Joe Biden’s 2020 campaign made history by raising over $1 billion, solidifying his status as the quintessential oligarch. But it doesn’t end there. In 2020, Democrats outpaced Republicans by $600 million in “dark money” contributions. These staggering numbers are only expected to increase further in the upcoming 2024 elections.
In the realm of modern Democratic politics, there’s a crucial principle: if you’re not at the table, you’re on the menu. Today, Joe Biden sits at the head of the table, entertaining the desires of his wealthy benefactors. However, it’s important to remember that these oligarchs are not parting with their fortunes out of the goodness of their hearts; they expect something in return. Each of these billionaire donors sees Joe Biden as a means to their own ends.
Dustin Moskovitz: The Facebook Co-Founder
Dustin Moskovitz, a co-founder of Facebook, has emerged as a prominent megadonor in the Biden era. In the 2020 election cycle, he contributed approximately $50 million, with $20 million going to the Future Forward PAC, a key committee supporting Biden. The Future Forward PAC spent over $180 million across the 2020 and 2022 elections.
Moskovitz’s influence extends beyond financial contributions. His organization is already funding dozens of staffers involved in shaping artificial intelligence (AI) regulations. With the Biden administration focusing on tech policy, particularly AI, Moskovitz’s connections and resources make him a significant player.
Eric Schmidt: The Former Google Chairman
Eric Schmidt, the former chairman of Google, has a long history of political contributions. Over the years, Google has donated over $11 million primarily to Democratic causes, with a lobbying record of $75 million. Alphabet, Google’s parent company, has contributed $59 million, mostly to Democrats, and has spent over $119 million on lobbying. In the 2020 cycle, Biden received nearly $4.5 million from Google and Schmidt.
Schmidt’s influence extends beyond financial support. Through his philanthropic foundation, Schmidt Futures, he has paid the salaries of two employees in Biden’s Office of Science and Technology Policy. This raised concerns about potential conflicts of interest, as several staff members had financial connections to Schmidt Futures.
Jeffrey Katzenberg: The Hollywood Mogul
Despite being blamed for Hollywood’s decline, Jeffrey Katzenberg has managed to maintain a close relationship with Biden. In the 2020 election cycle, Katzenberg held multiple fundraising events for Biden, raising a reported $13 million. In an interview with the Financial Times, Katzenberg pledged to provide Biden with “all the resources” he needs to win reelection in 2024.
Katzenberg’s influence over Biden has not gone unnoticed. Strikes in Hollywood have disrupted productions, but Biden has avoided visiting Katzenberg in Los Angeles. Nevertheless, they continue to praise each other at fundraisers, showcasing the facade of Biden as a man of the people while being entrenched in the corporate elite.
Laurene Powell Jobs: The Media Powerhouse
As the widow of Apple co-founder Steve Jobs, Laurene Powell Jobs wields immense wealth and influence. Through the Emerson Collective, her primary philanthropic vehicle, she supports globalist social justice causes, funds left-wing media outlets, and provides jobs for Biden and Obama administration officials. Jobs’ media outlets tend to report favorably on her other causes, creating a symbiotic relationship.
Under the Biden administration, Jobs has reached new levels of influence. Her organization, the Emerson Collective, backs Galvanize Climate Solutions, which had John Podesta as an advisor before he joined the White House. Jobs has visited the White House multiple times, including a private meeting with Podesta. She even accepted the Presidential Medal of Freedom from Biden on behalf of her late husband.
Reid Hoffman: The Silicon Valley Connector
Reid Hoffman, known as the “most connected man in Silicon Valley,” has become a prolific funder of Democrats. As an early investor in Facebook and a co-founder of LinkedIn, Hoffman has made significant contributions to Democrat PACs and interest groups. He sits on the board of Chan Zuckerberg Biohub and advises the left-wing Berggruen Institute, which regularly engages with Chinese Communist Party leader Xi Jinping.
Hoffman’s involvement with China goes beyond advisory roles. LinkedIn managed to comply with Chinese censorship rules until 2021, and Hoffman has been instrumental in helping Silicon Valley firms establish deals with China. His funding supports left-wing ideology on social media through organizations like Courier Newsroom and ACRONYM.
Tom Steyer: The Climate Activist
Tom Steyer, a former hedge fund manager and climate activist, spent $73 million on left-leaning causes during the 2020 cycle. After the election, Biden hired Steyer as an advisor on climate change. Steyer’s advocacy for halting drilling permits and blocking pipelines has contributed to the skyrocketing gas prices experienced during the Biden administration.
Interestingly, while Steyer presents himself as a combatant against climate change, his Farallon Capital Management holds significant investments in an Australian coal mine and companies with coal-fired power plants in China and Indonesia. Several appointed White House staff have financial ties to Steyer’s businesses, raising concerns about conflicts of interest.
Unveiling the Oligarchy
These billionaires represent just a fraction of the power players behind the Biden presidency. Their immense wealth and influence shape policy decisions, fund campaigns, and provide access to influential networks. The intertwining relationships between oligarchs and politicians raise questions about the extent to which democracy is influenced by money and the interests of the wealthy elite.
As we delve deeper into the hidden forces and secret money machine behind Joe Biden, his family, and his administration, it becomes increasingly clear that the American oligarchy is thriving. Breaking Biden: Exposing the Hidden Forces and Secret Money Machine Behind Joe Biden, His Family, and His Administration provides an in-depth exploration of this pervasive influence, shedding light on the realities of modern politics.