Space X and Tesla founder Elon Musk in New York City, August 2021. (Photo: Naresh111 / Shutterstock.com)
Elon Musk, David Sacks Holds Secret ‘Anti-Biden’ Gathering of Billionaires
Everything is economic
By Katy Grimes, May 6, 2024 7:55 am
Elon Musk and David Sacks recently held a secret billionaire dinner party in Hollywood, because of a purported major political realignment as Silicon Valley money turns against Biden and begins flowing to Donald Trump, Puck reported.
Everything is economic. And even billionaires, who are smart enough to make billions, get tired of paying too much for everything. Biden Administration policies are harming everyone – the working poor up to the very wealthy Silicon Valley entrepreneurs.
The guest list reportedly included Peter Thiel, Rupert Murdoch, Michael Milken, Travis Kalanick, and Steven Mnuchin, Trump’s treasury secretary.
The gathering was held at entrepreneur and investor David Sacks’ home in the Hollywood Hills in April, Puck reported. Sacks is one of the tech entrepreneurs in the entertaining, stimulating, funny and seriously interesting “All-In” Podcast.
The dinner party conversation largely revolved around how to raise money to defeat Democrats, a source told Puck, the Independent UK reported.
This meeting comes as the Biden treasury department announced that because blacks and hispanics do not own as much property and stocks as whites, they would raise capital gains taxes on the wealthy to “equalize” the wealth.
Larry Kudlow just posted a podcast with economist Steve Moore and business analyst Liz Peek on to discuss this very issue. Kudlow was appalled and said a low capital gains tax is so important for business creation and job creation, and noted that capitalism is color blind. (Liz Peek and Steve Moore | 05-04-24 – Apple Podcasts)
Steve Moore, also appalled, asked why the government would not instead have a program to expand ownership to blacks and hispanics. He said, instead, they want to bring the white number down.
“It’s why JFK talked about rising tides, not lowering tides so everyone is poor,” Moore said.
Liz Peak reminded them that the Biden Administration mandated that every agency in the federal government come back with a racial equity plan – even Treasury – because of the “wealth gap.”
Surely this is being closely watched by the Silicon Valley entreneurs.
The gathering was branded “anti-Biden” by Puck but was not specifically in support of former president and presumed Republican nominee, Donald Trump.
There is a tectonic shift taking place across the country, with blacks and hispanics already trending toward more conservative candidates, and especially Donald Trump. And it is because of economics – when Trump was president black unemployment was at a record low. Everyone had more in their bank accounts and 401(k) plans, and inflation was at a record low.
Throw in the nightmare at the border, and the Biden administration is quickly becoming toxic.
Here is the Larry Kudlow podcast: Liz Peek and Steve Moore | 05-04-24 – Apple Podcasts
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October 28, 2022 -
Don’t get me wrong, I’m all with them, but they still don’t spend their own money?
“…The dinner party conversation largely revolved around how to raise money to defeat Democrats…”
The fact that they had an “Anti-Biden” event here in Hollywood California has to send all kinds of alarm bells to the democrats and the mainstream. As we all know California is considered by them to be a “progressive” state with no hope of ever being a commonsense state again. It’s gatherings like this that show that the progressive agenda has lost its steam and has peaked. Get ready for a sea of change, the tide is changing and commonsense will once again prevail here in California.
Let’s hope that you’re right, Hal… but I have concerns, given the documented security exploits that are configured into the prominent dominating electronic voting system platforms, and the Democrat party propensity to cheat & win by whatever means necessary….
Bravo for them. I hope that it works to rid the Biden regime once and for all. We’re getting slaughtered by the disastrous activities at the White House.
Overall a VERY good sign for the Sane Team.
Thanks for covering this and putting it all together, Katy Grimes —- have been so busy elsewhere except for my always go-to Globe that I’m pretty sure I would have missed it entirely. IF it had even been covered this way elsewhere, that is —- a Big IF. 🙂
Imagine that Billionaires wanting to keep their billions!
I think even they realize the world is on fire, and Papi Trump understands the billionaire world along with the average working man/woman! All have the possibility to be lifted up.
Dumpster Fire or MAGA?
Elon gets it!
This country was economically better off under President Trump.
America first.
I long suspected, but could never prove, there was an unspoken quid pro quo among Democrats and Silicon Valley oligarchs: We will fund your wacko liberal causes, as long as you keep your G.D. union hands off Silicon Valley.
Now that the unions and wacko Democrat over-reach are moving rapaciously into Silicon Valley and the oligarch franchises, it is time for a major libertarian reassessment of their alleged quid pro quo.
Surprise, surprise. Democrats were never your friends; just occasionally useful. You home is a lot friendlier among the GOP – and the more conservative hands off, limited government side of the political equation.
If the following sounds good to you, get on board. We have a country, and an economic market to save.
1. Free and competitive markets
2. Protection of private property
3. Limited government
4. Rule of law
Earth to Silicon Valley: conservatives are not toothless, redneck racists who marry their sisters.
We are fiscal conservatives and limited government Americans who know there needs to be an underlying mutually shared moral and ethical base driving our national cohesion. This is not a religious statement; it is a shared values statement. Are you on board, or not?
YES and YES Jaye. Love it.