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Was Tom Steyer’s Campaign the Worst in Presidential History? Billionaire spent $3,373 per vote and earned zero delegates
California Globe ^ | February 29, 2020 8:01 pm | By Ken Kurson,

Posted on 03/01/2020 6:10:41 PM PST by SmokingJoe

With the results in from South Carolina, a strong case can be made that Tom Steyer has just concluded the worst campaign in the history of presidential politics.

Steyer, the California-based founder of Farallon Capital and the co-founder of Onecalifornia Bank and Beneficial State Bank, became a household name – at least among those households with MSNBC – by being the single largest funder of efforts to impeach President Trump. After telling reporters in January 2019 that he would not seek the presidency, Steyer exercised his prerogative to change his mind and declared his candidacy in July.

According to the FEC, Steyer has spent $253,718,074 through January 31, 2020. All but $3,555,597 was from his own pocket. Pre-Bloomberg, a quarter billion dollars for the first four primaries is a staggering amount. But the incredible lack of return on that investment is even more eye-popping, especially for someone whose campaign’s sole justification was his supposed business acumen.

Nowhere was that total incompetence more on display than in South Carolina. Steyer, whose $253 million failed to merit a single delegate in the first three contests, bet his entire campaign on South Carolina. He spent more time there than any other state and his wife Kat Taylor essentially moved to the state. Instead of a triumph, he dropped out of the race immediately after Biden won the state with 50% of the vote.

According to the New York Times, Steyer spent over $18 million on television alone in the Palmetto State. Steyer’s campaign spending has been so excessive that the Times reports that his name has “turned into a verb” – local activists refer to a candidate foolishly overpaying as “steyering.” Some of that spending was ethically questionable, such as renting a campaign headquarters from Jennifer Clyburn Reed, .....

(Excerpt) Read more at californiaglobe.com ...


TOPICS: Government; News/Current Events; Politics/Elections
KEYWORDS: primaries; steyer; tomsteyer
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One of the comments:

“Hold my beer…” –Michael Bloomberg

1 posted on 03/01/2020 6:10:41 PM PST by SmokingJoe
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To: SmokingJoe
Who's Tom Steyer?
2 posted on 03/01/2020 6:13:38 PM PST by vigilante2 (Make liberals cry again)
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To: SmokingJoe
As for the opposite extreme:

Pat Paulsen spent nothing (as far as I know) and got write-in votes.

And then there is the late Harold Stassen....

3 posted on 03/01/2020 6:13:52 PM PST by aposiopetic
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To: SmokingJoe
Please clap 👏
4 posted on 03/01/2020 6:14:03 PM PST by Nateman ( Unless the left is screaming you are doing it wrong.)
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To: SmokingJoe
Money was an investment, he didn't loose anything. Steyer's business will be further “blessed” by every lobbyists and news organizations. Same thing with Bloomberg by those who are foolishly rejoicing over his election loses. This is about positioning not squandering, people.
5 posted on 03/01/2020 6:14:28 PM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians)
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To: SmokingJoe

Well eye Sty at least got a lesson in booty dancing to Rap.


6 posted on 03/01/2020 6:16:20 PM PST by tflabo (Truth or tyranny)
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To: SmokingJoe
I tweeted on this earlier today but came up with $3,551.44 per vote. I counted votes in Iowa, NH, Nevada and SC.

By comparison, Trump paid an average of $9.79 per vote in 2016 (and he got nearly 63m of them - plus the presidency).

I knew after Trump won that certain billionaires would try running in 2020. They are realizing that running for POTUS is hard. Very hard. And you can't just throw money out there and expect it to happen for you.

BTW, Trump was OUTSPENT by Hillary in 2016. Which goes further to show that money doesn't win elections. You actually need to get out there and work, appeal to people.

7 posted on 03/01/2020 6:18:00 PM PST by SamAdams76 (Trump (86); Commie (60); Slow Joe (40); Butt (26); Fake Indian (8); Crazy Amy (7); Drunken Weld (1))
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To: SmokingJoe

OMG!!!

This guy makes Yeb! look like a winner!

LOL!!!


8 posted on 03/01/2020 6:18:38 PM PST by rhinohunter (I have nothing but disdain for liberals. Their tears fill me with delight...)
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To: SmokingJoe

Bush Quayle 92

MonDull Ferraro 84

McGovern Eagleton-Shriver 96

Any involving Bob Dull

TommiBoi has competition


9 posted on 03/01/2020 6:19:30 PM PST by A_Former_Democrat (Guns up . . . We cominÂ’ "Breadline Bernie" "Bernie Castro-Sanders")
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To: SmokingJoe

And to think he wanted to get his mitts on some 4 trillion of our tax dollars every year.


10 posted on 03/01/2020 6:19:43 PM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: SmokingJoe

Worst campaign in history ... so far. Bloomburg’s vanity project is still ongoing.


11 posted on 03/01/2020 6:22:08 PM PST by jz638
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To: rollo tomasi
With Steyer, its about hatred of Trump. No one has pushed impeachment or spent more money campaigning for impeachment over the past two years more than he did.
Too bad he suspended his campaign. He is not that rich (worth only $1.6 Billion)when compared to Bloomberg. I would have preferred for him to keep wasting money at this rate till November. He'd have come close to wiping out most of his money.
12 posted on 03/01/2020 6:23:19 PM PST by SmokingJoe
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To: SmokingJoe

Democrat campaign version of Jeb Bush.


13 posted on 03/01/2020 6:23:56 PM PST by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.for corruptiion)
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To: SamAdams76

Neither Bloomberg (aka - that asshole) or Steyer (the arrogant green hypocrite) understand that it helps to have a personality and the ability to relate to people.


14 posted on 03/01/2020 6:23:59 PM PST by RetiredTexasVet
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To: tflabo

The Democratic establishmentioned is coalescin around Biden. First Steyer, then Buttgieg. Next week Klobuchar and Bloomberg? Warren? Sounded like she wanted to be Sanders VP, but he sounds like he isn’t interested.


15 posted on 03/01/2020 6:26:15 PM PST by richardtavor
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To: A_Former_Democrat

McVain


16 posted on 03/01/2020 6:27:06 PM PST by bravo whiskey (Never bring a liberal gun law to a gun fight.)
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To: SmokingJoe

They are investing; Steyer and Bloomberg are not financial idiots.


17 posted on 03/01/2020 6:27:58 PM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians)
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To: SamAdams76
You are right.
When Trump won, a lot of old geezer Billionaires thought to themselves, “Hey if a “loudmouth”. like Trump can do it, I can do it too”.
And I am talking to you Mr Bloomberg. :)
18 posted on 03/01/2020 6:28:40 PM PST by SmokingJoe
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To: SmokingJoe
Check out his swan song dance, remixed to the song Rich Girl by Wyclef Jean and Daryl Hall:

Rich Girl - Tom Steyer Dancing Back to Oblivion

19 posted on 03/01/2020 6:29:15 PM PST by dead (Trump puts crazy glue on their grenades and they never know it until after they pull the pin.)
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To: SmokingJoe

Burn the plaid tie(s)!!!


20 posted on 03/01/2020 6:30:19 PM PST by TheConservativeParty (MAGA KAG)
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