Dark Money Network Funneled $600 Million to Liberal Initiatives in 2018
Democrats adopt once-derided strategy, building a massive money network that shields donors from scrutiny
Democratic donors have built a formidable dark money network to obscure the source of more than $600 million funneled to liberal groups and initiatives last year, tax forms show. The massive cash flow came from Arabella Advisors, a D.C.-based organization that says it provides "strategic guidance for effective philanthropy." In reality, the group does far more, funneling hundreds of millions of dollars in anonymous donations to some of the most influential advocacy groups on the left. Entities traced back to Arabella have invested more than $1 billion powering liberal activist and interest groups since President Donald Trump took office. The establishment of the complex network of nonprofits marks the Democrats' adoption of a once-derided Republican strategy: building a massive funding network that provides donors anonymity.
The practice came under heavy criticism from President Barack Obama and other top Democrats, who lambasted the use of dark money from right-leaning financiers such as the Koch brothers. Yet liberal groups have fully embraced its usage and are now doing so at a much higher level than Republicans: More than $150 million in dark money was spent throughout the 2018 election cycle, 54 percent of which came from liberal groups and only 31 percent from conservative groups.
Eric Kessler, a former Bill Clinton appointee and member of the Clinton Global Initiative, is the founder and head of Arabella Advisors. Kessler also established a series of so-called fiscal sponsors, groups that offer their legal and tax-exempt status to other groups that are not yet recognized as nonprofits by the IRS, including the New Venture Fund and the Sixteen Thirty Fund.
Since I put nothing past this cabal of DSer's. This has me wondering about a name connection here:
Epstein Tapes? Sordid Case Takes A Bizarre Turn After Mystery 'Hacker' Emerges
Shortly after Jeffrey Epstein's August death in a Manhattan detention facility, a shadowy figure claiming to have set up encrypted servers for the convicted sex offender told several attorneys and the New York Times he had a vast archive of incriminating evidence against powerful men stored on overseas servers, including several years worth of the financier's communications and financial records which allegedly showed he had vast amounts of Bitcoin and cash in the Middle East and Bangkok, and hundreds of millions of dollars' worth of gold, silver and diamonds. Going by the pseudonym Patrick Kessler, self-described 'hacker' said he had "thousands of hours of footage from hidden cameras" from Epstein's multiple properties, which included former Israeli Prime Minister Ehud Barak, lawyer Alan Dershowitz, and Prince Andrew, along with three billionaires and a prominent CEO, according to the Times.
According to excerpts viewed by The Times, Mr. Pottinger and Kessler discussed a plan to disseminate some of the informant’s materials — starting with the supposed footage of Mr. Barak. The Israeli election was barely a week away, and Mr. Barak was challenging Prime Minister Benjamin Netanyahu. The purported images of Mr. Barak might be able to sway the election — and fetch a high price. -New York Times.
Kessler complained that Mr. Boies and Mr. Pottinger were more interested in making money than in exposing wrongdoers. He pulled out his phone, warned the reporters not to touch it, and showed more of what he had. There was a color photo of a bare-chested, gray-haired man with a slight smile. Kessler said it was a billionaire. He also showed blurry, black-and-white images of a dark-haired man receiving oral sex. He said it was a prominent C.E.O.
The names seem to bare quite an interesting resemblance, one a phantom the other well known. Overreach on my part? or Could they really be this stupid??
Sauce for the 1st posted article: