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  1. #1
    Senior Member JohnDoe2's Avatar
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    PARADISE (San Diego)

    Marco Rubio Gets Backing of Billionaire Paul Singer

    OCT 30 2015, 10:51 PM ET

    Marco Rubio Gets Backing of Billionaire Paul Singer


    Frontrunners Carson, Trump Lead NBC News Poll, but Cruz Wins Debate 2:48

    Two days after what has been called a strong performance at the Republican debate, Marco Rubio has received the backing of billionaire Paul Singer.

    A Rubio campaign aide confirmed to NBC News that Singer has thrown his support — and money and bundling expertise — behind the candidate. The New York Times first reported Singer was supporting Rubio.

    Soliciting Singer's support has been a "long-term effort," according to the Rubio aide. Rubio met with him several times over the last several months.

    Singer supported Rubio in his 2010 Senate campaign.

    The timing of Singer's support couldn't have come at a better time for Rubio, coming off a strong debate performance in which he appeared to outmaneuver rival Jeb Bush.

    Rubio, asked about Singer's decision at a Republican rally in in Orange City, Iowa, Friday, said he welcomed the support.

    "When people buy into us, they buy into our agenda, and I'm glad that he has and it'll help us with resources. But, you know, resources are not enough. You'll have to have the right ideas, the right principles and convince voters you're the right person for the job," Rubio said. "But we're grateful to have his help, obviously."


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  2. #2
    Senior Member JohnDoe2's Avatar
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    Billionaire Hedge Funder Paul Singer Is Launching A Pro-Gay Marriage Republican Super PAC

    • Jun. 12, 2012, 7:06 PM

    World Economic Forum via Flikr
    Paul Singer

    Billionaire hedge fund manager Paul Singer's newly announced, pro-gay marriage Republican super PAC could be the most important step yet for acceptance of the LGBT community in the Republican Party, say rights activists and gay members of the party.

    On Sunday, The New York Times detailed Singer's latest push for gay marriage within the Republican Party. A year after pledging more than $1 million to build support for same-sex marriage in New York, he's now providing another $1 million to start a super PAC — called American Unity PAC — with the purpose of encouraging Republican politicians and candidates to support same-sex marriage on a federal level.

    For conservatives in the party and for LGBT rights organizations, it's a significant step that a huge Republican donor is taking up the cause. For evangelicals, it's another sign the Republican Party is going down the wrong path with gay marriage. Here's part of what Singer had to say to the Times' Frank Bruni:

    Singer said that it “very well fits within my framework of freedom,” adding that it promotes “family stability” and is a tribute to an institution in need of one.

    “Obviously, the institution of marriage in America has utterly collapsed,” he said. That gay and lesbian couples nonetheless want to wed “is kind of a lovely thing and a cool thing and a wonderful thing,” he added.

    Singer's super PAC announcement comes just more than a month after President Barack Obama publicly expressed his personal support for same-sex marriage.

    The growing bipartisanship on the issue is a welcome sign to activists like Stuart Gaffney, the media director for Marriage Equality USA, which works for legal recognition of gay marriage.

    Gaffney compared Singer to Ted Olson, the former U.S. Solicitor General under President George W. Bush, who joined in a legal battle to challenge Proposition 8 in California in 2009.

    "The way we're going to win marriage equality is through bipartisan support," Gaffney said in a phone interview. "That's been the lesson from much of the recent good news for LGBT rights. Bipartisan support is critical to our movement."

    Despite Singer's new super PAC, however, the Republican Party as a whole remains pretty strongly opposed to the concept of gay marriage. At the beginning of May, Republican presidential nominee Mitt Romney fired gay national security spokesman Richard Grenell amid some pressure from the party's evangelical base.

    That part of the party remains especially vehemently opposed to gay marriage. Romney has aligned with that position, opposing both marriages and civil unions for same-sex couples. He supports a federal amendment banning same-sex marriage nationwide.

    "Here you have a super PAC that is working to chop the legs off the Republican Party platform," said Bryan Fischer, the evangelical talk show host and director of issue analysis at the American Family Association, in a phone interview.

    "So it's a huge issue for them. I think [the Republican Party] better send a pretty clear signal about what they think is the mission of this super PAC, because it is working in direct opposition to values that the party claims to stand for. If they embrace this super PAC, it's going to raise really severe questions on the minds of their base about whether the Republican Party even reflects their values anymore."

    But for conservatives like gay Republican presidential candidate Fred Karger, it's about time. He has always thought that gay rights fit in the Republican Party platform.

    Singer held a fundraiser for Romney that raised $5 million for the Republican presidential candidate. It's Singer's influence within the Republican Party that gives people like Karger hope that the party is beginning to open up to the premise.

    "He's a true hero," Karger told Business Insider of Singer in a phone interview Tuesday. "I'm proud to be a Paul Singer Republican."


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  3. #3
    Administrator Jean's Avatar
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    31 Oct 2015
    Washington D.C.

    Hedge-fund billionaire Paul Singer’s decision to throw his financial weight behind the donor-class 2016 favorite, Sen. Marco Rubio (R-FL), has sparked fresh questions about Rubio’s coziness with the financial interests funding his career.

    Singer was a major financial force behind the Rubio-Obama amnesty and immigration expansion push in 2013.

    As Politico reported at the time, Singer “quietly go[t] involved in the fight for immigration reform, making a six-figure donation… to the National Immigration Forum”— a George Soros-backed organization that lobbied for Rubio’s legislation to issue 33 million green cards to foreign nationals in the span of a single decade. The announcement of Singer’s endorsement highlights an intra-party tension that has emerged with new strength since Rep. Paul Ryan (R-WI)’s inauguration as Speaker of the House.

    There is a growing chasm between the more than 9 in 10 GOP voters, who want to see future immigration rates cut, versus GOP donors that are desperately seeking to install leaders in the White House and Congress who will further expand the nation’s already record breaking immigration rates that are transforming the country’s economy and electorate.

    Upon the announcement of the Singer’s decision, GOP frontrunner Donald Trump tweeted:

    I see Marco Rubio just landed another billionaire to give big money to his Superpac, which are total scams. Marco must address him as ‘SIR’!

    Even though Rubio’s donors stand to make an enormous profit from a surge of low-wage migrant labor, Rubio has repeatedly denied that his wealthy backers have influenced his agenda. “People buy into my agenda. I don’t buy into theirs,” Rubio has said.

    However, a review of several of Rubio’s top donors reveals that many of them have benefited from the Floridian’s rise to power.

    Perhaps one of the most widely-criticized areas of Rubio’s campaign pledge to create “A New American Economy” on migrant labor is his support for tripling the controversial H-1B visa program.

    Throughout his brief time in Washington—noted primarily for pushing the La Raza and Obama-backed amnesty bill through the Senate—Rubio has co-authored two pieces of legislaton that would massively expand the wage-depressing H-1B visa program used to replace American workers in white-collar jobs. His most recent bill—known as I-Squared—would triple the number of H-1B visas imported into the United States despite the fact that the U.S. Census Bureau reports 3 in 4 Americans trained in Science, Technology, Engineering, and Math (STEM) are not employed in those fields. The Walt Disney Company used H-1Bs to lay off hundreds of American workers and forced them to train their low-wage foreign H-1B replacements. Disney’s CEO has endorsed Rubio’s I-Squared bill.

    Trump, who has called on Disney to hire back all of Rubio’s laid-off constituents, thundered:

    "Lobbyists write the rules to benefit the rich and powerful. They buy off Senators like Marco Rubio to help them get rich at the expense of working Americans by using H-1B visas–so called “high tech” visas–to replace American workers in all sorts of solid middle class jobs… Senator Rubio works for the lobbyists, not for Americans. That is why he is receiving more money from Silicon Valley than any other candidate in this race. He is their puppet."

    According to open-secrets, Goldman Sachs has been one of Rubio’s biggest financial boosters. Since 2011, Goldman Sachs was the top donor to Rubio’s campaign committee, contributing $53,200. Interestingly, Goldman Sachs is also among the top 50 corporate users of the H-1B visa, which labor experts call an “indentured servitude” program. According to USCIS data analyzed by Computerworld’s Patrick Thibodeau, Goldman Sachs is the ranked number 33 among the biggest users of the program.

    Behind Goldman Sachs, Microsoft is the second largest contributor to Rubio’s campaign committee since 2011, donating $33,100. Similarly, Microsoft is the 12th biggest user of the H-1B program, having brought in 1,048 foreign workers on H-1Bs in 2013. Last year, Microsoft announced its plans to lay off 18,000 workers at the same time the company was lobbying to increase the H-1B program, prompting strong condemnation from U.S. Senator Sen. Jeff Sessions (R-AL), a top opponent of Rubio’s H-1B expansion plan.

    Morgan Stanley has also been one of Rubio’s top financial contributors— having donated $47,564 to Rubio throughout his career. Morgan Stanley is the ranked 66th among the biggest H-1B users.

    Larry Ellison, the founder and executive chairman of the Oracle Corporation, has been another one of Rubio’s financial boosters. In July, the WSJ reported that Ellison gave $3 million to the pro-Rubio super PAC. In June, Ellison hosted a $2,700 per-person fundraiser for Rubio. Oracle is the 20th biggest users of H-1B and has endorsed Rubio’s Gang of Eight and I-Squared immigration bills.

    Beyond the controversial H-1B expansions, however, critics allege that Rubio’s donors have benefited in other ways from his immigration legislation. For instance, according to open-secrets, Carnival Corporation is one of the top 20 contributors to Rubio’s campaign committee since 2011, having donated $14,500.

    According to the Federation for American Immigration Reform, Section 4606 of the Rubio-Obama immigration bill included a “backroom deal” that, “creates a new nonimmigrant Z visa to admit individuals who possess ‘specialized knowledge’ to perform maintenance on airlines and cruise ships” in place of American labor. Rubio’s top immigration lawyer during the Gang of Eight push was Enrique Gonzalez. Prior to working for Rubio, Gonzalez had formerly made his living, in part, by bringing foreign workers into the country on behalf of large corporations. Gonzalez had been a partner at the nation’s largest immigration firm Fragomen, where, as Bloomberg reports, “he helped Carnival, Viacom, and other companies obtain visas for their foreign workers.” Gonzalez features this Bloomberg article on his profile on Fragomen’s website.

    Yet beyond Rubio’s legislative action on immigration, reports document how Rubio’s donors may have shaped many more of his policy platforms.

    For instance, according to OpenSecrets, Fanjul Corporation is the fourth biggest contributor to Rubio’s campaign committee since 2011, donating $25,200. The Fanjul family has boosted Rubio throughout his career. As Yahoo Finance reports, the Fanjul’s sugar empire “includes Domino and Florida Crystals… Donors associated with Florida Crystals have given Rubio at least $81,100 since 2009.” The Washington Post has described Jose “Pepe” Fanjul as part of Rubio’s “inner circle”: “Over the years, Fanjul has played a key role in raising money for Rubio and introducing him to well-heeled donors.” In April, the Fanjuls hosted a fundraiser in Palm Beach for Rubio. The cost of attending the reception and lunch was $2,700. Rubio’s closeness with the family has been well-documented, as The Daily Caller notes, “It’s been reported that one of the first people Rubio greeted after making his presidential campaign announcement was Pepe Fanjul, Sr.”

    The Fanjul family benefits from the federal government’s policies that protect of the sugar industry. The Daily Caller writes these protections have come at a cost to Americans:

    While the Fanjul family has reaped the benefits of a protected sugar industry, other Americans have paid a price in lost jobs… What we have is a special interest group with lots of political muscle to protect its industry – to the detriment of 120,000 U.S. jobs lost over the past fifteen years.

    Multiple reports have documented how the Fanjuls may have influenced Rubio’s votes. For instance, the Washington Post has described Rubio as a “major player” and one of sugar industry’s “names to know”.

    Rubio, an outspoken defender of the sugar program… courted the Fanjul family during his 2010 Senate campaign. In his 2012 memoir, “An American Son,” Rubio credited a Fanjul fundraiser on Labor Day weekend in 2009 for helping him surpass a critical early fundraising goal. This year, 60 supporters paying $10,000 each gathered on the terrace of Pepe Fanjul’s Palm Beach home to toast Rubio.

    As CNN reports, “The Fanjuls might be considered the First Family of Corporate Welfare… they benefit from federal policies that compel American consumers to pay artificially high prices for sugar.” While Rubio’s campaign rhetoric decries corporate welfare, he does not seem to mind it when it comes to the Fanjuls. As the Washington Examiner has observed, “In June 13, 2012, Rubio cast a very odd vote: he voted to save the indefensible federal sugar program… [It’s] relevant that the biggest sugar family in Florida, the Fanjuls, was supporting Rubio early in his long shot Senate race in 2010.”

    The news of Singer’s endorsement may bring Rubio additional endorsements. Another donor Rubio has actively courted is Sheldon Adelson, CEO of the Las Vegas Sands Corporation. Reports have questioned whether Rubio’s support for Sheldon Adelson’s bill to stop Americans from gambling online was intended to woo the GOP megadonor.

    “Rubio signed on as a co-sponsor of the bill… raising eyebrows and prompting questions from reporters,” the Washington Post wrote. “The Florida senator has assiduously courted the billionaire casino mogul.”

    Shortly after the news broke that Adelson was considering endorsing Rubio, Trump declared, “Sheldon Adelson is looking to give big dollars to Rubio because he feels he can mold him into his perfect little puppet. I agree!”

    Adelson stands to benefit financially from Rubio’s policy of expansive immigration as well. Indeed, Nevada has the largest share of illegal immigrants of any state in the country (4.7 percent), and roughly one in five Nevada residents is foreign-born.

    In a recent piece in New York Magazine, Jonathan Chait writes that Rubio is the candidate best positioned to enact the donor-class agenda. Chait writes: “Rubio has carved out a valuable niche in the Republican field as the candidate who will carry out the agenda of the party’s donor base, but who has the identity and communication skills to sell that agenda more effectively.”

    Rush Limbaugh has similarly warned that “the donor-class push” is to “get rid of Trump, and have Rubio or Jeb win the White House.”

    Limbaugh predicts that, with Paul Ryan as Speaker and Rubio as President, in the “first 12-to-18 months, the donor-class agenda [will be] implemented, including amnesty and whatever else they want.”
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  4. #4
    Administrator ALIPAC's Avatar
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    Paul Singer can spend all his money and waste it on Rubio but amnesty bill backer Rubio will never win the GOP primary.

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  5. #5
    Join Date
    Nov 2014
    Never forget Senate bill #744 (Gang of Eight) with salesman Senator Marco Rubio which was going to sell out the working class of American, Go Trump Go 2016 !!!

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