GOP Mega-Donors For Tim Scott
Billionaires' political instincts never fail!
School choice, “opportunity zones” and the eternal dream of winning the black vote: catnip to nitwit billionaires! And total LOSERS with voters.
The Dunning-Kruger effect strikes, again!
POLITICO, AUGUST 9, 2021
GOP megadonors flock to Tim Scott, building 2024 buzz:
Tech titan Larry Ellison…an outspoken advocate for school choice.. Ellison has contributed $10 million to an outside group aligned with the senator — a huge sum even in the super PAC era and the business owner’s biggest known contribution in three decades as a political donor.
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The pro-Scott super PAC, Opportunity Matters Fund, has drawn support from conservative donors like Richard Gaby… Scott has also received backing from the party’s mainstream givers, like New York hedge fund manager Dan Loeb, a financier of gay rights initiatives who is slated to host a fundraiser bolstering Scott later this year….
Bay Area-based investor Bill Oberndorf, … called Scott “that rare politician who you can trust to be good to his word.” … Oberndorf, a school choice proponent who has donated $200,000 to the pro-Scott super PAC. …
It wouldn’t be the first time a wealthy patron has almost single-handedly turned a Republican candidate into a contender for the nomination. During the 2012 race, former House Speaker Newt Gingrich was bankrolled by casino mogul Sheldon Adelson, and former Pennsylvania Sen. Rick Santorum by investor Foster Friess, helping them advance deeper into the contest than initially expected….
The second-biggest giver to the pro-Scott super PAC is another prominent Republican mega-donor: Las Vegas casino billionaire Steve Wynn.
Top Republicans [mega donors] had hoped the plea would help win over voters in a neighboring state with a substantial Black population, though the party would end up losing both races and, with them, control of the Senate.
The third-largest sum given to the super PAC has come from Ben Navarro, a Charleston, S.C.-based businessperson and philanthropist. …
But other givers have shown interest, too, some of whom have praised Scott for his advocacy of so-called “Opportunity Zones,” which provide financial incentives for business investment in low-income areas.
Dallas-based donor Kenny Troutt… telecommunications company founder, ...recently gave $50,000 to Opportunity Matters Fund. …
Jeff Yass, a suburban Philadelphia-based options trader who’s donated millions of dollars to libertarian causes, said he was supportive of Scott because of the senator’s promotion of school choice policies. Yass has given $30,000 to Opportunity Matters Fund and funded Scott’s 2016 Senate campaign.
Voters — remember them? — hate school choice and “opportunity zones,” and the GOP will never ever, ever, ever, ever, ever win enough of the black vote to make a difference in any election.
Billionaires: Please stick to whatever it is that made you billionaires, and hang on my every word when it comes to politics.
Spot on accurate. Donors could throw the equivalent of the national debt at the blackest Republican politician in recorded history and still end up with 10% of the black vote. It’s a mathematical constant.
Whenever I think of a high GOP fundraiser I imagine a kind of old timey Music Man in a seersucker suit, bow tie, and boater hat who goes through Palm Beach, Santa Barbara, and Flagstaff every couple years with a chorus line of water park minorities dancing around a picture of Lincoln.