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Mon Apr 16, 2018, 09:39 AM

Billionaire GOP Donor-Jumps Ship: Im Using My Tax-Cut Money To Help Elect Democrats

A major GOP donor is jumping ship and now he’s contributing to Democratic candidates in hopes of flipping the House of Representatives and/or the Senate in this year’s 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. I’m choosing to invest it to fight the administration’s 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

11 replies, 2045 views

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Reply Billionaire GOP Donor-Jumps Ship: Im Using My Tax-Cut Money To Help Elect Democrats (Original post)
kpete Apr 2018 OP
NewJeffCT Apr 2018 #1
Tom Rinaldo Apr 2018 #2
ecstatic Apr 2018 #3
marble falls Apr 2018 #4
LongTomH Apr 2018 #5
jalan48 Apr 2018 #6
dajoki Apr 2018 #7
calimary Apr 2018 #8
Mountain Mule Apr 2018 #9
sandensea Apr 2018 #10
Guy Whitey Corngood Apr 2018 #11

Response to kpete (Original post)

Mon Apr 16, 2018, 09:42 AM

1. Welcome to the #Resistance Mr Klarman

thank you for donations

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Response to kpete (Original post)

Mon Apr 16, 2018, 09:45 AM

2. I like this

This is a message Republicans understand.

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Response to kpete (Original post)

Mon Apr 16, 2018, 09:45 AM

3. Great news! I think Albright's warning is having an impact as well. nt

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Response to kpete (Original post)

Mon Apr 16, 2018, 09:58 AM

4. I welcome him - at arms length. He donated $7M during the Obama administration...

His interests are not necessarily ours except for dumping cheetolini.

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Response to kpete (Original post)

Mon Apr 16, 2018, 10:00 AM

5. NOT good news!!!!! He's going to expect quid pro quo!

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Response to kpete (Original post)

Mon Apr 16, 2018, 12:18 PM

6. Good to see an oligarch flipping to the Dem side.

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Response to kpete (Original post)

Mon Apr 16, 2018, 12:20 PM

7. I don't trust him n/t

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Response to kpete (Original post)

Mon Apr 16, 2018, 12:20 PM

8. Well how 'bout that.

Gee, what finally woke him up?

Stinks up the joint so bad it even got to YOU, 'eh, Seth?

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Response to kpete (Original post)

Mon Apr 16, 2018, 12:34 PM

9. Very interesting n/t

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Response to kpete (Original post)

Mon Apr 16, 2018, 12:41 PM

10. And after all, billionaires do BETTER under Democratic administrations too.

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.

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Response to kpete (Original post)

Mon Apr 16, 2018, 12:45 PM

11. "......... their historic beliefs and values,









.

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