Common Dreams reported:
A new analysis out Tuesday shows that 150 of the nation's wealthiest families have poured nearly $2 billion into this year's U.S. election—the latest evidence bolstering calls for new taxes on the super rich and an end to unlimited campaign spending.The political Red Team garnered 75% of billionaire funding while the Blues snagged 25%.
The "policy making billionaire" class is in high attendance at Saudi Crown Prince's Future Investment Initiative, the eighth edition. A combination of legendary PEU founders and "live forever" Tech Gods want to vault the Saudi economy into its 2030 future. That means forgiving sins of the past, even those not confessed. Politico reported a Saudi ambassador's words six years after the Jamal Khashoggi murder:
“We may not have as much transparency [as] other nations but we have due process. Our system is changing and evolving. This is one event among many that made us look at how we do things in Saudi and revisit how things happen.”
The Saudi future confab is hosted by the Riyadh Ritz Carlton for the sixth time. Between sessions #1 and #2 the Ritz served as a prison and torture chamber for the Crown Prince's monetary shakedown of royal family members and Saudi high society.
Today is commitment day at the Saudi Future Investment Initiative. I hope the Crown Prince lets this group of super wealthy Ritz attendees go without the physical shakedown experienced by Saudi Prince Alwaleed bin Talal in November 2017.
Bin Talal was freed during the January 2018 World Economic Forum meeting in Davos, Switzerland, a sign for the West to please forget about the Khashoggi execution.
Prince Alwaleed bin Talal just invested in Elon Musk's AI venture, alongside Sean "P Diddy" Combs.
...a missing "up to $96 million" from a fintech company that represented itself as an insured bank to customers. Synapse, backed by Andreessen Horowitz, exists outside of any regulatory authority leaving customers without access to their funds and no legal recourse.
You can't make this stuff up. PEU legend and Tech God billionaires sponsor U.S. politicians and in turn get to make public policy, that is when they are not hanging with Monarchs (not the butterfly version).
Politicians Red and Blue love PEU and increasingly, more are one. That's what elections today are all about.
Update 11-3-24: A press release on the first day of FII8 included a panel of change makers:
Carlye Chairman and FII Institute Secretary of the Board, David Rubenstein
Yes, the FII misspelled Carlyle.
Update 11-6-24: Jim Chanos wrote on X:
The greatest trick the Devil ever performed is convincing pundits like this that a ticket with a Wharton-educated RE developer who lives in Palm Beach, and a Yale Law-educated venture capitalist, both advised by Wall St/Silicon Valley billionaires, is not the elite Establishment!
