General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums'It's already disastrous': Biden campaign fundraising takes a major hit
NBC News...snip...
Two of the sources said this month is on a path to be down by possibly half or much more, one of them said from large donors alone. Sources emphasized that the donations were down across the board.
Donors are negative. They had a call with the president. The call seemed so contrived to people; I dont think they buy it, one of the people close to the campaign said, referring to a recent national fundraising call between Biden and donors. They called on people who were the most loyal, die-hard There were no tough questions for the president."
Initially after the debate, the campaign reported an uptick in donors. But that quickly fell off, the sources said.
I was on the donor call, and the President was energetic, but I'll agree, there were no questions to him or the campaign team about righting the ship. I had put in a Q&A request but didn't get picked.
LeftInTX
(34,206 posts)lees1975
(7,036 posts)BComplex
(9,892 posts)We really need to keep pushing back HARD to get the truth out. We are definitely up against a lying machine that has millions of dollars of disinformation behind it.
lees1975
(7,036 posts)I've only heard of one major donor who's openly said she's witholding support.
And we also must consider that a good chunk of Trump's donations go to pay his legal fees. So that's one step forward, three steps back.
Firestorm49
(4,542 posts)Greybnk48
(10,717 posts)but a repeater. To Tammy Baldwin as well.
greatauntoftriplets
(178,941 posts)Every little bit helps.
Cha
(318,770 posts)greatauntoftriplets
(178,941 posts)Social Security check got deposited today. :
Cha
(318,770 posts)Contribute whatever we can.. so Biden hears from all kinds of people!
greatauntoftriplets
(178,941 posts)Especially over the last two weeks.
Cha
(318,770 posts)The Twilight Zone!
greatauntoftriplets
(178,941 posts)The overreaction to it has been disheartening. It's a dog-eat-dog world out there.
Cha
(318,770 posts)The sharks 🦈 dont need much if they smell blood 🩸 in the water 💦.
greatauntoftriplets
(178,941 posts)Lifeafter70
(961 posts)Went straight to Omaha Steve's link and donated 200
greatauntoftriplets
(178,941 posts)Lifeafter70
(961 posts)100 from me and a 100 from my hubby. Duer Lame54.
ImNotGod
(1,194 posts)brooklynite
(96,882 posts)I'm a member of the National Finance Committee and don't find the statements questionable.
FarPoint
(14,744 posts)It does not reflect the massive, ongoing support we have for Biden today and who will vote for Biden in November....
It's the vote that ultimately matters
brooklynite
(96,882 posts)The "massive, ongoing support" reflects the base voters which are not enough to win.
As admirable as grassroots donors are, the campaign is also dependent on mega donors.
FarPoint
(14,744 posts)he wins with votes.... yes I said votes....the GOTV efforts are full steam ahead....every vote counts...
Grolph_
(173 posts)FHRRK
(1,410 posts)Yet some will not get it.
Think. Again.
(22,456 posts)"WASHINGTON (AP) President Joe Biden s reelection campaign and the Democratic National Committee announced Tuesday that theyd raised $264 million in the years second quarter, an impressive haul that may help them calm fears within their own party about last weeks shaky debate performance.
The total includes $127 million collected during June alone, when the campaign says it took in more than $33 million on the day of the debate and in its aftermath. Biden also has $240 million in cash on hand, outpacing the $212 million it reported having last month."
Source: https://apnews.com/article/election-biden-fundraising-democrats-8492425af85796ad77844b77db6d0f30
Music Man
(1,664 posts)Unfortunately, for anything we may do, Trump and Company are trying to win an election too. Whatever we're doing, it's not enough.
sheshe2
(97,397 posts)However his grifting DIL now one of the heads of the RNC:
The RNC is about to become Republican In Name Only, funneling all that donated money to pay for Trump trials around the country instead of elections, says Chris Hayes on Lara Trump promising to spend all of the RNCs cash to fund her father-in-laws re-election campaign.
Feb. 15, 2024
https://www.msnbc.com/all-in/watch/lara-trump-vows-every-single-penny-of-rnc-funds-will-go-to-trump-204321861629
That $$$ is going to his legal fees.
hardluck
(781 posts)Your article discusses collections for the 2d quarter ending June 30. The OP discusses collections for July. Both can be true, e.g., great collections for the 2d quarter and a substantial slide in July.
Emile
(42,140 posts)Last edited Wed Jul 10, 2024, 06:59 PM - Edit history (1)
about the reelection of our Democratic President?
brooklynite
(96,882 posts)LeftInTX
(34,206 posts)"If it bleeds, it leads".
shrike3
(5,370 posts)Prairie Gates
(8,094 posts)sheshe2
(97,397 posts)jmbar2
(7,966 posts)All three of them today. Two very long posts at exactly the same time. That's amazing!
https://www.democraticunderground.com/100219130524
https://www.democraticunderground.com/100219129480
https://www.democraticunderground.com/100219129477
Sus...
jmbar2
(7,966 posts)sus...
Jersey Devil
(10,831 posts)and, once more, unnamed "sources"?
Donors are important to be sure, but they follow the wave rather than generate it.
brooklynite
(96,882 posts)How about: Donors are uncomfortable contributing more to a race they worry will be lost.
Based on the people I know, they'll shift their funds to the House and Senate races.
Jersey Devil
(10,831 posts)Of course, then the new nominee, providing it is not Kamala, will have to raise their own money because, as I understand it, they can't use Joe's pile of money. So then donors will have to pony up again, from scratch, probably spending way more than they anticipated to begin with.
brooklynite
(96,882 posts)They point out that Biden, while he has the delegate votes to be the nominee, doesn't have the Party unified behind him. That's a problem he needs to address.
Jersey Devil
(10,831 posts)Joe had a bad debate. He didn't drool on himself or shit his pants onstage like some donors and Dem pols suggest he did. Seems to me that you are just helping amplify the noise.
Think. Again.
(22,456 posts)REPORT FINDS BIDEN DEBATE CRISIS IS A BOGUS MEDIA CREATION
A new multi-university research project found that the debate did nothing to change voter preferences and that Biden is actually doing a better job of holding on to his supporters after the debate than Trump.
A multi-university project called CHIP50, which includes Northeastern University, Harvard University, Rutgers University, and the University of Rochester, issued a new report concluding that the first presidential debate had no impact on voter preferences.
The report found:
The predominant pattern we see in the data is stability in voters preferences. Overall, 94% of those who chose Biden and 86% of those who chose Trump in our May survey still preferred the same candidate after the debate. There was a small rate of change from Biden to Trump or vice versa less than 3% shifted in either direction. We observed more churn between those who favored either Biden or Trump and the Other category. About 4% of Bidens and 6% of Trumps supporters in the earlier wave shifted to Other post-debate. At the same time, 6% of Other shifted to Biden, and another 6% shifted to Trump.
The net effect of this churn was still quite small: out of a total sample of 1262 repeat respondents, there was a net shift toward support for Biden of 36 voters, and for Trump of 27 voters.
-snip-
choie
(6,899 posts)Who is this Party you speak of? The donors and the political operatives?
sheshe2
(97,397 posts)That was the consensus after your big closed door meeting with the money men?
Defund Biden because he won't step down? I sure hope that wasn't the case because he is the only chance we have of winning. During your big meeting did you discuss a new candidate and how you could possibly get them up and running and on the ballot in 112 days. I ask this because all the people that have called for him to step down not once have they told us how this will work.
edisdead
(3,396 posts)sheshe2
(97,397 posts)Bettie
(19,645 posts)Biden steps down...something happens...VICTORY! things.
No actual plan, just the desire to ensure that most Democrats who voted in the primary understand that their vote did not count. At. All.
Perhaps the money people are willing to sink a couple of billion into a late race Hail Mary, but I doubt it.
However, the people who are demanding it are wealthy enough that hey will be safe from the dictatorship that the rest of us will be living under.
sheshe2
(97,397 posts)They think they will be but who knows.
Bettie
(19,645 posts)from things that it would be a shock to them if they actually had to face what the rest of us face.
bluescribbler
(2,509 posts)Why not look at the grassroots? I have seen no evidence that the debate hurt the President with actual voters. What we need to do is to keep the faith with the people who already supported him and to convince the undecided or wavering that there is no alternative if they don't want to see the country destroyed.
FarPoint
(14,744 posts)Same old song ...strong opnion without teeth .....
BlueCheeseAgain
(1,983 posts)President Biden got a boost right after he nailed the State of the Union, for example.
The boost after the debate felt like it was more born out of desperation and worry.
Trueblue Texan
(4,423 posts)LuvLoogie
(8,800 posts)kerry-is-my-prez
(10,264 posts)Like Trump (and a lot of other candidates do). Answer with something good that hes done or something derogatory about Trump. Have these soundbites developed and at the ready.
msongs
(73,682 posts)brooklynite
(96,882 posts)shrike3
(5,370 posts)Why I keep my skepticism handy.
shrike3
(5,370 posts)sheshe2
(97,397 posts)-from the OP link
Holy shit. That article is a hit piece.
shrike3
(5,370 posts)Blaukraut
(5,992 posts)What more should or could Biden do that's within the realm of the feasible to warm up cold donor feet? At this point, he is who he is and won't magically run around like a man half his age and sound like it, too. Would our chances be better at beating Trump if Biden did withdraw from the race?
There just don't seem to be any good options that would increase our odds of winning in November.
LisaL
(47,418 posts)When exactly is there time for that?
Blaukraut
(5,992 posts)If it's Kamala, isn't she already part of the ticket and co-recipient of those funds? I honestly don't know how any of this is supposed to work. It's frustrating to watch and not being able to do anything other than donate and canvass. (which we do regularly in neighboring NH)
shrike3
(5,370 posts)Kamala isn't on everybody's fantasy ticket.
LisaL
(47,418 posts)as far as I am concerned.
shrike3
(5,370 posts)LisaL
(47,418 posts)I guess that's what they are really after.
shrike3
(5,370 posts)Fiendish Thingy
(23,071 posts)The Biden campaign can give the money to the DNC, who can give it to whoever.
shrike3
(5,370 posts)if they want.
Fiendish Thingy
(23,071 posts)Links please.
shrike3
(5,370 posts)Harris name is listed on FEC filings for both Bidens statement of candidacy and his campaign accounts statement of organization, meaning she would likely be able to use the funds if she continues with the campaign. Campaign finance law also states that a campaign committee designated by a presidential candidate can be used by the partys vice presidential candidate.
Both candidates are on the account, Gross said. And I would think that she would be able to use the money if she is running for president. She would be the only one that could do that.
The Campaign Legal Centers campaign finance team also determined that Harris could access the money in the account if she succeeded Biden as the partys presidential nominee.
But they noted via email that Harris would only be able to access those funds if she is at the top of the ticket. In other words, if she remained the vice presidential nominee and the party picked a different presidential nominee, that would be a different campaign.
https://www.nbcnews.com/politics/2024-election/biden-campaign-money-kamala-harris-rcna159850
Also Forbes
https://www.forbes.com/sites/saradorn/2024/07/09/what-happens-to-bidens-campaign-cash-if-he-drops-out/
Fiendish Thingy
(23,071 posts)(Italics and bolding mine)
Rajan and Gross also noted that if Biden steps aside, the funds could be transferred to a charity or a super PAC, which would not be able to coordinate with the campaign. The funds could also be transferred to the national party.
shrike3
(5,370 posts)And the party is not a campaign?
Read the Forbes link. It's complicated. It's not a matter of clapping our hands to show we believe in fairies.
Fiendish Thingy
(23,071 posts)If neither is on the ticket, and that statement was false, as shown in your link.
I said the campaign could transfer the money to the DNC, who could then give to any Dem candidate for any office, which is true.
brooklynite
(96,882 posts)...its that, if you wanted those funds made available to a candidate who wasn't Kamala Harris, the best strategy would be to refund the donations and ask the donors to contribute the same amount to the new campaign committee.
shrike3
(5,370 posts)Thanks for acknowledging it's much more complicated than that.
brooklynite
(96,882 posts)...he has to lock down the public support of the House and Senate members. Letting this drag out day after day is deadly.
People will observe that the a lot of the criticism was in private meetings. That's true, but ask yourself: how many public statements of support have their been in the past week?
LisaL
(47,418 posts)He has enough delegates for the nomination. Those delegates are going to vote for him.
brooklynite
(96,882 posts)Carter came out of the 1980 Convention without strong support from the Kennedy faction. Hillary Clinton came out of the 2016 Convention without strong support from the Sanders faction. Biden doesn't face an ideological split, but if his Congressional Delegations aren't publicly for him , he's going to be a damaged nominee going into September.
shrike3
(5,370 posts)LeftInTX
(34,206 posts)Kennedy for Carter?
Maybe Kennedy could have pulled it off. But Sanders would not have made the cut. We would have gotten Trump in 2016 regardless.
Is switching out presidential candidates gonna work or is this like a sitcom when they experience low ratings and bring in a new character or plot twist that causes the ratings to go even lower?
It feels like a cheap TV gimmick to me.
This isn't a TV plot. This isn't Hollywood.
brooklynite
(96,882 posts)I am saying Biden himself has to solve his unity problem NOW.
choie
(6,899 posts)Blaukraut
(5,992 posts)If what Clooney says is true, that Biden has slowed down considerably, that means he's not the only one who has noticed. Other donors and House and Senate members who call on him to withdraw are likely basing it on their own personal communications with the President.
If their concerns are only based on the debate, and the ensuing media frenzy and overall panic, then it's on them to snap out of it and start turning the focus on Trump.
brooklynite
(96,882 posts)No 10 minute phone calls. He has to go into a room, hear every criticism and worry, and convince them he's up to the task.
The campaign team is meeting tomorrow with the Senate Caucus. Once again, it would be more effective if Biden did it himself.
Just_Vote_Dem
(3,634 posts)Do you think it will be a big help if he does well?
brooklynite
(96,882 posts)Just_Vote_Dem
(3,634 posts)Blaukraut
(5,992 posts)shrike3
(5,370 posts)Funny, George had no issues with Bidens presentations during his week long summit and the day he returns, has a bad debate, he screams he is SLOW and MUST STEP DOWN!!! 🤔
JHC!!!
BootinUp
(51,261 posts)brooklynite
(96,882 posts)BootinUp
(51,261 posts)shrike3
(5,370 posts)DoBW
(3,202 posts)I want the whole package, Biden, Harris, the cabinet, the staffers, the west wing, the works.. they're all winners. we got a good VP to pick up any slack
shrike3
(5,370 posts)He hasn't lasted fifty years by being a babe in the woods.
ecstatic
(35,064 posts)Put your money where your mouth is. That's a huge metric that will determine Biden's fate.
FarPoint
(14,744 posts)Why even watch this bloody propaganda in the first place?
Why even bring it here to DU?
I'm voting Biden . Never blinked
brooklynite
(96,882 posts)...whether the facts are "good news" or not.
Just_Vote_Dem
(3,634 posts)I think Biden is doing just fine.
The doomy naysayers, not so much.
DoBW
(3,202 posts)Just_Vote_Dem
(3,634 posts)I like being updated on what things you are familiar with on the inside at this time
emulatorloo
(46,154 posts)phylny
(8,818 posts)I donate to him monthly. Ill continue to do so.
PunkinPi
(5,268 posts)krawhitham
(5,071 posts)brooklynite
(96,882 posts)Tomorrow I have my third DNC donor call since the debate. That tells me something,.
Think. Again.
(22,456 posts)"WASHINGTON (AP) President Joe Biden s reelection campaign and the Democratic National Committee announced Tuesday that theyd raised $264 million in the years second quarter, an impressive haul that may help them calm fears within their own party about last weeks shaky debate performance.
The total includes $127 million collected during June alone, when the campaign says it took in more than $33 million on the day of the debate and in its aftermath. Biden also has $240 million in cash on hand, outpacing the $212 million it reported having last month."
Source: https://apnews.com/article/election-biden-fundraising-democrats-8492425af85796ad77844b77db6d0f30
Response to brooklynite (Original post)
Post removed
LisaL
(47,418 posts)NT
LeftInTX
(34,206 posts)https://www.cnn.com/2024/07/10/politics/chicago-donors-fundraiser-convention/index.html
Freethinker65
(11,203 posts)Those Congressional Democrats can run ads touting themselves, and add without Democratic leadership in the WH, Trump will have veto every good bill that crosses his desk.
mainer
(12,548 posts)Every single person I spoke to wants Biden to step aside. They will all vote for him regardless, but theyre starting to get angry that Biden is not listening to concerns.
And theyre sending their money to down-ticket Dems instead.
shrike3
(5,370 posts)They're hardly paying attention to this controversy. Nobody's talking about it. Pro or anti-Biden bias seems to be baked in. People have the same opinions they did before the debate. I'm starting to wonder if this is a crisis only for the political class.
Buns_of_Fire
(19,138 posts)Deminpenn
(17,471 posts)Do you and your donor buddies have a plan to raise the hundreds of millions of dollars needed for a candidate other than Biden or Harris in order for that candidate to be competitive since a different candidate can't use any of their campaign funds?
Do you have a plan to replace any top campaign managers, staff and volunteers who might quit, possibly en masse?
Do you have alternative media but plan given how much time has already been reserved and ads already been made and are running?
If not, you are engaging in magical thinking.
I'd suggest rather than spending your time posting here at DU, you and your donor pals get together and give yourselves a reality check
Ftr, I would want you or any of your rich friends on my side in a bar fight.
LisaL
(47,418 posts)They want some imaginary new candidate. How is that candidate going to win with so little time left, no money for campaigning? And if this candidate doesn't do well in polls, are they going to demand he (or she) resigned as well?
FHRRK
(1,410 posts)brooklynite
(96,882 posts)I've been clear on that point since the debate.
You're also aware that, as a prospective replacement, Kamala Harris would have access to the funds in the Biden-Harris campaign?
Jersey Devil
(10,831 posts)Someone posted that the Wall Street Journal reported that Harris could only use the money if Joe is nominated and then steps aside. I don't know if that is accurate but we better find out without blindingly leaping into anything.
Deminpenn
(17,471 posts)to inform your donor class friends of the potential consequences of pushing Biden out. And it's not just campaign funding, it's potentially alienating enough Dem voters to cost Dems not only the election but control of the Senate and re-gaining control of the House. Let them know you interact with Dem base voters and share that we are very, very angry about them and others in their circle trying to push Biden out.
I can only write for myself, but I voted "uncommitted" in my state Dem primary as a protest to the WH policy with respect to the ongoing war in Gaza, but am solidly behind Biden now that he has clinched the nomination. My rep has been supporting Biden, but if he would decide not to, I would still vote for him, but would be open to supporting a primary challenger next election cycle. I'm not kidding around and would bet I have plenty of company.
brooklynite
(96,882 posts)
with the campaign and my political contacts.
The ultimate responsibility for addressing the issue still lies with Biden.
Deminpenn
(17,471 posts)Thank you
LostOne4Ever
(9,749 posts)I can't make up for the shortfall but I will do what I can! I hope you all can do what you can as well, and maybe together we can match and maybe even surpass what was lost!
Go Joe! Show them you are a fighter and beat this ugly, hateful, fascist loving, overgrown candycorn asshole!
NoMoreRepugs
(12,036 posts)the guy who has ACCOMPLISHED more than any President in recent memory has a bunch of whiny ass pricks among his party and supposed supporters. Very very sad.
kerry-is-my-prez
(10,264 posts)Greediness in this country and for damaging the environment. A lot of the Magats will be hurt by his policies so they will get what they deserve. The rest of us - not so much.
gay texan
(3,204 posts)Boy this getting old....
ret5hd
(22,482 posts)brooklynite
(96,882 posts)I know many of these people; theyre not pro-Trump.
edisdead
(3,396 posts)Never miss a beat.
Scrivener7
(59,414 posts)BannonsLiver
(20,542 posts)That instead was just one long thread with people calling out the OP. I can feel the frustration from here.
brooklynite
(96,882 posts)Please enlighten everyone as to why I want to be "demoralizing".
nb: Just got off a Biden campaign call where another ask was made for support from major donors.
brooklynite
(96,882 posts)...wouldn't want to you read it and become demoralized.
JohnSJ
(98,883 posts)together, and people like carville going to big donors urging them not to donate until. Biden drops out. That little nasty twirp has no business playing these blackmail games.
What is happening is that small donors are contributing to Biden though.
As for me, I am done with DU until we move froward instead of being led by a hostile MSM, which isn't just anti-Biden, but anti-Harris by proxy.
In fact that is what Haley campaigned on, and what a few pushed by suggesting other people to replace Biden that werent the VP.
That is the other elephant in the room
Baggies
(666 posts)You also said, Donors are uncomfortable contributing more to a race they worry will be lost. Based on the people I know, they'll shift their funds to the House and Senate races.
I can see that being the case 100%.
Thanks for these updates. I would much prefer knowing whats going on as opposed to closing my eyes and being a cheerleader.
Response to brooklynite (Original post)
DiamondShark This message was self-deleted by its author.