Democratic mega-donor reaching out to Pelosi, Schumer in bid to stop Sanders

[RandySF]

Senior congressional Democratic leadership has been approached by a well-known mega-donor who encouraged them to endorse a Democratic presidential candidate who isn't Sen. Bernie Sanders (I-Vt.), CNBC reports.

Bernard Schwartz, the CEO of BLS Investments, has recently reached out to both Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Charles Schumer (D-N.Y.), according to CNBC.

“We should know who is the best person to beat Donald Trump, and with all due respect, Bernie Sanders cannot beat Trump,” Schwartz told the network.

“They have good political reasons not to endorse until the primary is over, but I think we are losing too much if we give up on this position,” Schwartz added.

According to CNBC, Schwartz didn't direct Pelosi and Schumer toward a specific alternative candidate, but he is a major backer of former Vice President Joe Biden's campaign.





https://thehill.com/homenews/campaign/484840-democratic-megadonor-reaching-out-to-pelosi-schumer-in-bid-to-stop-sanders

[Sloumeau]

1. K&R

[empedocles]

2. More simply, BS is least likely to beat trump - should he get that far.

[Cha]

24. +1

[Gravitycollapse]

3. LOL. How is this anything but good PR for Bernie?

[Hassin Bin Sober]

4. Yes, yes, tell us more, large donors!

[Uncle Joe]

11. Bernie Schwartz

(snip)

Schwartz is a lifelong Democrat. According to NBC News, he was the largest single contributor to the Democratic Party from 1992 to 1996. In 1996, he celebrated his 71st birthday with Bill and Hillary Clinton at the White House.[5] In 1998 Schwartz became embroiled in a campaign donations scandal and an alleged transfer of missile technology to China that occurred in 1996. He was exonerated of any wrongdoing in the campaign finance matter after a Justice Department investigation.[6][7][8] Loral settled the missile transfer matter with the Justice Department in 2002, paying a $14 million fine and admitting no wrongdoing.[9]

In 2016, Schwartz donated US$1 million to Priorities USA Action, a Super PAC supporting Democratic presidential candidate Hillary Clinton.[10] Schwartz is also in the $5 million - $10 million bracket of donors to the Clinton Foundation.[11]

(snip)

https://en.wikipedia.org/wiki/Bernard_L._Schwartz

[Cal Carpenter]

22. Oh that's fucking charming.

[Hassin Bin Sober]

32. He seems nice.

[JudyM]

5. Because voters shouldn't be trusted to designate their own candidate.

[Cal Carpenter]

10. Right? Can't trust the unwashed masses to know what's best for them.

[Wellstone ruled]

6. Only the first mega hitter to step up.

There will be others.

[BilltheCat]

38. True indeed

[Cal Carpenter]

7. Yeah, not a good look

I'm gonna assume that they aren't actually considering this.

[efhmc]

8. Bernie, the nonDem, cannot beat DJT.

[DanTex]

9. Wait, I thought there was no such thing as the "Dem establishment" and it was a loony

conspiracy theory to say the Dem establishment was against Bernie!

[Cal Carpenter]

14. Well, to Pelosi and Schumer's credit

They don't seem to he taking him up on this offer.

But it's good to know that folks with money to burn (no pun intended) are trying to waste it on this.

[OliverQ]

19. I know right?

It's almost like Bernie was right and the Dem establishment is trying to destroy him.

[aikoaiko]

12. Bernard Schwartz:"We should know who is the best person to beat Donald Trump"

This is why Bernie stands off to both the Republican and Democratic party establishments.

[Baclava]

13. They gonna hafta try something, Bloomberg is tanking...

Nate Silver@ 538: "Bloomberg is in quite a lot of trouble. His national polls have stalled out or begun to reverse themselves. He's fallen to 11% in our CA polling average."

[33taw]

15. I am surprised he is that high.

[totodeinhere]

16. I always thought it would come down to Joe or Bernie.

If Joe does as well in South Carolina as the latest polls indicate it could get very interesting.

[evertonfc]

17. Bernie

will lose the entire Southeast to Trump going away. Joe will compete in NC, FL and GA. That much I know.

[JudyM]

35. Have you looked at NC polls in the past couple of weeks?

FWIW, Sanders beats Biden 4 out of 5 and ties in a 6th poll. The latest GA poll Biden’s out front but the one prior he was ahead of Sanders only by a point.

[OliverQ]

18. Shocker. Rich donors don't want to pay taxes.

Of course they want the moderates who will keep the rich happy and maintain the status quo.

[lame54]

20. He can if you get on board Schwartz

[babylonsister]

21. Dirty pool. nt

[Steelrolled]

23. Democratic establishment at work

Maybe Mr Schwartz will start putting out anti-Bernie ads. Why wait for the Republicans do it?

[Cha]

25. Thanks, RSF!

[emmaverybo]

26. Might help adjust for Russia and Trump's helping Bernie.

[CentralMass]

27. ...

[SamKnause]

29. Get out and vote for who we tell you to.

Sickening.

[Moderateguy]

30. I am glad Pelosi and Schumer have ignored him..

If he wants to stop Sanders that badly, he can jump in the race-no one's stopping him

[oasis]

31. On behalf of Pelosi, Schumer, and down ballot Democrats, I accept.

[CentralMass]

34. Riddle: How many oligarchs does it take screw Bernie Sanders.?

[colsohlibgal]

36. A Few Apparently

The Richie Riches sure fear Bernie and I assume Warren and that’s why I root for them both over the so called Moderates.

I think it is time to tackle the growing economic gap between the haves and don’t have or barely have enough.

[CentralMass]

37. Well said.