Rebirth of England.
Chapter 743 Fair Vision
Chapter 743 Fair Vision
As of now, the main investor of a super political action committee called "Fair Vision" is IC Capital.
The predecessor of Fair Vision was a committee established by Ivanta to support some American politicians in elections. Currently, the committee has more than 2.5 million US dollars in funds. In addition to IC Capital, its investors also include Woaw Technology, Standard Chartered-Merrill Lynch Capital, Blue Valley Capital and many other companies...
"Super PAC" evolved from the Political Action Committee (PAC), and is a new thing that emerged after 2010. The Political Action Committee is a non-profit organization that has long existed in American society. Its role is to raise funds to support candidates or factions.
Many people may know that American law has restrictions on political action committees in terms of fundraising and financial support for candidates. Any individual or organization cannot donate more than $5000 to a political action committee per election.
But this was before January 2010, this year.
In fact, this rule has now changed due to a ruling by the United States Supreme Court.
In 2008, former First Lady Hillary Clinton ran as a candidate in the Democratic primary election. An organization called Citizens United produced a documentary attacking Hillary and intended to broadcast it on television, but a local court ruled that the documentary was essentially a campaign advertisement and violated election law provisions in terms of broadcast time and production costs.
“公民联合“于是将此事诉诸最高法院,2010年1月最高法院的9名法官以5比4的投票结果,裁定当时施行的相关选举法法规违宪。
According to this ruling, there should be no limit on the amount of donations that American business companies, labor unions and social groups can make to political action committees, and super political action committees came into being.
Of course, almost all of America’s super-rich and large companies have similar committees that they support, such as the Koch brothers, the Democratic Party’s biggest donors.
As one of the most well-known super-rich people in the United States, controlling Koch Industries, Americans call the Koch family the "Koch Octopus," referring to the Koch family's unparalleled influence, which is like an octopus with countless tentacles.
It is no exaggeration to say that before every election, candidates for the Democratic Party need to meet with the Koch brothers in turn, like an "interview", to seek their support.
In addition, there is another American super-rich man, who is also an old acquaintance of Barron - Bloomberg, the owner of Bloomberg. He is also a heavyweight. As a super-rich man with assets of more than 300 billion US dollars, he personally took part in the campaign, donated to himself, and ran for election.
In addition to serving as mayor of New York for three consecutive terms, Bloomberg has also participated in the US presidential election before...
Although its current influence cannot be compared with the above two, "Fair Vision" as a Super PAC has already participated in everything from the US general election to the congressional elections to the state legislature elections, and has extended its tentacles to deeper and deeper places.
If in the increasingly expensive American elections, you may invest $5000 million in a candidate and only get some tangible returns after he finally wins, then for a state legislator, a donation of $50 will make him grateful and open his heart to you.
If you have enough support from state legislators to members of Congress and even the President, then it will not be difficult to pass many related bills.
After all, these have always been the rules of the game in America. Under these rules, money is naturally transformed into power, or in other words, money is power.
This time, Ivanta sent her assistant not only to meet with State Senator Billy Porter, but she would not be involved in the case of David Smith. Her purpose was simple, which was to ensure that before the prosecution had solid evidence, they would not leak some related suspicions to the media in advance because of the rush for quick success. This would indeed affect the operation of the Sinclair Group and damage the interests of IC Capital as the major shareholder.
Moreover, as long as John Smith does not do anything stupid, even if the prosecution has doubts about the cause of David Smith's death, it will be difficult to find enough evidence to convict John Smith.
Ivanta just wants to make sure that the Attorney General of Maryland can be more sober. Of course, if this case can be successfully prosecuted, then given the influence of the Sinclair Group involved, he will immediately become a well-known figure.
But at the same time, if the conviction fails, then will the anger of Sinclair Group shareholders, including John Smith, whose interests have been harmed, be something that a state attorney general can bear?
...When the convoy drove into Cavendish Gardens, Fan Bingbing and his two children were already waiting there.
"Andy, call daddy."
When Barron held his daughter Belle in his arms, Fan Bingbing said to the cute boy beside her.
Andy was a little nervous. He held his mother's hand tightly, looked at the man in front of him with timid eyes, and whispered:
"dad……"
Barron knew that the child was a little shy because he rarely met them. He also held his son in his other arm:
"Have you ever listened to your mother obediently?"
"Have."
Andy looked very well behaved. Barron put the children down and then hugged the woman in his arms.
Yes, Barron came to the Magic City of China from Australia.
April was almost here, and before returning to London, he came to China again.
Unlike other children, Barron did not insist that he and Fan Bingbing's two children go to London. After all, in his heart, as a bond from their previous life, he did not object to his children receiving more education in China.
Although before this, Fan Bingbing often went to London or America to visit Barron and spend time with him, she was very happy that he could come to China specifically.
In addition to spending time with them, Barron will also pay attention to the development of Tianhe Capital when he comes to China.
Prior to this, Tianhe Capital's fund in Hong Kong, IE Fund, obtained extremely rich returns through its investment in the United States during the subprime mortgage crisis and its subsequent participation in short-selling the Japanese and Korean markets.
Some of these funds are used to invest in industries including Nanjing Automobile Group and Tianhe Real Estate. In addition, the IE Fund has also established an industrial investment fund called China Future, which will invest in some China projects.
Currently, Hua Xia Future’s largest investment is to hold 15% of Zhalang’s shares through acquisition and capital injection.
In the second half of last year, Zhalang launched a new project called Zhalang Weibo.
Barron certainly knows that the role of Zhalang Weibo in the future will be an important media platform. Therefore, the main purpose of his investment in Zhalang is to see the future development potential of Zhalang Weibo.
You know, most of the future market value of Zhalang Company will come from their holdings in Zhalang Weibo...
(End of this chapter)
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