1y ago

Biden eclipses Trump and GOP field with $71 million third quarter haul

www.cnn.com Biden eclipses Trump and GOP field with $71 million third quarter haul | CNN Politics

President Joe Biden raised more than $71 million for his reelection campaign and the Democratic Party in the third fundraising quarter of the year, his campaign announced on Sunday, far outpacing former President Donald Trump and the rest of the GOP primary who have reported their results so far.

The president’s political operation with the Democratic National Committee ended the quarter with $91 million, the campaign said. Biden’s campaign did not disclose how that money was divided between the campaign and the party committee.

The president nearly met the $72 million that he raised in the first fundraising quarter this year, though that period was three weeks shorter since he launched his reelection in late April.

18 comments

Legalized bribes that are required to win an election.
Greatest system ever, right there.
- Since citizens united this is sadly true. That said, the average contribution was $39. And 97% of the total came from contributions under $200.
  
  Since citizens united this is sadly true.
  It was true before citizens united as well. Citizens united just formalized it.
- This is not even where the bribes flow. That's through the PACs. This is almost entirely small, individual contributions from actual people who care more about their stake in society than smug cynicism.
- My Modest Proposal is that we dispense with elections altogether, and elect people based on how much money they raise. All money raised, win or lose, goes directly to paying down the deficit. Any money spent on other things (ads, escorts, cocaine, legal bills, etc) doesn't count. If a challenger doesn't at least raise half the money that the victor raises, that party is disqualified from running a candidate again for the next office.
  One Dollar, One Vote, just as the Founders intended.
  
  Elon Musk is elected President in this way, because he said "fuck it" and put in $50 billion, with Michael Bloomberg taking the VP spot. As President, by Executive order he decrees your taxes will be appropriated to fund his X-for-everything-app hobby project.
  If a "legal person" is allowed to become president then it's President Apple vs. Microsoft vs. Google. VP Candidates are Nestle vs. Disney vs. Lockheed Martin.

Amazing what being the only realistic alternative to naked fascism will do for your fundraising numbers.

And he doesn't even have to spend 80% of it on legal fees.
- He gets to spend it on ads, signs and other super important stuff that I’m sure will benefit the people for years to come. Capitalism fuck yeah!

Well the GOP are not showing the swing voters that can actually do anything. Everything the GOP has done recently (longer then but just more visible) is obstruct not just Democratic but themselves too.
- I mean, it also makes sense numbers wise. Republicans still need to pick their guy, democrats literally have one person to give money to.

This is the best summary I could come up with:
The president nearly met the $72 million that he raised in the first fundraising quarter this year, though that period was three weeks shorter since he launched his reelection in late April.
Katzenberg argued it provides Biden with an upper hand as he’s able to devote the early resources toward the general election while Republicans battle it out in their primary.
“Actions speak louder than words, and what this result is really about is not the vibes, not the feelings, not the angst, not the tea leaf reading.
Biden’s latest fundraising figure is higher than that raised by the candidates in the Republican presidential primary, according to the amounts reported so far.
Biden’s campaign has also doubled the number of donors who have committed to donating every month since last quarter, with the figure now reaching over 112,000 people.
The president’s team used some of the same online tactics from the second quarter to scoop up money from small-dollar donors, raising nearly $2.5 million through a contest to meet Biden and Obama and bringing in close to $2 million since August through the sale of “Dark Brandon” mugs, which Biden pitched through social media videos.
The original article contains 764 words, the summary contains 195 words. Saved 74%. I'm a bot and I'm open source!

Elections are just venture capital funding pitches

He’s going to need it after openly supporting a genocide that a lot of Americans are waking up to.
- I don’t really care that I’m getting downvoted, but I am surprised?
  I probably could have given more context, but I made this comment in good faith and genuinely think this will be an issue for him given the last several days.
  Even if the majority of the country is in support of supporting Israel at this time, the IDF is committing verifiable war crimes against civilians, which the UN is criticizing. Supporting that both in words and funding is going to make it hard for a lot of people to vote for Biden who would have otherwise just to avoid any chance of Trump getting elected.
  There’s been pro-Palestine protests all across the country this weekend. I’m seeing a lot of anger for him in other areas online from people who claim to have voted for him; more than I’ve seen since he was elected. I’ll be interested to see how support for him is in polls and surveys in a few weeks.
  I could be wrong, but I think this will be one of his biggest hurdles next year when running for reelection.

Look at all that Israeli money flowing in…

18 comments