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KamaAina

(78,249 posts)
Fri Feb 21, 2014, 05:53 PM Feb 2014

Big-time repuke donor backs raising the minimum wage!



http://blog.sfgate.com/nov05election/2014/02/21/billionaire-tech-star-peter-thiel-big-gop-donor-backs-12hr-minimum-wage-video/

Here’s more evidence that progressives and conservatives may find common ground on a key issue — billionaire tech star Peter Thiel, the San Francisco-based PayPal co-founder who’s given millions to GOP causes, leans toward supporting the idea of boosting the minimum wage to $12 an hour....

With his support, Thiel joins conservatives who include pundit Bill O’Reilly and who back the idea because it would make workers less reliant on taxpayer-supported benefits like welfare and food stamps.

We’ll say this: Thiel’s talk about “generous” and “distorted” welfare benefits could make some waves, given the net worth of the original outside Facebook investor is today estimated by Forbes at close to $2 billion.

The billionaire has donated millions to GOP causes; he gave $1 million to the anti-tax group, Club for Growth, and dropped nearly $4 million to the Endorse Liberty PAC to help the presidential campaign of Ron Paul in 2012.


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