this post was submitted on 15 Oct 2023
242 points (96.5% liked)

politics

18073 readers
2931 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
  2. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  3. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect!
  4. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
  5. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  6. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS
 

President Joe Biden raised more than $71 million for his reelection campaign and the Democratic Party in the third fundraising quarter of the year, his campaign announced on Sunday, far outpacing former President Donald Trump and the rest of the GOP primary who have reported their results so far.

The president’s political operation with the Democratic National Committee ended the quarter with $91 million, the campaign said. Biden’s campaign did not disclose how that money was divided between the campaign and the party committee.

The president nearly met the $72 million that he raised in the first fundraising quarter this year, though that period was three weeks shorter since he launched his reelection in late April.

all 19 comments
sorted by: hot top controversial new old
[–] [email protected] 81 points 8 months ago (3 children)

Legalized bribes that are required to win an election.

Greatest system ever, right there.

[–] [email protected] 48 points 8 months ago (2 children)

Since citizens united this is sadly true. That said, the average contribution was $39. And 97% of the total came from contributions under $200.

[–] Ensign_Crab 16 points 8 months ago

Since citizens united this is sadly true.

It was true before citizens united as well. Citizens united just formalized it.

[–] [email protected] 34 points 8 months ago

This is not even where the bribes flow. That's through the PACs. This is almost entirely small, individual contributions from actual people who care more about their stake in society than smug cynicism.

[–] [email protected] 66 points 8 months ago

Amazing what being the only realistic alternative to naked fascism will do for your fundraising numbers.

[–] [email protected] 33 points 8 months ago (1 children)

And he doesn't even have to spend 80% of it on legal fees.

[–] distantsounds -2 points 8 months ago

He gets to spend it on ads, signs and other super important stuff that I’m sure will benefit the people for years to come. Capitalism fuck yeah!

[–] stephfinitely 6 points 8 months ago (1 children)

Well the GOP are not showing the swing voters that can actually do anything. Everything the GOP has done recently (longer then but just more visible) is obstruct not just Democratic but themselves too.

[–] [email protected] 3 points 8 months ago

I mean, it also makes sense numbers wise. Republicans still need to pick their guy, democrats literally have one person to give money to.

[–] [email protected] 2 points 8 months ago

This is the best summary I could come up with:


The president nearly met the $72 million that he raised in the first fundraising quarter this year, though that period was three weeks shorter since he launched his reelection in late April.

Katzenberg argued it provides Biden with an upper hand as he’s able to devote the early resources toward the general election while Republicans battle it out in their primary.

“Actions speak louder than words, and what this result is really about is not the vibes, not the feelings, not the angst, not the tea leaf reading.

Biden’s latest fundraising figure is higher than that raised by the candidates in the Republican presidential primary, according to the amounts reported so far.

Biden’s campaign has also doubled the number of donors who have committed to donating every month since last quarter, with the figure now reaching over 112,000 people.

The president’s team used some of the same online tactics from the second quarter to scoop up money from small-dollar donors, raising nearly $2.5 million through a contest to meet Biden and Obama and bringing in close to $2 million since August through the sale of “Dark Brandon” mugs, which Biden pitched through social media videos.


The original article contains 764 words, the summary contains 195 words. Saved 74%. I'm a bot and I'm open source!

[–] [email protected] -1 points 8 months ago

Elections are just venture capital funding pitches