Tuesday, October 3, 2023

No Labels seems to be a front for Wall Street and other big money


No Labels wants to qualify for the presidential ballot in all 50 states. It has big, dark money from very wealthy donors. However, leaks have indicated what types of interests are behind No Labels.

". . . .in 2018, the Daily Beast obtained "internal documents" that revealed "prominent executives from Fortune 500 companies and leading financial-services firms have contributed to No Labels' 501(c)(4) dark-money group and its affiliated 501(c)(3) charitable arm." The group received large donations from top executives running hedge funds and private equity firms, including Bain Capital, Centaurus Advisors, Oaktree Capital Management, Trian Fund Management, and Apollo Global Management." The group has also solicited donations from prominent Trump supporters, "including PayPal founder Peter Thiel, businessman Foster Friess, and Home Depot founder Ken Langone." The New Republic, citing an internal document, reported that between 2019 and 2021, No Labels received $130,000 from right-wing billionaire Harlan Crow."

In Arizona, No Labels was forced to register as a political party in order to get ballot access. Now, people have joined the No Labels Party and submitted applications to appear on the ballot. No Labels is suing because running candidates for state office would force them to comply with Arizona disclosure laws. The Secretary of State, Adrian Fontes, ruled that they cannot keep these party members off the ballot.

[NOTE: GMOM and its allies in For the People -- Maryland recruited volunteers to support the candidacy of Adrian Fontes as Secretary of State of Arizona.]

Charlie Cooper

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