Timothy Mellon

It's, it's true.

The Congressional Leadership Fund, which is the primary super PAC backing House Republicans, raised a record of $94 million in the third quarter, bolstered by major contributions from Elon Musk and Timothy Mellon to help defend the party's narrow House majority.

Despite this surge, Democratic outside groups hold an overall cycle-to-date fundraising lead of 514 million to 370 million when including allied dark money nonprofits.

Republican organizers acknowledge the challenged electoral environment and plan to deploy these record funds aggressively to offset Democratic gains in key races, as we talked about yesterday of them pulling out [chuckles] of numerous races, which I guess is tactical in a way.

He'll often promise to spend his money, and then other people with deep pockets like Elon Musk will come in and go, "Well, you're spending a billion dollars or half a billion dollars.

Here's $100 million." He, the, you know, uh, Miriam Adelson, "Here's another $100 million." Uh, Timothy Mellon, "Here's another $100 million." Trump spends their money, and then at the end it's like, "Oh, looky, we've got a little bit left over in my account.

I guess I'll just, you know, put that into a bit of crypto and then put it in my back pocket." Trump, Trump doesn't like to spend his own money.

He, he's become a multi-billionaire, uh, for very good reason.

So because those families did such things, they are still around.

Timothy Mellon got President Trump elected twice and paid the military's wages without breaking a financial sweat because his fortune is still intact.

The Goletts are still a force in New York because their fortune is still intact.

Neither remains part of a real upper class as too few members of their crowd did what they did, and thus the interconnectedness that a real upper class requires to become more than a mere elite didn't survive.

Land is always valuable, natural resources almost always are, good companies generally are, and luxury or middle-class real estate that stays such generally is.

It's good the Goletts weren't invested in our home.

There will always be issues and bad times, but it's worth remembering that Timothy Mellon could bail out the military because of the oil and railway stocks his family has held since his grandfather's middle age, not a speculative tech company he bought on margin.

Third is that splitting up a fortune, however large or small, washes it away after more than one generation.

Mm-hmm.

Um, those people who- who, like, as you pointed out, Tim Mellon, the Mellon heir, he has cut off the NRSC, and he's been good in the past for, like, $50 million for these people.

Yeah.

Um-