Andrew Yang is ending his 2020 Presidential campaign after two low finishes in the first two Democratic contests of the primary. The news broke on Tuesday night as initial results from the New Hampshire primary came in.
The unconventional candidate waged a surprisingly resilient campaign, out-polling and outlasting several Democratic senators and governors. After polling in the high single digits, it appears that much of his support in the two early primary states may have coalesced behind Bernie Sanders. Yang took around 5% of the vote in the Iowa caucuses, and early New Hampshire primary returns show him with around 3% in the granite state.
The signature element of Andrew Yang’s campaign was a proposal he deemed the “Freedom Dividend,” in which every American citizen over 18 would be given a universal basic income of $1,000 a month.
The entrepreneur explained his decision to drop out in an interview with the Atlantic, stating that he didn’t want to take money and votes from his supporters if he didn’t feel he could win the primary and general election.
Yang’s campaign received support from some rogue Republicans sympathetic to the concept of a universal basic income, an idea his presidential run will likely be credited for placing on the political map.
With Yang’s departure from the race, the existing Democratic primary field consists of ten candidates.
Yang himself has predicted that many of his supporters would turn to Bernie Sanders, possibly providing a discernible boost to the Vermont socialist senator in future state primaries and caucuses. Early results of the New Hampshire primary shows Sanders leading Pete Buttigieg by approximately 29% to 22%.
Alabama U.S. Senate Hopeful Tommy Tuberville Ran Wall Street Hedge Fund That Fell Apart Due to Fraud
Tuberville’s incompetence led to a hedge fund going down in flames.
After posting a mediocre record at Auburn University as a football coach, fledgling Alabama U.S. Senate contender Tommy Tuberville failed miserably on Wall Street founding a hedge fund mired in fraud.
Tuberville partnered with former Lehman Brothers broker John David Stroud over a decade ago to form TS Capital Management and TS Capital Partners. The ventures ended up sinking amidst fraud allegations, which resulted in Stroud being sentenced to 10 years in prison.
Tuberville did not end up in jail, but his involvement in the project led to his own investors suing him. The investors accused him of being involved in the fraud and neglecting his fiduciary responsibility to protect their investments. Tuberville reached a private settlement with the investors in 2013.
On the campaign trail, Tuberville has downplayed his role the failed hedge fund, claiming dubiously that he was only “an investor like the rest of them.”
“They sued me because I invested in it, and he used my name to get other people to put money in,” he said. “There was nothing ever implicated by anybody that I’d done anything wrong. I felt bad that he used my name.”
An examination of public court documents show that Tuberville is misrepresenting his role in the operation. Tuberville greeted potential investors and sold them on the venture, had business cards listing him as managing partner, and even leased his BMW and had health insurance provided through the business. Email records show that he was kept in the loop about the day-to-day operations of the company, including hiring.
Tuberville’s campaign chairman, Stan McDonald, noted that the candidate’s role in the hedge fund “was a big mistake, and he’s paid for it.”
“Coach Tuberville was as surprised as anyone to learn Stroud had lost all the money, including Coach’s. He never received a dime; it was a dead loss for him and his family,” Mr. McDonald said. “The Lord humbles us on many occasions, and this was such a moment for Coach.”
Overall, Tuberville lost $2 million from his Wall Street blunders. As is the case with many prospective politicians, Tuberville could not hack it in the private sector so he is attempting to get a government paycheck instead.
Big League Politics has reported on Tuberville’s campaign as he attempts to stop his “America First” opponent Jeff Sessions from reclaiming his Senate seat. Tuberville has been ducking Sessions, hoping to stay under the radar as he clings to a shrinking lead in the polls:
As the Republican primary runoff for nomination for the U.S. Senate in Alabama, football coach Tommy Tuberville is doubling down on a strategy of refusing to debate former Senator and Attorney General Jeff Sessions, leaving serious questions about his immigration policy positions unanswered.
Tuberville hopes to cruise to an easy victory on the basis of support from Donald Trump, who remains incensed at Sessions over a feud related to his former Attorney General’s recusal from Robert Mueller’s witch hunt Russia investigation. But Sessions has emphasized that the feud- now in the past- can’t be all that comes under consideration for Alabama’s Republican voters.
Tuberville steadfastly refuses to clarify some of his troubling statements related to immigration policy, including stating that the United States needs 400,000 Indian visa workers to provide labor for America’s corporations. Tuberville continues to rebuff attempts from Sessions to organize a debate to discuss actual policy before the July 14th runoff election, which will determine who will go on to face Democrat Doug Jones in November.
Sessions reiterated that Tuberville refuses to participate in a debate in a tweet responding to President Trump’s latest criticism of him, pointing out that Tuberville’s GOPe sympathies render him a suspect so-called supporter of the President’s ‘MAGA’ agenda.
In yet another demonstration of stark anachronism with Republican voters of today, Tuberville has even said that “we can’t worry about China” in the midst of the coronavirus pandemic.
In stark contrast with Tuberville, Jeff Sessions has what is almost certainly the strongest conservative track record on immigration policy of any former Senator or congressman. He’s almost single-handedly derailed several amnesty attempts, and most recently led the charge in calling for a federal immigration moratorium in response to the coronavirus recession that President Trump has partially implemented.
The GOP runoff primary election between Tuberville and Sessions will take place on July 14. The winner will go on to face incumbent Doug Jones in the general election in November.
States2 days ago
Black Lives Matter Terrorists Show Up to Louisiana Courthouse with Guns to Menace Pro-Statue Protesters
Tech3 days ago
Twitter Software Engineer Advocates for Kidnapping and Violently Abusing Children of Republicans
Big League Wellness3 days ago
Dr. Fauci, NIAID Considers Purposefully Infecting Patients with COVID-19 to Develop Vaccine
Violent Left3 days ago
Minnesota Governor Asking President Trump to Declare Riots a Federal Disaster In Hope of Receiving Bailout Funds
Tech3 days ago
Reddit Forced to Amend New Terms of Service After Carving Out Hate Speech Exemption Against Whites
Campaign 20204 days ago
NEW: Trump Ad Breaks Down Consequences of “Defund the Police”
States4 days ago
Fact Check: Texas Governor Greg Abbott’s Executive Order DOES NOT Mandate Wearing Face Masks
Big League Wellness3 days ago
New York Partygoers Face Subpoenas, $2K-Per-Day Fines for Refusing to Submit to Mandatory Contact Tracing