The new Republican populism
Let’s drink once again to the salt of the Earth:
Timothy Mellon, a reclusive heir to a Gilded Age fortune, donated $50 million to a super PAC supporting Donald J. Trump the day after the former president was convicted of 34 felonies, according to new federal filings, an enormous gift that is among the largest single disclosed contributions ever.
The donation’s impact on the 2024 race is expected to be felt almost immediately. Within days of the contribution, the pro-Trump super PAC, Make America Great Again Inc., said in a memo that it would begin reserving $100 million in advertising through Labor Day.
The group had only $34.5 million on hand at the end of April, and Mr. Mellon’s contribution accounted for much of the nearly $70 million that the super PAC raised in May. On Wednesday and Thursday, the super PAC began reserving $30 million in ads to air in Georgia and Pennsylvania around the Fourth of July holiday.
Mr. Mellon is now the first donor to give $100 million in disclosed federal contributions in this year’s election. He was already the single largest contributor to super PACs supporting both Mr. Trump and Robert F. Kennedy Jr., who is running as an independent. Mr. Mellon has previously given $25 million to both.
I mean, have you seen what people working in the Gilded Age fortune inheritance mines have to pay for a bottle of 1982 Cheval Blanc these days? Uncle Joe Brandon must not be allowed to continue to crush people who have pulled themselves up by their bootstraps like this.
And speaking of the past isn’t even past…
From the FDR library. The more things change … https://t.co/NrX92MZri2 pic.twitter.com/6MjEEUgeuJ— David Lyle (@redclayprodigal) June 21, 2024
. . . [PC]: You know what turns people into irresponsible social parasites? Billions of dollars of inherited wealth Welfare, and lax immigration policies that let lazy Mexicans steal all the jobs:
Mellon’s self-published autobiography describes his political views.[14][15] Mellon called social safety net programs “Slavery Redux,” adding: “For delivering their votes in the Federal Elections, they are awarded with yet more and more freebies: food stamps, cell phones, WIC payments, Obamacare, and on, and on, and on. The largess is funded by the hardworking folks, fewer and fewer in number, who are too honest or too proud to allow themselves to sink into this morass.” Mellon wrote that as of 1984 (Reagan’s re-election campaign), “Something had obviously gone dreadfully wrong with the Great Society and the Liberal onslaught. Poor people had become no less poor. Black people, in spite of heroic efforts by the ‘Establishment’ to right the wrongs of the past, became even more belligerent and unwilling to pitch in to improve their own situations,” and that “Drugs rose to the level of epidemic. Single parent families became more and more prevalent. The likes of Jesse Jackson and Al Sharpton pandered endlessly to fan the flames.”[14]
In August 2021, Mellon donated $53.1 million in stock to the State of Texas to pay for construction of walls along the US–Mexico border.[16]
A glimpse into Timothy Mellon’s skills in handling the 31% of the world’s money that belongs to his family:
In 1999, Mellon purchased the Goodspeed Airport in East Haddam, Connecticut for $2.33 million. He sold it to New England Airport Associates, LLC in November 2020 for $891,000.
He moved from Connecticut to Wyoming in 2005, which is a pretty good metaphor for what’s happened to the old WASP oligarchy in this country.