Jane Mayer: The Reclusive Hedge Fund Tycoon Behind the Trump Presidency – The New Yorker

Magerman told the Wall Street Journal that Mercer’s political opinions “show contempt for the social safety net that he doesn’t need, but many Americans do.” He also said that Mercer wants the U.S. government to be “shrunk down to the size of a pinhead.” Several former colleagues of Mercer’s said that his views are akin to Objectivism, the philosophy of Ayn Rand. Magerman told me, “Bob believes that human beings have no inherent value other than how much money they make. A cat has value, he’s said, because it provides pleasure to humans. But if someone is on welfare they have negative value. If he earns a thousand times more than a schoolteacher, then he’s a thousand times more valuable.” Magerman added, “He thinks society is upside down—that government helps the weak people get strong, and makes the strong people weak by taking their money away, through taxes.” He said that this mind-set was typical of “instant billionaires” in finance, who “have no stake in society,” unlike the industrialists of the past, who “built real things.”

Another former high-level Renaissance employee said, “Bob thinks the less government the better. He’s happy if people don’t trust the government. And if the President’s a bozo? He’s fine with that. He wants it to all fall down.”

The 2016 Presidential election posed a challenge for someone with Mercer’s ideology. Multiple sources described him as animated mainly by hatred of Hillary Clinton. But Mercer also distrusted the Republican leadership. After the candidate he initially supported, Senator Ted Cruz, of Texas, dropped out of the race, Mercer sought a disruptive figure who could upend both the Democratic Party and the Republican Party. Patterson told me that Mercer seems to have applied “a very Renaissance Technologies way of thinking” to politics: “He probably estimated the probability of Trump winning, and when it wasn’t very high he said to himself, ‘O.K., what has to happen in order for this twenty-per-cent thing to occur?’ It’s like playing a card game when you haven’t got a very good hand.”

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President Trump's former campaign chairman Paul Manafort, secretly worked for a Russian billionaire to advance the interests of Russian President Vladimir Putin a decade ago and proposed an ambitious political strategy to undermine anti-Russian opposition across former Soviet republics.

The allegations, if true, would appear to contradict assertions by the Trump administration and Manafort himself that he never worked for Russian interests.

Manafort proposed in a confidential strategy plan as early as June 2005 that he would influence politics, business dealings and news coverage inside the United States, Europe and the former Soviet republics, even as US-Russia relations under Republican President George W. Bush grew worse.

Manafort pitched the plans to Russian aluminum magnate Oleg Deripaska, a close Putin ally with whom Manafort eventually signed a $10 million (£8 million) annual contract beginning in 2006, according to interviews with several people familiar with payments to Manafort and business records obtained by the AP.

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The texts, posted on a darknet website run by a hacktivist collective, appear to show Manafort’s family fretting about the ethics, safety and consequences of his work for Yanukovych. And they reveal that Manafort’s two daughters regarded their father’s emergence as a key player on Trump’s presidential campaign with a mixture of pride and embarrassment.

In one exchange, daughter Jessica Manafort writes “Im not a trump supporter but i am still proud of dad tho. He is the best at what he does.” Her sister Andrea Manafort responded by referring to their father’s relationship with Trump as “The most dangerous friendship in America,” while in another exchange she called them “a perfect pair” of “power-hungry egomaniacs,” and asserted “the only reason my dad is doing this campaign is for sport. He likes the challenge. It's like an egomaniac's chess game. There's no money motivation.”

By contrast, the Manafort daughters and their mother seemed much more unsettled about Paul Manafort’s work as a political consultant for Yanukovych’s Russia-backed Party of Regions, which is a subject of renewed interest among investigators probing possible links between Trump’s campaign and Russia.

In one March 2015 exchange that appears to be between the two sisters, Andrea Manafort seems to suggest that their father bore some responsibility for the deaths of protesters at the hands of police loyal to Yanukovych during a monthslong uprising that started in late 2013.

“Don't fool yourself,” Andrea Manafort wrote. “That money we have is blood money.”

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If there's anything mitigating the bad news for the White House here, it is that Comey may have also sent subtle signals that the matters under investigation are not principally about the personal conduct of Trump himself. While this is speculation, I do not believe that if Comey had, say, validated large swaths of the Steele dossier or found significant Trump-Russia financial entanglements of a compromising variety, he would have said even as much as he said today. I also don't think he would have announced the scope of the investigation as about the relationship "between individuals associated with the Trump campaign and the Russian government" or "coordination between the campaign and Russia’s efforts"; these words suggest one step of removal from investigating the President himself. If the latter were the case, I suspect Comey wouldn't have used words suggestive of the Flynn-Manafort-Page cabal.

But that's reading a lot into a relatively small number of tea leaves. What is clear is that this was a very bad day for the President. In it, we learned that there is an open-ended Russia investigation with no timetable for completion, one that's going hang over Trump's head for a long time, and one to which the FBI director is entirely committed.

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bob
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+ Yeah, I read C's comments as trying to do a variety of things at the same time, having the effect of making interpretation more difficult. Any [. . .]
Benjamin Wittes: How to Read What Comey Said Today – Lawfare
bob
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+ Sure, so why do they have "work Phones" they take home? Even if they don't have fate of the world responsibilities, who they work [. . .]
Isenstadt and Vogel: Paranoia seizes Trump’s White House – POLITICO

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