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Keyword: billionaires

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  • Will GOP billionaire Sheldon Adelson bankroll Mike Huckabee in 2016?

    10/26/2014 9:32:35 PM PDT · by 2ndDivisionVet · 18 replies
    Salon ^ | October 23, 2014 | Luke Brinker
    The casino magnate and big Gingrich booster in 2012 may have his eyes on a new candidate in 2016. Billionaire casino magnate Sheldon Adelson and his wife Miriam spent an astonishing $98 million trying to elect conservative candidates during the 2012 election cycle. The Adelsons threw more than a fifth of that total at Winning our Future, a super PAC supporting GOP presidential hopeful Newt Gingrich. We all know how Gingrich’s primary campaign against Mitt Romney turned out, but the Adelsons’ contributions kept Gingrich’s campaign afloat far longer than the former House Speaker would otherwise have survived. With potential candidates...
  • Nelson Bunker Hunt, R.I.P.: The Myth of the Hunt Brothers' "Scheme to Corner the Silver Market"

    10/23/2014 4:49:44 PM PDT · by VitacoreVision · 8 replies
    The New American ^ | 23 October 2014 | William F. Jasper
    Contrary to popular myth, Bunker Hunt didn't try to corner the silver market; he and his brother were the main victims in one of history's biggest swindles. Nelson Bunker Hunt, R.I.P.: The Myth of the Hunt Brothers' "Scheme to Corner the Silver Market" 23 October 2014 “Nelson Bunker Hunt, oil fortune heir whose bid to corner the silver market led to ruin, dies.” So ran the headline of the Associated Press report, as it appeared in the U.S. News & World Report online edition for October 22. Similar headlines accompanied many other obituaries of the famous Texas investor/entrepreneur, and if...
  • Where Do the World’s Wealthiest People Live?

    10/15/2014 7:48:07 AM PDT · by SeekAndFind · 15 replies
    Wall Street Journal ^ | 10/15/2014 | By NICK TIMIRAOS
    When it comes to producing millionaires, the U.S. still leads the pack. Between July 2013 and July 2014, the ranks of Americans with a net worth exceeding $1 million grew by 1.63 million, or more than one-third of the 3.84 million adults worldwide who saw their net worth exceed $1 million over that span, according to a new report on global wealth from Credit Suisse CSGN.VX -3.56%. Overall, the U.S. was home to around 14.2 million millionaires, or more than 40% of those in the world. After the U.S., the United Kingdom, France and Germany added more millionaires than...
  • satire: Obama’s Attempt to Cast GOP as “Party of Billionaires” Muddled by Fund-Raising Event

    10/12/2014 11:38:39 AM PDT · by John Semmens · 2 replies
    Semi-News/Semi-Satire ^ | 10 Oct 2014 | John Semmens
    President Obama’s efforts to try to differentiate Democrats from “billionaire Republicans” was undercut by his own participation in a posh fund-raiser sponsored by billionaire Rich Richman. Though the entry fee for the event ranged from $1,000 to $32,000, the President insisted that “it was an opportunity for the middle class to have a say in the electoral process” contending that “the $1,000 minimum fee was less than half the annual $2500 savings in health insurance premiums that each middle class family has experienced under the Affordable Care Act.” As for billionaire host Rich Richman, the President asserted that “there are...
  • Obama slams the rich at the home of a guy named Rich Richman

    10/09/2014 8:05:33 AM PDT · by SeekAndFind · 36 replies
    New York Times ^ | 10/09/2014 | Richard Johnson
    President Obama blasted Republicans as the party of “billionaires” on Tuesday while mingling with high-rollers at the $26 million estate of Rich Richman — yes, that’s his real name — in Greenwich, Connectiut. Richman, who built his $10 billion company developing rental housing, lives in the Conyers Farm area, where the minimum lot size is 10 acres. Twenty-five donors paid $32,400 each to get their photo taken with the president. Others paid $10,000 for dinner. While Obama was schmoozing — and the press pool was playing billiards in the basement — he was also soliciting donations for House Democrats in...
  • Billionaires are hoarding piles of cash

    09/22/2014 4:15:05 PM PDT · by SkyPilot · 87 replies
    CNBC ^ | 22 Sep 14 | Robert Frank
    Billionaires are holding mountains of cash, offering the latest sign that the ultra-wealthy are nervous about putting more money into today's markets. According to the new Billionaire Census from Wealth-X and UBS, the world's billionaires are holding an average of $600 million in cash each—greater than the gross domestic product of Dominica. That marks a jump of $60 million from a year ago and translates into billionaires' holding an average of 19 percent of their net worth in cash. "This increased liquidity signals that many billionaires are keeping their money on the sidelines and waiting for the optimal moment to...
  • These Billionaires Are All Quietly Preparing For The Stock Market To Plunge

    09/04/2014 7:47:56 AM PDT · by SeekAndFind · 26 replies
    Business Insider ^ | 09/04/2014 | Tyler Durden
    "The stock market is at an all-time, but economic activity is not at an all-time," explains billionaire investor Sam Zell to CNBC on Thursday morning, adding that, "every company that's missed has missed on the revenue side, which is a reflection that there's a demand issue; and when you got a demand issue it's hard to imagine the stock market at an all-time high." Zell said he was being very cautious adding to stocks and cutting some positions because "I don't remember any time in my career where there have been as many wildcards floating out there that have the...
  • The Anti-Gun Billionaires

    09/02/2014 8:31:37 AM PDT · by rktman · 21 replies
    nationalreview.com ^ | 9/2/2014 | Frank Miniter
    Those on the left say they abhor big money’s corrupting influence in politics — until a leftist billionaire starts trying to sway public opinion. That’s okay with them, because, you know, old George Soros really isn’t creepy at all — he’s just a grandfatherly figure who gives like Santa Claus. And the same goes for Warren Buffett and Michael Bloomberg — their billions are okay, too. All Bloomberg wants is for the rest of us to give up tobacco, big gulps, and guns. Now Bill Gates has joined on the great lefty-billionaire good-guy list. Gates is donating $1 million to...
  • Soros Clones: 5 Liberal Mega-Donors Nearly as Dangerous as George Soros

    08/28/2014 6:06:29 PM PDT · by mgist · 17 replies
    newsbusters ^ | 8/26/14 | Ciandella
    As the 2014 midterm elections approached, the media were quick to criticize conservative donors like the Koch brothers for backing issues important to them. But journalists largely ignored the incredible financial power being used to promote the liberal agenda. Five top donors – Michael Bloomberg, Warren Buffett, Pierre Omidyar, Tom Steyer and George Soros’s own son, Jonathan – are major funders of the left. Together, they have contributed at least $2.7 billion since 2000 to groups pushing abortion, gun control, climate change alarmism and liberal candidates. That’s not how major media depicted them. Broadcast networks applauded when billionaire hedge fund...
  • Pro-Immigration reform Billionaires silent on immigration after big push

    08/21/2014 1:43:23 PM PDT · by SeekAndFind · 3 replies
    Politoc ^ | 08/21/2014 | By ANNA PALMER
    Facebook founder Mark Zuckerberg, billionaire Michael Bloomberg and Citigroup exec Carlos Gutierrez gave immigration reform firepower last year when they lent their money or names to the cause. But roughly two months before Election Day, the three groups the business titans helped launch are all but silent on the campaign trail. None of the three has purchased airtime for ads on immigration reform this fall. Their virtual absence comes as Senate Republican candidates in battleground states are launching attack ads against Democrats accusing them of supporting “amnesty,” leaving pro-immigration reform candidates even more vulnerable and immigration reform even less likely...
  • Soros Has Donated More Than $100M To 'Immigrant Rights'

    07/27/2014 9:14:59 AM PDT · by MeshugeMikey · 66 replies
    breitbart ^ | 26 Oct 2013 | BREITBART NEWS
    Left-wing financier George Soros has spent more than $100 million funding groups that in some way support "immigrant rights" since 1997, with many advocating for comprehensive immigration reform legislation. He has donated over $3 million to the National Immigration Forum, which has fiercely advocated for comprehensive immigration reform legislation and legalization of the nation's illegal immigrants.
  • Meet the Hamas billionaires

    07/24/2014 11:54:03 AM PDT · by SJackson · 9 replies
    Globes ^ | 7-24-14
    "Among the Palestinians, they tell you straight out, 'I want to get rich.'" In recent days, various media have been publishing photographs of Hamas leaders in luxurious homes with fitness equipment, at luxury hotels around the world, etc. On the other hand, distressing pictures are being shown of the suffering of the Palestinian people in their rundown houses, whom Hamas says it represents. One of the big mysteries is how much the Hamas leaders, the Arab world's new tycoons, are worth, and how they, born and raised in refugee camps, who raise aloft the cause of their people's welfare, have...
  • The World’s Second-Richest Man Thinks You Should Work Only 3 Days a Week

    07/19/2014 6:42:07 AM PDT · by Citizen Zed · 34 replies
    Time ^ | 7-19-2014 | Sam Frizell
    “With three work days a week, we would have more time to relax; for quality of life,” Slim said. “Having four days [off] would be very important to generate new entertainment activities and other ways of being occupied.” But there’s a catch: in exchange for working fewer days a week, we should work for more of our lives. Instead of retiring at 50 or 60, workers should work until the age of 70 or 75, the 74-year-old Slim said.
  • Richard Mellon Scaife, Influential U.S. Conservative, Dies at 82

    07/04/2014 9:54:14 AM PDT · by EveningStar · 23 replies
    The New York Times ^ | July 4, 2014 | Robert D. McFadden
    Richard Mellon Scaife, the Pittsburgh philanthropist and reclusive heir to the Mellon banking fortune, whose support for right-wing causes laid the foundations for America’s modern conservative movement and fueled the 1998 impeachment of President Bill Clinton, died on Friday. He was 82. Mr. Scaife’s death was reported by the The Pittsburgh Tribune-Review, a newspaper he owned. He had announced recently that he had cancer. Decades before David and Charles Koch bankrolled right-wing causes, Mr. Scaife and Joseph Coors, the beer magnate, were the leading financiers of the conservative crusade of the 1970s and ’80s, seeking to reverse the liberal traditions...
  • Billionaire conservative activist Richard Mellon Scaife dies

    07/04/2014 9:55:17 AM PDT · by Borges · 18 replies
    CNN ^ | 7/4/2014 | Jeremy Diamond
    Richard Mellon Scaife, the billionaire publisher and banking heir who financed conservative causes that included attempts to discredit Bill Clinton while he was president, has died. He was 82. Scaife's death on Friday followed his disclosure less than two months ago that he had terminal cancer, according to the Pittsburgh Tribune-Review, one of his newspapers. He was heir to the banking, oil and aluminum fortunes of the Mellon family and used his estimated $1.4 billion wealth to underwrite conservative crusades and groups that included the Heritage Foundation, the Cato Institute and the American Enterprise Institute.
  • Internet billionaire Nick Hanauer warns of coming revolution

    07/01/2014 11:33:25 PM PDT · by Nextrush · 45 replies
    BBC News ^ | 6/30/2014 | BBC
    Nick Hanauer, internet entrepreneur, has a message for his fellow "zillionaires", the revolution is coming. Mr. Hanauer, an early investor in internet retail giant Amazon..... Now, he writes in Politico magazine, he sees a different kind of future, and the outlook for people like him is not a bright one: "If we don't do something to fix the glaring inequities in this economy, the pitchforks are going to come for us. No society can sustain this kind of rising inequality. In fact, there is no example in human history where wealth accumulated like this and the pitchforks didn't eventually come...
  • Billionaire Tells Americans to Prepare For 'Financial Ruin' (Trump)

    07/01/2014 7:05:33 PM PDT · by driftdiver · 97 replies
    Moneynews ^ | June 30, 2014 | Newsmax Wires
    The United States could soon become a large-scale Spain or Greece, teetering on the edge of financial ruin. That’s according to Donald Trump, who painted a very ugly picture of where this country is headed. Trump made the comments during a recent appearance on Fox News’ “On the Record with Greta Van Susteren.” According to Trump, the United States is no longer a rich country. “When you’re not rich, you have to go out and borrow money. We’re borrowing from the Chinese and others. We’re up to $16 trillion in debt.” He goes on to point out that the downgrade...
  • China billionaire to take 250 NYC homeless to lunch

    06/25/2014 6:41:09 AM PDT · by Citizen Zed · 23 replies
    cnbc ^ | 6-25-2014
    It certainly isn't breakfast at Tiffany's, but New York's homeless are getting something pretty darn close. A Chinese recycling billionaire has promised $300 and a high-priced lunch to 250 residents of Manhattan's shelters at the Boathouse restaurant in Central Park, according to NBC New York. As guests lunch on sesame-seed encrusted tuna, beef filet, and berries with creme fraiche, host Chen Guangbiao, will serenade them by singing "We are the World." Guangbiao, 46, says that he is trying to deconstruct the image of wealthy Chinese spending too much on luxuries by having this event.
  • Top 1 percent spreading nearly $60T in assets to heirs, charities

    06/21/2014 10:13:48 PM PDT · by Citizen Zed · 12 replies
    NY Post ^ | 6-22-2014 | John Aidan Byrne
    It’s the greatest migration of wealth ever to hit humanity: The unprecedented flood of money, four times the size of the US gross domestic product, that will be passed along to a younger generation over the next half-century. Fueled by rising asset prices worldwide and entrepreneurship, America’s multimillionaire and billionaire baby boomers have embarked on an unprecedented $59 trillion transfer of their fortunes, according to researchers. The cream of America’s 1 percent have already started spreading their money around like confetti to charities, foundations, trusts — and to their Gen X and millennial heirs.
  • Billionaire Chen Guangbiao invites 1,000 poor Americans to dinner in Central Park

    06/18/2014 9:11:36 AM PDT · by Freelance Warrior · 20 replies
    The South China Morning Post ^ | Wednesday, 18 June, 2014 | Mimi Lau
    Controversial billionaire Chen Guangbiao placed a full-page advertisement in Monday’s New York Times and a half-page advertisement in Wednesday’s Wall Street Journal, inviting 1,000 underprivileged Americans to dine with him. “I want to spread the message in the US that there are good philanthropists in China and not all are crazy spenders on luxury goods”. Chen said he was “teaming up with a famous American charity to host a charity luncheon for 1,000 poor and destitute Americans, who each will receive 300 dollars”. The underprivileged will be invited to the Boat House restaurant in New York’s Central Park, where Chen...
  • Donald Sterling’s LA Clippers sold for $2 billion to former Microsoft CEO Steve Ballmer: Report

    05/29/2014 5:12:11 PM PDT · by SeekAndFind · 82 replies
    That’s $2 billion with an uppercase B! Former Microsoft CEO Steve Ballmer has apparently won the bidding war Thursday for the Los Angeles Clippers with a staggering $2 billion offer for the NBA franchise, according to the L.A. Times. The frenzied battle to get the team from Sterling drove the franchise’s price sky high for a team that Forbes estimated was worth at $575 million in January of 2014.
  • Poroshenko vows to retain east Ukraine

    05/26/2014 11:16:58 AM PDT · by Tailgunner Joe · 56 replies
    AFP ^ | May 27, 2014
    Billionaire oligarch Petro Poroshenko says he would not let rebel-held east Ukraine become another Somalia as he prepared to take over the presidency with a clear signal from Moscow that it is ready to work with his government. Poroshenko has moved swiftly to stamp his authority as Ukraine's new leader after claiming victory in Sunday's presidential election, with partial results showing he trounced his rivals in the first round. He said Ukraine would press on with an offensive to crush the pro-Russian separatists waging an insurgency in the eastern industrial belt, despite Moscow warning it would be a "colossal mistake"....
  • Has Mark Zuckerberg's $100 million gift to Newark public schools gone down the drain?

    05/26/2014 11:05:43 AM PDT · by SeekAndFind · 28 replies
    Daily Mail ^ | 05/26/2014
    * The Facebook founder pledged $100million to Newark schools in 2010 to bring sweeping educational reforms * However, most of the money has been spent on labor contracts and consulting fees * The money has had little impact on student performance so far In his first major show of philanthropy, Facebook founder Mark Zuckerberg made a splash by announcing his plan to give $100 million to help turn around Newark, New Jersey's public schools in an appearance on Oprah in 2010. But nearly four years later, Zuckerberg's money has run out, having been spent mostly on labor contracts and consulting...
  • Iran Hangs Crooked Banker and Billionaire

    05/25/2014 2:05:28 PM PDT · by apoliticalone · 18 replies
    AP - Fox News ^ | 05-24-2014 | AP
    TEHRAN, Iran – A billionaire businessman at the heart of a $2.6 billion state bank scam, the largest fraud case since the country's 1979 Islamic Revolution, was executed Saturday, state television reported. Authorities put Mahafarid Amir Khosravi, also known as Amir Mansour Aria, to death at Evin prison, just north of the capital, Tehran, the station reported. The report said the execution came after Iran's Supreme Court upheld his death sentence. Khosravi's lawyer, Gholam Ali Riahi, was quoted by news website khabaronline.ir as saying that his client was put to death without any notice.
  • Top 5 Contenders for Becoming the World’s First Trillionaire

    05/09/2014 12:30:28 PM PDT · by nickcarraway · 22 replies
    Emirates 24/7 ^ | Friday, May 09, 2014
    When (not if) will we get the world's first trillionaire, and who shall it beThe world will get it first trillionaire in (drum rolls here please…) 25 years. That’s according to economic forecasters (they’re paid to do such things you know) and even as no one – that is, no one person – is even close to being a trillionaire, the widening disparity between the haves and have-nots means that, by 2040, the world is likely to see its first trillionaire (we’re talking US dollars here). #1 Bill Gates The current titleholder of the world’s richest person is obviously in...
  • Green billionaire prepares to attack 'anti-science' Republicans

    05/22/2014 10:32:38 AM PDT · by PaulCruz2016 · 29 replies
    CNN ^ | 05-22-2014 | Peter Hamby
    An environmental advocacy group backed by hedge fund tycoon Tom Steyer is set to unleash a seven-state, $100 million offensive against Republican "science deniers" this year, a no-holds-barred campaign-style push from the green billionaire that could help decide which party controls the Senate and key statehouses come November. The Steyer-backed outside group, NextGen Climate, has billed itself as a progressive, pro-environment counterbalance to the wealthy oil and gas industry -- as well as the primary foil to the pro-business Koch brothers and their well-funded conservative donor network. The outfit, launched last year by the San Francisco billionaire, has already pledged...
  • Find Out Which City Has More Billionaires Than Any Other

    05/18/2014 4:08:47 PM PDT · by nickcarraway · 7 replies
    Emirates 24/7 ^ | Friday, May 16, 2014
    London is home to 72 of Britain’s 104 sterling billionairesLondon has more billionaires than any other city in the world, and Britain has more billionaires per head of population than any other country, new data showed on Saturday. The survey of Britain’s super-rich compiled for the Sunday Times newspaper is likely to prompt debate in a country where many still struggle financially and where food banks are a fact of life, despite economic growth recently returning to levels not seen since the 2008 financial crash.
  • Warren Buffett Gave Enough to Abort All of Chicago (more than 2.5 million lives)

    05/14/2014 10:42:25 AM PDT · by xzins · 44 replies
    CBN ^ | May 14, 2014 | CBNNews.com
    Billionaire investor Warren Buffett is being called "the true face of abortion." The Media Research Center's Culture and Media Institute discovered that Buffett gave roughly $1.2 billion to abortion groups around the world between 2001 and 2012. That's potentially enough money to abort the entire population of Chicago -- or more than two-and-a-half million lives. Among the groups Buffett helped fund are Planned Parenthood, NARAL and the Population Council. The biggest portion, almost $300 million, went to Planned Parenthood. The major media outlets often report on Buffett's "philanthropy," but they've ignored his billion dollar abortion funding. "The liberal media love...
  • Warren Buffett has given $1.2 billion to abortion groups

    05/13/2014 5:52:21 AM PDT · by SoFloFreeper · 36 replies
    Fox News ^ | 5/13/14 | Dan Gainor
    May 13, 2014 marks one year since Philadelphia abortion Dr. Kermit Gosnell was convicted of first-degree murder “in the deaths of three babies who were delivered alive and then killed with scissors at his grimy, ‘house of horrors’ clinic,” according to AP. Gosnell instantly became the face of abortion in in the prolife community. But there’s another, more recognizable face pushing abortion in the U.S. – liberal billionaire Warren Buffett. The so-called “Oracle of Omaha” has donated more than $1.2 billion to abortion organizations from 2001 to 2012.
  • How Self-Made Forbes 400 Billionaires Earned Their Money

    05/07/2014 6:46:15 AM PDT · by Jack Hydrazine · 6 replies
    Forbes ^ | 18SEP2013 | Erin Carlyle
    Every year FORBES crunches the numbers to find out which Americans rank the richest–and each year it gets harder to join the exclusive Forbes 400 list. But you don’t have to inherit a fortune to become a Forbes 400 billionaire. In fact, the majority of our Forbes 400 members–273 of them–scrapped their way onto our list through their own efforts.
  • Read the Confidential Document Left Behind at the Democracy Alliance Meeting

    05/05/2014 10:17:14 AM PDT · by PoloSec · 9 replies
    Washington Free Beacon ^ | May 5 2014 | Washington Free Beacon
    The Democracy Alliance takes pains to ensure that its work disbursing millions of dollars to top left-wing organizations remains secretive and free from public scrutiny. But a document left on the floor of the group’s recent gathering reveals for the first time the names of a number of individuals involved in the effort. It lists new Democracy Alliance “partners,” individuals who every year must pay $30,000 in dues and contribute at least $200,000 to the groups that DA supports. It also reveals names of DA “advisers,” foundation participants, and individuals getting a “sneak peek” at the group’s activities. Among its...
  • Why Do Nearly All the Super Rich Support the Democrats?

    04/28/2014 8:23:32 PM PDT · by Diogenes Sarcastica · 38 replies
    Diogenes Middle Finger ^ | 4/28/2014 | Nick Sorrentino
    by Nick Sorrentino"Much has been made recently of the rich gaming the system for their own benefit. Of a new “guilded age.” Socialist economist Thomas Piketty’s new book has been getting rave reviews from all over the establishment because it makes the case that very powerful people with nearly bottomless bank accounts have gamed the system and that government induced redistribution is in order. And indeed the rich have gamed the system for their benefit, but as Matthew Continetti points out, the game the super rich want to play for the most part is not one of free markets and...
  • Billionaire Tom Steyer: I am absolutely nothing at all like the Koch brothers

    04/23/2014 10:32:00 AM PDT · by SeekAndFind · 21 replies
    Hotair ^ | 04/23/2014 | Erika Johnsen
    Do I have any issues with a Tom Steyer using any of his legitimately earned billions of dollars to donate to political causes, candidates, campaigns, and super PACS in which he believes? Absolutely not. Do I have a problem with Tom Steyer smearing other billionaires for doing so, funding a perniciously targeted misinformation campaign full of flat-out falsehoods against the Keystone XL pipeline, and pretending that he has some sort of imagined moral high ground in this arena? Yes, yes I do. Via Politico: Liberal billionaire Tom Steyer insisted Tuesday that heÂ’s not the leftÂ’s version of the Koch brothers....
  • This Means War: US To Target Putin's Personal $40 Billion Stash

    04/20/2014 3:37:14 PM PDT · by Nachum · 38 replies
    zero hedge ^ | 4/20/14 | tyler durnded
    While the White House has continually threatened further sanctions against Russia for non-de-escalation (even as it un-de-escalates itself), the specifics of the additional sanctions have been sparse. German CEO warnings over blowback from economic sanctions... the "nonsense" of replacing Russian gas with US gas... the Russian warnings of "interdependence" and "boomerangs"... all reduce the West's arsenal of financial sanctions. But, as The Times of London reports, perhaps the US has found a crucial pain point for Putin - a sanctions regime that would target Putin's personal wealth, which includes a reported $40 billion stashed in Swiss bank accounts. As The...
  • The billionaire who wants to harvest the moon

    04/04/2014 2:35:10 AM PDT · by kingattax · 11 replies
    Yahoo/CNBC ^ | April 3, 2014 | Susan Caminiti
    As a child growing up in rural India in the 1960s and 1970s, Naveen Jain would gaze up at the moon and imagine a life beyond his modest surroundings. Today he's still gazing at the moon, but for far different reasons. Jain, 55, is co-founder of Moon Express, a Mountain View, Calif.-based company that's aiming to send the first commercial robotic spacecraft to the moon next year. This serial entrepreneur-he founded Internet companies Infospace and Intelius-believes that the moon holds precious metals and rare minerals that can be brought back to help address Earth's energy, health and resource challenges. Among...
  • Beholden to Billionaires: Harry Reid is a hypocrite when it comes to campaign finance

    04/02/2014 10:52:58 AM PDT · by xzins · 10 replies
    US News.com ^ | April 1, 2014 | Peter Roff
    Senate Majority Leader Harry Reid uses his official position to beat up on people. In private he may be a very nice man. In public he’s a thug and a bully who takes advantage of the way the U.S. Constitution immunizes him for any damage he may do to the reputations of others to attack everyone from those he’s called “shadowy billionaires” to ordinary, run-of-the-mill Americans who now find themselves stuck with health insurance plans they don’t like and with out-of-pocket expenses they cannot afford. It may not be fair to hold Reid accountable for what he has been saying...
  • Billionaire will meet and greet you for $1000

    03/27/2014 12:05:37 PM PDT · by Starman417 · 27 replies
    Flopping Aces ^ | 03-27-14 | DrJohn
    Billionaire Oprah Winfrey is planning a tour to help you with your life. The Oprah Winfrey experience is coming to an arena near you. Starting in September, Winfrey will set out on an eight-city Oprah's The Life You Want Weekend tour. The plan: pack 18,000-seat arenas for a two-day experience featuring a keynote by Winfrey, who will share her personal story and advice on Friday night, and group activities and speakers picked by her on Saturday. Among those signed to participate: Eat Pray Love author Elizabeth Gilbert, pastor Rob Bell, OWN star Iyanla Vanzant and, in certain cities, guru Deepak...
  • Billionaire GOP mega-donor Sheldon Adelson is tired of wasting money on losers

    03/26/2014 1:56:46 AM PDT · by kingattax · 24 replies
    The Week ^ | 3-25-14 | Jon Terbush
    Sheldon Adelson, the billionaire casino magnate and profligate Republican bankroller, would like to spend his fortune on a winning candidate in 2016. That's because Adelson and his wife dumped almost $93 million on the 2012 elections — nearly four times more than any other individual — most of it on losing candidates. And while that sum included $30 million for eventual GOP presidential nominee Mitt Romney, much of it was also wasted propping up Newt Gingrich's shaky primary campaign, and on various losing candidates around the country.
  • Billionaire mogul Sheldon Adelson looks for mainstream Republican who can win in 2016

    03/25/2014 6:45:28 AM PDT · by GIdget2004 · 38 replies
    Washington Post ^ | 03/25/2014 | Matea Gold and Philip Rucker
    Casino magnate Sheldon Adelson, who along with his wife plowed more than $92 million into efforts to help mostly losing candidates in the 2012 elections, is undertaking a new strategy for 2016 — to tap his fortune on behalf of a more mainstream Republican with a clear shot to win the White House, according to people familiar with his thinking. In 2012, Sheldon and Miriam Adelson spent so much of their money on long-shot candidate Newt Gingrich that they helped extend an ugly intraparty fight that left the eventual nominee, Mitt Romney, severely bruised by the time he faced President...
  • Bill Gates Reveals Family Goes to Catholic Church: 'It Makes Sense to Believe in God'

    03/17/2014 6:02:02 AM PDT · by marshmallow · 71 replies
    Christian Post ^ | 3/14/17 | Stoyan Zaimov
    Bill Gates, the richest man in the world, revealed in a recent interview that his family goes to a Catholic church and that religious morality inspires a lot of his charity work. He also shared his personal thoughts on God and the biggest issues facing the world today. "The moral systems of religion, I think, are super important. We've raised our kids in a religious way; they've gone to the Catholic church that Melinda goes to and I participate in. I've been very lucky, and therefore I owe it to try and reduce the inequity in the world. And that's...
  • Bill Gates, The Man Behind Common Core Shows How Stupid He Really is About Education

    03/16/2014 8:36:52 AM PDT · by Texas Eagle · 71 replies
    http://www.agenda21radio.com ^ | 3/15/14 | Paul Preston
    Bill Gates, the multi billionaire who does not have an earned college degree or teaching certificate, never taught a day in the classroom, never worked in an educational system or one room school house is comparing the education of children to electrical outlets.
  • How Vladimir Putin Stashed Away A Secret $70 Billion Personal Fortune

    03/16/2014 9:27:50 AM PDT · by Grzegorz 246 · 59 replies
    celebritynetworth ^ | February 7, 2014 | By Brian Warner
    In order to prevent corruption and conflicts of interest within government, many major countries around the world require that their highest level leaders release annual reports disclosing their most recent income, tax returns, salary and personal net worth. For example, Barack Obama's, tax return last year showed that he and Michelle grossed $608,611 for the calendar year 2012 (his 2013 tax forms should be released soon). Most of that income came from Barack's book royalties and $400,000 Presidential salary. Believe it or not, Russia actually has the same requirement for its leaders. Including current President, Vladimir Putin. Last April, Putin...
  • Billionaires With Big Ideas Are Privatizing American Science (focusing on white diseases)

    03/16/2014 5:22:19 AM PDT · by reaganaut1 · 80 replies
    New York Times ^ | MARCH 15, 2014 | WILLIAM J. BROAD
    ... American science, long a source of national power and pride, is increasingly becoming a private enterprise. In Washington, budget cuts have left the nation’s research complex reeling. Labs are closing. Scientists are being laid off. Projects are being put on the shelf, especially in the risky, freewheeling realm of basic research. Yet from Silicon Valley to Wall Street, science philanthropy is hot, as many of the richest Americans seek to reinvent themselves as patrons of social progress through science research. ... Fundamentally at stake, the critics say, is the social contract that cultivates science for the common good. They...
  • BREAKING: Warren Buffett Buys WPLG! [Democrat Owns ABC Station in Miami, Florida]

    03/15/2014 5:30:49 PM PDT · by SoFloFreeper · 16 replies
    sfltv.com ^ | 3/12/14
    Billionaire Warren Buffet’s iconic company Berkshire Hathaway will trade 1.6 million shares of Graham Holdings stock in exchange for WPLG, according to a report from Deadline It’s been known for a while that Buffett wants to exit Graham Holdings, formerly known as the Washington Post Co., who are left with only their TV stations and a business in the education sector. Buffett will allegedly get WPLG plus an unspecified amount of cash. The Washington Post company bought WPLG in 1969 and changed its call letters to WPLG in memory of Phillip L. Graham, the husband of Washington Post publisher Katherine...
  • Billionaire Steyer Puts Money Toward Climate, Energy Issues

    02/25/2014 5:38:21 PM PST · by La Lydia · 28 replies
    NPR ^ | February 24, 2014 | David Greene
    DAVID GREENE, HOST: … wealthy donors like Tom Steyer are putting a pistol to someone's head, forcing their pet issues on candidates. Steyer himself sees things very differently. He quit his hedge fund with $1.5 billion and now in his view he's fighting as hard as he can with money and passion to do something very noble - save the planet. .. With plans to pour $100 million into key elections this year, Steyer joins this elite group of wealthy individuals trying to influence politicians and voters. Steyer says he doesn't agree with the growing influence of money in politics...
  • Shocking Opulence Revealed as Ukraine Leader Flees Home

    02/23/2014 8:18:05 AM PST · by rktman · 51 replies
    Newsmax.com ^ | 2/22/2014 | unknown
    A vast country estate, marble-lined mansions, a private golf course and zoo: the unimaginable luxury of the private residence of departed Ukrainian President Victor Yanukovych flung open for all to see. As parliament voted to oust Yanukovych Saturday and he fled to a pro-Russian bastion in east Ukraine after months of bloody protest again his rule, thousands of Ukrainians wondered awestruck around the breathtaking luxury of his abandoned property some 110 miles from Kiev after it was taken by demonstrators. "I am in shock," said retired military servicewoman Natalia Rudented, as she looked out over the manicured lawns studded with...
  • Environmentalists Do Billionaires' Bidding in Fight Against Keystone Pipeline

    02/05/2014 8:38:02 AM PST · by SeekAndFind · 7 replies
    Townhall ^ | 02/05/2014 | Rachel Marsden
    PARIS -- An environmentalist lies down alongside his fellow organic cucumber aficionados to block the construction of an oil pipeline and wakes up a member of a proxy army serving the billionaires who are fighting against America's economic and national security interests to line their own pockets. How did that happen? This phenomenon is on display in the battle against the Keystone XL pipeline project, the cornerstone of Canada-U.S. energy independence, set to run from Alberta, Canada, into Nebraska, then ultimately to the Gulf Coast of Texas where it can be exported. None of this pleases environmental activists, whose actions...
  • The Billionaires Start Lining Up Behind Hillary Clinton

    02/03/2014 1:54:19 PM PST · by lbryce · 70 replies
    Against Crony Capitalism.org ^ | February 2, 2014 | Staff
    <p>George Soros is on board. So are a bunch of other billionaires, many of whom are also denizens of Wall Street.</p> <p>Why is it that so many of the 1% support so called “progressive” candidates? Why would they support those who seek to expand the footprint of government? Isn’t that against their interests?</p>
  • Chinese billionaire ups reward for whoever can make daughter straight

    01/25/2014 8:42:52 AM PST · by rickmichaels · 69 replies
    Toronto Sun ^ | Jan. 23, 2014 | QMI AGENCY
    A Chinese billionaire is offering $1B Hong Kong dollars -- or $143,400,000 CAD [$129,574,375.80 USD] -- to any man who can turn his lesbian daughter straight. Cecil Chao Sze-tsung told a Malaysian newspaper his daughter is single, despite the fact she had a commitment ceremony with her longtime partner in 2012, and it's not too late to change her mind about men. But Gigi Chao told the South China Morning Post her father could offer up his entire fortune: "I don't think my dad's offering of any amount of money would be able to attract a man I would find...
  • Michelle Obama crashes at Oprah's Hawaii pad

    01/06/2014 5:27:51 PM PST · by Sub-Driver · 57 replies
    January 06, 2014, 05:40 pm Michelle Obama crashes at Oprah's Hawaii pad By Emily Goodin SUVs, Secret Service agents and Oprah! Michelle Obama's extended Hawaii vacation plans have leaked thanks to security sightings reported by locals near Oprah Winfrey's tropical vacation home. The Maui News reports residents said saw police cars and black SUVs near Winfrey's home in Kula on the island of Maui. The talk show host owns several hundred acres on the island. Other residents told local news outlets that security personnel asked them to leave the area and that paparazzi have been spotted. President Obama left Hawaii,...