Conservative behind Steve Bannon owes 7 BILLION, yes.. >>>B<<<illion in back taxes

ugk

Rising Star
BGOL Investor
Billionaire Robert Mercer did Trump a huge favor. Will he get a payback?
McClatchy Washington Bureau
MAY 01, 2017 6:00 AM

WASHINGTON
The Internal Revenue Service is demanding a whopping $7 billion or more in back taxes from the world’s most profitable hedge fund, whose boss’s wealth and cyber savvy helped Donald Trump pole-vault into the White House.

Suddenly, the government’s seven-year pursuit of Renaissance Technologies LLC is blanketed in political intrigue, now that the hedge fund’s reclusive, anti-establishment co-chief executive, Robert Mercer, has morphed into a political force who might be owed a big presidential favor.

With Trump in the Oval Office, Mercer and his daughter Rebekah, who has become his public voice, seem armed with political firepower every which way you look – and that’s even though presidential adviser Stephen Bannon, their former senior executive and political strategist, appears to have recently lost influence.

Since the IRS found in 2010 that a complicated banking method used by Renaissance and about 10 other hedge funds was a tax-avoidance scheme, Mercer has gotten increasingly active in politics. According to data from the Center for Responsive Politics, he doled out more than $22 million to outside conservative groupsseeking to influence last year’s elections, while advocating the abolition of the IRS and much of the federal government.
 


With investors under fire for financing white nationalism, Robert Mercer resigns from hedge fund
3 hours ago
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FILE - In this Tuesday, Feb. 21, 2017 file photo, Milo Yiannopoulos speaks during a news conference in New York. Polarizing right-wing writer Milo Yiannopoulos has filed a $10 million lawsuit over a canceled book deal, Friday, July 7, 2017 .(CREDIT: AP Photo/Seth Wenig, File)

Robert Mercer, the billionaire that has funded Breitbart and Milo Yiannopoulos, resigned from his role as CEO of the quant hedge fund Renaissance Technologies, according to the New York Times. Mercer’s resignation came just two weeks after ThinkProgress revealed12 nonprofits, universities, and public retirement funds had invested millions of dollars into the hedge fund, noting that their investments were helping fund white nationalism.

Mercer also plans to sell his stake in Breitbart to his daughter Rebekah, who shares his political views.

In a statement, Robert Mercer also repudiated Milo Yiannopoulos, who laundered white nationalist propaganda, saying he has severed all ties.


Mercer sent a letter investors and pension advisors on Thursday morning informing them of his plans to step down from his post at Renaissance Technologies at the end of the year but said he would remain active on the research side of the company, the New York Times reported.

The ThinkProgress story sparked large public outcry, with thousands of people tweeting and messaging those institutions to divest. Michigan State University was targeted by student groups and an activist group that launched a successful campaign to stop Breitbart advertising called Sleeping Giants.



Mercer’s political views run contrast to Renaissance Technologies’ founder James Simons, a historically large donor of Democrat causes and campaigns.
 
robert mercer , the hedge fund group and their ties to breibart ! all these shit my girl RACHEL MADDOW exposed MONTHS AGO!!!!!!
 
The amount Robert Mercer spent on politics in 2016 probably topped $30 million


by Philip Bump April 5 Email the author
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Billionaire Robert Mercer speaks on the phone during the 12th International Conference on Climate Change hosted by the Heartland Institute on March 23, 2017, in Washington, D.C. (Oliver Contreras/The Washington Post)
We may never know how much money billionaire Robert Mercer put into political activity during the 2016 election cycle. For one thing, the definition of political spending is surprisingly nebulous. Does his co-ownership of Breitbart News during the 2016 campaign count? For another, some portion of Mercer’s spending probably went to “dark money” organizations, nonprofit groups that aren’t required to publish their donor lists but can spend money on political activity.

On Thursday, the Center for Responsive Politics reported on one example of Mercer contributing to just such an organization. The group Secure America Now produced videos warning ominously about Muslim takeovers of France, Germany and the United States. The video below was published three days before the election.



The group received a bit over $5 million and worked with Facebook and Google ad sales teams to optimize the reach of the ads. They’re a good example of the gray area that such nonprofit organizations occupy: Although not explicitly calling for the election of Donald Trump, they don’t leave much doubt about their intent.

How did the Center for Responsive Politics learn that Mercer gave to the group if the group doesn’t have to report its donors? It called and asked, and was given a list of donors. Mercer gave $2 million.

So let’s figure out how much Mercer spent on politics in 2016.

We know that Mercer spent more than $49 million in 2016 (and the 2016 election cycle).

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We know, too, that he has made investments in businesses he was involved in, although not necessarily in 2016. More on that in a bit.

That $49.8 million was split in two pieces. About $25 million was spent directly on politics, including that $2 million in dark money. An additional $25 million was donated to the Mercer Family Foundation.

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Let’s break down the political spending (which includes contributions in the 2016 cycle — meaning also in 2015).

The biggest chunk, $15.5 million, was spent on a pro-Trump PAC called Make America Number 1. That’s not what it was always called; during the Republican primary, it was called Keep the Promise, one of several PACs dedicated to electing Sen. Ted Cruz (R-Tex.) president. The Mercers, you may recall, switched to Trump in the middle of 2016. The campaign then started using Cambridge Analytica, Mercer’s data firm, to supplement its voter outreach and hired Kellyanne Conway from Keep the Promise.

The next largest investment was to a PAC associated with John Bolton, recently named President Trump’s third national security adviser. (Bolton’s PAC spent some of that money on Cambridge Analytica as well.) The $2 million spent on Secure America Now was the third largest expense from a PAC or campaign.

Campaigns, in light blue at the top of the chart, could accept only a few thousand dollars. This is one reason billionaires like Mercer give to PACs that do outside advocacy: There are no limits to how much they can spend.

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We’ve named the other businesses to which Mercer may have contributed: Breitbart News, Cambridge Analytica and a film-production company called Glittering Steel. We don’t know how much he may have spent with each company. Each, though, was engaged in 2016 politics. (Glittering Steel was paid by the pro-Trump PAC to presumably make ads, although some have questioned that arrangement.)

Other political committees that received at least $100,000 from Mercer:

  • Kelli PAC (affiliated with Kelli Ward), $700,000
  • Warrior PAC (supporting Rob Maness), $600,000
  • Fighting for Ohio Fund (supporting Sen. Rob Portman), $500,000
  • Black Americans for a Better Future, $425,000
  • Republican National Committee, $300,600
  • Believe Again (supporting Bobby Jindal), $250,000
  • Club for Growth Action, $250,000
  • State Conservative Reform Action PAC, $250,000
  • Team Ryan (House Speaker Paul D. Ryan), $244,200
  • Campaign for American Principles, $136,000
  • National Republican Senatorial Committee, $133,600
  • Silver State PAC Inc., $100,000
Now let’s break out that $25 million Mercer gave to the Mercer Family Foundation. The nonprofit foundation files an annual report called a 990 articulating where its money was spent. In 2016, it spent about $19 million — meaning that Mercer’s contribution alone covered the foundation’s outlays.

We can look at the foundation’s spending in four groups:

  • Donations to conservative think tanks (in green below)
  • Donations to organizations that bolster conservative political causes (in light blue)
  • Donations to organizations focused on questioning climate science (the lightest shade of green)
  • Donations to educational or arts groups (middle shade of green)
About $6 million of the Mercer contribution wasn’t spent. The biggest beneficiary of the money that was spent is Donors Trust, an umbrella organization for conservative nonprofit organizations.

The next biggest recipient is the Media Research Center, which works to undercut mainstream media reporting and boost conservative media. (Among other things, it operates the anti-mainstream media site NewsBusters.) Media Research Center is one of those edge cases: It polices what it considers liberal bias in the media, with the net effect of aiming to boost conservatives in politics.

The foundation also gave $2 million to the Government Accountability Institute, which aims to expose corruption in government. A bit lower on the list is Reclaim New York, a nonprofit organization that promotes engagement in local politics.

Other foundation donations went to overtly or implicitly political groups:

  • $500,000 to the Republican National Convention in Cleveland
  • $500,000 to a group doing voter registration at NASCAR races
  • $250,000 to the American Conservative Union, which runs the Conservative Political Action Conference
  • $250,000 to the anti-union Center for Union Facts
In total, we estimate that $5.2 million went to such groups from the foundation.

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In total, including money paid by the foundation, Mercer probably spent about $30 million directly on political campaigns, and gave to political PACs and nonprofit groups and through his foundation. (The foundation is directed by his daughter Rebekah Mercer, who works closely with Mercer on political issues.)

That number could grow, depending on whether other dark-money groups inadvertently reveal their donors to curious reporters.

https://www.washingtonpost.com/news...on-politics-in-2016-likely-topped-30-million/


Trump’s billionaire backers funded these Islamophobic Facebook ads
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The Arc de Triomphe bears an ISIL-French flag in the Mercer-backed video. (Screenshot/Welcome to the Islamic State of France)
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Written by

Max de Haldevang
Obsession
"America First"
April 05, 2018
“Welcome to the Islamic state of France,” a curiously accented woman says. The minute-long film proceeds to show a veiled Mona Lisa, a man being shot in the head, Notre-Dame cathedral turned into a mosque, and a Paris bistro closed for Ramadan.

This isn’t the sequel to Michel Houellebecq’s controversial satirical novel Submission. It’s a political ad, targeted at swing voters during the 2016 election via Facebook and Google, and funded in part by a top Trump backer, the secretive billionaire Robert Mercer, according to an investigation by the Center for Responsive Politics NGO.



This wasn’t the only such ad that voters in Nevada and North Carolina had pushed on them. They were also treated to an imagined “Islamic State of Germany,” where the Black Forest is riddled with mines, daughters are for sale, and beer and pork are banned at Oktoberfest. How did this happen? Germany allowing in Syrian refugees, we are told. More than a million people have watched the YouTube version of the video.



The “Islamic States of America” promo is even less subtle. “Weak leaders who have allowed unsecure borders and Syrian refugee immigration enabled our Jihadi fighters to infiltrate and overtake America,” a robotic-sounding woman announces. LA’s “Hollywood” sign has been replaced with “Allahu Akbar,” gay people have to drink from lower water fountains than straight people, and the Statue of Liberty is—you guessed it—veiled.



Mercer, a former backer of Breitbart News, gave $2 million to little-known organization Secure America Now (SAN), which produced the videos, in 2016, according to tax documents (pdf) obtained in the investigation. Ronald Lauder, heir to Estée Lauder, gave $1.1 million to SAN.

Bloomberg reported in October that Facebook and Google actively worked with SAN to help target the campaign at voters in swing states and open Senate races. They reportedly racked up millions of views.

Mercer also poured funds into Cambridge Analytica, the research company that gathered the data of 50 million Facebook users without their permission and used it to target potential Trump voters.

https://qz.com/1245777/trump-funder...aid-for-islamophobic-facebook-and-google-ads/


Robert Mercer and Jewish leader Lauder paid millions to target anti-Muslim ads at swing voters: report
DAILY SABAH
ISTANBUL
Published

Donald Trump shakes hands with Ronald Lauder, President of the World Jewish Congress, after a meeting on December 28, 2016 at Mar-a-Lago in Palm Beach, Florida. (AFP Photo)
Billionaire computer scientist Robert Mercer, a top Trump supporter, and Ronald Lauder, the president of the World Jewish Congress and the heir to the Estee Lauder fortune, spent millions of dollars for a secretive group that ran anti-Muslim campaigns on social media.

According to a report citing by the watchdog group Open Secrets citing IRS documents, the group Secure America Now gathered the money needed for its Islamophobic campaigns mainly from three donors; Mercer, Lauder and a pro-Trump secret money group called 45Committee.

Mercer has been under serious scrutiny over its role in bankrolling Cambridge Analytica's operation to improperly harvest information from over 50 million Facebook accounts to help Donald Trump win the 2016 presidential election.

Secure America Now's ads, which were especially targeting voters from swing states like Nevada and North Carolina, featured mock travel ads showing western countries being occupied by Daesh, fueling fear and hatred.

In one ad, viewers are invited to "celebrate the arranged marriages of future jihadi soldiers" at a pork- and alcohol-free Oktoberfest in "Islamic State of Germany." Days before the 2016 elections, the group started sharing its final ad, in which the Statue of Liberty wears a burka and the Hollywood sign is changed to "Allahu Akbar."

The Open Secrets report said Secure America Now worked hand in hand with Facebook and Google to find target audience in swing states who were most likely to be receptive to their messages.

A Bloomber report published in October said "Facebook advertising salespeople, creative advisers and technical experts competed with sales staff from Alphabet Inc.'s Google for millions in ad dollars from Secure America Now."

According to the report, the group did not target the American people in general but focused on the voters that could play a critical role in choosing the next U.S. president and it did it with the help of Google and Facebook.

https://www.dailysabah.com/americas...target-anti-muslim-ads-at-swing-voters-report
 
they gonna make an example out of dude, he talkin about abolishing the irs..

lol I give him credit he got balls... but they gonna make sure he

gets got..

they dont want that idea spreading and becoming conservative talkin points..
 
they gonna make an example out of dude, he talkin about abolishing the irs..

lol I give him credit he got balls... but they gonna make sure he

gets got..

they dont want that idea spreading and becoming conservative talkin points..

I asked the IRS via their twitter if he's going to get an extension and how that works. Considering others have been hounded and even jailed for owing thousands. I'm not sure if they'll get back to me but I'll tag them about him from time to time in case they forgot or get too busy with so many little people.
 
I asked the IRS via their twitter if he's going to get an extension and how that works. Considering others have been hounded and even jailed for owing thousands. I'm not sure if they'll get back to me but I'll tag them about him from time to time in case they forgot or get too busy with so many little people.

yea get in their hypocritical ass...
 
It would be even greater if a couple hundred or thousand or even million of us were asking them the same thing.

another question should be, where is out money going, how are they losing trillions of it, without a trace and nobody is held accountable...??

and why are they giving our money away to entities with zero accountability...?
 
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