Republicans seem to have just one qualification to be a candidate for Congress: That’s a huge amount of personal wealth.
The ideal Republican candidate is someone who can spend big and make it pay. Campaign self-fundingIt overcame all the need to deal with the little guys, as well as the fundraising efforts of Democratic opponents.
As Lara Trump turns the Republican National Committee into a vehicle pour in more money To her father-in-law, Closure volunteer centers and fire Having dozens of employees doesn’t mean the Republican candidate can help anyone else. The Republican Party belongs to Donald Trump, and Republican candidates should be asking what they can do for Trump, not what Trump can do for them.
Democrats believe they are disadvantaged by the fact that their campaigns are self-financed. don’t So they don’t form early connections with regular voters by going door to door, visiting small businesses, talking to local organizations, and finding grassroots supporters and partners.
But the Republican base really The Republican base is not at the Elks Club or the local bowling alley. They’re in a mansion in Palm Beach. comport Breakfast with Trump as he plots how to destroy democracy with Elon Musk. Wealthy candidates can connect well with this base.
like NOTUS report, Republicans don’t want to deal with democracy. Not even in primaries. Frustrated by the defeat of candidates elected by Republican voters in 2022, party elites are now “supporting financially strong candidates early and eliminating the possibility of opposition.”
Measuring a Republican candidate’s worth by looking at his or her bank account isn’t limited to congressional candidates. Among Trump short list Among potential vice presidential candidates, less likely and more ambiguous candidates continue to rise to the top. North Dakota Governor Doug Burgum.
But what puts Burgum high on Trump’s list?
“He’s a rich guy with rich friends,” said one Republican close to the Trump campaign. wall street journal. “It’s a big help to Trump.”
The goals and objectives of the East Coast meeting arranged by Musk Fellow billionaire Nelson Peltz It’s not just about giving Trump everything he needs to get back to the White House. Musk’s bigger goal is to make sure none of his wealthy friends get the idea to donate to President Joe Biden or other Democratic candidates.
There is no doubt that the world’s richest people currently wield enormous influence. Not only did they show their will, undermine one’s business while at the same time putting resources into their own pockets. Demand $50 billion bonusBut he’s willing to do it too. $44 billion drop Just to satisfy his ego.
But Musk wasn’t entirely successful. 54% of Biden’s campaign funds It still comes from large donations from organizations and individuals. meantime, Trump’s Contribution Ratio It is much more one-sided, with 69% of funding coming from large donations.
Last week Trump reported a surge He followed in his footsteps with fundraising activities. Convicted of 34 felonies. Forging documents.
But a closer look at that surge shows that it wasn’t just millions of regular MAGA voters opening their wallets to see what was left after they packed up their Trump Bibles or Trump sneakers. Billionaires like PeltzSeveral of them repeated Trump’s false claims that the Justice Department has turned its back on him.
“There is a very real possibility that President Trump will be convicted of a felony and sentenced to prison,” venture capitalist Sean McGuire wrote while cutting Trump a $300,000 check. “Quite frankly, that’s one of the reasons I support him. I believe our justice system is being weaponized against him.”
It is somewhat understandable that billionaires are concerned about Trump’s conviction. After all, as Trump told them, if prosecutors can come after him for falsifying business records, they can come after them, too. That may be a concern for those gathered at the billionaire breakfast table.
Other billionaires Hold a fundraising event For Trump’s re-election. Even Trump was overshadowed a lot. Record $50 Million Fundraiser This was achieved with just 120 people donating an average of over $400,000 each.
But these billionaires’ main motivation for supporting Trump is something they don’t really want to talk about. proposed wealth taxThis would prevent the ultra-rich from dodging taxes and force them to pay at least the same rate as elementary school teachers.
At a massive fundraiser, Trump promised: extend tax breaks for rich people Inflating the deficit in proportion Much bigger than originally expected. This certainly appeals to people who measure their wealth in seven or more numbers. There is no doubt that he is a “large donor.” Back to Trump Because they invest some of their wealth into his campaigns.
After all, why would rich people care if Social Security collapses? Their lives, or the lives of their loved ones, do not depend on the money they have earned through a lifetime of work.
Potholes in the roads can slow traffic, and breakdowns in railways can put a damper on supply chains. But again, since you have a private jet, the inconvenience will be minimal. They certainly do not need or want government regulations that protect workers, the environment, and market fairness.
What they want is someone who will remove all obstacles. Someone who will do it like everyone else emerge as an authoritarian Ninety years ago, it promised to crush labor unions and protect the interests of its donors.
And in 2024, they will have their man.
Donald Trump was found guilty on May 30 on 34 counts of falsifying business records. What are potential voters saying about this historic news? And what is the Biden-Harris campaign doing now that the ‘Teflon money’ is no more?
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