Wealthy Cruz and Bush Donors Dump Millions Into Hillary Clinton’s Campaign

Gateway Pundit ^ | 5/9/2016 | Jim Hoft

[GilGil]

Renaissance Technologies, a hedge fund founded by billionaire James Simons, donated over $13 million to Sen. Ted Cruz’s failed presidential campaign. For a guy who’s supposed to be pretty smart with his money, the ROI on that one has got to sting. Nevertheless, now that Mr. Cruz is out of the race, Mr. Simons has begun pouring millions of dollars into Hillary Clinton‘s campaign, with Renaissance Technologies donating over $2 million to Ms. Clinton so far this election cycle. Euclidean Capital—also owned by Mr. Simons—has given the Clinton campaign over $7 million in contributions, and such figures are likely to increase as Ms. Clinton slowly transitions her attention from Democratic Primary opponent Bernie Sanders to the presumptive Republican presidential nominee, Donald Trump.

[Roos_Girl]

Ok, you got me, .5 million is fine to donate to democrats as long as it’s Trump’s money, but more than that and/or from anyone else is bad.

YOU don’t seem to want to understand that I think BOTH are unacceptable.

[Lakeshark]

I already said I didn't like it, so kindly stop feigning the outrage. I will say: It's NOT unacceptable when you are in the business of building things in major cities. That's a business problem I fortunately never had, and I'm certain you didn't either. It's an unfortunate part of being in business in democrat strongholds, that party being highly corrupted in the major cities.

I do see you didn't deal with the mathematical differences in ONE primary versus a lifetime. He's been in business over forty years btw.......forty primaries, forty general elections.

Good evening ma'am, I've said all that needs to be said, and as I said, you seem to have a bigger problem with this than you should. Kindly do the math, understand the business he was in, then spread it over the forty years, it's all I ask that you do to understand there really is a difference..

[Roos_Girl]

Like I said, you got me, it’s fine to donate any amount of money to the dems if it’s for Trump’s business over a number of many years, but not okay to donate more than that in just one year to the republicans and then switch sides. Think it’s worth building a bigger business by paying someone off? I don’t.

I have done quite a bit of permitting through Orange County, Orlando, DEP, the local water management districts and various other locales. All those entities are a pain in the rear to permit through. It shouldn’t be as difficult as it is. It shouldn’t be easier for one person because they’ve paid someone off to make it easier. But, it happens all the time. The more common thing here is approval of housing projects on roads that don’t have the capacity for the excess traffic without making the builder expand the road; city/county gets the tax income, builder makes money, it’s a win win.

I would love to know who else the guy has contributed to.

[x]

The Simons guy is NUTZ.

Simons didn't give money to Ted Cruz, so far as I know. He's always been a Democrat. It was one of his colleagues, the present Co-CEO who gave to Cruz.

The company's been having trouble with taxes, so the bosses there are making extra-large donations to both parties.

But no, Simons and Robert Mercer, the Cruz donor, know that Hillary and Ted aren't the same, and neither donor is swinging from party to party.

[Carriage Hill]

For $13m in ‘donations’ just to Cruz, those must be some SERIOUS tax problems they’re trying to avoid.

[Roos_Girl]

Ping to 184. Another explanation for what the real story is. People jumping to conclusions is so much more fun!

[jch10]

It is the principle of the act......buying influence.

[Roos_Girl]

Aren’t they both buying influence?

[Roos_Girl]

So, as you dig more into the story, as x has done, you find that it’s not exactly correct. James Simons (net worth estimated around $15.5 billion) is the founder of Rennaisance Technologies, he is a long time democrat donor. He was the CEO but semi-retired in 2009 and retained a board chair. Robert Mercer is the current co- CEO with Peter Brown. Robert Mercer is a long time republican donor. So the company, led by a republican donor, is making large donations to Cruz. Simons is making large donations to Hillary. And is reported in this article in a way that leads you to believe that once Cruz dropped out that the person who was making large donations to Cruz is now making large donations to Hillary.

[marstegreg]

Do you think they were just hedging their bets? It seems lot of them do.

[Roos_Girl]

I won’t pretend to understand how multi-billion dollar companies are run. I think what you say is likely. Or, Simons has always given to democrats and does so on his own. Rennaisance has a CEO who is republican and that is where he decided the company money was going.