Ruston political power broker James Davison, a wealthy supporter of politically conservative causes, has apparently brokered a deal with Donald Trump that would benefit one of his many companies, according to an investigative piece published by online news services ProPublica.
Davison, known for hosting political heavyweights like Anita Bryant and Colin Powell at his annual company Christmas parties, has apparently brokered a deal for Trump Media to purchase technology to stream television news shows and religious channels at risk of “cancellation” on Davison’s obscure JedTec according to an announcement by Trump Media.
“Obscure” would appear to be the accurate term as JedTec “has virtually no public footprint and no website, and it is unknown to streaming technology experts,” the ProPublica story says.
ProPublica noted that the acquisition would place Trump’s company in a “business relationship with someone with numerous interests before the federal government.”
Those interests, according to the article, would include a large oil pipeline and mining firm, Louisiana’s largest (but little-known) bank and a small defense contractor. ProPublica said the streaming deal “crystalizes the sort of conflicts that Trump’s business interests pose as he vies for a second term” in that the deal poses a “potential for undue influence,” according to a former government ethics attorney, by giving Davison “access to a future president and an advantage in extracting favors from Trump.”
To be fair, in addition to his political clout, – “He’s a powerhouse,” according to former Ruston Daily Leader publisher Rick Hohlt – Davison is well-known as a philanthropist for local institutions like Louisiana Tech University and a local church.
Davison has contributed about $3 million to federal Republican candidates and causes and more than $250,000 to state candidates since 2011. He has also benefitted from large tax breaks granted to his pipeline business by the Trump administration. The breaks are scheduled to expire next year but Trump has promised to extend the controversial tax law should he win in November.
The deal announced by Trump Media involves several entities, including another Davison company, WorldConnect and a British firm, Perception Croup, the latter which has offices and engineers in Slovenia. WorldConnect’s listed phone numbers are disconnected and the outfit’s latest press release was said to be eight years old. One such press release, from 2012, was in celebration of the launching on a streaming platform in the United Kingdom of China Central Television, the propaganda channel of the Chinese
WorldConnect listed only seven staff members on its website, which was taken down in its entirety only hours after ProPublica sent questions about the company to its executives.
A person familiar with the history of WorldConnect said that the company entered into a joint venture with Davison in 2017 to buy the rights to sell Perception Group’s TV technology in the United States. Davison put up most of the money for the deal, according to ProPublica.
Another Davison connection to Trump, one which existed before the streaming deal was announced, was in the person of Ruston attorney W. Kyle Green who sits on Trump Media’s board. Green also just happens to be Davison’s lawyer and is listed as the agent of record on business filings for JedTec with the Louisiana Secretary of State’s office.
Green’s Trump Media biography might raise a few eyebrows to the local folks up in Ruston. As the city’s one-time city prosecutor for eight years, he “successfully prosecuted more than 20,000 criminal defendants,” it said.
That would mean that virtually every person living in Ruston has a criminal record. The city’s entire population is about that number. ProPublica cited a “longtime district attorney in the area” as saying that number of prosecutions in a city that size would necessarily mean that the total cited included traffic tickets, low-hanging fruit for prosecutors and which certainly do not rise to the level of “criminal defendants.” Moreover, as city attorney, he would be pretty much restricted to misdemeanors and small claim civil matters.
The announced deal between Trump Media and JedTec calls for the payment of $17.5 million in cash and up to 5.1 million shares of stock in JedTec – about $150 million at current market value.
Not surprising and typical of Trump’s bluster, a Trump Media spokesperson puffed up his chest and threatened legal action against ProPublica in response to its article, sniffing in the usual legalese that “The assertions and insinuations in this story, including of any ethical improprieties whatsoever or any material omissions from [Trump Media] disclosures, are false, defamatory and a textbook example of a fake news story that will land the left-wing shills at ProPublica in court.”
(Oh, yawn).




