California Investors Flock to Fuel Kamala Harris’s Campaign

0
378

California’s Kamala Harris pushes California’s lobbies and advisers into the Democratic Party’s top ranks. She also focuses on funding, political priorities, and California’s funding.

Californian Tony West is her brother-in-law and top Uber lawyer. According to people familiar with his role, he has been a crucial point of contact for major donors and business leaders.

California’s technology investors back Harris due to her “familiarity” with the tech industry, says Reid Hoffman. Hoffman is a Microsoft board member and a technology investor.

The rise of Californian interest groups within Democratic politics is a problem for a party that prides itself on being a champion of economic equality and middle-class families.

California’s wealthy investors and low-wage migrants are squeezing California’s once-envied Middle Class, ensuring California’s economic inequalities are higher than states like Arkansas and Mississippi

California housing prices, for example, are inflated because of elite support. This translates into a monthly average payment of almost $6,000 for Californians.

Zev Yaroslavsky told the Los Angeles Times that “everyone feels squeezed by the cost of living”, even the wealthy. The newspaper reported that “less than a quarter” of renters believed they would be able to buy a house in an area of L.A. they wanted to live.

Harris spent most of her childhood in Canada’s richest community, but she moved to California for her political career. She identifies as black. She was elected as San Francisco District Attorney in 2003, Attorney General of California in 2010, and Federal Senator in 2016. This gave her a large number of Californian donors and allies.

David Plouffe is one of Harris’s top aides. He runs Mark Zuckerberg’s pro-migration FWD.us group for West Coast Investors. In 2017, the California-based Zuckerberg-Chan Initiative hired him as a political consultant. He was born and raised in Delaware. In 20202, he combined his expertise and Zuckerberg’s money to help the Democratic candidate win the 2020 elections.

David Binder is her top pollster and he’s based in San Francisco. Brian Nelson, a Californian, is Harris’s chief policy official. Harris’ website does not include a platform for economic policy.

Tom Donilon, Anita Dunn, and other East Coast delegates of Joe Biden are being forced into exile by the Californian takeover. These East Coast deputies are rooted in government agencies, unions, and anti-poverty initiatives.

In his New York Times piece, Hoffman outlined the hopes of Californian investors.

…. We need a leader today who understands the importance of innovation in ensuring economic prosperity and global competitiveness.

The op-ed is telling in that it does not mention Harris’ support of the Extraction Migration policy, which was endorsed by Harris under the Biden administration. This policy relies on the government to boost the consumer economy of the tech sector by importing consumers, workers, and renters.

Hoffman’s article does not mention the goal of increasing American productivity. This would lead to higher wages and more prosperity for the average American. Larry Fink, CEO of BlackRock, is pushing this productivity option.

The article mentions international trade which allows Americans to sell their products more to foreigners, but it is only used to complain about President Donald Trump’s pressure on foreign governments to provide more opportunities to U.S. farmers and manufacturers.

Hoffman’s Op-Ed predicted Harris would keep taxpayer dollars flowing to investors’ projects despite her lack of any policy platform.

Vice President Harris has the opportunity to carry the torch that President Biden passed on to her in a direction that is explicitly pro-innovation. Biden, instead of tweeting to govern, passed bipartisan legislation such as the Inflation Reduction Act and Infrastructure Investment and Jobs Act which authorized hundreds of millions of dollars in new manufacturing construction and investments.

The op/ed was released as Americans watched an old video of Harris, who described so-called cloud databases as though they were floating above the earth:

Hoffman, on the other hand, slammed Donald Trump and complained about “a carnival of chaos” that has defined Trump’s tenure as a presidential candidate, president (and now again) presidential candidate.

“Mr. Hoffman claimed that Trump had spent much of his presidency meddling in the business affairs of American icons.” He regularly appeared to be threatening Amazon, whom he said was avoiding antitrust and taxes.

California’s tech lords complained under Trump that tariffs meant to assist U.S. producers also hindered the ability of their digital products and services to be exported overseas, and that restrictions on cheap-labor migration slashed $100 billion from the stock value of Fortune 500 companies.

Investors are supporting Trump and JD Vance as his vice president, both of whom have worked in the Valley’s investor sector. Elon Musk’s X social media company, for example, will benefit from Trump’s support of free speech.

Hoffman’s Op-Ed is a reflection of the change in attitude among West Coast investors who are now backing Harris. Harris will be expected to fund Valley priorities with taxpayer money plus more migrants. For instance, hundreds of people from the California-centered Venture Capital Sector have formed a group called “VCs for Kamala”, to support the Harris campaign.

We invest in, support, and look for entrepreneurs who are creating the future. We are pro-business, pro-American dream, pro-entrepreneurship, and pro-technological progress …. We can resolve [political problems] by engaging in constructive dialogue with institutions and political leaders willing to speak to us.

Harris’s campaign, which is backed by wealthy investors from New York, Florida, and other wealthy districts, also attracts support. Mark Cuban, a billionaire investor, said: “I have had conversations with Tony West and his team and find them to be very intelligent and open to any business ideas.”