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niyad

(113,527 posts)
Mon Apr 10, 2017, 02:45 PM Apr 2017

How Bannon's multimedia machine drove a movement and paid him millions

(when you read this, and listen to KO connect the dots between bannon, cambridge analytica and russia, the swamp is REALLLLLLLLLLY deep and smelly)

and how does someone this corruptly rich position himself as a "populist" and get people to believe that crap??


How Bannon’s multimedia machine drove a movement and paid him millions

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Stephen Bannon could barely finish his sentences as he implored the listeners of his Breitbart News radio show to see the new movie “Clinton Cash.” It was July 20, the homestretch of the 2016 presidential campaign, and Bannon was describing Bill and Hillary Clinton as “scumbags” and “bandits” who had made millions of dollars through political connections. “Hillary and Bill Clinton are the two single biggest grifters ever to run for president of the United States,” Bannon told his guest, Peter Schweizer, the author of the book behind the movie. Bannon, now President Donald Trump’s chief strategist, framed his radio show that day as an urgent effort to reveal important information for voters – but there was more to it. The show and “Clinton Cash” were components of an intricate multimedia machine comprising nonprofit organizations and private companies that Bannon had leveraged to advance his conservative, populist agenda and bring in millions of dollars. That effort ultimately helped propel Trump into the White House and Bannon into national prominence.

A close look behind Bannon’s radio broadcast that day offers insights about how that machine worked. As it happened, the research behind “Clinton Cash” had been funded by the Government Accountability Institute, or the GAI, a tax-exempt public charity that Bannon had created a few years earlier and that had paid him hundreds of thousands of dollars as executive chairman, documents show. “Clinton Cash” had been produced by Glittering Steel and Bannon Film Industries, two companies owned by Bannon, who was one of the screenwriters. Bannon also was an owner of ARC Entertainment, the firm listed as distributor of the film. And he was receiving a six-figure salary as executive chairman of Breitbart News, which heavily promoted the film through Bannon’s radio program and its controversial website.

. . . . .

A Washington Post examination found that Bannon was able to produce more than a dozen conservative documentaries over the past decade by drawing on a network of two-dozen nonprofit organizations and private companies. Bannon helped arrange donations from wealthy Republicans to the nonprofits that paid him for films and other work, documents show. At the same time, Bannon and his firms took in at least $2 million from the nonprofits and an additional $5 million from the private companies, records show.

Bannon, who had already made millions on Wall Street, often was paid in multiple ways for each project – a common practice in Hollywood, where he had worked as an entertainment financier. Because he was paid through the nonprofit and private companies, which have limited obligations to disclose details about their activities, the total pay to Bannon remains unknown. In a personal financial disclosure released by the White House last week, Bannon reported his net worth as between $11.8 million and $53.8 million.

. . . .

http://www.spokesman.com/stories/2017/apr/09/how-bannons-multimedia-machine-drove-a-movement-an/

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How Bannon's multimedia machine drove a movement and paid him millions (Original Post) niyad Apr 2017 OP
In other words, capitalism once again allows the absolute filth Eliot Rosewater Apr 2017 #1
to put it mildly. niyad Apr 2017 #2

Eliot Rosewater

(31,113 posts)
1. In other words, capitalism once again allows the absolute filth
Mon Apr 10, 2017, 02:49 PM
Apr 2017

to rise to the top while millions of decent people struggle, starve and die.

Man, is capitalism fucked or WHAT!

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