{"id":15799,"date":"2024-09-06T10:37:38","date_gmt":"2024-09-06T08:37:38","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/09\/06\/billionaires-are-endorsing-trump-but-is-that-a-bad-bargain-for-them\/"},"modified":"2024-09-06T10:37:38","modified_gmt":"2024-09-06T08:37:38","slug":"billionaires-are-endorsing-trump-but-is-that-a-bad-bargain-for-them","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/09\/06\/billionaires-are-endorsing-trump-but-is-that-a-bad-bargain-for-them\/","title":{"rendered":"Billionaires are endorsing Trump \u2013 but is that a bad bargain for them?"},"content":{"rendered":"<p>Experts are issuing stern warnings about business support for Trump \u2013 it could backfire badly and endanger democracy<\/p>\n<p>From Wall Street to Silicon Valley, a growing number of billionaires, tech titans and venture capitalists are backing Donald Trump\u2019s campaign for president, among them Stephen Schwarzman, chairman of Blackstone, the world\u2019s largest private-equity fund, Steve Wynn, the casino tycoon, Bill Ackman, the hedge fund manager, and Marc Andreessen, a leading venture capitalist.<\/p>\n<p>But many business school professors and historians are issuing stern warnings about this business support for Trump, saying that backing him could backfire badly for business and endanger America\u2019s democracy. These professors caution that corporate America \u2013 along with everyone else \u2013 should be hugely concerned about a candidate who has talked of being a <a href=\"https:\/\/apnews.com\/article\/trump-hannity-dictator-authoritarian-presidential-election-f27e7e9d7c13fabbe3ae7dd7f1235c72\">dictator on day one<\/a>, <a href=\"https:\/\/www.nytimes.com\/2022\/12\/04\/us\/politics\/trump-constitution-republicans.html\">terminating the constitution<\/a>, and weaponizing the justice department to exact revenge against his critics.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/article\/2024\/sep\/06\/trump-billionaires-2024-campaign\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/4caa18392ea544ede1b9175c8d7c9846b375168d\/0_102_4785_2872\/master\/4785.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=ed39998ae0f134c9b4db562ae47681fd\" title=\"Billionaires are endorsing Trump \u2013 but is that a bad bargain for them?\" \/>Experts are issuing stern warnings about business support for Trump \u2013 it could backfire badly and endanger democracy<br \/>\nFrom Wall Street to Silicon Valley, a growing number of billionaires, tech titans and venture capitalists are backing Donald Trump\u2019s campaign for president, among them Stephen Schwarzman, chairman of Blackstone, the world\u2019s largest private-equity fund, Steve Wynn, the casino tycoon, Bill Ackman, the hedge fund manager, and Marc Andreessen, a leading venture capitalist.<br \/>\nBut many business school professors and historians are issuing stern warnings about this business support for Trump, saying that backing him could backfire badly for business and endanger America\u2019s democracy. These professors caution that corporate America \u2013 along with everyone else \u2013 should be hugely concerned about a candidate who has talked of being a dictator on day one, terminating the constitution, and weaponizing the justice department to exact revenge against his critics. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Experts are issuing stern warnings about business support for Trump \u2013 it could backfire badly and endanger democracy From Wall Street to Silicon Valley, a growing number of billionaires, tech titans and venture capitalists are backing Donald Trump\u2019s campaign for president, among them Stephen Schwarzman, chairman of Blackstone, the world\u2019s largest private-equity fund, Steve Wynn, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/09\/06\/billionaires-are-endorsing-trump-but-is-that-a-bad-bargain-for-them\/\"> <span class=\"screen-reader-text\">Billionaires are endorsing Trump \u2013 but is that a bad bargain for them?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":15800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15799"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=15799"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/15800"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=15799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=15799"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=15799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}