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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBillionaire GOP Donor-Jumps Ship: Im Using My Tax-Cut Money To Help Elect Democrats
A major GOP donor is jumping ship and now hes contributing to Democratic candidates in hopes of flipping the House of Representatives and/or the Senate in this years midterm elections.
Seth Klarman, the billionaire CEO of the Baupost Group who the Economist once dubbed The Oracle of Boston, called out Republicans for failing to keep President Donald Trump in check.
The Republicans in Congress have failed to hold the president accountable and have abandoned their historic beliefs and values, Klarman told the Boston Globe. For the good of the country, the Democrats must take back one or both houses of Congress.
Klarman, an independent who donated more than $7 million to GOP candidates during the presidency of Barack Obama, has now cut checks to Democrats in 56 House races and 22 Senate elections, the newspaper reported.
I received a tax cut I neither need nor want. Im choosing to invest it to fight the administrations flawed policies and to elect Democrats to the Senate and House of Representatives, Klarman said.
MORE:
https://www.huffingtonpost.com/entry/seth-klarman-democratic-donor_us_5ad4322fe4b077c89cea0063
NewJeffCT
(56,828 posts)thank you for donations
Tom Rinaldo
(22,913 posts)This is a message Republicans understand.
ecstatic
(32,707 posts)marble falls
(57,102 posts)His interests are not necessarily ours except for dumping cheetolini.
LongTomH
(8,636 posts)jalan48
(13,870 posts)dajoki
(10,678 posts)calimary
(81,304 posts)Gee, what finally woke him up?
Stinks up the joint so bad it even got to YOU, 'eh, Seth?
Mountain Mule
(1,002 posts)sandensea
(21,636 posts)Many a fortune was lost during the Bush calamity - though not among his family, friends, and the rest of the Iraq War profiteers of course.
Guy Whitey Corngood
(26,501 posts).