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Billionaire Tech Investor Peter Thiel To Back Trump As GOP Presidential Candidate (techcrunch.com) 281

An anonymous reader writes: Billionaire tech investor, co-founder and former CEO of PayPal Peter Thiel has agreed to back Trump as a California delegate in Cleveland this summer. He will be one of 172 selected Golden State delegates headed to the Republican National Convention. His support for Trump contrasts many other leaders, like A16z's Marc Andreessen who has voiced his distaste for Trump, tweeting: "OH: Trump is like an Internet comments section decided to run for President." In the past, Thiel, who is a libertarian at heart, has donated $2.6 million to Ron Paul in 2012 and added $2 million to a Super PAC backing Ted Cruz's former running mate ex-HP CEO Carly Fiorina. He also gave $250,000 to Ted Cruz's bid for Texas attorney general in 2009.
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Billionaire Tech Investor Peter Thiel To Back Trump As GOP Presidential Candidate

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  • by beheaderaswp ( 549877 ) * on Tuesday May 10, 2016 @07:22PM (#52087733)

    "So this is how liberty dies... with thunderous applause..."

    Enjoy the slide down my dear countrymen. It's Mr. Toad's wild ride from here on out. Enjoy the political litmus tests and loyalty oaths...

    • by sittingnut ( 88521 ) <sittingnut.gmail@com> on Tuesday May 10, 2016 @07:31PM (#52087781) Homepage

      you think liberty was alive in a country that had clintons, bushes, obama, etc running it for decades?
      no wonder you live in movie delusions.

      • by msauve ( 701917 ) on Tuesday May 10, 2016 @07:43PM (#52087845)
        No more family dynasties. I'm done with Bushes, Clintons, Kennedys, Roosevelts, Harrisons, Adams, Madison/Taylors. With 320000000 people, Clinton and Trump (and the other runners) are the best the major parties can come up with? That says a lot about party politics in the US.

        Time for third parties to gain influence, as a step away from party politics.
        • Re: (Score:3, Insightful)

          Thiel represents a significant Republican demographic who would have in a saner political year supported Rand Paul. When the party hierarchy decided to shut out Paul before letting the people decide, Thiel and company say, "Let Trump burn the system down."

        • by thrich81 ( 1357561 ) on Tuesday May 10, 2016 @09:51PM (#52088529)

          The Roosevelts were kind of an anti-dynasty. The Theodore Roosevelt side of the family didn't support Franklin in his run for President, according to some PBS special I saw last year.. Also Theodore was a Republican and Franklin was a Democrat. They were among the best presidents of the 20th century, though, arguably #1 and #2. I'll take that dynasty.

        • Time for third parties to gain influence, as a step away from party politics.

          Reach out to your compatriots across superficial opinions that divide you and join up. The people does have real power, then; just look at how much happened as a result of the youth rebellion and hippie movement in the 60es and 70es - and they were stoned out of this world much of the time. It is no wonder those in power keep piling on the most outrageous controversies they can produce - as long as people think they are fighting over important issues, the elite can hold on to power. The truth is that most p

        • I think I've got a better idea.

          Government by random selection.

          You can't have family dynasties if the family dynasts have the same probability to be chosen as everybody else. Expensive campaigning is removed at a stroke, and gerrymandering for House makes no sense because there are no boundaries to gerrymander. Paying legislators ahead of time and expecting a return on investment doesn't work either, because the randomly chosen representatives won't be chosen again next time around.

          For electing a pr
          • Sortition is a good idea, but why water it down with this electoral college idea? Just select the president by lottery. What's that, it's way too risky? Well, maybe a king by another name isn't what a modern society should have in the first place...
        • Comment removed based on user account deletion
      • Not at all... this is the end game. Wait and watch. The owners of this country are now able to elect one of their own.

      • @sittingnut

        Care to substantiate any part of that disparaging comment?

        Last time I looked both the first and second amendments were in rude good health. Plus all other essential freedoms.

        Please don't confuse "freedom" with "I want things done my way", or "I'm angry about ... whatever" with "someone's encroaching on my freedom". Citizens will always have duties, will always face laws and regulations, will always need experts to formulate policy details for them and then administrate that policy, and will

        • Re: (Score:2, Insightful)

          by Stuarticus ( 1205322 )
          I think he supports classic American Freedom, freedom for oneself and solitary confinement for everyone else.
      • by allcoolnameswheretak ( 1102727 ) on Wednesday May 11, 2016 @03:34AM (#52089497)

        you think liberty was alive in a country that had clintons, bushes, obama, etc running it for decades?
        no wonder you live in movie delusions.

        What's your problem with Obama? It's not like he's from a political family dynasty.

        Quite the contrary. If a black guy named "Barack Hussein Obama" who had a muslim father can become the president of the United States, it gives me hope that freedom and democracy are alive and well in the US.

    • Re: (Score:3, Insightful)

      by Anonymous Coward

      Uh, yeah, the thunderous applause happened in 2008 for Obama.
      At least with Trump you aren't automatically called a racist and deemed wrong simply for disagreeing with him, which is why he'd be better than Hillary "war against women" Clinton.

      • At least with Trump you aren't automatically called a racist and deemed wrong simply for disagreeing with him...

        Well, you are right. It's agreeing with Trump that gets you called a racist.

      • ...and deemed wrong simply for disagreeing with him

        What does Bush II have to do with this?

    • by Livius ( 318358 )

      "So this is how liberty dies... with thunderous applause..."

      Don't forget Sith mind control. Much more elegant than the crude "advertising industry" and "lobbying" that our politicians use.

  • by martiniturbide ( 1203660 ) on Tuesday May 10, 2016 @07:32PM (#52087785) Homepage Journal
    ...to have more decent candidates.
    • by alvinrod ( 889928 ) on Tuesday May 10, 2016 @07:45PM (#52087861)
      In a free market you can only expect sellers to rise to the level of their competition. Both parties are pushing absolute garbage because the voters don't demand better.

      Compared to someone like Cruz, I think we lucked out with Trump.
      • Re: (Score:3, Insightful)

        by gcswt ( 4309907 )
        Our election system isn't a free market. It's a market with only two sellers that control all the voting districts, funding & campaign spending rules. We need a voting system that lets us reject who is on the ballot rather than be forced to choose from two political monopolies.
    • by msauve ( 701917 )
      Why single out the Rs? It's not like Bernie is going to win, or that anyone else with any ethical convictions is running for the Ds.
    • by SuperKendall ( 25149 ) on Tuesday May 10, 2016 @08:47PM (#52088207)

      The Republicans got a candidate that in the general election will bring in a huge number of Democratic votes - one poll shows Trump at 2x the support of minority voters as any other Republican candidate (like Romney) has had.

      Yes Trump will lose some women, but more because Hillary is running than because of Trump - and that doesn't really matter because again polls show Hillary losing as many male votes as Trump loses female. That part is a wash.

      Lastly Trump is finally a candidate who is not a political insider like Hillary.

      The Democrats had their chance to elect someone as good, Sanders, but they choose to go with the most ancient rapist-protecting white person they could find, so they are toast in the general election.

      The very first debate will seal the deal with Trump dancing verbal rings around Hillary.

      Some Republicans right now say they will not vote for Trump but Hillary is a rather powerful counterforce for that notion...

      • Hillary is probably the only candidate who could make someone like Trump able to win the election. She has even worse negatives and has just as many people who will never vote for her.

        We've somehow ended up with the two candidates with the highest negatives from people in general. For the Dems, that's because of their "superdelegates" originally supposedly setup as a quota system for minorities, but which coincidentally turned into ensuring the (D) party elite continue to control everything. For the Reps, that's because the candidates not name Trump split the non-Trump votes for too long across too many states because some guys named Rubio and (especially) Kasich refused to face reality and there are enough populist/celebrity (R) primary voters to form a sizable minority for anyone who tells them what they want to hear while pissing off their enemies in the left.

        Bottom line, I'm voting for who will select the next Supreme Court nominee. Trump will make a deal with a GOP Senate if he wins. Hillary will push another Obama-style appointee (albeit a rich one who can bribe her foundation?) through the Senate with her "mandate" if she wins.

      • by dbIII ( 701233 )

        Lastly Trump is finally a candidate who is not a political insider like Hillary.

        I keep seeing that but it's not his first run for President and he has effectively been an insider since the day he was born.

        • You should read more on Trump's history. Despite having money Trump has always been an outsider, because he was not from NYC proper originally. He's vastly farther away from being a political insider:

          1) Never been elected.
          2) Not from Harvard or Yale (how long ago do you have to look through presidents to find one that is not?)
          3) Not a lawyer

          You may think of him as the 1% because he is rich but the 1% generally do not really consider him to be "one of them". You know how it is in any group, some will not

          • So somebody with a great deal of political influence who was even born to it, and who has even run played politics to the extent of this not being his first run at President is still an outsider? It looks like the inside is a very tiny group by your definition. I consider your three points fairly worthless as a definition since they would even fit some of the "neocons" that hung around Washington for decades.
      • by Maow ( 620678 )

        The very first debate will seal the deal with Trump dancing verbal rings around Hillary.

        You keep spouting that bullshit, so I'll take the liberty of repeating myself:

        She stood face-to-face or toe-to-toe against her interrogators in the eleventeenth Benghazi! investigation and didn't break a sweat from what I heard.

        Trump got a couple tough-ish questions from Megyn Kelly and had a tantrum.

        Unless he buries her with a Gish-Gallop(?) stream of conscience bullshit from start to end (which is entirely possible), I wouldn't count her out yet in any debates.

        • Wow, she was able to stay TOTALY STILL in a hearing!

          Freezing up certainly will look awesome on national TV while Trump ridicules her mercilessly! Good luck with that.

          You said "Trump had a tantrum" but whatever "Tantrum" trump had seemed to have value to voters, as his poll numbers only climbed... funny that people prefer other people over robots.

      • by AmiMoJo ( 196126 )

        Not sure where you are getting your numbers from, but Clinton is the most unpopular candidate in history... Except for Trump, who is 2x as unpopular as she is.

        Trump has enough support within the fractured GOP to get the nomination, but it's far from certain that even his own party will unite behind him, let along if he can attract much support from outside it. His disapproval rating is off the charts with minorities, women, people with a > high school education, Bernie supporters...

  • by Anonymous Coward on Tuesday May 10, 2016 @07:33PM (#52087795)

    so I feel I can make an observation. I've noticed over the last 30 or so years that people have lost the art of public discourse. No one can disagree anymore without resorting to hateful vitriol, slinging insults, rioting in the streets. I don't get it. It's one thing to have a sense of justice, but quite another to act out.

    People confuse freedom with permissiveness. Freedom is the ordered pursuit of the good (or at least that's how I was taught). These days, if someone votes differently, acts differently, they are a bigot, a hater, a misogynist. It's time to restore decent public discourse.

    Peter has a right to back whomever he wishes, despite what we may think. We don't have to lambast him for his God-given rights. You would not want people to lambast you for your choices.

    • by Anonymous Coward on Tuesday May 10, 2016 @07:41PM (#52087833)

      I absolutely expect that public figures get lambasted for their political positions. That's part of freedom: you get held responsible for your choices, particularly if you make them PUBLIC.

      Public discourse isn't about being nice. Or tolerant. It's about ideas, and if your ideas suck, then I get to call you out on that.

      I'm not interested in people saying "Oh, Mr. Trump, that idea isn't really a good one. Maybe you might want to change it a little, to make it more nice." I'm interested in calling a spade a spade, and a bigot a bigot. Because that's what much of the rhetoric absolutely is: blatant bigotry.

      We've tried to cover up bigotry behind nice phrases and accommodations for too long. Better for it to be out in the open than hidden in niceties.

      • Re: (Score:2, Insightful)

        by gcswt ( 4309907 )
        He's afraid of Muslims and he's concerned about a border that really needs some retooling. Reserve bigot for someone that actually believes a race is inferior. Ignore people's concerns about those subjects at your own risk. I don't think we need a wall and I don't think Muslims should be banned from the United States, but I can see how some Americans have been negatively impacted by the border and I can see how terrorism in Europe has been the result of not so great immigration policies (vetting) and I ca
        • You think being afraid of a religion is NOT bigotry ? Do you also oppose us calling homophobes bigots ?

          Bigot is not a synonymn for racist.

          Even then he still IS a racist, the son of a racist (look it up - Fred Trump was probably the single most racist landlord in US history and a huge Hitler sympathizer) who definitely agrees with everything daddy said. You don't have to hate a particular race to be racist, you only have to think your own is better.

          I've seen trumpeters claiming he isn't a racist because "Me

    • by Anonymous Coward

      I fucking hate you and everything you said!! ...even though I didn't finish reading it. Now, if you'll excuse me, I'm going to take my outrage and protest my way into bestbuy and out the back door with a new flat screen. Then I'll blog about it on twitface.

    • by gcswt ( 4309907 )
      People quit talking about issues & ideas and started talking up/down people. Politics has become more about rooting for "your people" like a sports team, rather blindly I might add, instead of actually talking about issues and ideas.
    • by amiga3D ( 567632 )

      I'm an old fart as well and I can easily remember how public discourse back in the day wasn't all that courteous. The language has gotten a little courser....well a lot courser but other than that it's always been nasty.

    • so I feel I can make an observation. I've noticed over the last 30 or so years that people have lost the art of public discourse.

      Nostalgia goggles.
      When was this magical period of public discourse of which you speak? During the Slavery era? WW2? The Watts riots?
      Public discourse is the most widely available as it has ever been, you just need to apply some filters to who you choose to have a discourse with, rather than relying in media outlets to do it for you.

    • You sound like a Jesus freak. God didn't give him his rights. The Constitution and Bill of Rights did. In 30 years you should have learned that.
      • by dbIII ( 701233 )
        The Constitution gives a government rights. We get the rest.
        For example, if the 2nd amendment was the only thing granting the right to bear arms we'd have to hand them all back in at 40, and women would get the right to have them at all. Funny how a thing about conscripting citizens into a militia got twisted into "freedom" by some NRA idiots.
        We've got the right because there is nothing to say we do not have the right.
      • by poity ( 465672 )

        The Constitution enumerates certain things the government is not allowed to do. It recognized that people are imbued with their rights from the moment they're born. If he's a Jesus freak and wants to interpret that as "god-given", then he's more legally correct than those who say rights are given by the government.

    • I was there

      I was even the moderator (no shit, I was) for one summer, until I had to drop it because of workload (I was working for Bell Labs at that time, severe lack of sleep negatively affected my research)

      What is going on right now is chicken shit compared to what we had over there

      But I gotta level with ya ... there was a difference, in substance

      The cursing, the threats, the whatnots going on in FLAME were (largely) based on substance

      Nowadays most of the online arguments are pretty much content-less, voi

    • Peter has a right to back whomever he wishes, despite what we may think.

      I have a right to despise him for being the founder of Paypal and backer of wannabe facist Trump, and I am exercising that right.

    • by Livius ( 318358 )

      These days, if someone votes differently, acts differently, they are a bigot

      Many voters tune out everything the media says precisely because words like 'racist' have been used to describe an honest difference of opinion and no longer reliably convey any information. And now there's an air of panic because the politicians can't achieve any credibility with the voters, all while the politicians continue to insult each other and talk past each other, unable to hear anything that doesn't fit their preconceived stereotypes, and therefore never responding on the rare occasion that a leg

    • by KGIII ( 973947 )

      I am old too. I've noticed that when people start yelling, everyone stops listening.

    • I've noticed over the last 30 or so years that people have lost the art of public discourse. No one can disagree anymore without resorting to hateful vitriol, slinging insults, rioting in the streets

      Nah. It's that more people have access to public discourse. People were always slinging insults at those moonbats and calling each other hitlers, but now they can actually get a bigger audience than just their family.

    • by AmiMoJo ( 196126 )

      It's not that the art of public discourse has been lost, it's that public discourse has been made ineffective. These days the only way you get action is by destroying your opponents, not by making a compelling argument.

    • by Evtim ( 1022085 )

      Partially disagree....most political speeches from 100 years ago if uttered by today's politicians would mean complete destruction of their careers...someone here pointed to the father of Trump as a shining example of civility , eh?

      Have you read any "adventure" books where you were a kid [about the Wild West, hunters in Africa and so on..]? Books from authors at the end of the 19th century....racism and Christian supremacy is dripping from every word and no one bats an eyelid because that was the prevailing

    • by tom229 ( 1640685 )
      What you're seeing is a generation that is markedly lazier than previous ones. Lazy people make decisions with emotion, rather than critical thought. 10 years ago you couldn't bundle a browser with your operating system without being taken to court, and centralized standards, protocols, and systems were vilified. Today this is all commonplace. Imagine if this generation had designed email. We'd still be sending every email through IBM.

      While of course I'm taking about the tech industry because it's what I'
  • by Anonymous Coward on Tuesday May 10, 2016 @07:36PM (#52087813)

    ... if he's backing Cruz, Trump, Fiorina, and even Ron Paul.

    Nothing about the first three's positions have anything to do with Libertarian beliefs. The first is in favor of autocratic theocracy, the second is simply a demagogue with no actual beliefs other than saying whatever pops into his brain at the moment, and the third is a straight up Establishment Republican in favor of lots of regulation (just not on big business), no business taxes, and significant social dictates. Ron Paul only looks like a Libertarian; a closer examination of his policies reveal nothing more than an anti-internationalist foreign policy, long discredited economic views (a Gold Standard, really?), welded to a George Wallace view of social issues.

    Thiel's not a Libertarian. He's just a garden-variety Big Money Republican. He might be an interesting tech person, but his politics are pretty reprehensible.

    • He's a "libertarian" in the weak sense that he combines an enthusiasm for 'seasteading' and similar probably-lost-causes with a conventional dislike of paying taxes; but that's not saying much.
  • Can anyone explain to me why so many libertarians seem to support Trump? He's not small government at all. He even just recently stated that taxes"may need to go up" for high wage earners.

    • I know a lot of libertarians and very few of them support Trump. Like almost none. I know more Democrats who support him, than libertarians. The only small-government case that could be made for him, is that the Democrats and Republicans hate him so much, that they won't likely vote to expand executive power, while he's in office, and may even move to finally curtail it.

      • by skam240 ( 789197 )

        Wow, that is not similiar to my experience at all. I don't know a single Democrat who finds him even acceptable as president while the few libertarians I know seem to love him. Likewise I've seen articles like the above pop up a few times.

        Maybe It's a regional thing. I'm in Northern California.

        I suppose the labor end of the Democratic party might subscribe to his politics but I put myself a good bit in that group and aside from his objections to the two major trade treaties currently floating out there I fi

    • by krkhan ( 1071096 )
      When talking about Trump, policies and logic aren't really part of the equation. Jeff Bezos is also a prominent libertarian and doesn't look like supporting Trump anytime soon.

      Trump is a cult of personality. His words, his promises, his supporters and his detractors -- everything related to Trump has to do with his personality and not with any incoherent policy crap he tees from /dev/urandom day-to-day.
    • by Z80a ( 971949 )

      Trump is not a president, he's a nuke meant to destroy the system.

    • by poity ( 465672 )

      A lot of self-styled libertarians aren't really libertarians philosophically. They just despise the two establishment parties, and the LP happened to be the biggest alternative for a "fuck you" vote. Now that Trump has become the biggest "fuck you" vote, they flock to him. Sanders is other "fuck you" vote, which is why you have the seemingly incomprehensible scenario of significant number of people who are willing to cast their vote for the polar opposite if the other fails.

  • If there ever was a +5, Troll that deserved it, it's Trump.

  • Re: (Score:2, Insightful)

    Comment removed based on user account deletion
    • by Kohath ( 38547 )

      If there's any candidate who is prepared to kick Wall St in the pants

      Why does everything relating to government have to be about punishing people (who are different than you and therefore apparently "fair game" for whatever ill treatment)? Why can't we ask government to make things better for all of us rather than pursuing old grievances and settling scores?

      It's not just Wall St either. It's 100 different designated villains of whatever story, true or false, someone wants to tell. Hillary is "fighting for you" against the villains (a.k.a. your neighbor the banker or pharm

      • by Livius ( 318358 )

        There are real villains out there. That's why it gets people's attention when politicians talk about villains, even though they actually only talk about decoy villains while they protect the actual villains.

      • by dbIII ( 701233 )

        Why does everything relating to government have to be about punishing people

        It's easier than solving problems.

    • by dbIII ( 701233 )
      Perhaps you should think about that a bit more and perhaps take a look over at Russia's oligarchy for some parallels to help you out with it.
  • Peter Thiel has agreed to back Trump as a California delegate in Cleveland this summer.

    What is that supposed to mean?

    • by amiga3D ( 567632 )

      It means the money people are starting to get on board. At least some of them. I suspect a lot of others will be much more reluctant. I'm loving this election. I thrive on Chaos and thanks to Bernie and Donald it's been great so far.

  • Ah yes... (Score:4, Insightful)

    by SolemnLord ( 775377 ) on Tuesday May 10, 2016 @08:46PM (#52088199)

    Peter "I no longer believe that freedom and democracy are compatible" Thiel.

    There's a man whose opinions I'm going to care about.

  • by Chas ( 5144 ) on Tuesday May 10, 2016 @08:53PM (#52088249) Homepage Journal

    As if Trump weren't objectionable enough!

    PayPal...UGH!

  • First he helps to create the utterly evil PayPal; then he starts funding a list of politicians who, (with the possible exception of Ron Paul), are venomous and/or vacuous scuzzbuckets. "Peter Thiel - Raising Corporate Political Influence while Razing Your Country". Sounds rather like a campaign slogan, doesn't it?

    • Meanwhile, the other co-founder of PayPal has gone on to do awesome and incredible things that will probably contribute significantly to the betterment of humanity. So I guess it's a wash?
  • Rich guy founder of famously abusive financial racket backs rich guy fraudster thug presidential candidate. Who woulda thunkit? Chickens lay down and prepare to be plucked.

  • How is it ... (Score:4, Insightful)

    by garry_g ( 106621 ) on Wednesday May 11, 2016 @06:04AM (#52089787)

    ... that with all Trump is known for, and who is supporting him, that he has a large following in the low-income parts of the people? The myth of "trickle down economics" has been shown to not work, as proven by the US economics, as well as world wide, with the gap between the wealth of the wealthy and that of the poor ever widening ... how can ANYBODY (apart from the very well off) vote for someone standing for the policies that Trump (and, for that matter, most of the other GOP candidates)??

    Just wondering ...

    • Re: (Score:2, Informative)

      by Anonymous Coward

      ... that with all Trump is known for, and who is supporting him, that he has a large following in the low-income parts of the people?

      That's been debunked as a myth [fivethirtyeight.com], you know...

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