Posted on 06/03/2019 2:07:03 AM PDT by Libloather
**SNIP**
Across the Democratic field, candidates are embracing the big donors they distanced themselves from early on - a sign of increasing doubt that the small online donations the campaigns have been chasing will be sufficient to sustain two-dozen primary contenders.
**SNIP**
One of those donors is Robert Wolf, a former investment banker and Obama supporter. He said he has met with about a dozen candidates, which included a recent one-on-one confab with O'Rourke, and has given money to 10 presidential contenders.
"We are more interested in beating President Trump than we are in getting the candidate we like and/or know well," he said.
The big checks from such donors are becoming crucial to surviving the primaries. With such a large field, the limitations of raising tens of millions of dollars from donations of under $200 at a time are beginning to show. Fundraising figures released after the first three months of 2019 showed that the 16 Democratic candidates in the race at the time had collectively raised nearly $90 million - slightly more than what eight Democrats raised at the same point in the 2008 cycle.
(Excerpt) Read more at m.chron.com ...
When did they avoid wealthy donors? In 2016 Hillary hardly campaigned at all, but she went to scores and scores of fundraisers hosted in the homes of the 1%.
In fact one of the reasons she had so few primary challengers - and why Bernie had almost no choice but to campaign as a populist seeking small individual donation - was because Hillary got a huge head start on all the big money donors. She even cut a deal with the DNC to avoid campaign finance limits wherein donors wrote huge checks, supposedly which would be divided up by the state party branches, but they had to kick back upwards of 90%+ to her campaign. There were several news stories about how this strategy was starving the state party branches of their ability to raise money and how they failed to properly account for the transfers.
Have the entire premise of this article is a joke without big money the Democratic party doesn’t even exist anymore. It also amazes me that George Soros always manages to remain just under the surface.
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