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Demeter

(85,373 posts)
6. Hedge-Fund Magnate Robert Mercer Emerges as a Generous Backer of Cruz
Fri Apr 17, 2015, 07:27 AM
Apr 2015

ONE GOT A SUGAR DADDY, THE OTHER IS SHOPPING FOR A PUPPET

http://www.nytimes.com/2015/04/11/us/politics/hedge-fund-magnaterobert-mercer-emerges-as-a-generous-backer-of-ted-cruz.html

The two men share a passion for unbridled markets, concerns about the Internal Revenue Service and a skeptical view of climate change.

Now the two — Senator Ted Cruz, Republican of Texas, and Robert Mercer, a Wall Street hedge-fund magnate — share another bond that could link them through November 2016: Both want to see Mr. Cruz elected president.

Mr. Mercer, a reclusive Long Islander who started at I.B.M. and made his fortune using computer patterns to outsmart the stock market, emerged this week as a key early bankroller of Mr. Cruz’s surprisingly fast campaign start. He is believed to be the main donor behind a network of four “super PACs” supporting Mr. Cruz that reported raising $31 million just a few weeks into his campaign.

The emergence of rich and relatively low-profile donors like Mr. Mercer could single-handedly jump-start a presidential campaign, said Trevor Potter, a campaign finance lawyer who served as a Republican member of the Federal Election Commission.

“It just takes a random billionaire to change a race and maybe change the country,” Mr. Potter said. “That’s what’s so radically different now.”


MORE GLOATING AT LINK. ASK YOURSELF---IS HILLARY ANY BETTER? AND THEN, DESPAIR!

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