NEW: I dug into the top 50 political vendors (per @OpenSecretsDC) and found that over a dozen of them—including 2 of the top 5—cashed in on PPP loans.

Most of these companies have had tens of millions of dollars come their way this cycle.

My latest:
medium.com/@RobletoFire/t…
Buying Time LLC, ranked #2 of top political vendors, has had $222M pass through them this cycle ($430M+ since 2016), with $186M coming from Tom Steyer's Presidential committee.

They received a PPP loan worth up to $350,000
Rising Tide Interactive was another beneficiary of Steyer's run, with $77M of their $86M this cycle came from services related to his digital campaign.

Rising Tide was approved for a PPP loan for up to $1M, as was DSPolitical—another firm founded by RTI partner Eli Kaplan.
Aisle 518 Strategies was paid $39M+ this cycle for media services, with $25M coming from Bernie Sanders' campaign alone.

They received a PPP loan for up to $350,000.
Middle Seat Consulting, a digital media firm co-founded by Justice Democrats founder Zack Exely (though he has since left), made $16M this cycle consulting for progressive Democrats like Jamaal Bowman, Charles Booker, and AOC.

They got a PPP loan for up to $1M.
Blue Wave Political Partners, founded by Bernie Sanders' campaign treasurer Lora Haggard, also got a PPP loan for up to $350,000.

Blue Wave has been directly paid $3M this cycle, Haggard and her partner, Jay Petterson, are listed as treasurer on over 100 committees per the FEC.
Communications Corp of America has been paid $49M+ this cycle for direct-mail advertising—with $27M coming from the Republican National Committee, and $16M coming from President Trump's reelection campaign.

CCA still got the largest loan on the list, valued at up to $2M.
There are several more where that came from, detailed here, in my latest report.

The question remains: Is the PPP helping the small, at risk businesses it was intended to? Or is it being taken advantage of by corporate and political insiders?
medium.com/@RobletoFire/t…

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More from @RobletoFire

8 Sep
Whats up Twitter.

From time to time I feel it's necessary to just spout some thoughts and musings into the ether—to just float ideas into the universe.

This is one of those times.
Over the last few years, especially the past one, alot of people assume my position on many issues—which is natural, given my status and a fledgling independent journalist.

I figure this would be a good time to go through some of those issues.
First of all, I believe in creative, open discussion—which is kinda the purpose of this thread.

I don't have all the answers, but I do believe that discussion—even disagreements—are essential to progress.
Read 21 tweets
10 Jun
BREAKING:

Sunrise Movement receives $250,000 from Soros Super PAC, Democracy PAC.

Soros Fund Management owns millions of dollars in oil/gas companies, including Energy Transfer Partners—owners of DAPL.

My @TheRokfin exclusive report:

rokfin.com/article/1351
Here's the original post that I broke, containing receipts. This donation appears to be a sharp turn in rhetoric for Sunrise, who have been hypercritical of tje billionaire class and their influence on politicians.
Putting aside the usual conspiracies, why is Soros money not a good look for an environmental group? Soros Fund Management owns stock in multiple pipeline companies—including over $2 Million in DAPL owners Energy Transfer, according to their latest 13F filing with the SEC.
Read 4 tweets
8 Jun
Safariland is one of the largest tear gas & riot gear suppliers in the world.

They're financed in part by a joint venture between capital firms FS Investments and KKR.

FS executives, including their CEO and Executive Director, have donated approx. $25,000 to Joe Biden so far FEC filing showing CEO of FS Investments donating to Biden campaignScreen cap of various FS executives thar have donated to the Biden campaign
FS Investments have a PAC, of course, and though they've only raised a little over $115,000 they've managed to donate $15,000 each to:

—NRCC
—DSCC
—DCCC

Mitch McConnell's victory fund also got $10,000. FEC filings that list major FS PAC donations
Safariland's majority owner, Warren Kanders, was forced to resign from his position at the Whitney Museum last year.

Kanders still sits on the Advisory Board of Brown Universities Institute of Environment and Society.
brown.edu/academics/inst… Screen cap of Brown University's IBES Advisory Council website
Read 6 tweets
7 May
NEW:

Tara McGowan, CEO of dark money group Acronym, has funnelled $3 Million in ad-buys from her Super PAC to her own business—Lockwood Strategy—since 09/2018.

PACRONYM has taken in over $9 Million this cycle from billionaire donors such as Soros, Sussman, and Katzenberg.
This is how Super PACs are turned into for-profit businesses:

1. Start a Super PAC

2. Start a digital ad company

3. Spend donations to Super PAC on purchasing digital ads from the company you own, so the donors' money is now in your pocket.

This is how the racket works.
You may have heard about Acronym recently—that's because they also own Shadow, the app that brought down the Iowa caucuses.
google.com/amp/s/www.vox.…
Read 5 tweets
10 Apr
According to financial disclosures, Rep. Ro Khanna's many portfolios reflect numerous purchases of Pfizer ($87K—$430K) and Dupont ($23K—$170K), as well as multiple sales of Caesar's Entertainment stock ($15K—$235K) with transactions beginning around 2/24.
Many elected officials got into hot water for making big trades before the Covid-19 stock market plunge, including Sen. Kelly Loeffler.

Her recent purchases of Dupont, who makes protective equipment in high demand now, have come under scrutiny as well.
time.com/5814158/georgi…
According to disclosures, Rep. Ro Khanna and his multi-millionaire wife made several purchases of up to $170K of Dupont starting 2/24—just before the crash.

While Dupont's stock has suffered, it's recovering due to their services in relation to Covid 19.
Read 9 tweets
18 Feb
In my first @TheRokfin exclusive article, I explore how 30 wealthy donors, including Mike Bloomberg, are funding the DNC through the Democratic Grassroots Victory Fund—and how their definition of "grassroots" is much different than ours.
rokfin.com/article/731
@TheRokfin The Democratic Grassroots Victory Fund is a joint fundraising committee run by the DNC (thier registered address is DNC HQ)

This committee has given more to the DNC than any other this cycle.

The problem? It's about as grassroots as a club of 30 oligarchs can be.
Before we go any further we should examine the dictionary definition of "grassroots".

It doesn't apply to the DNC, or the billionaire's club that funds it.

But it's nice they think so. Even nicer they want you to think so, too.
Read 9 tweets

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