Posted on 02/12/2016 11:19:40 PM PST by BlackFemaleArmyColonel
Some of the biggest Republican donors, who collectively have contributed tens of millions of dollars to shape the presidential race, are tightening their purse strings out of frustration with their inability to boost their favored candidates, or to slow Donald Trump.
Rather than continuing to write huge checks to support the cluster of establishment candidates jockeying to emerge as the leading alternative to Trump, a billionaire real estate showman roundly despised by the GOP elite, these donors have mostly retreated to the sidelines. They're watching anxiously, hoping that the field sorts itself out, according to interviews with a half dozen major donors or their representatives.
Many of the donors are urging the deep-pocketed groups they've already funded to begin spending against Trump, even as some recognize the potential for such spending to backfire, and are increasingly questioning the efficacy of big-money advertising campaigns more generally.
"It's unbelievable. I mean Jeb Bush spent $42 million in New Hampshire ― what did he get for it?" said billionaire GOP mega-donor Stan Hubbard, a Minnesota media mogul. "It's frustrating."
Several donors expressed frustration that the establishment candidates and the super PACs supporting them spent considerable time and money attacking one another ― and not Trump ― in the run-up to the Iowa caucuses and New Hampshire primary.
Perhaps as a result, many donors who supported candidates who have since dropped out appear inclined to wait until after the Feb. 20 South Carolina primary to pick a new horse.
Wisconsin roofing billionaire Diane Hendricks, who gave $5 million to a pro-Walker super PAC and is being hotly courted by supporters of both Rubio and Sen. Ted Cruz, intends to wait until the cluster of primaries and caucuses on March 1 ― Super Tuesday ― before backing another candidate, said sources familiar with her plans.
(Excerpt) Read more at breitbart.com ...
Captain, please add me to your ping list.
:)
Your message made me smile. Thank you and God bless you.
Agreed
Now, now.
He did finish fourth.
And he's going to continue spending meelions of mega donor dollars until he's dead last!
That'll show that meanie Trump.......
Okay!
You can lard a billion dollars worth of lipstick on Hillary and it still won't sell that pig.
We're for sale! We're for sale!"
Kinda says it all, doesn't it?
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