Billionaire Donor Releases Scathing List Explaining ‘Lost Confidence’ In Democrat Party

Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons

Billionaire investor Bill Ackman released a lengthy indictment of the Biden-Harris administration, citing a laundry list of reasons for his “losing total confidence” in the Democrat Party.

Ackman formally endorsed Republican presidential nominee Donald Trump hours after the former president survived an assassination attempt at a July 13 rally in Butler, Pennsylvania.

Ackman’s friends and his family were “surprised” by the endorsement, he wrote on X, and dismissed claims he wanted financial benefits or a role in a potential Trump administration.

Ackman, who previously donated hundreds of thousands of dollars to various Democrat political figures, named illegal immigration, inflationary policies and the botched withdraw from Afghanistan as the first three “catalysts for my losing total confidence in the administration and the Party.”

These actions included opening borders without proper screening, implementing economic policies that worsened inflation, the chaotic withdrawal from Afghanistan, introducing excessive regulations, modifying the bail system, promoting DEI ideologies, and failing to address antisemitism. He also criticized vaccine mandates, free speech restrictions, the handling of U.S. energy independence, and various foreign policy decisions. Ackman expressed concern about leadership, health, and transparency issues within the Democratic Party.

Here is a shorter version of the 33 points from the tweet:

  1. Open borders, unscreened immigrants.
  2. Economic policies causing inflation.
  3. Poor Afghanistan withdrawal.
  4. Excessive regulations hurting business.
  5. Loosening bail laws.
  6. Decriminalizing shoplifting.
  7. Limiting fracking, raising energy costs.
  8. DEI policies based on identity.
  9. Promoting gender ideology in schools.
  10. Encouraging protests, closing schools.
  11. Supporting anti-American, anti-Israel protests.
  12. Rising antisemitism.
  13. Mandating untested vaccines.
  14. Suppressing free speech.
  15. Politicizing the legal system.
  16. Defunding police.
  17. Subsidizing inefficient tech.
  18. Government overreach.
  19. Ban gas cars, stoves.
  20. Ignoring terrorist killings.
  21. Withholding aid to allies.
  22. Weak Iran sanctions.
  23. Removing terrorists from lists.
  24. Concealing President’s health.
  25. Ignoring poor public health.
  26. Overusing vaccines on children.
  27. Pharma immunity on vaccines.
  28. Discouraging minority success.
  29. Inadequate candidate security.
  30. Blocking third-party candidates.
  31. Undemocratic Democratic nominee process.
  32. Selecting weak candidates.
  33. Opposing voter ID laws.

Ackman also attacked Democrats for using “a backroom process by undisclosed party leaders” to select Vice President Kamala Harris instead of giving Americans the opportunity to elect a new candidate to replace President Joe Biden on the ballot.

He concluded by calling Harris an “inferior candidate” before stating “Americans lost confidence in the accuracy and trustworthiness of our voting system” as a result of laws preventing voter ID.

“I welcome your thoughts,” Ackman wrote at the end of his list of grievances.

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Nancy Butler

Nancy grew up in the South where her passion for politics first began. After getting her BA in journalism from Ole Miss she became an arts and culture writer for Athens Magazine where she enjoyed reporting on the eclectic music and art scene in Athens, GA.

However, her desire to report on issues and policies impacting everyday Americans won out and she packed her bags for Washington, DC. Now, she splits her time between the Nation’s Capital and Philadelphia where she covers the fast-paced environment of politics, business, and news.
In her off time, you can find Nancy exploring museums or enjoying brunch with friends.

3 Comments
    SBarry

    No borders no country thanks for standing up to the Dems for all the reasons you state we need new leadership

    Donald Broadhurst

    Why don’t other Democrats see this? Or do they see it and just don’t care!

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