Sanders campaign says it has raised $6 million in its first day

[Hassin Bin Sober]

Sanders campaign says it has raised $6 million in its first day

https://thehill.com/homenews/campaign/430726-sanders-campaign-says-it-has-raised-6-million-in-its-first-day

Sen. Bernie Sanders (I-Vt.) has raised $6 million since kicking off his 2020 presidential bid on Tuesday, his campaign said on Wednesday.

Sanders, who announced his second bid for president early Tuesday morning, raised more than $5.9 million in the first 24 hours of his campaign. Soon after the 24-hour mark, that number had risen to $6 million, according to his campaign.

The record-setting fundraising haul was powered by small-dollar donations, with the average contribution totaling just $27, his campaign said — a number mirroring the average donation size frequently touted by Sanders during his 2016 White House campaign.

In all, more than 225,000 individuals gave to the campaign in the first 24 hours following his announcement.

[workinclasszero]

2. That is epic!

SO Bernie is the front runner, right?

[Uncle Joe]

3. With the average contribution being $27.00

Thanks for the thread Hassin Bin Sober.

[Hassin Bin Sober]

4. You are more than welcome.

[lapucelle]

5. $$$$ YOWZA $$$$

[ZeroSomeBrains]

6. Gave him $27 yesterday

And proud to do so!

[mysteryowl]

7. Truly remarkable!

I think it is unprecedented what he can do.

[Joe941]

8. That amount of money is amazing!

[CrossingTheRubicon]

9. How much from Our Revolution?

Let's have transparency.

[Hassin Bin Sober]

10. Wat?

[CrossingTheRubicon]

11. You heard me. How much of the $6 million came via Our Revolution?

Simple question.

[Hassin Bin Sober]

14. I'm not up on the latest conspiracy theories.

I’ll leave you to it...

[CrossingTheRubicon]

15. Sounds like deflection to me.

Where is the transparency?

[Hassin Bin Sober]

16. You want a list of all 250,000 donors within 24 hours?

Some of the smaller campaigns with a fraction of the number of donors wouldn’t even be able to pull this off.

I think you are just gonna have to wait.

[CrossingTheRubicon]

17. Like we've had to wait for the tax returns?

[GlennRuss]

21. I think

They got mixed up and lost with Hillary's emails lol jk jk

[red dog 1]

22. Thanks for mentioning "Our Revolution"

I did a google search and found it.

I'm now on their email list.

[George II]

12. $27?

[ecstatic]

13. That's according to his campaign. Is there any way to verify the average

donation amount, country, and occupation of the donors?

[namahage]

19. Funny thing is, for small donations

there is no requirement to collect any sort of identifying info.

Per the FEC:

Contributions of $50 or less
In advisory opinions, the Commission has recommended two possible accounting methods that satisfy recordkeeping requirements for contributions of $50 or less:

Keep the same information required for identifying contributions that exceed $50 (amount, date of receipt and contributor’s name and mailing address); or
In the case of small contributions collected at a fundraiser (such as gate receipts and cash contributions), keep records of the name of the event, the date and the total amount of contributions received on each day of the event.

And--equally interesting--a $27 dollar donation repeated 100 times just so happens to meet the maximum contribution limit from a single source (as of 2018--this limit is raised for 2020).

[ecstatic]

27. Well that's convenient! nt

[NurseJackie]

20. Ha! Love it!

[Dawson Leery]

26. LOL!

:kick:

[disillusioned73]

23. Wow..

that is impressive...

[IluvPitties]

24. Good for him.

[liberalnarb]

25. Proud to be one of the day 1 donors!

[Gothmog]

28. Washington Post-Why Sanders's money haul doesn't mean very much

I really love the Washington Post https://www.washingtonpost.com/opinions/2019/02/20/why-sanderss-money-haul-doesnt-mean-very-much/?utm_term=.e4e0b398fff7

For someone with nearly universal name recognition, an extensive donor list and a long run-up to his announcement, Sanders’s haul shouldn’t impress knowledgeable political watchers. (Should Joe Biden announce, I would bet his 24-hour fundraising total will dwarf Sanders’s total. A former vice president shouldn’t have to lift a finger to trigger a flood of money.)

More to the point, fundraising totals, I would argue, have as much predictive value as, say, poll numbers nearly a year before the Iowa caucuses (Feb. 3, 2020). Ask Ron Paul ($40 million raised in 2012, zero primary victories) or Jeb Bush ($155 million raised by his campaign and outside groups). Ask Hillary Clinton, whose fundraising prowess in 2008 didn’t secure the nomination and in 2016 struggled to defeat Sanders before losing to Donald Trump. (In the general election, Clinton raised about a quarter of a million dollars more than Trump.) Money only gets you so far and in some instances conveys an unwarranted front-runner status (e.g., Jeb Bush) that contributes to the perception of underperformance if the candidate doesn’t win in early states.....

Finally, Sanders has another obstacle that may undercut any money advantage he has. Ronald Brownstein explains that after Iowa and New Hampshire, “the next month of the primary calendar is dominated by states across the Sun Belt where non-white voters comprise a large share, and often an absolute majority, of the electorate.” He writes:

The pivot begins with Nevada and South Carolina, where contests will be held in the second half of February. The tilt toward diversity then explodes in early March when big Sun Belt states from Florida, North Carolina and Virginia in the southeast to Arizona and Texas along with California across the southwest will all crowd together on the calendar. . . .

That could advantage the candidates best positioned to appeal to minority voters, particularly African Americans -- a list led by black Senators Kamala Harris and Cory Booker, as well as former Vice President Joe Biden, who’s still considering whether to run.

[TeamPooka]

29. Give til it hurts. Every dollar donated now is one less buck for Jill Stein in the general.