Trump Is Banking on Billionaires To Put Him Back in the White House

[red dog 1]

Yahoo News
September 7, 2024


As Vice President Kamala Harris rakes in record-breaking donation hauls, Donald Trump's campaign is falling behind -- and increasingly relying on billionaires to bankroll Super PACs to remain competitive.
It's happening as the former president promises favors to donors: lucrative new policies, regulatory rollbacks, administration roles.
You name it, it's on offer.

To be clear, Trump is still raising money.
His campaign and committees brought in $139 million in July, and $130 million in August.
But Harris raised $310 million in July after taking over the Democratic ticket, and her campaign says she raised another $361 million in August.

There's one area where Trump is still beating Harris: spending by outside groups.
Pro-Trump Super PACs have made $194 million in independent expenditures boosting his campaign since President Joe Biden left the race and Harris took over the ticket, compared with $145 million for Harris.

The pro-Trump Super-PACs are being bankrolled or-directed by some of the wealthiest people on the planet.
Timothy Mellon, an heir to Andrew Mellon's Gilded Age fortune, has donated $125 million to Trump's primary outside group, Make America Great Again.
The group has poured $97 million into the race since Biden left the race.

More:
https://yahoo.com/news/trump-banking-billionaires-put-him-130000089.html

[kimbutgar]

1. You can't make a silk purse out of a sows ear

the maggot have made a lot of people mad and not enough billionaire money will change his changes. There is nothing he can do for me or any of my members of my family and friends to vote for him. The billionaires have one vote like you and I.

And we all know that money is going to pay off his legal bills!

[FakeNoose]

2. No amount of money is going to change the fact that Chump was the worst president ever

... in the history of the USA. We have no reason to want him back in the White House, and neither do the billionaires. What do the billionaires gain if Chump is back in the White House and the country tanks? All their billions will be worthless.

[Zorro]

5. They don't yet realize he'll just steal their money if he's re-elected

[no_hypocrisy]

3. Each billionaire gets one vote apiece, and

they won't influence the Independents.

[2naSalit]

4. Not to mention...

Free media coverage of every kind.

[lees1975]

6. Isn't there a polling number in here somewhere?

In terms of the number of people making political contributions as a ratio of the number of likely voters. You'd have to think if someone put a donation in, they're planning to vote. And it looks like voter enthusiasm, in that regard, would put Harris quite a bit further ahead of Trump than the polls do.

[orthoclad]

7. Money is power