Staff Reports
Liberals used to complain about the influence of money in politics, but now they are reveling in it. Joe Biden’s America is seeing the rise of a new generation of left-wing donors who are throwing their money behind the president and his agenda. In his book, “Breaking Biden,” Alex Marlow identifies some of the biggest players in Biden’s America, highlighting their immense wealth and the power they wield.
American Oligarchy: Meet the Billionaire Mega-Donors Behind the Biden Presidency https://t.co/32kRRf7YSh
— Johnnie o (@Johnnieo88) October 26, 2023
It’s no secret that Joe Biden is an oligarch himself. His 2020 campaign raised over $1 billion, with Democrats outspending Republicans by $600 million in “dark money.” These donors aren’t just giving away their money out of the goodness of their hearts; they want something in return. Joe Biden serves a purpose for them, and they expect him to deliver.
Let’s take a look at a few of Joe’s billionaire cabinet members. Dustin Moskovitz, co-founder of Facebook, gave $50 million in the 2020 election cycle, including $20 million to the Future Forward PAC, which supported Biden. Moskovitz now has the ear of the administration and is influencing tech policy, particularly in the area of artificial intelligence. It’s clear that Moskovitz and his machine are an integral part of the Democrats’ infrastructure.
Eric Schmidt, former CEO of Google and Alphabet, has also been a major donor to Democrats. His contributions, along with those from other Big Tech donors, helped Biden’s 2020 campaign. Schmidt has since turned his focus to his philanthropic foundation, Schmidt Futures, which paid the salaries of two employees in Biden’s Office of Science and Technology Policy. There are concerns about the ethics of this arrangement, as there are financial connections between Schmidt Futures and the White House.
Jeffrey Katzenberg, the founder of DreamWorks Animation, has been a loyal supporter of Biden. He held multiple fundraising events for the president, raising millions of dollars for his campaign. Katzenberg’s influence over Biden has caused controversy, especially as Hollywood strikes have disrupted productions. Biden tries to present himself as a man of the people, but his close ties to corporate elites like Katzenberg show the true nature of his administration.
Laurene Powell Jobs, the widow of Apple co-founder Steve Jobs, is one of the richest women in the world and a major player in Democrat politics and media. Through her organization, the Emerson Collective, she donates to social justice causes, funds left-wing media outlets, and employs Biden and Obama administration officials. Her influence has reached a new level under the Biden administration, with Vice President Kamala Harris being a close friend.
Reid Hoffman, co-founder of LinkedIn, is another prolific funder of Democrats. He has made large contributions to Democrat PACs and interest groups, using nonprofits and taking advantage of lax disclosure laws. Hoffman has been involved in questionable activities, including a “false flag” operation in Alabama to deceive voters. He also has close ties to Communist China and advises left-wing organizations that push their ideologies on social media.
Tom Steyer, a former hedge fund manager and climate activist, spent $73 million on left-leaning causes in the 2020 election cycle. Biden hired him as an advisor on climate change, but ironically, Steyer’s own fund had investments in a coal mine that contributes to carbon emissions. This hypocrisy is emblematic of the Biden administration’s approach to climate issues.
These are just a few examples of the billionaires who are exerting their influence in Joe Biden’s America. It’s clear that money talks in politics, and these wealthy donors are expecting a return on their investments. Joe Biden may claim to be a man of the people, but his close relationships with the moneyed elite tell a different story.
