The newly uncovered paper trail behind an ad for a popular radical Democrat leads somewhere surprising: his top three backers are all Republican megadonors.
Former Democrat presidential candidate Andrew Yang, famous for his advocacy for universal basic income, is now running for mayor of New York City. His new ad has a surprising disclaimer — the top three contributors are all Republican megadonors: Jeff Yass, Kenneth Griffin, and Daniel Loeb.
Quite the paid-for disclaimer on the first Andrew Yang super PAC. Three Republican megadonors:
Daniel Loeb pic.twitter.com/SQX4IU2NjT
— Shane Goldmacher (@ShaneGoldmacher) May 21, 2021
Somehow, these “Republicans” are supporting Yang. Jeff Yass, a libertarian billionaire who has been a long time supporter of Senator Rand Paul, claims that the socialist-leaning Democrat candidate “has a lot of libertarian leanings.”
Does this sound like something a libertarian would propose? “We’re not doing enough as a city to help our small businesses re-open. We need to establish a People’s Bank to channel hundreds of millions into women and minority-owned small businesses — because we know the big banks refuse to,” Yang tweeted.
A city establishing a government-owned bank that will use racial and sexual quotas to determine who they lend to doesn’t sound very libertarian to me.
We're not doing enough as a city to help our small businesses re-open. We need to establish a People's Bank to channel hundreds of millions into women and minority-owned small businesses — because we know the big banks refuse to.https://t.co/xpviiy5lvn pic.twitter.com/1jeuUAOZvh
— Andrew Yang🧢🗽🇺🇸 (@AndrewYang) May 26, 2021
The other two donors, Griffin and Loeb, are hedge fund managers. Griffin has spent millions on electing Republicans at the national level in recent years. Loeb, while supporting mostly GOP candidates, has also donated to radical left-wing New York Governor Andrew Cuomo.
Clearly, these losers aren’t Republicans. They just donate to whoever will give them the most power and leverage, and their paper trail proves it. Supporting Yang means supporting universal basic income, which will destroy the value of the dollar. They likely have most of their money tied up in physical assets, and would benefit from the destruction of the economy. What other explanation is there for supposed “Republicans” supporting a far-left candidate like Yang?
Though he would definitely be a better leader than the current mayor, Bill de Blasio, Yang is just going to increase spending in New York City at a time when it is already pushing the wealthy out with its high taxes. He will just hasten the demise of what used to be one of the greatest cities in the world, and these GOP megadonors are helping him do it.