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still_one

(92,242 posts)
Tue Aug 18, 2020, 10:00 AM Aug 2020

Not surprised, but on Bloomberg it was mentioned that Larry Ellison of Oracle fame is a trump

Supporter.

Peter Thiel was a trump supporter in 2016, but is distancing himself from trump this time, not because he is a racist, sexist, and bigot, but because he thinks trump might lose

Elon Musk is coy about his support for trump, but he has said he is considering Kanye West

These specific billionaires, and much of Wall Street have no moral compass







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Not surprised, but on Bloomberg it was mentioned that Larry Ellison of Oracle fame is a trump (Original Post) still_one Aug 2020 OP
It's not that Ellison and other billionaires support Trump, vlyons Aug 2020 #1
That is true, but that support indicates to me they do not have issues with supporting a racist, still_one Aug 2020 #3
exactly, they don't get a pass just because their reasons are taxes JI7 Aug 2020 #8
Ellison supports an admitted sexual predator and racist, that's not normal uponit7771 Aug 2020 #2
No moral compas get the red out Aug 2020 #4
I think it generally requires a seriously screwy moral compass to become a Neema Aug 2020 #5
👆👆👆 Exactly. crickets Aug 2020 #9
Under The Radar Corruption LessAspin Aug 2020 #6
Larry Ellison joins Peter Thiel in Trump's camp LessAspin Aug 2020 #11
Remember that ORACLE is an acronym JonAndKatePlusABird Aug 2020 #7
My friend's brother was a senior exec at Oracle bdjhawk Aug 2020 #10

vlyons

(10,252 posts)
1. It's not that Ellison and other billionaires support Trump,
Tue Aug 18, 2020, 10:05 AM
Aug 2020

but that the greedy SOBs want to keep their tax cuts and corporate welfare going.

still_one

(92,242 posts)
3. That is true, but that support indicates to me they do not have issues with supporting a racist,
Tue Aug 18, 2020, 10:09 AM
Aug 2020

sexist, and bigot

Neema

(1,151 posts)
5. I think it generally requires a seriously screwy moral compass to become a
Tue Aug 18, 2020, 11:08 AM
Aug 2020

billionaire in the first place. After a few hundred million there's no way you or your children could possibly spend it all, so it's just hoarding after that. Sure, some of them are philanthropic, but nothing that really puts their vast fortunes at risk. I'd rather they just pay their fair share in taxes and pay their workers fairly, than donate what amounts to pocket change to pet causes.

LessAspin

(1,155 posts)
6. Under The Radar Corruption
Fri Aug 21, 2020, 09:11 PM
Aug 2020

With so much blatant corruption taking place in this regime this one flew in under the radar...




No. Not under the Mackinac Bridge. Under the radar...

How Trump's favorite tech company could win TikTok
Oracle is a rare creature: a tech giant that's managed to remain fully in President Trump's good graces. Now, that position could help it end up acquiring TikTok over Microsoft.

Between the lines: Typically, a company's relationship with the president would have little bearing on who prevails in competing M&A bids. But these are atypical times.

What's happening: Oracle has been holding talks with other investors on putting together a bid for TikTok, the Chinese-owned social video app that Trump intends to ban on national security grounds unless it's sold to an American company by next month.

Trump endorsed the idea of the deal this week, calling Oracle founder and Trump fundraiser Larry Ellison a "tremendous guy" and saying, "Oracle would be certainly somebody that could handle it."

The development pits Oracle against Microsoft, which is already engaged in talks with both Beijing-based TikTok owner ByteDance and the White House on a deal. Other tech companies including Twitter have also been rumored to be potentially interested.

The catch: The White House has an unusual amount of say in picking winners and losers in the competition for TikTok because of the mechanism for reviewing any proposed deal...

https://www.axios.com/how-trumps-favorite-tech-company-could-win-tiktok-7a42b950-e0a5-446d-b49e-21edd083d116.html



LessAspin

(1,155 posts)
11. Larry Ellison joins Peter Thiel in Trump's camp
Sat Aug 22, 2020, 12:13 PM
Aug 2020
Larry Ellison, the co-founder and executive chairman of Oracle Corp., is a fierce competitor, to put it mildly. This is a man who helped build a $177-billion company, and who likes to unwind by funding ludicrous hydrofoiling racing catamarans.

Increasingly, Ellison’s company is competing with the cloud computing wing of Amazon.com Inc., and he does it with zeal. Oracle funded an anti-Amazon group called the “Free and Fair Markets Initiative” to attack the rival. Oracle also worked desperately to derail Amazon’s bid for JEDI, a lucrative Defense Department cloud contract, going so far as to sue the federal government, alleging it illegally favored Amazon.

Now, Ellison is making friends with his enemy’s enemy, who happens to be the president of the United States. On Wednesday, Ellison will host a fundraiser for President Trump at his home in Rancho Mirage, Calif. Top contributors are expected to shell out $250,000 for a photo, a golf outing and a round-table discussion...

Is Ellison’s interest in Trump inspired by their shared contempt for Bezos? Who knows? On the one hand, it’s not out of character for Ellison to raise money for Republicans. He backed Marco Rubio in 2016.

Then again, backing Trump is uniquely controversial. Recode called Ellison “one of Silicon Valley’s most eccentric and independent-minded leaders,” observing that those traits might make him immune to “blowback” from Oracle workers. Silicon Valley workers in general have become more activist; in November 2018 Google employees walked out over the company’s sexual harassment policies...

https://www.latimes.com/business/story/2020-02-15/larry-ellison-trump

https://www.democraticunderground.com/1016247710

bdjhawk

(420 posts)
10. My friend's brother was a senior exec at Oracle
Sat Aug 22, 2020, 12:49 AM
Aug 2020

He retired and he and his wife lead the global high life off of their astronomical wealth from ORCL stock. They went to the fundraiser at the $250,000+ level. I have seen their photo with Rump (and, yes, Rump’s hands look tiny next to this guys!!). My friend said her brother has been really squeezed by Ellison over the years to financially support other right wingers but most especially Rump in recent years.

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