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 ...
He did better than I expected. I never thought he’d come in the too three in any state.
At $3373 a pop. Wouldn't it have been simpler just to go to his local pub?
He’s the guy who boasted he’s so much richer than trump that it seemed like that alone should make him the best choice - but he’s more frugal with his money than Blooming Idiot Berg...
Pete got bought out which proves his lack of conviction and it will not bode well for his possible appearance as a VP choice, especially if it’s with Bloomie...whcih makes me think someone may have decided to try to pair him with Biden...
Time will tell - if the “Great Dem Hope” virus doesn’t kill us all first....
No....it was not the worst campaign ever...that honor belongs to “Moron”, ex-NYC Mayor, Low life, Useless, Michael Bloomberg!!!
It may have something to do with the fact that he is worth only $1.6 Billion, while Bloomberg is worth over $60 Billion. Before this thing is over, Bloomberg is going to spend at least $2 Billion (He's spent $600 million already). In effect, Bloomberg would have spent Steyer’s entire net worth and more, and still have close to $60 Billion left.
Right!
He had the worst tv campaign. You can’t run on “Trump has the worst economy in 40 years!”
Guac boy wasn’t spending his own money, though.
True, but like Steyer and Bloomberg, Yeb was spending it like it grew on trees.
I found it refreshing that President Trump was outspent by Hillary roughly 3-1. Donald Trump knows how to target funds to achieve an outcome.
I’ll miss him a little. Well, not at really at all. Maybe he can go on Dancing with the Stars - which would be great because I don’t watch that show.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.