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deminks

(11,014 posts)
Tue Jun 18, 2019, 11:10 AM Jun 2019

The Mercers have bailed on the orange madman.

https://www.vanityfair.com/news/2019/06/why-the-mercers-trumps-biggest-2016-backers-have-bailed-on-him

“CRICKETS. THEY’RE GONE”: WHY THE MERCERS, TRUMP’S BIGGEST 2016 BACKERS, HAVE BAILED ON HIM

(snip)

“Jared doesn’t like what’s going on. He basically believes the RNC should be doing a lot better,” a former West Wing official familiar with the conversations told me. According to this official and another source, Kushner wants to recruit Mike Pence’s former chief of staff, Nick Ayers, back to Washington for a senior position at the RNC to bolster the GOP’s fund-raising. “Jared wants Nick, but Ronna would protest that,” the former West Wing official said. (The White House did not respond to requests for comment. A spokesperson for the RNC said the group “has a great working relationship with the team at the White House” and praised McDaniel for “fundraising records month after month.”)

But a large part of the problem is that Trump has lost the financial support of one of his biggest backers in 2016: the Mercers. With their ties to Steve Bannon, Breitbart, and Cambridge Analytica, Robert Mercer and his daughter Rebekah were superstars last cycle. According to half a dozen sources familiar with the reclusive family’s political activities, the Mercers have drastically curtailed their political donations in recent months and will likely not play a significant role in 2020. “They think that the administration could do so much more. They’ve been very vocal about that to the president,” a person familiar with the Mercers’ thinking told me. “It’s like they’ve disappeared,” the former West Wing official added. “Crickets. They’re gone,” a prominent Republican strategist said.

(snip)

But the relationship was stress tested from the beginning of Trump’s term. In March 2017, The New Yorker published an embarrassing profile of Robert Mercer, depicting him as an eccentric recluse. Five months later, Trump exiled Bannon, which drove a wedge between Trump and the Mercers, Bannon’s longtime patrons. Around the same time, Mercer’s support for Trump and Breitbart was outraging Renaissance employees and the fund’s investors, sources told me. (The hedge fund’s founder, James Simons, is among the country’s biggest Democratic donors.) In November 2017, Mercer was pushed out of Renaissance and he publicly transferred his stake in Breitbart to his daughters. A month later, the Mercers’ relationship with Bannon reached a breaking point when Bannon was quoted extensively in Michael Wolff’s Fire and Fury criticizing the Trump family. Rebekah issued a rare statement distancing herself from Bannon. “My family and I have not communicated with Steve Bannon in many months and have provided no financial support to his political agenda, nor do we support his recent actions and statements,” it read. “Bob and Rebekah both felt so burned by Bannon and the negative publicity,” a person close to the Mercers told me.

Meanwhile, the Mercers’ investment in Cambridge Analytica was putting them in legal jeopardy. A few months after Robert left Renaissance, it was reported that the FBI opened an investigation of Cambridge in the wake of revelations that the firm appropriated private data from more than 50 million Facebook profiles. Last May, the Mercers shut the company down. “The Cambridge investigation really spooked them,” said the prominent Republican strategist.

(snip)

Ding, ding, ding, ding. "The Cambridge investigation really spooked them" IMHO, I think this is why they are still out of the game.
29 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
The Mercers have bailed on the orange madman. (Original Post) deminks Jun 2019 OP
They are scared that their activities might land them in prison. Vinnie From Indy Jun 2019 #1
wouldn't it be nice if TrumPutin got the same scare? Hermit-The-Prog Jun 2019 #22
They hope their treachery will be lost in the whiteout blizzard of Trump org. crimes. Maru Kitteh Jun 2019 #24
The Mercer's should be in prison for their part w/Cambridge Analytica in rat fucking the ... Botany Jun 2019 #2
Yes, but bootleg copies of Cambridge Analytica software are still out there Brother Buzz Jun 2019 #6
Like the Cambridge Analytica computer server in Trump's HQ that was linked to the ... Botany Jun 2019 #8
Yes, and my magic 8 Ball says... Brother Buzz Jun 2019 #10
Very probably. n/t Laelth Jun 2019 #28
There is not proof of any of these accusations you're saying about that server ... mr_lebowski Jun 2019 #26
Renaissance Technologies location 90-percent Jun 2019 #3
Pshaw! Solomon Jun 2019 #4
They'll come rushing back to him next October when the prospect of bullwinkle428 Jun 2019 #5
If you believe this story I have a bridge you might be interested in njhoneybadger Jun 2019 #7
the cauldron of slime loses a main ingredient LOL nt Javaman Jun 2019 #9
The Lard has no more Mercer nt Xipe Totec Jun 2019 #11
Unfortunately the Mercers who live next door to me StarryNite Jun 2019 #12
You really live right next door? nt Lucky Luciano Jun 2019 #19
Yes but not the same Mercers. StarryNite Jun 2019 #21
I wish they would disappear, for real. CanonRay Jun 2019 #13
I seriously doubt the Mercer's are out of the game altogether neohippie Jun 2019 #14
I agree just another bunch going deeper underground to continue on with their plans lunasun Jun 2019 #27
The trump administration should do more? Tech Jun 2019 #15
And therein lies our hope... moonseller66 Jun 2019 #17
There are so many vile criminal humans associated with Impotus that I had forgotten about the Mercer MLAA Jun 2019 #16
Also the Mercers were also working with Farage for Brexit bronxiteforever Jun 2019 #18
The Koch Brothers have also bailed, or at least they're looking around FakeNoose Jun 2019 #20
Probably because Drumpf and his endless amount of grifters (YouTube alt-right assholes, lobbyists,.. Crowman2009 Jun 2019 #29
From "super stars" to "Super Shites". Cha Jun 2019 #23
Whatever. It's hard to keep that much money from polluting the environment, somewhere. erronis Jun 2019 #25

Hermit-The-Prog

(33,349 posts)
22. wouldn't it be nice if TrumPutin got the same scare?
Tue Jun 18, 2019, 05:25 PM
Jun 2019

There are lots of investigations that should get some tv air time, which might throw a scare into lots of bold criminals in D.C.

Guess such reporting isn't as profitable as sensationalism.

Maru Kitteh

(28,341 posts)
24. They hope their treachery will be lost in the whiteout blizzard of Trump org. crimes.
Wed Jun 19, 2019, 04:48 AM
Jun 2019

It looks as though they are hoping to lay low, save their arrows for another battle. I'm sure they are hoping in the future for a less-defective puppet to fund than this one.

Botany

(70,516 posts)
2. The Mercer's should be in prison for their part w/Cambridge Analytica in rat fucking the ...
Tue Jun 18, 2019, 11:31 AM
Jun 2019

... 2016 elections. They know what they did and so, “The Cambridge investigation really spooked them,” said the prominent Republican strategist.

Brother Buzz

(36,444 posts)
6. Yes, but bootleg copies of Cambridge Analytica software are still out there
Tue Jun 18, 2019, 11:46 AM
Jun 2019

Hell, for all we know, Russia may even be adding a turbocharger to the software for additional horsepower.

Yet there's no conspiracy, don't you know?

Botany

(70,516 posts)
8. Like the Cambridge Analytica computer server in Trump's HQ that was linked to the ...
Tue Jun 18, 2019, 11:51 AM
Jun 2019

... Ukraine's Alfa Bank/Putin? And how Facebook helped to weaponize information
that came in on the C.A. server and some of that information was the stolen computer
files from HRC & the DNC under the name of Wikileaks.

Brother Buzz

(36,444 posts)
10. Yes, and my magic 8 Ball says...
Tue Jun 18, 2019, 12:06 PM
Jun 2019

It's been sequestered away to a secret location and is not collecting dust.

Two bits says the orange anus stopped payment on the leased software, too.

 

mr_lebowski

(33,643 posts)
26. There is not proof of any of these accusations you're saying about that server ...
Wed Jun 19, 2019, 09:48 AM
Jun 2019

Other than a link to Alfa Bank.

I've been following that TT Server story pretty closely all along.

Here's a couple articles worth reading ...

Last November:
https://www.newyorker.com/magazine/2018/10/15/was-there-a-connection-between-a-russian-bank-and-the-trump-campaign

Last Month
https://time.com/5592739/donald-trump-petr-aven-alfa-bank/

Bottom-line, we (sadly) still really don't know shit about 'what it was doing'. Certainly nothing close to the way you're describing it.

No Offense

90-percent

(6,829 posts)
3. Renaissance Technologies location
Tue Jun 18, 2019, 11:33 AM
Jun 2019

is in the farmers fields near the subdivisions of my youth. Had to cross the Long Island Railroad tracks to get to the closest strip mall. I attended the grand opening around 1964. Robert attended Stony Brook doing math/computer probably at close to the same time my brother in law was working on his math phd?

Mercer certainly fits the "evil genius" of the morbidly wealthy fascists we have that hate Democracy. He has a $100,000 (?) HO train layout, but, he's still despicable.


https://www.google.com/maps/place/Renaissance+Technologies

-90% Jimmy

bullwinkle428

(20,629 posts)
5. They'll come rushing back to him next October when the prospect of
Tue Jun 18, 2019, 11:41 AM
Jun 2019

Elizabeth Warren (OR ANY OF OUR OTHER FINE CANDIDATES) becoming President starts to look like stark reality.

neohippie

(1,142 posts)
14. I seriously doubt the Mercer's are out of the game altogether
Tue Jun 18, 2019, 12:36 PM
Jun 2019

They created militarized psychographics tools that I'm afraid are still being used, probably from outside the US now. Wasn't there a lot of interest in harnessing that power. I'll bet we just hear less about it now, that the cat's out of the bag

Tech

(1,771 posts)
15. The trump administration should do more?
Tue Jun 18, 2019, 12:59 PM
Jun 2019

How much more damage needs to be done to America for the obscenely rich to be happy?

moonseller66

(430 posts)
17. And therein lies our hope...
Tue Jun 18, 2019, 01:20 PM
Jun 2019

sooner or later these "wealthies" will turn on each other and fight amongst themselves as the ultimate quest for power.

I wouldn't put down the idea that one of the .1% envisions themself becoming the "Ruler of the World!"

Power corrupts...but it really needs money's help. And to have ALL the money means all the power especially over your competition.

MLAA

(17,298 posts)
16. There are so many vile criminal humans associated with Impotus that I had forgotten about the Mercer
Tue Jun 18, 2019, 01:18 PM
Jun 2019

I do hope they go to prison for their criminal and treacherous deeds.

bronxiteforever

(9,287 posts)
18. Also the Mercers were also working with Farage for Brexit
Tue Jun 18, 2019, 01:59 PM
Jun 2019

Andy Wigmore, communications director of Leave.EU, said that Mercer donated the services of data analytics firm Cambridge Analytica to Nigel Farage, the head of the United Kingdom Independence Party (UKIP).

FakeNoose

(32,645 posts)
20. The Koch Brothers have also bailed, or at least they're looking around
Tue Jun 18, 2019, 02:13 PM
Jun 2019

DU ran stories last week that the Kochs might be donating to Democratic candidates wherever they can. Not sure how many Dems are interested, but it shows how little confidence the Kochs have in the GOP these days.

It seems Chump is losing "friends" by the barrel. Whether he had any friends before is a matter of opinion.



Crowman2009

(2,497 posts)
29. Probably because Drumpf and his endless amount of grifters (YouTube alt-right assholes, lobbyists,..
Wed Jun 19, 2019, 11:09 AM
Jun 2019

...etc.) are costing them a fortune with no results. Not that give a fuck about the Kochs being ripped off.

erronis

(15,303 posts)
25. Whatever. It's hard to keep that much money from polluting the environment, somewhere.
Wed Jun 19, 2019, 09:22 AM
Jun 2019

If it's not dump it'll be some other mobster. I just hope the democrats can stay away from the glitter.

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