The super rich are backing Trump like never before. More than five dozen billionaires are supporting his campaign for the presidency.
This thread will show who his billionaire backers are.
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2) Elon Musk has announced that he intends to commit more than $45 million a month to the Trump campaign. wsj.com/politics/elect…
3)Timothy Mellon, who has given more money to Trump’s three presidential campaigns than anyone else, is also all in on the 2024 efforts.
Mellon gave $50 million to a pro-Trump PAC the day after the former president was convicted in New York
.nbcnews.com/politics/2024-…
4) Jimmy John’s founder James J. Liautaud contributed the maximum amount to a joint fundraising committee for Trump – $844,600. substack.perfectunion.us/p/over-five-do…
5) Crypto twins Cameron and Tyler Winklevoss donated 15.47 Bitcoins each, according to @Sludge.
6) Jared Kushner and his dad Charles, Trump’s family members through Jared’s marriage to his daughter Ivanka, have together already given well over a million dollars.
7) Former GOP Senator from Georgia Kelly Loeffler also gave over $800,000 to the committee.
When she was in the Senate, Loeffler was the richest person in Congress, with a fortune of about $500 million. prospect.org/politics/ultra…
8) David Sacks, the former COO of PayPal and an investor in AirBnB and SpaceX, intends to donate significant amounts to Trump’s campaign and was a major supporter of JD Vance for VP. bloomberg.com/news/articles/…
9) Marc Andreessen and Ben Horowitz, venture capitalists who have made their wealth by investing in startups and cryptocurrency, have announced their intent to create a pro-Trump PAC in the coming days. axios.com/2024/07/17/tru…
10) Chamath Palihapitiya, a former Facebook executive and close associate of David Sacks, is also supporting the Trump campaign. readsludge.com/2024/07/16/tru…
11) Steve Wynn, a casino mogul and former Finance Chair for the Republican National Committee, is also spending hundreds of thousands to boost Trump’s campaign. substack.perfectunion.us/p/over-five-do…
12) Scott and Bryan Sheffield, a father and son duo who’ve made billions together by merging their energy companies and eventually selling them to ExxonMobil, have ratcheted up their donations to Trump and Texas Governor Greg Abbott in the last few months.
13) Scott Sheffield was accused by the FTC of colluding with OPEC to reduce oil output and inflate prices during the early days of the pandemic, and was banned from serving on ExxonMobil’s board of directors as part of the Pioneer acquisition agreement. cnn.com/2024/05/02/ene…
14) Miriam Adelson, owner of Las Vegas Sands and widow of mega GOP donor Sheldon Adelson, has donated the individual max of $844,600 to the Trump campaign’s main vehicle for direct high-dollar donors, per @Sludge.
She also intends to boost PACs that support Trump.
15) Andy Beal, real estate mogul and tech giant who has long been a supporter of Republicans, has also thrown in more than six figures into the Trump 47 committee. substack.perfectunion.us/p/over-five-do…
16) Palmer Luckey, the founder of Oculus and an ex-Facebook executive fired for donating to Trump in the past, has doubled down and donated the maximum amount possible.
17) Bernard Marcus, the billionaire co-founder of Home Depot known for his conservative, anti-worker politics, has already donated at least $844,600 to support Trump. readsludge.com/2024/07/16/tru…
18) Tory Link, CEO of beef jerky company Link Snacks, has donated at least $500,000 to the Trump campaign effort.
19) And this thread is just the tip of the iceberg. At least 63 billionaires have now publicly endorsed Trump, hosted a fundraiser for him, or contributed to Trump campaign groups.
The influence of the super-rich, and their ability to disproportionately influence elections, is detrimental to democracy. One billionaire should not have 10,000x the influence of an average voter.
We have to get money out of politics if we want a functioning democracy.
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3) Project 2025 would make the private, for-profit version of Medicare the default for all future enrollments in the program. Quality of care would decline significantly, and Medicaid recipients would suffer too, with mandatory benefits being eliminated. msnbc.com/opinion/msnbc-…
Thread: A judge in Wisconsin has struck down parts of Act 10, the infamous union-busting law passed by the legislature in 2011.
The judge said the law is unconstitutional — charting a path toward undoing the damage the law has caused.
Here’s what you need to know.
Back in 2011, Gov. Scott Walker and the Republican-controlled state legislature passed Act 10 despite a wave of worker protests against the proposal.
Under the guise of “fiscal responsibility,” the law essentially removed the right of most public workers — except for some public safety employees like cops and firefighters — to collectively bargain.
The booming crystal industry runs on a massively exploited workforce around the world.
One miner told the Wall Street Journal that she makes an average of $4 a day digging for cactus quartz — which can sell for as much as $40,000.
Thread.
Polished quartz can sell for anywhere from a few dollars to tens of thousands, depending on the color and size of the crystal.
Local dealers pay miners $6.50-$19 a kilogram, regardless the color and size, and then mark up the stones to sell to consumers. wsj.com/world/africa/h…
The crystal mining industry is largely unregulated.
Most of the world’s crystal quartz is mined in developing countries like China, India, the Democratic Republic of Congo, and Myanmar, largely by informal miners without protective equipment like reinforced boots or helmets.
THREAD: The Supreme Court has now legalized bribery, kneecapped government regulations, and allowed Presidential crime.
That’s because so many justices are deep in the pockets of the rich and powerful.
2) Clarence Thomas has a long history of taking bribes from billionaire Harlan Crow, who has given Thomas all sorts of gifts including free plane rides and lavish vacations. Crow even paid the private school tuition for the grandnephew Thomas raised. propublica.org/article/claren…
3) Thomas has refused to recuse himself from cases that pose a conflict of interest due to his wife’s involvement in attempts to overturn the results of the 2020 election, including last week’s case concerning prosecutions in relation to January 6th. theguardian.com/us-news/articl…
THREAD: Amazon is forcing warehouse workers across India to work without water or bathroom breaks as temperatures reach as high as an unprecedented and excruciating 125 degrees Fahrenheit.
Workers from the Manesar warehouse that are represented by the Amazon India Workers Association have told dozens of news organizations that they were forced to pledge to continue working without taking any breaks until their quotas were met.
Some were even punished for just resting.
When workers in these Amazon warehouses are able to rest, they take their breaks in rooms with no furniture or equipment to cool down the temperatures inside of their buildings.
The workers association documents incidents like these here.
THREAD: Last year, a woman who had just given birth at Massachusetts' third-largest hospital system died from internal bleeding.
Doctors reportedly could have saved her — but their tools had been repossessed after more than a year of unpaid invoices. bostonglobe.com/2024/01/25/bus…
Then Steward Health Care filed for bankruptcy.
State officials say the hospital system paid out investors and multi-million dollar salaries to top executives as it was running out of supplies to treat patients. wbur.org/news/2024/05/1…
Steward was bought by investors including CEO Ralph de la Torre from private equity firm Cerberus in 2020 for $335 million.
De la Torre then paid himself a $100 million dividend and bought a $40 million yacht, according to the American Prospect.