Tech investor David Sacks says ‘Biden was always a puppet’ for Democratic Party

Tech investor David Sacks delivered an impassioned diatribe within the wake of Thursday’s presidential debate, declaring it revealed that the Democratic Party is propping up President Biden as a “puppet” to advance the social gathering’s pursuits.

Sacks, the co-founder of enterprise capital agency Craft Ventures who just lately introduced his support for former President Trump, made the remarks throughout an episode of “The All-In Podcast” that was launched Friday after Biden’s dismal debate performance spurred calls for him to drop out of the race over considerations about his age and competency. Democratic leaders have defended President Biden within the wake of the talk and pushed again in opposition to calls for him to get replaced because the social gathering’s nominee.

Sacks stated Biden’s efficiency uncovered that the Democratic Party has been supporting Biden as a figurehead to deflect consideration from social gathering members’ targets of utilizing political clout to funnel energy and cash to allies.

“The Democratic Party is a collection of interests who want to remain in power. The Democratic Party is the party of government,” Sacks stated. “Its goal is to allocate money and power from the government to the collection of interests who back the Democratic Party. In other words, it’s basically a collection of interests who want to loot the Republic.”

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President Biden’s debate efficiency prompted calls for him to step down because the Democratic Party’s presumptive nominee, although social gathering leaders have supported him within the wake of the talk. (Christian Monterrosa/AFP through / Getty Images)

“Well, obviously no one’s going to vote for that. So they have to make it about something else. They choose a figurehead, they talk about how this is about saving democracy. They basically invent, hoax after hoax, lie after lie to basically maintain their power,” he continued.

“And I think what’s happened is, the mask has come off, the whole shell game has been revealed. It’s obvious that Biden was always a puppet for these interests who were hiding behind him. And now, it’s all being exposed,” Sacks stated.

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David Sacks stated President Biden is a “puppet” and “figurehead” for the Democratic Party. (Beck Diefenbach / Reuters)

Earlier this month, Sacks introduced his endorsement of Trump and held a fundraiser at his residence in San Francisco with podcast co-host Chamath Palihapitiya that raised about $12 million for Trump’s marketing campaign. Tickets to the fundraiser value $50,000 per particular person and contributors might spend as much as $500,000 per couple for particular entry and a photograph with Trump.

Sacks had beforehand signaled his support for Trump throughout a March assembly in Washington, D.C., with Sen. JD Vance, R-Ohio, and Donald Trump Jr., the previous president’s eldest son.

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Sacks hosted a fundraiser for Trump’s marketing campaign that raised $12 million. (Josh Edelson/AFP through / Getty Images)

The day of the fundraiser, Sacks publicly endorsed Trump and stated in a submit on X, previously Twitter, “I give to many, but endorse few. But today I am giving my endorsement to our 45th President, Donald J. Trump, to be our 47th President. My reasons rest on four main issues that I think are vital to American prosperity, security, and stability – issues where the Biden administration has veered badly off course and where I believe President Trump can lead us back.”

Sacks defined that “the voters have experienced four years of President Trump and four years of President Biden. In tech, we call this an A/B test.”

“With respect to economic policy, foreign policy, border policy, and legal fairness, Trump performed better. He is the President who deserves a second term,” Sacks wrote.

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Previously within the 2024 election cycle, Sacks supported Florida Gov. Ron DeSantis for the Republican nomination and co-hosted the governor’s marketing campaign launch event on Twitter Spaces earlier than the platform was rebranded by Elon Musk. The launch occasion was delayed for almost 20 minutes as a result of technical points that arose when over 600,000 listeners tuned in, in line with Musk.

Fox News’ Paul Steinhauser contributed to this report.