Billionaire investor Bill Ackman on Friday posted on X (formerly Twitter) 33 reasons why he won’t support the Democratic Party in the 2024 election cycle in favor of the Biden-Harris administration.
Ackman officially approved Republican presidential candidate Donald Trump appeared hours after the former president survived an assassination attempt at a July 13 rally in Butler, Pennsylvania. Many of Mr. Ackman’s friends and family were “surprised” by the support, he wrote to X, and used the opportunity to dismiss claims that he was seeking financial gain or a potential role in the Trump administration. Ta.
Ackman previously donated He gave hundreds of thousands of dollars to various Democratic politicians, citing illegal immigration, inflationary policies, and the failure to withdraw from Afghanistan as the first three “causes for a complete loss of confidence in the administration and the party.”
Many of my friends and family are surprised by my decision to support them. @realDonaldTrump For the president. They are surprised because my history of political donations has been primarily Democratic and my voter registration has typically been Democratic (in New York…
— Bill Ackman (@BillAckman) October 11, 2024
Ackman went on to say that unnecessary energy restrictions on businesses, policies that release violent criminals without bail, and the destruction of street businesses by decriminalizing shoplifting have all affected his previous support. .
Business-related complaints include attempts to limit or ban hydraulic fracturing and promoting diversity, equity, and inclusion (DEI) hiring practices.
Ackman slammed the LGBT curriculum and the promotion of gender reassignment surgery for minors. He also cited Black Lives Matter (BLM) riots and COVID-19 lockdown policies during the early days of the Biden-Harris administration, before condemning anti-Israel protests and the rise of anti-Semitism on college campuses. denounced.
Other commandments include vaccine mandates, censorship of free speech, weaponization of the justice system, the movement to defund the police, government subsidies for inadequate products, federal mandates, and gas-powered cars and stoves. This includes attempts to prohibit such acts. (Related: Justice Department sues state over order to remove illegal immigrants from voter rolls)
The hedge fund manager was particularly dissatisfied with the bold actions of his foreign adversaries.
Ackman said that instead of giving Americans the opportunity to vote on a new candidate to replace President Joe Biden, Democrats used a “backstage process by private party leaders” to select Vice President Kamala Harris. ” was accused of taking advantage of it.
He concluded by calling Harris an “inferior candidate” and saying that because of the voter ID laws, “Americans have lost confidence in the accuracy and reliability of our voting system.”
“Your thoughts are welcome,” Ackman wrote at the end of his list of complaints.
