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The Demon Lord Descends on America
Chapter 29: Political Donations

Chapter 29: Political Donations

Apparently, Dr. Gilbert Gordon had ultimately failed, and CoBIS Company was on the brink of bankruptcy.

Simply put, it was a clash of ideologies.

At heart, Gilbert Gordon was more of a scientist than a businessman. In contrast, as the company president, Christophe Henderson's focus was largely on profits. He believed that technological research, if not translatable to direct productivity and economic benefits, was pointless.

Inside the CoBIS Company boardroom, Bruce looked at the despondent Gilbert and the anxious Christophe and couldn't help but laugh. "President Henderson, I admire your skills in managing the company. After completing the acquisitions, including that of CoBIS, I plan to establish a new company. Are you interested in joining me?"

Despite having the albatross that was Gilbert Gordon around his neck, Christophe had managed to keep the company afloat for quite a while.

Bruce also didn’t overlook Gilbert. "Also, Dr. Gordon, if you're still interested in genetic engineering research, I invite you to stay with the new company and lead the new biological research laboratory."

Gilbert looked stunned, as if he had misheard. Christophe, too, seemed perplexed. Did Bruce Lee not realize that the biotech industry had a limited market and couldn’t make much money?

Bruce, of course, would never disclose that he had the support of demonic knowledge, making it unnecessary to toil in a narrow field like Gilbert Gordon did. What they couldn’t achieve was a mere trifle to Lord Mephisto.

The acquisition went smoother than Bruce had anticipated, and obtaining over a decade's worth of precious data from the genetic laboratory was an unexpected bonus. After setting the main direction, Bruce naturally delegated the details of the negotiation to Fowler, Kit, and Isaiah.

Streamlining the affairs of the three companies wasn’t easy, especially with Incyte Biopharmaceuticals located in Bakersfield, about two hours away. It seemed Bruce would be spending more time in Los Angeles, basking in the fierce sunshine of the coastal city.

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A few days later, Fowler sought Bruce out. This time, he wasn't discussing the acquisitions but reporting on the contributions to Hillary Clinton's campaign.

The U.S. election process typically spans an entire year. The first half (from January to June) sees multiple candidates from both the Democratic and Republican parties campaign in key states. In this phase, party members select delegates for the National Conventions.

The second phase involves both parties hosting their National Conventions to finalize their presidential and vice-presidential candidates, discussing the presidential campaign program. Only after this does the race for the presidency truly begin.

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As the primary phase ended, Hillary Clinton maintained a significant lead, with a high chance of becoming the Democratic Party's presidential candidate. This wasn’t surprising to Bruce. The almost 70-year-old woman was widely respected within the Democratic Party. Hence, the upcoming nationwide vote would be the real show.

“Given your unique status as a non-U.S. citizen, making a large election donation might raise eyebrows. Thus, I’ve arranged a special team to make anonymous donations, totaling about $8 million, to industry associations and nonprofits under the 501(c) provision. These nonprofits don't need to disclose their donors. Even better, they're not required to disclose their expenditures either," Fowler explained to Bruce while going through a stack of documents. This covert operation was only known in its entirety to him and Kit.

In the U.S., one must hold a green card and reside for five years (without leaving the U.S. for more than six months each year) or live for three years after marrying a U.S. citizen to apply for citizenship. This process is known as “naturalization.” There are various requirements, including good moral character and being over 18. The key is to swear allegiance to the U.S. and renounce all allegiance to one's previous country.

While listening, Bruce kept a steady smile, nodding in agreement from time to time. But what he was truly pondering, only he knew. Perhaps, in not too many years, nobody would be concerned about matters like citizenship.

"Moreover, up until now, through various methods, we've donated approximately $4.7 million to about 232 Super PACs, including 'Ready for Hillary' in Arlington, Virginia, and 'Prepping for Hillary' in Iowa. Kit has the detailed list," Fowler continued without a pause.

Political Action Committees (PACs) were initially political organizations in the U.S. created to raise and allocate campaign funds for candidates vying for public offices. After the passage of the Federal Election Campaign Act in 1971, the importance of PACs grew significantly.

This act strictly limited the amounts that corporations, associations, and private individuals could donate. However, PACs could more easily sidestep these restrictions when raising funds from numerous private donors.

In 2010, the U.S. Supreme Court made a landmark ruling, deciding that as long as individuals and entities didn't directly coordinate with a specific party or campaign or provide direct political donations, their contributions and expenditures could be unlimited. This was essentially a green light for money to flood into the system.

From then on, corporations, unions, and the wealthy could better utilize their funds to influence elections, making unrestricted political donations, leading to the rise of so-called Super PACs.

"This is already a commendable effort. To avoid attracting undue attention, we continually need to diversify our donations and change our donation methods," Fowler added, perhaps fearing Bruce would think their contributions weren’t substantial enough.

A commitment of over ten million dollars in just the preliminary phase was no small sum, especially with Fowler's careful and meticulous management. If anyone believed that Obama's 2012 campaign was primarily funded by small donors contributing over a billion dollars, it would be a fairy tale.

"Chief of staff Huma Abedin, campaign manager Robby Mook, and particularly the finance director Dennis Cheng have all expressed their gratitude. Cheng even invited you for a private dinner when convenient. Hillary Clinton herself has called, inviting you to her fundraising dinner in New York later this year," Fowler said, clearly proud of the strides made.

"Very well, continue with the efforts. Let me know if there are any issues regarding finances," Bruce responded, unfazed by the money spent, confident that, when the time was right, it would yield generous returns.