades
Continued thread

Here's the "doctor" that was ejected from the Texas senate hearing:

Steven Forrest Hotze is an American conservative #talk #radio #host, #conspiracy #theorist, #physician, Republican #activist and #megadonor in Texas.

Hotze is known as a supporter of a variety of right-wing political causes: #against LGBT anti-discrimination protections, #against COVID vaccine mandates, and as a #proponent of Donald Trump's false claims that he was cheated in the 2020 presidential election.

Hotze is currently under criminal indictment on two charges (unlawful restraint and aggravated assault with a deadly weapon), for his alleged involvement in a private investigation into supposed "voter fraud" that resulted in a private investigator (who was hired by Hotze) attacking and holding an air conditioning repairman at gunpoint