Steve Bannon Declares War On Republican Mega Donor Paul Singer

Last week, the New York Times confounded the expectations of many rabid followers of the various investigations into the Trump campaign when it revealed that the Washington Free Beacon, a conservative news website funded in large part by hedge fund billionaire Paul Singer, was the Republican-affiliated group that hired Fusion GPS - the opposition research firm that supervised the creation of the ‘Trump dossier’ - to conduct opposition research into then-candidate Donald Trump during the Republican primary.

The Free Beacon reportedly ended its relationship with Fusion in May 2016 after Trump clinched the nomination, and has maintained that it didn’t contribute in any way to the Trump dossier. The DNC and Clinton campaigns reportedly hired Fusion in April, via Democratic superlawyer Marc Elias, and quickly realized that Trump’s business ties to Russia could be an important vulnerability.

Paul Singer

Still, Singer’s push to discredit Trump apparently caught the eye of one of the president’s most loyal former employees, former White House Chief Strategist Steve Bannon, who reportedly told the president in a phone call last week that he was going "off the chain" to destroy Singer, according a report by Axios published today.

Bannon reportedly added that he had been looking for a long time "to set things right with Singer and his entire crew," according to a source familiar with the conversation.

As Institutional Investor reported in profile of Singer published Monday, the hedge fund manager - who is CEO of $34 billion hedge fund firm Elliott Management - was a major funder of the #neverTrump campaign, Singer – the CEO of – left no stone unturned in an effort to stop Trump from gaining the Republican nomination last year. Singer initially supported Florida Senator Marco Rubio in the primary.

While Trump readily agreed with Bannon on the call, he later told at least one person that Singer was “on the team”, Axios said. A source familiar with the arrangements told Axios that Singer had already made a "major commitment" by financing groups supporting the administration’s tax reform push.

However, since the phone call, Breitbart, Bannon's preferred blunt instrument for attacking his political opponents, has run several stories critical of Singer:

II pointed out that after Trump’s election, Singer said at a Bloomberg event in June, “I became optimistic about some of the opportunities in economic growth and regulatory reform, tax reform.” Singer said he and Trump “chatted a bit about taxes and economic policy” when he visited the White House. In addition to funding the Free Beacon, Singer is also chairman of the conservative Manhattan Institute for Policy Research and a major financier of Commentary magazine.

A source close to Singer said the billionaire had no idea who Fusion GPS was until they became a subject of news reports related to Trump and Russia. Though the source added that of course Singer generally knew — and it was public knowledge — that the website he funds, the Washington Free Beacon, paid for opposition research. Since the story broke, the president has told several people he views the NYT revelations as a "win" for Republicans because they show that only Democrats and the Clinton campaign paid for the controversial dossier, produced by former British intelligence officer Christopher Steele.

However, Bannon’s animosity toward Singer probably springs from the latter’s support for establishment Republican groups.

Thus far this cycle, Singer has given approximately $1.5 million to Republican candidates and political action committees, more than $1 million of which is going to the Senate Leadership Fund, which works to get Republicans elected – Republicans who are often at odds with candidates backed by Bannon, who is backing insurgent Republicans who want to oust more traditional candidates.

However, Singer also donated $1 million to Trump's inauguration and has supported various administration efforts including funding the successful outside campaign to back the confirmation of Neil Gorsuch to the Supreme Court. And while Trump reportedly loathed Singer during the campaign, their relationship has improved considerably since he won the nomination.

Bannon, of course, has been astoundingly successful in his efforts to thwart the Republican establishment and its favored candidates. He most recently won at least one victory, with establishment-backed Senator Luther Strange of Alabama losing the Republican primary to Bannon-backed candidate Roy Moore. He also famously blasted former President George W Bush during a speech at the American Values Summit earlier this month after the former president criticized Trump.

And while Singer has access to a vast sum of money to fund establishment candidates, Bannon has a wealthy patron of his own in the Mercer family, which helps to finance Breitbart and has pledged to support Bannon’s agenda. Reports of the feud come as Bannon is on a roll. Senators Jeff Flake and Bob Corker have said they will not run again, clearing the path for Bannon-backed candidates in both Arizona and Tennessee.

But of course Singer is uniquely qualified to match Bannon in terms of funding and organizational know-how.

In a battle that encapsulates the rift between the pro-Trump and pro-establishment wings of the Republican party, who will come out on top? What do you think?
 

Comments

Paul Kersey 847328_3527 Mon, 10/30/2017 - 19:40 Permalink

But not all pedophiles are "anti-Trumpsters": Epstein likes to tell people that he's a loner, a man who's never touched alcohol or drugs, and one whose nightlife is far from energetic. And yet if you talk to Donald Trump, a different Epstein emerges. "I've known Jeff for fifteen years. Terrific guy,'' Trump booms from a speakerphone. "He's a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side. No doubt about it -- Jeffrey enjoys his social life."

In reply to by 847328_3527

Déjà view Paul Kersey Tue, 10/31/2017 - 00:03 Permalink

Bannon a 'Passionate Zionist,' and Says Top Jewish Trump Donor'What is being done to Steve Bannon is a shonda,' says RJC board member Bernie Marcus.Allison Kaplan Sommer Nov 16, 2016 https://www.haaretz.com/world-news/u-s-election-2016/.premium-1.753416S… Bannon to speak at pro-Israel dinner in first appearance since White House sackingFormer Trump adviser to address Zionist Organization of America event alongside the US ambassador to Israel and Sheldon AdelsonBY JTA August 29, 2017http://jewishnews.timesofisrael.com/zoa-bannon-to-speak-at-pro-israel-d…  Jewish Right lobby vs. Jewish Left Lobby...ENTERTAINMENT!Sheldon Adelson probably planning another trip to Israel with Tejas Gov. Greg Abbott...OFF LIMITS...Bannon? 

In reply to by Paul Kersey

nmewn Bes Mon, 10/30/2017 - 19:43 Permalink

But you approved of Obama's no doubt...right down to Turbo Timmy cuz..."He is the only one who understands these complicated mortgage investment vehicles & tranches!"...as reported by a gushing Andrea Mitchell.It would be better to pass yourself off as an unaffiliated fool like all the other progs Bes, that way, no one thinks of you as a sucker ;-)

In reply to by Bes

Bes nmewn Mon, 10/30/2017 - 19:58 Permalink

hahaonly a simpleton would confuse critical thinkingcalling out hypocrisyand criticism of trump et al. for declaringfealty to Obama, Hillary, or anyone else for that matter------or are the standards so low and the bar so pathetically loweredaround zerohedge that orange julius is beyond reporach?

In reply to by nmewn

nmewn Bes Mon, 10/30/2017 - 21:46 Permalink

"Well, there ya go again..." attacking innocent orange people based on the color of their skin vs the content of their character...instead of Chuck Schumer...lol.////Your choices in capitalization betray your underlying claim of any critical thinking.Work on it for next time, simpleton ;-) 

In reply to by Bes

Chupacabra-322 Bes Mon, 10/30/2017 - 20:40 Permalink

@ Bes,

Dear Steve,

We Americans are being set up by the Mossad to all kill each other for a reason.

Now the NATO Zionist Jew Bolsheviks Criminal Central Banking Cabal who purchased our electoral system is turning America's Gentile against each other so there can be no sustained peaceful non violent, multiracial resistance to Zionist occupation as this is the Nazijew Bolshevik Banker Cabal's worst nightmare.
Period.

Signed,

Their Makers.

In reply to by Bes

nmewn E.F. Mutton Mon, 10/30/2017 - 19:32 Permalink

His is coming, did you know Obama's shriveled, wrinkled up hand was wrapped around dollars going to Fusion GPS..."Since April of 2016, Obama's campaign organization has paid nearly a million dollars to the law firm that funneled money to Fusion GPS to compile a dossier of unverified allegations against Donald Trump."...through the Perkins Coie law firm as well? While in his "presidential role" (lol) he's using the dossier as the means to get FISA warrants on Hillarys opponent. You really couldn't fantasize the length and breadth of this scandal.But its real.http://thefederalist.com/2017/10/29/obamas-campaign-gave-972000-law-fir…

In reply to by E.F. Mutton

Chupacabra-322 nmewn Mon, 10/30/2017 - 20:44 Permalink

@ nmewn,

Investigations, probes.?

Nothing short of

Arrest.

Indictments.

Enprisonment

Trial.

And,

Execution for Crimes Against Humanity & Crimes Against the American People will suffice.

You would think the Criminal Law Enforcement Agencies would want to get back to good standing with the American People. However, whatever trust, loyalty & respect the American People had for them has been squandered.
And, they only have themselves to blame for not arresting, indicting, enprisoning & Executing Pure Evil War Criminal Treasonous Seditious Psychopath Hillary Clinton and others.

Fuck Them!

Fuck their Bolshevik Revolution Part II!

And, their

Tyrannical Lawlessness.

In reply to by nmewn

BobEore espirit Mon, 10/30/2017 - 21:10 Permalink

Priceless!

Competing Srael-firsters BANNON and Singer... battling it out for influence over their dupe Merikan golems!

So far gone into Noahide trace-form-nation is the fallen Republic that all there is left to the news is cheesy stories of rats fighting over the spoils.

Bannons' srael-first media agit-prop Breitbart is the tool of Robert Mercer \"Cue Robert Mercer - whose daughter Rebekah serves on the board of Breibart's Government Accountability Institute - a group which serves up the stories which will support, or derail, the campaigns of many political hopefuls. There is some serious money behind Breibart and it's growing ambitions - some say $10 million of Mercer's money is already invested." https://storify.com/SuaveBel/the-darkmoon-debacle-anatomy-of-a-deception

Singer - YET ANOTHER TALMUDIC SIONIST INFLUENCER/BAGMAN ... has no political affiliation outside of that to INTERNATIONAL FINANCE CAPITAL...

"This is how the lobby functions: It wants no daylight between the government of Israel and the U.S. government, so it cultivates politicians. It doesn’t care in the end who is sitting in the Oval Office, it is prepared to work with him. The neocons left the Democratic Party in the ’70s over Israel and became Reaganites. Then they abandoned George H.W. Bush in the ’90s and switched to Bill Clinton after Bush took on Israel over the settlements. Bush blamed his loss in part on the Israel lobby. Then they switched to his son George W. Bush in 2000, as Bush filled his administration with neocons." http://mondoweiss.net/2017/10/russia-influence-crashed/

and the dupes never... ever... wise up to the shell games being played here.

In reply to by espirit

nmewn Lumberjack Mon, 10/30/2017 - 19:17 Permalink

I'm not sure what someone means by calling someone an anti-semite anymore, much smarter people than I have made the convincing case that it includes the Arabian peninsula, Syria and all the way across to Mesopotamia.Its become a lot like Nigh-Jur or Knee-Jair, I have no idea what they're talking about ;-)

In reply to by Lumberjack

Chupacabra-322 nmewn Mon, 10/30/2017 - 20:47 Permalink

@ nmewn,

Star of Remphan / David.

Satanic New World Order Globalists. These types of jews (the main ones who are in power), are Talmudic (babylonian text), International, Zionistic Jews.

They control our money supply (federal reserve- Alan Greenspan, Ben Bernanke, Janet Yellen - all jews), control our banks (fed, central banks around the world, Rothschild), are working with our politicians, our president (jared kushner, george soros-friendly globalist), the ones who are influencing the migrant crisis (barbara spectre), and of course george soros is a jew.

They are responsible for the Russian revolution (lenin, trotsky were both jews, stalin had a jewish mother), are responsible for cultural marxism (frankfurt school was all jewish).

When I'm referring to "Jews", I'm not talking about everyday average orthodox or religious, torah jews. When I say "Jews", I'm referring to the ones in seats of power; zionist jews whose goal is global domination and deracination of sovereign countries and destruction of western society.

Acts 7:43 KJV.

43 Yea, ye took up the tabernacle of Moloch, and the star of your god Remphan figures which ye made to worship them: and I will carry you away beyond Babylon.

Remphan is Saturn, whose symbol is a cube, or six-sided object, or the perimeter of the hexagonal star that appears on “Israel’s” flag.

As soon as Stephen bought this up, the Jews in attendance stoned him to death. We should therefore point this out as often as we can. (They) hate it.

In reply to by nmewn

sarz Blue Steel 309 Wed, 11/01/2017 - 11:17 Permalink

Check out the comments at Breitbart. It's a free speech middle-brow website. It's not primarily Zionist propaganda. There's some pretty free ranging discourse about Jews there. They'll print it so long as you don't sound like a bot. So don't say Shlomo and stuff of that sort and you can push the envelope of sincere and honest antisemitism as far as you like. 

In reply to by Blue Steel 309

GreatUncle evoila Mon, 10/30/2017 - 19:44 Permalink

To not like somebody because of the detrimental affect they have had on your life ... then to be called anti-semite is to confirm the person having a demtrimental affect on your life is jewish. The UK home secretary did a similar blunder recently during her speech making reference about targetting anti-semitism ... not one word about racism, islamaphobia etc.why not?1. The first question is who told / advised her to say that?2. The next question is are they feeling they may be targeted because of their acts?3. Then if so what were the acts they committed that we may end up feeling this way?Answer 1,2 & 3 and you will find alot more pissed off people in the world.

In reply to by evoila

Gulfcoastcommentary Giant Meteor Mon, 10/30/2017 - 18:57 Permalink

Agree with you that both parties are mortally wounded. But we're seeing Trump and Bannen completely transform the Republican party as we speak. The Repub establishment types will be pushed out.  No such change or purge can or will happen to the Dems, so they are truly doomed. It'll be the Republican party that will transform into a sensible and viable party. The Dems are going into the ashcan...and anyone can see that!!

In reply to by Giant Meteor

Publicus_Reanimated Giant Meteor Mon, 10/30/2017 - 19:12 Permalink

No, the traditional parties are in cocoons.  One will emerge as a butterfly, the other will die and mummify.  This is not Ike's GOP or Nixon's GOP or Reagan's GOP or the GOP of anybody named Bush.  Conversely, the Democrat Party today is the party of Obama, Clinton, Carter, Johnson, Truman and FDR.  I make an exception for Kennedy, but they killed him for not being with the program.P.S. Ford doesn't count, never elected to anything higher than Congressman from a district in Michigan.

In reply to by Giant Meteor