See more of our coverage in your search results.
Los Angeles’ capitalist-hating socialist candidates are having vast sums of cash funneled into their campaigns – from the very billionaires they openly despise.
Records show lefty City Attorneycandidate Marissa Royhas had a staggering $1.4 million from billionaire-backed super PACs pumped into her campaign to turn the DA’s office into a the biggest “public interest law firm” in Los Angeles — focusing on civil rights, corporate accountability and treating criminals with mental health and addiction diversion programs rather than prison.
Cop-hating councilmember Eunisses Hernandez, who also wants to increase taxes on corporations, has picked up $310,000 from the same groups, while Westsidecandidate Faizah Malik— who helped draft and defend LA’s ”mansion tax” on homes that sell for more than $5 million — has collected $200,000.
The cash flowing to political committees and super PACs – especially the Smart Justice California Action Fund, which is campaigning for lenient criminal justice policies – allows donors to pour in vast sums into local races with no contribution caps.
This strategy circumvents the strict limits on how much individuals can give directly to candidates.
Critics say the cash exposes the hypocrisy of the LA’s socialists – pitching themselves as champions of working-class Angelenos while benefiting from money tied to some of the richest people in America.
At the center of the funding network are four wealthy backers tied to tech and finance fortunes and progressive causes.
Patty Quillin, the wife of Netflix co-founder Reed Hastings, whose net worth is about $5 billion, Elizabeth Simons, daughter of late hedge fund titan Jim Simons, whose fortune peaked at roughly $30 billion; Kaitlyn Krieger, a Democratic donor married into a tech fortune worth hundreds of millions; and Quinn Delaney, an heiress to the $8 billion-plus Clif Bar empire.
Many of those donors don’t even live in Los Angeles — and are so wealthy they can afford private security, insulating themselves from the anti-police and soft-on-crime policies critics say they help to bankroll.
Source: California Post – Breaking California News, Photos & Videos
