Massive dark money windfall: New conservative group got $1.6 billion from single donor

[BadGimp]

Source: CNN

(CNN)A new group led by a prominent conservative lawyer has received $1.6 billion from one donor -- the largest single contribution to a politically focused nonprofit that's ever been made public, and a fortune that could be used to fuel right-wing interests.

The nonprofit, Marble Freedom Trust, received the contribution in the form of stock and then funneled more than $200 million to other conservative organizations last year, a tax form CNN obtained from the IRS shows.

Marble Freedom is led by Leonard Leo, the co-chairman of the conservative Federalist Society, who advised former President Donald Trump on his Supreme Court picks and runs a sprawling network of other right-wing nonprofits that don't disclose their donors, which are often referred to as dark money groups.

Read more: https://www.cnn.com/2022/08/22/politics/dark-money-donation-conservative-group-invs/index.html

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How is this a good thing for Democracy?

Personally, I am stunned, and that rarely happens.

[ck4829]

1. A billionaire saw Republicans voting against regulating the price of insulin and said "Coooool"

That's what it is, folks.

[riversedge]

2. My jaw dropped. Stunned. This is not good at all.

[SharonAnn]

17. Funny that they mention Leonard Leo but don't mention his leadership and ties to Opus Dei,

[RAB910]

3. the guy is 90, imagine being so filled with hate for America and people that you would fuck them all

before shuffling off his mortal coil

[NEOBuckeye]

4. Fuck Billionaires

Just work that much harder and make his money meaningless.

[PortTack]

5. Money isn't everything in an election, if it were we'd be talking to senator Amy McGrath from KY

[Bayard]

9. This

Especially when the opposition has no morals.

[Marthe48]

6. Standing at the gates of Hell

Glad he's 90. Asshole.

[Traildogbob]

7. Come on

George Soros. Keep up. Do I hear a $1.7 billion, going once, going twice…….SOLD, to the billionaire with the most hate for democracy. And one looking for the largest eye of a needle ever made. Guess they can buy one.

[KPN]

8. Money is speech.

[rockfordfile]

10. Single donor? Name?

[Bengus81]

12. It's in the article........

[eggplant]

11. I'd settle for naming the stock.

[Bengus81]

13. I'll pass on buying Tripp Lite products from now on........

Fuck em.........

[Zeitghost]

16. Why?

Is there something the Irish company that bought Tripp-Lite is doing?

[Bengus81]

21. Irish?? Bullshit,only "Irish" as a tax haven. And there's a lot more

Racial harassment

In 1995, Eaton Corp had to pay $1.25M in restitution to a former employee who had been subject to racial harassment. Incidents included food being thrown on his desk, food being thrown through the roof of his car, use of the N-word, and the presence of neo-nazi flyers at Eaton Corp.[27] The employee developed psychological problems and slipped into homelessness shortly after being fired.

In 2020, an employee sued Eaton Corp for retaliation and facilitating a climate of racial harassment. After a profane outburst from a fellow worker, the plaintiff was assigned to work and train under a supervisor who abused him psychologically. The supervisor made frequent use of the N-word, made reference to slavery and lynching, and claimed his job was to get rid of black workers.[28] The employee informed management of his hostile work environment, but management responded by disciplining the plaintiff himself.
Long term benefits

Back when Eaton Corp was struggling with bankruptcy, various employees on long term benefits suddenly found themselves terminated.[29] Eaton had failed to insure the plan that the employees had nonetheless paid for. This led to numerous suits against Eaton.[30][31][29]
Tax avoidance

In 2012, the acquisition of Cooper Industries made it possible for Eaton Corp to become an Irish company, which would sharply lower its corporate tax rate.[32] The move was later denounced by both President Obama and President Donald Trump.[33]

[yaesu]

14. Bet the farm it was the Saudi Royal Family. nt

[Zeitghost]

15. I'll take that bet...

n/t

[Polybius]

22. Now you have no farm

[kimbutgar]

18. So this billionaire is basically saying I can buy this party to do my bidding

It should be outlawed and he should be taxed up the ying yang!

[Bear Creek]

19. Near the bottom

The message is Soros and the Democrats do this too.

[Novara]

20. fuck Citizens United and the SCOTUS for making this possible

[The Grand Illuminist]

23. Fear should be towards the billionaires we don't know.

nt

[leftyladyfrommo]

24. I think I read just recently that Koch is throwing his

support to Liz Cheney.

These guys have too much power.