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Replacing Biden Will Prove Donors Run the Democrats

Replacing Biden Will Prove Donors Run the Democrats


This article was originally published on FrontPage Mag. You can read the original article HERE

If the 2016 and 2024 campaigns established anything, it’s that donors don’t run the Republican Party.

Democrats spent a lot of time going on about money in politics only to now be preparing to shed their party’s nominee because of donor pressure.

Most of the Democrat leaders have stuck with Biden. And he may be a senile idiot, but Democrat voters chose him. But after the debate disaster, donor pressure mounted. Now wealthy donors are threatening to cut off the party unless it overturns the will of its own voters.

President Joe Biden is facing an uprising from some his own party’s wealthy donors, including an heiress to the Disney family fortune, who say they will no longer fund the Democratic Party until Biden drops out of the presidential race following his disastrous debate performance.

Abigail Disney, the granddaughter to Roy O. Disney, who cofounded The Walt Disney Company, told CNBC on Thursday that she plans to withhold donations to the party she has funded for years until Biden drops out.

Abigail prefers to support art vandalism anyway. And complain about the pernicious influence of money when she’s not demanding that her unearned fortune should trump that of the party’s own voters.

More serious Dem donors are also strategizing about getting rid of Biden.

After several days of quiet griping and hoping that President Biden would abandon his re-election campaign on his own, many wealthy Democratic donors are trying to take matters into their own hands.

Wielding their fortunes as both carrot and stick, donors have undertaken a number of initiatives to pressure Mr. Biden to step down from the top of the ticket and help lay the groundwork for an alternate candidate.

The efforts — some coordinated, some conflicting and others still nascent — expose a remarkable and growing rift between the party’s contributor class and its standard-bearer that could have an impact on down-ballot races, whether or not the donors influence Mr. Biden’s decision.

A group of them is working to raise as much as $100 million for a sort of escrow fund, called the Next Generation PAC, that would be used to support a replacement candidate. If Mr. Biden does not step aside, the money could be used to help down-ballot candidates, according to people close to the effort.

Supporters of potential replacements like Vice President Kamala Harris are jockeying to position their preferred successor. Other donors are threatening to withhold contributions not only from Mr. Biden but also from other Democratic groups unless Mr. Biden bows out.

Just to be clear if Biden is replaced, it won’t be because the party turned on him, but the donor class did.

It’ll be the final nail in the coffin of even the faintest illusion of ‘democracy’ in the Democrat party. The only thing that matters in the party is money.

It would be an extraordinary event if the party’s presumptive nominee who had the voters of the vast majority of rank and file voters were shoved aside because the ‘money talked’. It will convey finally and fatally that the Democrats are a party of the money, by the money and that its own voters simply do not matter. At all.

This article was originally published by FrontPage Mag. We only curate news from sources that align with the core values of our intended conservative audience. If you like the news you read here we encourage you to utilize the original sources for even more great news and opinions you can trust!

Read Original Article HERE



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