“I think (the ultra-wealthy) actually have an insufficient influence, those who have enjoyed the benefits of our system more than ever now owe a duty to protect the system that has created the greatest nation on this planet.”
~Kenneth Griffin
Billionaire Hedge Fund Manager
A few things to know about this man:
#1 – In 2008 – he was a donor to President Obama until Democrats passed the Dodd-Frank bill which regulated hedge funds. It seems he’s pissed that he didn’t have more influence.
#2 – Since 2010 - he has been a MAJOR donor to the Republican party:
In the 2012 election cycle, Griffin has given $150,000 to Restore Our Future, the super PAC supporting Mitt Romney, and more than $560,000 to the Republican Governors Association. In recent years, Griffin and his wife Anne have given $800,000 to American Crossroads, founded by Republican strategists Ed Gillespie and Karl Rove.
#3 – He is a major supporter of the Koch Bros and their astroturf organizations:
The Griffins also have given approximately $1.5 million over time to David and Charles Koch‘s conservative causes, which operate under the umbrella Americans for Prosperity. Structured as a nonprofit, its donors are not disclosed, making it a lightning rod for advocates of campaign finance reform.
#4 – He is the founder and CEO of Citadel – one of the world’s largest hedge funds. He is worth approximately 2.3 billion.
#5 – He is a huge supporter and financial donor to the Mitt Romney campaign and Mitt Romney SuperPAC.
You can see video of him testifying to the House Oversight Committee in 2008 during the economic crisis HERE.
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[...] Obama in this year’s election. And no these billionaires who already think they have an “insufficient amount of influence” are not investing as much as $500 million into this election because they love this [...]
[...] gem from Romney donor – billionaire hedge fund manager Kenneth Griffin who actually said this HERE: “I think (the ultra-wealthy) actually have an insufficient influence, those who have enjoyed the [...]