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Wall Street readies big Trump assault
Politico ^ | 3/2/2016 | Ben White

Posted on 03/03/2016 5:21:53 AM PST by 20yearsofinternet

NEW YORK — Wall Street is getting ready to go nuclear on Donald Trump.

Terrified that the reality TV star could run away with the Republican nomination and bring his brand of anti-immigrant, protectionist populism to the White House, some top financiers are writing big checks to fund an effort to deny Trump a majority of delegates to the GOP convention.

The effort is centered on the recently formed Our Principles PAC, the latest big-money group airing anti-Trump ads, which is run by GOP strategist Katie Packer, deputy campaign manager for Mitt Romney in 2012.

The group, initially funded by $3 million from Marlene Ricketts, wife of billionaire T.D. Ameritrade founder Joe Ricketts, wants to saturate the expensive Florida airwaves ahead of the state’s March 15 primary with hopes of denying Trump a victory that could crush the hopes of home state Sen. Marco Rubio.

A conference call on Tuesday to solicit donors for the group included Paul Singer, billionaire founder of hedge fund Elliott Management; Hewlett Packard President and CEO Meg Whitman; and Chicago Cubs co-owner Todd Ricketts, one of Joe and Marlene Ricketts’ three sons. Wealthy Illinois businessman Richard Uihlein is also expected to help fund the effort. Jim Francis, a big GOP donor and bundler from Texas, was also on the phone call on Tuesday.

One person close to the Our Principles PAC said money will not be an issue.

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


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: antitrump; elections; gope; trump; wallst
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1 posted on 03/03/2016 5:21:54 AM PST by 20yearsofinternet
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To: 20yearsofinternet

Wonder why this is since we keep hearing how Trump is so pro-Wall Street..?


2 posted on 03/03/2016 5:22:44 AM PST by austinaero
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To: 20yearsofinternet

Sure why not. The $100 million spent all ready did not work, why not another $100 million? Thanks to the bail outs and QE that got plenty of tax payer money to burn.


3 posted on 03/03/2016 5:24:09 AM PST by MNJohnnie ( Tyranny, like Hell, is not easily conquered)
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To: 20yearsofinternet

I think we need our own brand of Occupy Wall Street. We need rid the planet of vermin like this.


4 posted on 03/03/2016 5:24:36 AM PST by Mouton (The insurrection laws maintain the status quo now.)
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To: 20yearsofinternet

The forces arrayed against this guy are incredible.

He’s becoming a yuge underdog.

If ‘they’ force him out, then we can no longer teach our kids that “anyone can grow up to be president”.

Nope, gotta be from the right schools and the right family.


5 posted on 03/03/2016 5:24:59 AM PST by JPJones
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To: 20yearsofinternet

You would think with all the anti-Trump support coming from Chicago, they should clean up Chicago first....
Unless their goal is to keep RATS in power.


6 posted on 03/03/2016 5:26:04 AM PST by Zathras
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To: MNJohnnie

Post #3 ...Thanks to the bail outs and QE that got plenty of tax payer money to burn...

Good point!


7 posted on 03/03/2016 5:26:37 AM PST by heterosupremacist ("Resistance to tyrants is obedience to God." Thomas Jefferson)
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To: austinaero
Trump is gaining across the board support from every single demographic group there is.

Universal Unified support for locking up the borders.

Stopping the Trade imbalance.

Pop Pop Corn this is going to be fun to watch!

8 posted on 03/03/2016 5:26:44 AM PST by agincourt1415 (Trump-Cruz 2016 the Dream Ticket)
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To: 20yearsofinternet

Trump, flushing out more of the rats into the open. If Trump doesn’t get the nomination, at least he has identified the real enemy.


9 posted on 03/03/2016 5:27:40 AM PST by euram
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To: 20yearsofinternet

This is the same group that attacked Trump in South Carolina and on Super Tuesday.

Nothing to see here.

Just more reruns of the Russert interview, of the old lady who didn’t want to sell the house and of the Trump university frivolous lawsuit.


10 posted on 03/03/2016 5:27:50 AM PST by Helicondelta
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To: 20yearsofinternet

Seems like the only ones on Trumps side are the American people.


11 posted on 03/03/2016 5:28:51 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: 20yearsofinternet

Nice to see the sh## rising to the top in all categories so we can clearly see who the enemies are


12 posted on 03/03/2016 5:30:45 AM PST by ronnie raygun
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To: ronnie raygun

If and when things get straightened out and we are well on our way we will know who not to do business with


13 posted on 03/03/2016 5:31:40 AM PST by ronnie raygun
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To: austinaero

Wonder why this is since we keep hearing how Trump is so pro-Wall Street..?


Perhaps Trump is smarter than Yellen and knows what a real economy looks like, what real commodity trading looks like instead of fraud, etc. I think he’s smart enough to point out what the people are ready for in bits and pieces instead of all at once. It will hurt, there is no way around it. But the continued fraud and masquerade can’t last forever.


14 posted on 03/03/2016 5:32:51 AM PST by CincyRichieRich (Our freaking country is more important that some country club clueless moron aristocracy.)
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To: 20yearsofinternet

I wonder if they’re saving anything for Hillary. I kind of don’t think so.


15 posted on 03/03/2016 5:33:34 AM PST by RC one
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To: agincourt1415

Best election EVER!


16 posted on 03/03/2016 5:34:23 AM PST by AFreeBird
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To: 20yearsofinternet

These Wall Street denizens are retarded. Trump couldn’t dream of a better endorsement than to be attacked by these people.

In addition, for the general election, a percentage of the Sanders supporters will be drawn to Trump and this just makes that draw even stronger.

Trump can make hay out of this during the debate and inoculate himself from any negative ad downside while playing up the “enemy of Wall Street” angle - and do it on national TV for FREE, before these folks spend their millions.

The Establishment still hasn’t figured out the rules of the campaign game have changed. If this is the year of the populist, traditional Establishment conduct is just adding gasoline to the fire, imo.


17 posted on 03/03/2016 5:36:34 AM PST by HombreSecreto (The life of a repo man is always intense)
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To: MNJohnnie

“Thanks to the bail outs and QE that got plenty of tax payer money to burn”
That is so true! They are afraid he’ll turn off the free money tap.


18 posted on 03/03/2016 5:36:56 AM PST by MCF (If my home can't be my Castle, then it will be my Alamo.)
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To: 20yearsofinternet
< sarc >

Seems nobody likes Trump. I wonder who votes for him?

< /sarc >

19 posted on 03/03/2016 5:37:00 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: AFreeBird

Best election EVER!

Yep.


20 posted on 03/03/2016 5:39:42 AM PST by MNJohnnie ( Tyranny, like Hell, is not easily conquered)
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