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Hedge-Fund Magnate Robert Mercer Emerges as a Generous Backer of Cruz
The New York Times ^ | April 10, 2015 | Eric Lichtblau and Alexandra Stevenson

Posted on 04/10/2015 7:55:28 PM PDT by 2ndDivisionVet

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.”

Mr. Mercer does not have the name recognition of fellow Republican financiers like the Koch brothers or Sheldon Adelson, but he has spent more than $15 million since 2012 in support of conservative political campaigns and causes, donating to a number of candidates who had never even met him. Both moderate Republican candidates and Democrats in states like Iowa, New York and Oregon have found themselves in the cross hairs of expensive attack ads that he financed....

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


TOPICS: Business/Economy; Constitution/Conservatism; Philosophy; Politics/Elections
KEYWORDS: climatechange; donate; taxes; tedcruz
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Where are the similar stories about Soros and that crowd?
1 posted on 04/10/2015 7:55:28 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

I’m expecting a long series of mainstream media reports telling the world that everything bad which has happened over the past 100 years is the fault of Robert Mercer.


2 posted on 04/10/2015 8:02:31 PM PDT by ClearCase_guy ("Victim" -- some people eagerly take on the label because of the many advantages that come with it.)
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To: 2ndDivisionVet

Very interesting. I’m sure the next article will focus on the ultra wealthy backers of Hillary. I mean, we are fair, aren’t we?


3 posted on 04/10/2015 8:05:13 PM PDT by JimSEA
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To: 2ndDivisionVet
OK NY Slime, are you going to do hit jobs on the
RAT’s benefactors and contributors? Stupid question, just as Pinch is a stupid fool.
4 posted on 04/10/2015 8:05:27 PM PDT by Fungi
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To: 2ndDivisionVet

Mercer is from New Mexico and learned computers first from his father in the *1950s*! He only rarely does anything in public.


5 posted on 04/10/2015 8:06:33 PM PDT by jjotto ("Ya could look it up!")
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To: 2ndDivisionVet

Nice to see a pattern forming with major business folks showing they are fed up with an out-of-control Washington and radical communists screwing up America.

Thank You Mercer.


6 posted on 04/10/2015 8:07:51 PM PDT by EagleUSA (Liberalism removes the significance of everything.)
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To: jjotto

But all his tax returns will soon be inadvertently leaked by a computer glitch and he will be the subject of repeated line-by-line tax audits.


7 posted on 04/10/2015 8:09:06 PM PDT by 17th Miss Regt
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To: 17th Miss Regt

Nail-on-head


8 posted on 04/10/2015 8:10:29 PM PDT by doc1019 (Blue lives matter)
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To: 17th Miss Regt

Harry Reid or Lois Lerner?


9 posted on 04/10/2015 8:10:45 PM PDT by 2ndDivisionVet (You can help: https://www.tedcruz.org/donate/)
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To: 2ndDivisionVet

I’m just glad our Government isn’t for sale.


10 posted on 04/10/2015 8:10:55 PM PDT by Wolfie
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To: EagleUSA

Between a couple Billionaire supporters and tons of grassroots supporters
Cruz should have all the money he needs to be competitive.

I like that.


11 posted on 04/10/2015 8:11:22 PM PDT by tennmountainman ("Prophet Mountainman" Predicter Of All Things RINO...for a small pittance.)
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To: Wolfie

That’s the name of the game.....unfortunately.


12 posted on 04/10/2015 8:17:01 PM PDT by RushIsMyTeddyBear (The White House is now known as "Casa Blanca".)
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To: 2ndDivisionVet

Foster Friess spoke of Ted Cruz in very glowing terms. He didn’t sound like he was ready to throw in just yet but Cruz would be a definite possibility.


13 posted on 04/10/2015 8:17:33 PM PDT by cripplecreek ("For by wise guidance you can wage your war")
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To: 2ndDivisionVet

Thank you, Mr. Mercer.

May God Bless you and your loved ones.


14 posted on 04/10/2015 8:18:58 PM PDT by ConservativeMind ("Humane" = "Don't pen up pets or eat meat, but allow infanticide, abortion, and euthanasia.")
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To: 2ndDivisionVet

That’s big -— now he just needs Uncle Shelly.


15 posted on 04/10/2015 8:22:33 PM PDT by VinL (It is better to suffer every wrong, than to consent to wrong.)
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To: 2ndDivisionVet

If this guy’s middle initial is D. then I am getting a large roll of aluminum foil, a really big roll.


16 posted on 04/10/2015 8:22:55 PM PDT by biff (Et Tu Boeh-ner)
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To: 2ndDivisionVet

Thank you Mr. Mercer!


17 posted on 04/10/2015 8:23:30 PM PDT by txhurl
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To: 2ndDivisionVet
Leftist Option #1 -- Ted Cruz should not be taken seriously; he lacks the ability raise the money needed for a real campaign.

Leftist Option #2 -- Ted Cruz should not be taken seriously; he is bought and paid for by financial backers.

Lefists Option #3 -- There is no Leftist Option #3.

18 posted on 04/10/2015 8:25:24 PM PDT by ClearCase_guy ("Victim" -- some people eagerly take on the label because of the many advantages that come with it.)
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To: Fungi; jjotto; SoConPubbie

GOP fundraising shows ‘depths of their anger’
http://www.msnbc.com/the-last-word/watch/gop-fundraising-shows-depths-of-their-anger-426269251538


19 posted on 04/10/2015 8:33:46 PM PDT by 2ndDivisionVet (You can help: https://www.tedcruz.org/donate/)
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To: JimSEA

It’s not fair to say that the press won’t address Hillary’s rich backers- the reporters don’t speak Mandarin, so it’s hard to do research. /s


20 posted on 04/10/2015 8:36:51 PM PDT by pierrem15 ("Massacrez-les, car le seigneur connait les siens")
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