Paypal's Peter Thiel donating $1.25 million to Donald Trump's campaign

[G_j]

http://money.cnn.com/2016/10/15/technology/peter-thiel-donate-trump-campaign/index.html

Peter Thiel donating $1.25 million to Donald Trump's campaign

By Laurie Segall and Aimee Rawlins October 16, 2016 00:05AM EDT

Peter Thiel is putting his money where his mouth is.
The billionaire PayPal cofounder is donating $1.25 million to Donald Trump's campaign, according to a source close to Thiel.

Thiel has been a vocal supporter of Trump -- one of the most prominent in Silicon Valley. He spoke at the Republican National Convention and made history when he declared on stage that he was proud to be gay.

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[JI7]

1. why ?

[edhopper]

3. My guess

Trump will lower his taxes and he doesn't give a shit about anything else.

[Mendocino]

2. Use paypal,

subsidize the right. I don't use it, ever.

[SHRED]

4. He co-founded Pay Pal with Elon Musk (Tesla)

I believe he is not involved with the company anymore.

[blogslut]

6. He sold his interest well over a decade ago.

I'm not saying that PayPal is a sterling company but it is not Peter Thiel's company.

[Mendocino]

7. I didn't mention Thiel, only paypal.

Paypal still is a donor to RW and libertarian causes. An example, in 2012 two Paypal execs joined together with Thiel to give $3.9 million to the Ron Paul campaign. When Paul failed, Thiel then gave a subsequent donation to Romney.

Yes Thiel did sell but it is uncommon for someone to leave a company they co-founded or had large assets with without retaining some connections; major stock holdings, Board of Directors, special "consultant" etc. Remember the cozy relationship Dick Cheney maintained with Halliburton.

[lpbk2713]

5. I'll dig a hole in my back yard.

As long as he's giving money away he can leave it there. It will do as much good.
Better as far as I'm concerned.