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S.F. billionaire quietly funds Ron Paul super PAC
San Francisco Chronicle ^ | 2/26/12 | Richard S. Dunham, Carla Marinucci

Posted on 02/26/2012 12:39:38 PM PST by SmithL

Ron Paul revels in the fact that he is the presidential candidate of America's small donors, receiving more contributions under $200 than any other Republican seeking the White House in 2012.

But, like every other GOP presidential contender, he also has a mega-millionaire "sugar daddy" helping to fund a super PAC that is promoting Paul's candidacy.

Yet while Newt Gingrich underwriter Sheldon Adelson and Rick Santorum super-supporter Foster Friess have shared the campaign stage - and the national political spotlight - with their candidates, Paul's benefactor, San Francisco entrepreneur Peter Thiel, has never met the Texas congressman he's aiding.

Who is this mystery man who has donated $2.6 million to Endorse Liberty, the pro-Paul super PAC that has produced several viral videos and sponsored sharp attack ads against Santorum, Gingrich and Texas Gov. Rick Perry?

Thiel, 44, is a low-profile libertarian with a background as quirky as the candidate he supports.

Born in Germany, he's a self-made billionaire who became a chess master as a child, majored in philosophy at Stanford University, and founded the conservative-libertarian Stanford Review to "present alternate views" on a campus he felt was dominated by liberals.

Co-founded PayPal

He's a lawyer who co-founded PayPal, invested early in Facebook (he was portrayed by actor Wallace Langham in the Academy Award-winning "The Social Network"), dabbled in Hollywood (as executive producer of the libertarian satire "Thank You for Smoking"), ran a venture capital firm that saw the potential in startups such as LinkedIn and Yelp, and now serves as president of a global hedge fund, Clarion Capital.

He is a conservative Christian, a strong supporter of unfettered capitalism, an aggressive critic of "political correctness" and a generous donor to Republican candidates, including Paul, his son Kentucky Sen. Rand Paul, and California Republican Reps. Dan Lungren, Dana Rohrabacher and Ed Royce.

(Excerpt) Read more at sfgate.com ...


TOPICS: Government; Politics/Elections; US: California; US: Georgia; US: Minnesota; US: Pennsylvania; US: Texas
KEYWORDS: 2012election; apaulling; apaulogia; apaulogist; billionaires; ca2012; clarioncapital; donors; election2012; georgia; homosexual; michelebachmann; minnesota; newtgingrich; paulbearers; pennsylvania; peterthiel; rickperry; ricksantorum; ronpaul; ronpaultruthfile; sanfranciscovalues; superpac; texas; thiel
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1 posted on 02/26/2012 12:39:42 PM PST by SmithL
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To: SmithL

Heck, I wish he would run instead of Paul.


2 posted on 02/26/2012 12:41:06 PM PST by C. Edmund Wright
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To: C. Edmund Wright

I thought the same thing.


3 posted on 02/26/2012 12:49:46 PM PST by SmithL (If you reward certain behavior, don't be surprised when you see more of that behavior)
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To: C. Edmund Wright

‘born in Germany”


4 posted on 02/26/2012 12:50:22 PM PST by Aria ( "If we ever forget that we're one nation under God, then we will be a nation gone under.")
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To: SmithL

I wonder what Paul supporters think about his sugar daddy being a Bilderberger...


5 posted on 02/26/2012 12:55:35 PM PST by jjotto ("Ya could look it up!")
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To: Aria

Oh, ok - born in Germany.

Quite a story though. Quite an interesting mix of interests and beliefs and talents.


6 posted on 02/26/2012 12:56:44 PM PST by C. Edmund Wright
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To: SmithL; All

Uncle Nutjob has no path whatsoever.

http://www.conservativestats.com/p/mapping.html

Several updates to our State by State polling Map


7 posted on 02/26/2012 1:10:21 PM PST by CainConservative (Santorum/Huck 2012 w/ Newt, Cain, Palin, Bach, Parker, Watts, Duncan, & Petraeus in the Cabinet)
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To: SmithL

Huh?


8 posted on 02/26/2012 1:29:29 PM PST by svcw (Only difference between Romney & BH is one thinks he will be god & other one thinks he already is.)
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To: SmithL

The more they all get funding, the more the chance for a brokered convention, opening the way for Sarah to step in.


9 posted on 02/26/2012 2:00:31 PM PST by Rennes Templar
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To: jjotto

It’s TIME for a change, a 180 degree turn around. Ron Paul has not been drinking the Kool Aid. He gets my support.


10 posted on 02/26/2012 2:12:51 PM PST by rovenstinez
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To: Rennes Templar

A former avid zero supporter I know now calls BO a douchebag but says he’s better than the other douchebags.

Wish we had a dynamite candidate! For me that would be Sarah...I can dream at least.


11 posted on 02/26/2012 2:22:57 PM PST by Aria ( "If we ever forget that we're one nation under God, then we will be a nation gone under.")
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To: Aria

So? It’s not like he can’t get an Hawaiian birth certificate.


12 posted on 02/26/2012 2:38:44 PM PST by SmithL (If you reward certain behavior, don't be surprised when you see more of that behavior)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks SmithL.


13 posted on 02/26/2012 3:35:52 PM PST by SunkenCiv (FReep this FReepathon!)
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To: SmithL

Not many know that PayPal supports planned parenthood. Does Ron Paul too?


14 posted on 02/26/2012 3:46:20 PM PST by Salvation ("With God all things are possible." Matthew 19:26)
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To: SmithL
More Soros money?

Ron Paul is dangerous.

Ron Paul, Soros and Defense

http://www.youtube.com/watch?v=K4q1vYx1V3g&feature=related

Before everyone gets their panties in a wad. Obama is already starting to make the moves to destroy our military.
Ron Paul will just drive the knife into their backs.
I thought it was clever how the Obama military haters are going to cut Benefits for veterans and wounded soldiers.
Wonder how far enlistment will drop on that one.

 

One of Ron Pauls best friends is George Soros..

http://www.orangepower.com/threads/george-soros-evil.95549/


15 posted on 02/26/2012 3:47:06 PM PST by Salvation ("With God all things are possible." Matthew 19:26)
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To: Salvation
Wonder how far enlistment will drop on that one.

Won't be a problem at all. In the Baraqqi Depression, military service is one of the few decent jobs available. And with the planned cutbacks in force level, it will make the openings even more desirable.

16 posted on 02/26/2012 3:52:47 PM PST by nascarnation (DEFEAT BARAQ 2012 DEPORT BARAQ 2013)
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To: rovenstinez

I watched him “live” on C-SPAN tonight...I’m not quite there, but I am looking and listening...


17 posted on 02/26/2012 4:00:16 PM PST by krunkygirl (force multiplier in effect...)
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To: rovenstinez; krunkygirl

You can’t possibly be a conservative and be a libertarian at the same time. Libertarians like Ron Paul, Andrew Napolitano, Gary Johnson and John Stossel are leftists in every way except they believe in an anarchist’s approach to government. They believe in open borders, legalized drugs, legalized prostitution, dismantling our military, the rights of states to secede from the union, etc. The libertarian agenda is a radical agenda that would absolutely destroy this country. It would be wrong to dismiss Ron Paul as a nut. He’s a clever opportunist, building up a cultlike following for his own personal profit, but the ideology he is pushing is a poisonous, ignorant and dangerous one.

Newt Gingrich is the only guy in this race who is for true reform based on common sense and the constitution and is willing to challenge the establishment to get it done.


18 posted on 02/26/2012 4:07:36 PM PST by JediJones (Watch "Gingrich to Michigan: Change or Die" on YouTube. Best Speech Ever!)
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To: rovenstinez
Why? He has done nothing in congress, he is antiSemtic, racist, blame America first for everything, terrorist apologist, surrender advocate.
What about him is appealing especially now that he made an alliance with Romney.
19 posted on 02/26/2012 4:08:57 PM PST by svcw (Only difference between Romney & BH is one thinks he will be god & other one thinks he already is.)
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To: Salvation
Not many know that PayPal supports planned parenthood. Does Ron Paul too?

Cut and Run does demand underage girls be allowed to cross state lines in order to kill their babies. I guess he supports them. If it is a liberal cause the surrender monkey more than likely supports it.
20 posted on 02/26/2012 4:09:34 PM PST by John D
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