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Hedge funder who was fired for criticizing Trump sues Bannon-backing Mercers

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Billionaire hedge fund mogul and major Donald Trump funder Robert Mercer is being sued by a long time employee for criticizing President Trump.

For two decades, research scientist David Magerman worked at Mercer’s Renaissance Technologies LLC. His employment ended on April 29, in what he claims was a wrongful termination.

“The dispute started on Jan. 16 when Magerman called Mercer and asked to have a conversation about his support of Trump, according to the complaint,” Bloomberg reported. “During the chat, Mercer said the U.S. had started going in the wrong direction ‘after the passage of the Civil Rights Act in the 1960s,’ according to the complaint. Mercer also said that black Americans ‘were doing fine’ in the late 1950s and are the ‘only racist people remaining in the U.S.,’ according to the complaint.”

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Additionally, the complaint claims Mercer said racial segregation was not an important issue.

“Mercer, a major investor in Trump-friendly Breitbart News, advised the president to hire two of the Mercer family’s longtime political advisers, Stephen Bannon and Kellyanne Conway,” Bloomberg continued. “Mercer emerged as one of the most influential Republican donors in the 2016 election, giving at least $2 million to Make America Number 1, a political action committee that began backing Trump in July.”

Mercer’s daughter Rebekah chaired the Make America Number 1 PAC. Rebekah Mercer was a member of Trump’s transition and also features in the lawsuit. It’s alleged she confronted Magerman on April 20 at a celebrity poker in New York City, calling him, “pond scum” and saying Karma, “is a bitch.”

The lawsuit Magerman v. Mercer, 17-cv-02083 was filed in U.S. District Court, Eastern District of Pennsylvania (Philadelphia).

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Trump’s lies and deception are catching up to all of us as the stock market posts ‘worst point drop ever on record’

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In a muddled, dishonest, rambling news conference from the White House press briefing room, President Donald Trump for over an hour talked to reporters Wednesday evening about coronavirus in an attempt to stave off three days of market near-collapse. He lied. He twisted the truth. He displayed little grasp of basic facts. He didn’t let the experts run the show.

He instilled no confidence Wednesday night. In fact, the DOW futures dropped as Trump began speaking:

Dow Futures dropped when Trump said the market fell 2k points because of the Dem debate pic.twitter.com/cvbviB2l9a

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‘People’s lives will be lost’: Psychiatrist warns ‘sociopath’ Trump is ‘getting worse’ — and failing in coronavirus response

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President Donald Trump's psychological problems are getting worse and could be consequential as America faces a potential COVID-19 coronavirus pandemic.

MSNBC's Lawrence O'Donnell on Thursday interviewed Dr. Lance Dodes, a former assistant clinical professor of psychiatry at Harvard Medical School.

"As you pointed out, Lawrence, this man is about himself. He really is not about the country, he's not about public health," Dr. Dodes said of Trump.

"Although he has already severely damaged the country by being a psychopath or sociopath -- in many ways, he's damaged democracy -- I think people's lives will be lost now," he warned. "Individual lives will be lost because of the way he's mishandling the coronavirus issue."

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2020 Election

‘Something really rotten’: Here’s the evidence of extensive voter suppression in Georgia’s notorious 2018 election

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As the 2020 presidential campaign cycle grinds on, there’s renewed concern about the 21st century’s newest form of warfare: cyber-sabotage of government systems, including elections and online disinformation intended to incite unrest. But as Suppressed: The Fight to Vote, a documentary from Brave New Films, makes clear, partisan voter suppression tactics with 20th-century roots remain and can thwart multitudes of voters from changing their state’s political leaders.

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