Black Lives Matter Funding the DNC?

What do you all know about where the BLM movement funds are going? I’ve heard they are funding democrat politicians (Bernie, Biden, Pocahontas etc.) Kind of sucks if that’s true. They have millions, probably hundreds of millions of dollars, and instead of donating those funds to causes that actually help black people, they are sending it to a “middle man,” a Democrat politician, who probably won’t even help them after election season ends. And then they demand us to defund the police and use that police money for things like education, drug rehab, etc. Well, you have millions of dollars, so why don’t you fund these causes yourself?! Also, IMO trump has done a few things to help black people out. Don’t get me wrong, he has put out a lot of inflammatory rhetoric that doesn’t help improve race relations, but I haven’t seen any other politicians do things like opportunity zones, funding for HBCUs, and a criminal justice reform bill. He’s not perfect but why dedicate almost ALL your donation money to beating this guy? Isn’t it better spent elsewhere?

This whole thing seems like a funding arm for the DNC. Reeks of bullsh*t to me.

Sorry for the long post. What do you all think?

Edit: Just to clarify, this is all speculation. Obviously no one knows where all the money is going (which is part of the problem). That’s why I started the post with a question and wrote “if”... I’m just suspicious of the movement that’s all. If BLM is funding good charities, I’m with them all the way. But if they’re just a funding arm of the dems, I don’t think this reflects well on them. Can they at least make this info public?

 

Funding Education, drug rehab, etc. isn’t the job of BLM... that’s the job of the government that he leads. And assuming that Black people are single-issue voters who should be dedicated to Trump for a few bills is incredibly nieve.

 

I’m not saying that black people should be dedicated to Trump for a handful of issues. I was trying to show that he has done at least something to help black people so it just makes no sense to donate a vast majority of your money to beating one guy when that money can help so much more elsewhere. You’re donating to candidates who might not even help you after the election ends (not to mention how our inefficient and bureaucratic govt might prevent/hinder some of these changes), so isn’t it better to put money directly into these causes?

 

Lol it’s a payment processor that only makes itself available to left-leaning non-profits and campaigns, it’s not just a DNC piggybank in the same way that buying something via Square doesn’t just send your money directly to Twitter

 
iercurenc:
I never said it’s confirmed that they’re donating to campaigns. I wrote that many people have speculated this and that these are my thoughts if this speculation is true.

And if they are, so what? Dem leaders are far more supportive of the BLM objectives and are in a position to help them legislatively.

"I don't know how to explain to you that you should care about other people."
 
iercurenc:
I never said it’s confirmed that they’re donating to campaigns. I wrote that many people have speculated this and that these are my thoughts if this speculation is true.

Many people have speculated that @iercurenc is a neo-Nazi, and also is having an incestuous relationship with several of his siblings, and likes to torture small animals in his spare time.

I can't reveal the many, many people who confirm that they have evidence of all this, but you should know it's true, so feel free to "speculate" about this on every other thread this person posts on.

 

Trump isn’t even racist, he’s just a huge narcissist who panders to anyone who speaks well of him; black, white, gay, non-binary feminist hamster - it doesn’t matter

We also have BLM, which was founded by radical women who now have a larger, and democratic/socialist following, that are pushing propaganda and if you refuse to believe their ENTIRE vision, you are suddenly the scum of the earth.

 
Analyst 1 in IB-M&A:
Trump isn’t even racist, he’s just a huge narcissist . . .

Whatever his shortcomings are - and there are many - I truly believe racism is not one of them. In fact I think if you really examine Trump's history I would argue that the evidence points to him being rather progressive on race / sexual preference / etc in relative terms. And I would definitely agree his narcissism probably plays an outsize role in this.

Granted this is using the actual definition of racism / racist, not the "chess is racist because the white pieces always move first" type espoused by the woke crowd.

Also I remember reading this thread a few years ago . . . while its obviously an anonymous internet message board, caveats aside I thought the responses here were very interesting especially given Reddit is overwhelmingly liberal/left: https://www.reddit.com/r/AskReddit/comments/5d8zop/serious_people_who_h…

"Some things are believed because they are demonstrably true. But many other things are believed simply because they have been asserted repeatedly—and repetition has been accepted as a substitute for evidence." - Thomas Sowell
 

That reddit thread is pretty interesting and they all have a common theme, he is a genuine father, grandfather, and overall good person when not in front of the camera/crowds. Of course that's a pre-election thread and since I don't know him personally, I still cannot tell what type of person he might be in private.

 
whitecollarandsuspenders:

Whatever his shortcomings are - and there are many - I truly believe racism is not one of them

You can't be serious about this issue? You do not need to call someone the N word to be considered a racist. There are lots of ways one might be considered a racist without using the N word. Hmm, let me throw one out there for fun. How about if one were to systematically discriminate against black people in housing...

 
"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

I assume, from your limited posting history and obvious lack of intellect, that you are a troll... but I'm bored so why the hell not.

iercurenc:
What do you all know about where the BLM movement funds are going? I’ve heard they are funding democrat politicians (Bernie, Biden, Pocahontas etc.) Kind of sucks if that’s true.

Why does this "suck"? They have identified that putting a Democrat in the White House is a key to making sure that black people are treated as human beings and not subhuman labor.

They have millions, probably hundreds of millions of dollars, and instead of donating those funds to causes that actually help black people, they are sending it to a “middle man,” a Democrat politician, who probably won’t even help them after election season ends

Actually if they're funding the DNC, they aren't helping a politician, but a bunch of politicians whose beliefs are at least somewhat in alignment of the BLM movement. And I'm not sure what causes they should be donating to that "actually help black people." As with every other asshole conservative, you seem to think that private charity is an adequate substitute for government redistribution - it isn't. The Gospel of Wealth is a nice idea in theory but all one has to do is open their fucking eyes to realize that the rich don't give away their wealth, and that for every Andrew Carnegie, Warren Buffet, or Bill Gates there are a thousand hyper wealthy individuals who will die rich.

And then they demand us to defund the police and use that police money for things like education, drug rehab, etc. Well, you have millions of dollars, so why don’t you fund these causes yourself?!

Why doesn't Bill Koch fund the military himself, or Sheldon Adelson donate all his money to AIPAC? The same damn reason - because individually, very little can be accomplished, even by people/organizations with hundreds of millions or billions of dollars.

Also, IMO trump has done a few things to help black people out.... opportunity zones

Ah, the OZ program, which has been an unqualified failure in every respect? Or the OZ program which was from the first an obvious pork move designed to funnel tax advantaged money to (especially) specific colleagues of the POTUS and politicians in general? Yeah, the OZ program has done almost nothing, and it's done even less than nothing for communities of color by bamboozling mouth breathing idiots like yourself that it was meant as anything other than a way to help enrich real estate developers (of which I am one, I know of what I speak).

funding for HBCUs and a criminal justice reform bill.

Right, I had forgotten how no other POTUS ever supported HBCUs! Also, the FUTURE Act was a liberal initiative - there is a reason it took until a Democratic Congress came into power for any of this to get done. Republicans, which means Donald Trump as their putative head of party, were focused on passing tax cuts for themselves and gutting healthcare (with no replacement!) when they had the gavel. Donald Trump can sign whatever the hell he wants and make whatever claims he wants, but it took a liberal Congress to send it to his desk - he didn't push or support jack shit on that, or criminal justice reform. Get your head out of your ass.

He’s not perfect but why dedicate almost ALL your donation money to beating this guy? Isn’t it better spent elsewhere?

I sincerely hope you aren't a white man complaining that black people don't know how or where to spend their money to advance their own interests. That's all I have to say on this

This whole thing seems like a funding arm for the DNC. Reeks of bullsh*t to me.

Take your tin hat off for five seconds and think about this rationally. What makes more sense, that most black Americans have colluded with the DNC in some sort of Deep State-esque conspiracy to have the police murder a bunch of black Americans, leading to lots of funding for a new BLM movement, which then can funnel the money from unsuspecting but well-meaning dupes into the coffers of the DNC.... or perhaps, just maybe, that black people aren't of substandard intelligence, and have long since realized that the conservative movement in America is fundamentally inimical to their interests, and represents the exact same people and philosophies of the antebellum south and Jim Crow Dixie, and is actively working to disenfranchise them?

Seriously. Take a long look in the mirror, because this post screams "I am a closet bigot." When the most prominant symbol of the Republican Party these days seems to be the Confederate Battle Flag, it doesn't take a genius to realize that black people are far better served in putting their votes and political campaign contributions in the party that doesn't champion slavers.

Sorry for the long post. What do you all think?

As I said, I think you are a troll. Beyond that, you're obviously badly uninformed and your paternalism in telling a group of minorities that they don't know how to spend their money to best advance their interests as well as you do smacks of some pretty deep-rooted prejudice. I'll do you the favor of assuming your young and dumb and not, you know... a bigot.

Edit: Just to clarify, this is all speculation. Obviously no one knows where all the money is going (which is part of the problem). That’s why I started the post with a question and wrote “if”... I’m just suspicious of the movement that’s all. If BLM is funding good charities, I’m with them all the way. But if they’re just a funding arm of the dems, I don’t think this reflects well on them. Can they at least make this info public?

I think we all understood the subtext of your post, and I think that your time spent jacking off in your parent's basement has not made you nearly as subtle as you seem to think you are.

 

Referring to Elizabeth Warren as “Pocahontas” is incredibly offense. It perpetuates the myth of Pocahontas. Just say Warren and move on.

 

Eum repudiandae voluptates consequatur nam accusantium perspiciatis rem. Eum inventore incidunt quaerat. Exercitationem aut ut reprehenderit.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”