Loomer Unleashed - August 10, 2023


Tik-Tok's Pro-CCP Billionaire Investors Donate Millions to DeSantis's Presidential Campaign

Hosted by
Laura Loomer
Mentioned
Ron DeSantis Donald Trump Ken Griffin Meet Jeff Yass Doug Leone Sequoia Hunter Biden Citadel Kevin McCarthy Gavin Newsom Xi Jinping Joe Biden Behind Getter
Making the Case for President Trump over Ron DeSantis REMASTERMaking the Case for President Trump over Ron DeSantis REMASTER From Guantanamo to the…White House? Why Warmonger John Bolton Loves Ron DeSantis

Episode Stats


Length

14 minutes

Words per minute

163.94

Word count

2,440

Sentence count

103

Harmful content

Hate speech

5

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Ron DeSantis is a candidate running for President in the 2020 Republican primary, but behind the scenes, he s getting a lot of money from some of the biggest investors in TikTok, the parent company of TikTok. In fact, two of his biggest campaign donors, Doug Leone and Ken Griffin, are both affiliated with the Chinese Communist Party.

Transcript

Transcripts from "Loomer Unleashed" are sourced from the Knowledge Fight Interactive Search Tool. Explore them interactively here.
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:01.000 Hey everybody, welcome to a new episode of Loomer Unleashed.
00:00:04.000 I'm your host, Laura Loomer.
00:00:06.000 And on today's episode, we're going to talk about how Ron DeSantis has completely sold out to the Chinese Communist Party via his donors in Wall Street and Big Tech. 0.93
00:00:16.000 Now, you may have heard Ron DeSantis publicly say things like, as governor of Florida, he's been tough on China.
00:00:22.000 As governor of Florida, he's called for a ban on TikTok.
00:00:26.000 And most recently on the campaign trail while visiting the state of New Hampshire, Ron DeSantis said that he would consider a ban on TikTok if he were President of the United States.
00:00:37.000 However, there's just one big problem with Ron DeSantis' statement that he's going to somehow be Tough on China, economically speaking, and that he's going to ban TikTok.
00:00:47.000 And that's the fact that some of his biggest campaign donors for his presidential campaign and some of the largest donors who are donating millions of dollars to the Never Back Down Super PAC, which is the official Ron DeSantis for President Super PAC, happen to be some of the biggest investors in TikTok itself.
00:01:05.000 Let's take a look.
00:01:06.000 Now at the end of July, the financial reports for super PACs were released.
00:01:10.000 And as you know, I'm always sifting through financial reports and FEC forms with my fine tooth comb.
00:01:16.000 And what did I discover when I was looking at the Never Back Down PAC reports?
00:01:21.000 Well, I discovered the fact that Doug Leone, who happens to be one of the global managing partners at Sequoia, which is one of the largest venture capitalist firms in the country that has significant ties to the Chinese Communist Party, he donated $2 million to Ron DeSantis' Never Back Down PAC. Now,
00:01:40.000 why is Doug Leone's $2 million contribution to the Never Back Down Pack of significance?
00:01:45.000 Well, it's because in his position as one of the global chairman of Sequoia Capital, it's important for people to understand that Sequoia is the largest U.S. venture capital funder in China.
00:01:56.000 And they also happen to own 10% of ByteDance, which is the parent company of TikTok.
00:02:02.000 And recently, Sequoia announced that they've decided to partner with Ken Griffin of Citadel Securities, giving them a $1.5 billion cash infusion and allowing Ken Griffin to enter the stock and bonds market in China.
00:02:16.000 Sequoia Capital happens to be one of the largest venture capitalist funds in China to date.
00:02:23.000 And that, of course, means that they are heavily plugged into and associated with the Chinese Communist Party.
00:02:30.000 How exactly does Ron DeSantis plan on being tough on China?
00:02:33.000 And how does Ron DeSantis plan on banning TikTok when two of his biggest donors, Ken Griffin and Doug Leone of Sequoia, are bankrolled by the Chinese Communist Party?
00:02:45.000 This is going to pose a massive conflict of interest and a big problem for Ron DeSantis, who is clearly being strung along by his billionaire donors in Wall Street and Big Tech, Who are encouraging Ron DeSantis to modify, change,
00:03:00.000 and are even influencing his foreign policy decisions.
00:03:03.000 But don't take it from me, take it from Ron DeSantis.
00:03:06.000 At a recent fundraiser for Ron DeSantis' presidential campaign that was hosted in California's Central Valley by donors of Kevin McCarthy, who also happened to be donors of Gavin Newsom, by the way, Ron DeSantis told these donors that he doesn't agree with President Trump's policy on being tough on China,
00:03:23.000 particularly as it relates to tariffs on China.
00:03:27.000 Ron DeSantis expressed support, rather, for open trade.
00:03:31.000 And this is no surprise given the fact that Ron DeSantis himself has been supported in the past, dating all the way back to his time as a member of the United States Congress, by the Club for Growth, or as President Trump likes to call them, the Club for China Growth.
00:03:45.000 Now, as governor of Florida, Ron DeSantis claims that he signed legislation that would keep TikTok off of government devices and out of Florida schools.
00:03:54.000 However, it appears that while running for president and trying to amass a war chest of millions of dollars in his effort to undermine the MAGA America First movement and make it so that Donald Trump cannot secure the GOP nomination, Ron DeSantis seems to have a different public position than his private position.
00:04:12.000 You see, publicly, he tells people that he wants to ban TikTok, but behind closed doors, he's taking money from some of TikTok's biggest investors.
00:04:19.000 Now that I showed you how Doug Leone of the CCP-tied Sequoia Capital Firm donated $2 million to Ron DeSantis' Never Back Down PAC in an attempt to buy political influence and have a revolving door of access for the CCP in the White House, regardless of who gets elected as president,
00:04:36.000 I'd like to introduce you to another CCP-tied donor who is bankrolling Ron DeSantis.
00:04:43.000 Meet Jeff Yass.
00:04:43.000 Jeff Yass is a Pennsylvania billionaire and investor who in 2005 founded a venture capital firm called SigChina.
00:04:52.000 SigChina was established with the purpose of investing in emerging Chinese technology.
00:04:58.000 Why does this matter?
00:04:59.000 Well, given the fact that Jeff Yass has a net worth of $33 billion and he happens to be the wealthiest man and the wealthiest billionaire in the state of Pennsylvania, it's important to note that most of Jeff's wealth comes from his investment in ByteDance,
00:05:15.000 which, of course, as mentioned before, is the parent company for TikTok.
00:05:20.000 Now, according to financial reports, on February 7th, 2023, Yas, who is one of the largest investors into TikTok, donated $2.5 million to Ron DeSantis' state committee PAC in an effort to support Governor Ron DeSantis after he had already secured a second term as governor of Florida.
00:05:38.000 Yass has also expressed interest in supporting Ron DeSantis' presidential campaign.
00:05:43.000 And not only that, but according to FEC reports, in this year alone, Jeff Yass has contributed over $15 million to the club for growth.
00:05:53.000 Why does this matter?
00:05:54.000 Well, the Club for Growth is notoriously anti-Trump.
00:05:57.000 In 2016, when Ron DeSantis was a Congressman and Club for Growth was praising him as a member of Congress and giving him a glowing review, especially given the fact that as a member of Congress, Ron DeSantis both signed off on and voted in favor of the TPP. Which Donald Trump has publicly condemned and even went so far as to remove when he was President of the United States.
00:06:18.000 The Club for Growth has publicly said that they will not be supporting Donald Trump for re-election in 2024 and will instead be focused on other candidates who they say actually have a chance of winning the general election.
00:06:29.000 Now it's no secret that Club for Growth has aggressively opposed Donald Trump's tough on China trade policies and Club for Growth itself is notorious for being a free trade organization that opposes all tariffs on Chinese trade.
00:06:42.000 Given those facts, it's no wonder why the Club for Growth is lining up to support Ron DeSantis and his presidential campaign.
00:06:48.000 And let's not forget that when Donald Trump was in the White House during his first term, he publicly stated that he wanted to ban TikTok.
00:06:56.000 And of course, in response to those statements, Donald Trump received a lot of public backlash.
00:07:00.000 So given the fact that we are now once again in a presidential election year, it's no surprise as to why some of these We're good to go.
00:07:26.000 Donors and billionaires like Ken Griffin, Doug Leone, and Jeff Yass are ensuring that there will be a constant revolving door of access for all of them and their business associates as well as the Chinese Communist Party to have access to the White House.
00:07:41.000 Very much like we see as the current situation with Joe Biden and Hunter Biden who have completely sold our country out to the Chinese Communist Party. 0.79
00:07:49.000 So while Ron DeSantis can publicly tell people that he wants to ban TikTok as a way to protect children and to stop data mining and that he's going to make sure that a key part of his economic policy is being tough on China, as he recently told the Wall Street Journal this last week,
00:08:05.000 his actions and his fundraising reports suggest the exact opposite.
00:08:09.000 Now, you may have heard some people say, oh, we have to vote for Ron DeSantis because Ron DeSantis is basically Trump without the baggage.
00:08:16.000 But as I have clearly shown you in this video, that couldn't be further from the truth because Ron DeSantis and Donald Trump clearly have opposite views when it comes to how to deal with China and our economic trade policy with foreign nations.
00:08:31.000 While Donald Trump is not an advocate of free trade, Ron DeSantis and his associates at Club for Growth I think?
00:08:54.000 While speaking at a conference in China, Wall Street billionaire and Citadel CEO Ken Griffin publicly said that he is looking to support Ron DeSantis' presidential campaign.
00:09:04.000 And during the same conference, he actually praised China's communist leader, Xi Jinping, for his commitment to, quote, accelerating China's economic growth.
00:09:13.000 Now I think that it should set off a lot of red flags and alarms that Ron DeSantis' top donor, Ken Griffin, who according to financial reports gave him $5 million for his re-election campaign, is saying publicly that investment in China is a center of focus for his company Citadel.
00:09:32.000 Do we really want to elect somebody as president of the United States who is bankrolled by billionaires who are completely compromised by the Chinese Communist Party? 0.96
00:09:40.000 I don't think so.
00:09:41.000 We've already seen on both sides of the political aisle, whether it's Ron DeSantis or Joe and Hunter Biden, how dangerous it can be when our politicians allow themselves to become slaves of corporate interests and foreign nations.
00:09:53.000 Getting our country back on track and restoring an America first strong economy means decoupling ourselves from China. 1.00
00:10:00.000 This is something that Ron DeSantis' hedge fund billionaire donors, people like Jeff Yass, Ken Griffin, and Doug Leone, Completely opposed and that's exactly why they are supporting Ron DeSantis as opposed to Donald Trump.
00:10:13.000 Along with donating $5 million to Ron DeSantis' re-election campaign, Ken Griffin of Citadel received a $1 billion investment from Sequoia Capital in 2022.
00:10:24.000 This is a considerable financial backing that helped facilitate Ken Griffin's re-entry into China after an enforced exit by the Chinese Communist Party five years prior.
00:10:34.000 Ken Griffin, Citadel, what a guy he is.
00:10:37.000 Where are you Ken?
00:10:38.000 Where the hell is Ken?
00:10:39.000 And what does this mean with regards to the 2024 presidential election?
00:10:43.000 Well, it means that financial powerhouses Citadel and Sequoia, along with the Chinese Communist Party, clearly have a vested interest in seeing Ron DeSantis in the White House.
00:10:54.000 We're good to go.
00:11:10.000 And what does this mean?
00:11:11.000 Well, for people like Ken Griffin and Doug Leone and Jeff Yass, it means that they're going to get richer.
00:11:15.000 And for Ron DeSantis, it means that his campaign coffers are going to be flooded with millions of dollars of more donations.
00:11:22.000 But for the average American, they're going to be left paying the ultimate price as American manufacturing and products and labor is shipped overseas to China.
00:11:29.000 It's pretty obvious that Ron DeSantis will say and do anything if it means getting a large financial contribution from a Wall Street or hedge fund billionaire.
00:11:37.000 My policy was, you know, if you want to give money to me, I'll take any lawful donations.
00:11:43.000 We've seen the financial reports and there's no reconciling the fact that he can't have his cake and eat it too.
00:11:49.000 Ron DeSantis can't be telling voters on the campaign trail that he's going to have an economic and trade policy that's tough on China and that he's going to ban TikTok for the sake of improving our national security and protecting children from predators online.
00:12:02.000 And then Behind closed doors at his swanky fundraisers, be taking millions of dollars in donations from some of the largest investors into ByteDance, which is, of course, the parent company of TikTok.
00:12:13.000 There's a reason why Ron DeSantis' presidential campaign is being called an absolute disaster.
00:12:19.000 In fact, it's been described by many political consultants as one of the worst political rollouts in US history.
00:12:26.000 And as Ron DeSantis continues to lie through his teeth on the campaign trail and flip-flop on policy positions, as I just showed you, The choice is pretty clear for voters this election season.
00:12:48.000 Then perhaps they should vote for Ron DeSantis.
00:12:51.000 But if they wish to improve national security and have a president that's going to put America first as opposed to their rich Wall Street and hedge fund billionaire donors, as Ron DeSantis is doing, then you probably want to vote for Donald Trump, who has a tried and true proven history of being tough on China and always putting the American worker,
00:13:11.000 the American manufacturer, and the American family I'm Laura Loomer, and if you enjoyed this content, please be sure you subscribe to my sub stack, lauraloomer.substack.com.
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