The biggest donor in the 2024 election cycle has been revealed, and it is a name that few have ever heard of.
Jeffrey Yass runs a trading firm and is also a top investor in ByteDance—the Chinese company that owns TikTok. To date, the speculator and investor has donated a whopping $46 million to the GOP.
Yass, a widely reported libertarian, has come under fire for his donations to Rand Paul, who has been an outspoken critic of the proposed TikTok ban.
Those who read my content know I am also an ardent libertarian. That being said, it’s time to get money out of politics altogether.
Libertarian or not, investors and corporations should not have the power to sway U.S. elections.
At the same time, the state should not have the power to regulate businesses—thereby protecting the interests of businesses without forcing them to constantly lobby the government to protect their interests.
See how that works? Big business has been wed to the government out of necessity and only because the government insists on meddling in commerce.
The government should not have the power to meddle in commerce at all. Rand Paul and President Trump have now gone on record opposing the proposed TikTok ban.
Senator Paul states: “If Congress bans TikTok, they will be acting just like the Chinese communists who have also banned TikTok . . . Why not just defend the First Amendment?”
If Congress bans TikTok, they will be acting just like the Chinese communists who have also banned TikTok . . . Why not just defend the first amendment? pic.twitter.com/7eAvKNPdvc
— Rand Paul (@RandPaul) March 8, 2024
Reuters outlined some of Yass’ donations:
Yass and his wife donated just over $5 million – a ninth of his donations in the current cycle, which wraps up with the Nov. 5 general election.
His donations this cycle have included some $16 million to the Club for Growth Action, a super PAC funding group linked to the fiscally conservative Club for Growth non-profit.
The Club for Growth is also against the TikTok ban.
Democrats and useful fools like Laura Loomer continue to cheer a TikTok ban without considering the ramifications of banning social media platforms.
Is TikTok CCP harmful propaganda? Likely. Should it be banned? Absolutely not. Banning free speech and controlling the internet is far worse and will do far more damage than the CCP app will do in the long term.
My advice to concerned citizens is to begin treating most social media the way we treat smoking. Simply remind people that it is bad for them constantly—show people, don’t force them.
Eventually, and with enough living examples all around them demonstrating the harmful effects of social media, people will quit the bad habit.
We are currently seeing something similar happen with alcohol in my generation. It is becoming somewhat trendy not to drink. This is because generations of Americans have now seen, firsthand, what the bottle does to the mind and the soul.
They have seen it destroy the lives of family members, they have witnessed the car accidents, they have seen the statistics on rape and murder, and they know how they behaved at raucous college parties while under the influence.
All these factors have contributed to a decline in drinking.
Something that was once a cornerstone in American culture is losing its grasp as people begin to make healthier choices—all without government intervention or the coercion of the state.
Now you all see why @RandPaul is against the Tik Tok ban…
Rand Paul calls for opposing the Tik Tok ban. But he doesn’t oppose taking Jeffrey Yass’s money.
Imagine that. https://t.co/rtswsl3QE4
— Laura Loomer (@LauraLoomer) March 13, 2024
WATCH: I joined Steve Bannon on War Room today to talk about why @tiktok_us should be banned, and which US Senators are getting paid off by Tik Tok investor Jeffrey Yass to oppose a ban on Tik Tok.
What do you call someone who sells themselves to the highest bidder?
A WHORE! pic.twitter.com/rPTTVVDpMn
— Laura Loomer (@LauraLoomer) March 14, 2024
Pennsylvania billioniare Jeffrey Yass has been in the news a lot lately.
Who is he? And how are billionaires like Yass rigging our political system and economy?
Find out more at –> https://t.co/mcgxQe693m#AllEyesOnYass pic.twitter.com/zWi89ekdq9
— LittleSis.org (@twittlesis) March 21, 2024
The New York Post shared this related piece on Yass:
Former President Donald Trump is considering tapping hedge fund manager Jeff Yass to serve as his Treasury secretary if he wins the presidential election in November, a report said Thursday.
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