The Sanders Campaign raised over $2.7million today.

[HerbChestnut]

Holy smokes.

Link to tweet

?s=19

[CentralMass]

1. Nice.

[ecstatic]

2. From who though?

The RNC? Not trying to be funny or rude. I'm genuinely curious about who is making these donations. I can't picture any of the Bernie supporters I know donating money to him.

[HerbChestnut]

3. 150,000 people, apparently.

[R B Garr]

4. Yeah, you have the Right questions...

Been wondering the same for some time now.

[billpolonsky]

7. So we're now questioning where his money is coming from?

2.7 million from 150K people is 18 bucks a pop.

Can we ask where the other candidates got their money?

https://www.fec.gov/data/candidates/?election_year=2020&office=P&party=DEM&is_active_candidate=true&has_raised_funds=true

[cliffside]

10. I gave, as much as some think it is a fault, I think a NHC system, climate change

are all things someone should not waver on? My son, his roommates, my daughter who is a physician, it all adds up, little donations. Guess your Bernie supporters are not really supporters just pretend supporters?

[Voltaire2]

16. Unlike some of the other candidate funding sources

who is donating to the Sanders campaign is in the public records, by law. So bring the evidence. Or admit that you are just making shit up.

[msongs]

5. oh look the guy who rants about the evils of money is raking it in hand over first. nice nt

[HerbChestnut]

8. At a whopping $18 per donation. OMG the horror!

[cliffside]

11. +1 nt

[Bumperstickers]

15. +1000

[lapfog_1]

9. To put this in some perspective

Bloomberg made about $12M today...

but just from interest on his $63B... at an APR of only 7%.

so no matter what anyone thinks of his debate performance, he can stay in as long as he wants.

[cliffside]

12. Being retired, would love an APR of 7% if relatively safe...

if one has enough money they can take risky investments and balance those with other low risk investments.Ten year treasury rates are about 1.57 %, they have been going down since the high in 1981 when they topped just over 14%. Tax cuts were great for the wealthy, not so much for those trying to live on a fixed income and reduce risk.

[lapfog_1]

13. tax free muni bonds are running 3 to 3.5% APR

but Mike would have access to much more lucrative deals such as short term (days) corporate borrowing bridge loans... that are likely paying 8% (sort of like a payday loan for people, but at much more reasonable APRs).

Not saying Mike is making 7% across his entire investment portfolio (likely as not the bulk of his money is still in stock in Bloomberg, Inc.)... but if he was making a modest return... he would be making IN INTEREST many times what the other candidates make from contributors... and he does this every day, whether he did well in a debate or not.

[cliffside]

14. Thanks and you make a good point, once someone has acquired enough wealth ...

they can sit back and avail themselves of the best financial planners, move money around with hardly a concern. Equities still have outpaced any bonds, but I hear you about muni bonds. Amy did well, I did not see her shaking as some have said, she is rising and Pete is sinking, JMHO.

If nothing else this will be an interesting few months!