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Anti-Trump Activist Billionaire Tom Steyer Running for President, Pitches Self as an Outsider

Anti-Trump Activist Billionaire Tom Steyer Running for President, Pitches Self as an Outsider

Warren and Sanders are ticked about the newest entrant

Billionaire Tom Steyer announced Tuesday he was running for president. The anti-Trump activist who drove the Impeach Trump effort promised to spend $100 million in the race.

In his own words:

From the San Francisco Chronicle:

Tom Steyer is a San Francisco billionaire who made his fortune as a hedge fund manager and has spent more than $200 million on political organizing for Democrats over the past decade.

Yet despite that biography — and his plan to spend $100 million of his own money on the presidential campaign he launched Tuesday — Steyer is asking voters to consider him as something else: an outsider. It’s a word he used a half-dozen times to describe himself during our 15-minute conversation Tuesday.

Sound familiar? Steyer vaguely echoed two other wealthy men who never held elective office but stormed into power promising to change things, because they knew how politics was rigged in favor of wealthy people like them: President Trump and former Gov. Arnold Schwarzenegger.

Meanwhile, neither Bernie nor Warren are particularly thrilled that someone as moneyed as Steyer, who is the “evil” billionaire bringing money to politics, is joining their ranks.

During an interview with MSNBC, Bernie said, “I like Tom personally, but I do have to say as somebody who in this campaign has received 2 million contributions, averaging $19 a person, I’m a bit tired of seeing billionaires trying to buy political power.”


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The Friendly Grizzly | July 9, 2019 at 7:42 pm

Another bored millionaire/billionaire looking for a hobby.

A very long rambling statement that won’t give Trump any trouble in the general, if he gets that far.

He complains about the drug problem, but he’s probably for open borders. PDJT is actually trying to do something about the problem by restoring border integrity.

But Steyer’s hypocrisy goes still deeper. Today, he is a bitter opponent of fossil fuels, especially coal. That fits with his current economic interests: banning coal-fired power plants will boost the value of his solar projects. But it was not always thus. In fact, Steyer owes his fortune in large part to the fact that he has been one of the world’s largest financers of coal projects. Tom Steyer was for coal before he was against it.

A reader with first-hand knowledge of the relevant Asian and Australian markets sent us this detailed report on how Steyer got rich on coal. He titled his report “Hypocrisy & Hedge Funds: Climate Change Warrior Tom Steyer’s Secret Life as Coal Investment Kingpin.”

So, what’s he running on? Beating DJT? Big deal—all D’rat candidates, pretty much by definition, are running on that.

Steyer’s been yakking about beating Trump via impeachment. Running against him only happens after the impeachment thing fails. So it’s “vote for me—I’m one of those hammerheads who unsuccessfully demanded impeachment!” and not much else. I don’t see much chance of a winning campaign built on failure.

Maybe something should be done about hedge funds. “Hedge fund management” gives us too many fruitcakes who seem to know nothing of business or economics or politics or anything else but have enough money to be dangerous. Like giving a shotgun to a baby, or the Nuclear Football to a monkey; there’s no way it can turn out well.

I’m old enough to remember when billionaire plutocrats dumping millions of dollars into the political process was a BAD thing…….

With every debate the Dems raise the bar of qualification. Does Steyer even make the cut? Or is he running as an Independent?

I sure hope he spends a lot of his money to loose.

Like Soros short on the dollar, his long on climate scam funds went south. He is just an angry loon now.

Morning Sunshine | July 9, 2019 at 9:42 pm

So he registered as a Dem? Bummer… I was hoping he would go third party and split the crazy votes

If Steyer being a billionaire so odious, why do the Democrats take money from Soros and Gates?

There appears to be something ‘wrong’ with this guy – like eric swalwell. Weirdest thing. And the weirdest guy.

It used to be rarely mentioned that someone ran for a nomination for President, now it seems it has become a title for life. Like some badge of honor, instead of it being “loser”.

I think so many of these, especially on the left, just want that title to be added to every breathless account when they get mentioned in the news.

Of course Steyer might think he has a real shot given the field of those already running. Seeing the debates was a showing of unimpressive crazy left trying to out-socialist the other might have pushed him to think “hey I can compete with this group”.

Yet another corrupt a-hole with money who thinks he can become president by persuading American voters they are idiots and should vote for him. He too will learn how expensive it is to sell cancer. Fools and their money… More money for the progressive funeral pyre.

2smartforlibs | July 10, 2019 at 8:31 am


Not sure how good a businessmen this guy is because he’s going to spent 100 million of his own money to lose and election.

Good luck…

    The Friendly Grizzly in reply to Merlin01. | July 10, 2019 at 11:35 am

    That’s my down-tick; sorry. I was aiming for “Reply”. I’m sure, with out tax code being > 16,000 pages, there is a provision for him to write it off.

The Friendly Grizzly | July 10, 2019 at 11:34 am

Is he the son of a mailman? Did he serve in Vietnam? Did he get himself a beer? Does he know where to get a huntin’ license? And, at this point, does it matter?

/did I hit all the bases?