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2020-07-19 Home Front: Politix

Anti-Trump Lincoln Project Blasted for Funneling Donations to Its Founders

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Posted by g(r)omgoru 2020-07-19 08:21|| || Front Page|| [10 views ] Top

#1 Six More Billionaires Donate To The Anti-Trump Lincoln Project
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.

Posted by Frank G 2020-07-19 08:49|| 2020-07-19 08:49|| Front Page Top

#2 But who are they offering as an alternative?

Posted by Skidmark 2020-07-19 10:36|| 2020-07-19 10:36|| Front Page Top

#3 Biden

Posted by Frank G 2020-07-19 11:08|| 2020-07-19 11:08|| Front Page Top

#4 The associates will enjoy the high salaries and plush salaries, while the donors get nothing but the usual variety of op-eds that ever fewer read for their money.

Still, once released the the money will trickle down, up, and sideways through the economy.

Posted by trailing wife 2020-07-19 20:43|| 2020-07-19 20:43|| Front Page Top

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