Green Billionaire’s Wealth Makes Up 99 Percent Of Enviro-PAC’s Funds

steyerEnvironmentalist billionaire Tom Steyer shoveled nearly $7 million into his own Super-PAC, bringing his donation total to the group up to $18 billion, according to a Thursday report from The Associated Press.

Steyer’s funds account for nearly 100 percent of NextGen Climate Action Committee’s entire political war chest, a number totaling more than $7,000,620. Steyer has given the group $7,000,000.

NextGen Climate is turning into Steyer’s own private, clearinghouse, which can be used as a proxy to fund all manner of political campaigns.

America Rising Squared (AR Squared) Communications Director Jeremy Adler said in a press statement Thursday that Steyer is likely using the group to fuel a potential electoral campaign.“Tom Steyer is throwing a lavish party for himself and not inviting anybody else,” Adler said. “His vast personal fortune makes up more than 99 percent of his Super-PAC’s contributions, a statistic that is as embarrassing as it is self-serving, and it’s obvious the that the true purpose behind his massive political spending is to set the table for his own run for political office.”

“Tom Steyer is throwing a lavish party for himself and not inviting anybody else,” Adler said. “His vast personal fortune makes up more than 99 percent of his Super-PAC’s contributions, a statistic that is as embarrassing as it is self-serving, and it’s obvious the that the true purpose behind his massive political spending is to set the table for his own run for political office.”

Steyer, through NextGen Climate, and the Service Employees International Union (SEIU) are teaming up this election season to defeat Trump and elect his opponent, former Secretary of State Hillary Clinton.

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    Don

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    “$18 billion” must be a typo.

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    Amber

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    Steyer is apparently a hedge fund billionaire . $7 Million is tip money if that were the case . More disconcerting is the potential hijacking of the democratic process based on wallet size which seems to be the trend .
    Don’t hedge fund gamblers make money from energy commodity trades ?

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    GR82DRV

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    Behold the grand puppet-master! This guy makes the EVIL Koch brothers look like two-bit pikers, yet most liberals who loathe the Kochs have never heard his name.

    …and yes, that was a typo – should read “18 million”.

    “So far this election cycle, Steyer has given $18 million to the group. NextGen separately reported more than $9.4 million left to spend.”

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