But Ricketts says he's against government spending. (As Elizabeth Warren says, "Republicans say they don’t believe in government. Sure they do. They believe in government to help themselves and their powerful friends.")
Ricketts is funding his own super PAC, which he calls the Ending Spending Action Fund. And he's planning on spending $10 million to help Mitt Romney win the presidential election.
The Wall Street Journal has the story:
A billionaire investor whose family owns the Chicago Cubs is pressing ahead with a multimillion-dollar pro-Republican political campaign, bucking a political furor that emerged when the effort first become public.
Joe Ricketts, the founder of what became online brokerage TD Ameritrade Inc., plans to spend $10 million airing ads supporting GOP nominee Mitt Romney and another $2 million to help Republicans running for Congress. The ads will begin airing this week.
The ads stack up as one of the biggest electioneering efforts by an individual in the 2012 election. National cable television spots will feature disaffected Obama supporters talking about ...We think Ricketts should just put that money toward an impact player for the Cubs.