Top GOP Donor Done With Republicans, Starts Giving His Money To Democrats

Some of the nation’s richest Democrats, have escalated their giving to boost Hillary Clinton’s presidential hopes and to seize on the prospect of a Democratic takeover in the Senate, according to the review of contributions by the election’s most generous donors.

Wealthy Democrats and liberal organizations have plowed $134 million into super PACs since early April as Clinton pulled away from rival Bernie Sanders and Trump won a string of primaries on his way to effectively clinching the GOP nomination in early May. By comparison, the Republican Party’s biggest donors contributed $51 million to super PACs during the same period.

A GOP mega-donor and hedge fund billionaire is fed up with the president and Republicans’ inability to get things done despite having control of the Congress and the White House, so he’s giving his money to Democrats.

“The Republicans in Congress have failed to hold the president accountable and have abandoned their historic beliefs and values,” Seth Klarman, a Boston hedge fund billionaire, told The Boston Globe. “For the good of the country, the Democrats must take back one or both houses of Congress.”

A GOP mega-donor and hedge fund billionaire is fed up with the president and Republicans’ inability to get things done despite having control of the Congress and the White House, so he’s giving his money to Democrats.

“The Republicans in Congress have failed to hold the president accountable and have abandoned their historic beliefs and values,” Seth Klarman, a Boston hedge fund billionaire, told The Boston Globe. “For the good of the country, the Democrats must take back one or both houses of Congress.”

Klarman says he is using his returns from the $1.5 trillion GOP tax cut on Democratic candidates for the House and Senate in 2018.

“I received a tax cut I neither need nor want,” Klarman said. “I’m choosing to invest it to fight the administration’s flawed policies and to elect Democrats to the Senate and House of Representatives.”

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Alex Hall

Alex D is a conservative journalist, who covers all issues of importance for conservatives. He writes for Conservative US, Red State Nation, Defiant America, Right Journalism, and Supreme Insider. He brings attention and insight from what happens in the White House to the streets of American towns, because it all has an impact on our future, and the country left for our children. Exposing the truth is his ultimate goal, mixed with wit where it's appropriate, and feels that journalism shouldn't be censored. Join him & let's spread the good word!