Wednesday, August 21, 2019

What Happened to Bernie's Financial Backers?

Remember how in 2016 Bernie was touting his average $27.00 contribution as a key measure of the populist revolt against the Wall Street billionaires club?

Well, that was then.

Bernie's moment has passed. He's just one of a dozen or more socialists on the stage nowadays.

At the Los Angeles Times, "Bernie Sanders’ famed $27 donors are split in 2020’s sprawling Democratic field":

Small-dollar donors made Bernie Sanders’ 2016 presidential bid one of the most successful insurgent campaigns in Democratic Party history, allowing him to be competitive with establishment favorite Hillary Clinton.

But in the 2020 race, nearly 1.7 million, or more than 80%, of the donors who fueled his earlier run have stayed on the sidelines, according to a Times analysis of campaign finance disclosures through June 30.

The 2016 donors who are contributing this election cycle have given more than $32 million to the Democratic field. More than $16.2 million of that went to Sanders, making up about 45% of the money he has raised. But nearly as much went to his rivals, a sign of how split Democrats are as they try to figure out the best candidate to take on President Trump.

“Bernie’s washed up. I just think he’s too old,” Audrey Tieger, 68, said of the 77-year-old Sanders...
"Washed up."

Sounds like a boxer passed his prime: "I coulda been a contendah!"

Keep reading.