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Trump parties with billionaires while Biden and Bernie unite

April 7, 2024
in Politics
Reading Time: 7 mins read
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Forward of Donald Trump’s Saturday rager for his billionaire buds, the Biden marketing campaign launched a video—with a totally on-board Sen. Bernie Sanders—displaying simply the kind of factor that may occur there. Loads of posh posteriors are sure to be smooched, however you’re unlikely to see many red-hatted MAGA People begging Trump to signal their chest—until Marjorie Taylor Greene someway will get in.

Trump appears to draw two pure constituencies: billionaires and bigots. With a portion of the cash they discover of their sofa cushions, billionaires are shopping for tax cuts, authorities deregulation, and all the same old trappings of crony capitalism. The bigots, however, are downgrading to barely expired, off-brand lunch meats to allow them to load up on Trump’s golden sneakers, meme shares, and tricked-out Bibles, full with a foreword by Child Rock and a hollowed-out part for smuggling Corn Nuts into church. (It’s the place the chapter on false idols was once, no biggie.)

Watch:

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Right here’s what Donald Trump says when he thinks you’re not watching: He says he’s going to chop taxes for his wealthy buddies, all whereas reducing Social Safety for everybody else. @BernieSanders and I are mad as hell about it, and collectively, we’re going to cease him. pic.twitter.com/QYcBILQkzY

— Joe Biden (@JoeBiden) April 5, 2024

 

DONALD TRUMP: … since you are all those who have some huge cash! I do know 20 of you, and also you’re wealthy as hell! … We’re going to offer you tax cuts. We’re going to repay our debt.

JOE BIDEN: That’s all the things you must find out about Donald Trump: When he thinks the cameras aren’t on, he tells his wealthy buddies, quote, “We’re going to offer you tax cuts.”

BERNIE SANDERS: Can anybody in America think about that at a time of huge revenue and wealth inequality—billionaires are doing phenomenally properly—that he’s going to offer them enormous tax breaks? After which on the similar time, he’s going to chop Social Safety, Medicare, and packages that our youngsters want.

BIDEN: That is his financial plan? That’s what he desires to do? Slicing taxes for his buddies, reducing Social Safety for you? That makes me mad as hell, fairly frankly.

SANDERS: The hypocrisy is simply outrageous. That is what he says to his billionaire buddies, not fairly what he’s saying at his rallies.

BIDEN: There are 1,000 billionaires in America, on this nation. They pay a median tax charge of 8.2% [in] federal taxes. So I’ve a plan. Now we have a plan: Asking his good buddies to start to pay their fair proportion.

SANDERS: You’ve gotten one candidate who desires to chop Medicare and Social Safety, and one who’s going to guard it. That’s why I’m supporting Joe, and I hope you’ll as properly.

BIDEN: Thanks, pal.

Sensible! The Trump footage—which got here from a December Mar-a-Lago occasion in assist of weirdo North Carolina gubernatorial candidate Mark Robinson—does an excellent job of each unmasking Trump and projecting unity. Whereas Nikki Haley voters are nonetheless dithering over their potential assist for Donald Trump, destroyer of worlds, Democrats are absolutely united behind Biden this yr, and Bernie stepped into the fray from the get-go.

The B&B collaboration is nice information by itself, however have you ever seen the numbers behind the 2 campaigns’ respective fundraising efforts? The Biden marketing campaign is crushing it whereas Trump is scrambling to catch up.

Not solely did Biden usher in about $90 million in March alone, his marketing campaign at the moment has $192 million money readily available. In the meantime, the Trump marketing campaign raised $66 million in March and at the moment holds $93 million—lower than half of Biden’s whole.

Because of this, Trump is putting outsized significance on Saturday’s fundraiser. And because the above video proves, his donors might be anticipating so much quite a lot of “Fuck Joe Biden” flags in trade for his or her efforts. 

The Washington Submit:

Trump’s crew is conscious that it’s behind and desires to catch up shortly, in accordance with one of many folks acquainted with its fundraising who, like others, spoke on the situation of anonymity to element personal actions.

Trump’s fundraising crew has been requested to safe as many checks as potential as quickly as potential to spice up the previous president’s numbers. Republican officers are desirous to slim the hole to allow them to compete with Biden’s subject effort and promoting campaigns. They hope to make sure that GOP candidates win up and down the ticket. However Trump’s authorized woes are putting a pressure on a number of of his political committees.

Ah, sure, his authorized “woes.” 

Republicans might have simply averted nominating a man with 88 felony fees and a résumé that features each a botched pandemic response and a failed coup, however they went one other manner. And now a large portion of their donations are taking place a authorized sinkhole.

And, not for nothing, Biden is just too glad to troll his cacophonous counterpart over the disparities.

Trump should is aware of how weak all this makes him look, and so he seems notably eager on pumping his billionaire buddies—who would possible make out huge in a future Vladimir Putin-style kleptocracy—for additional cash.

The Submit:

Trump is carefully monitoring who’s attending the fundraiser Saturday, who has given the utmost and the way a lot has been raised, in accordance with an individual who spoke to him lately. His advisers commonly transient him on the attendees. “He’s targeted on this fundraiser,” one particular person acquainted with his pondering mentioned. “He has a variety of buddies in Palm Seaside, and he’s saying, are they giving?”

In latest weeks, Trump has hung out assembly with donors nearly day-after-day, folks near the previous president mentioned.

As Every day Kos famous three weeks in the past, Trump is more and more counting on billionaires to bankroll his dastardly plans, as a result of he’s at the moment a cash sieve with a pathetic marketing campaign warfare chest.

To this point, anyway, Saturday’s huge fundraiser seems to be like a hit—assuming the majority of the haul doesn’t routinely go to protecting Trump out of jail. Then once more, that may be purpose sufficient for these plutocrats to pry open their wallets, since Trump is the one main presidential candidate who seems decided to make the obscenely wealthy amongst us marginally extra obscene.

The Related Press:

The occasion on the Palm Seaside, Florida, house of billionaire investor John Paulson is predicted to herald $43 million for the previous president’s third run on the White Home, in accordance with Paulson.

The high-dollar occasion is predicted to incorporate about 100 visitors, together with quite a lot of billionaires, and high a brand new single-event fundraising report set by President Joe Biden, who raised $26 million lately at a gathering with former Presidents Invoice Clinton and Barack Obama.

“The response to our fundraising efforts has been overwhelming, and we’ve raised over $43 million up to now,” Paulson, a hedge fund supervisor, mentioned in a press release. “There may be huge assist amongst a broad spectrum of donors.”

Hmm, “a broad spectrum of donors.” In different phrases, billionaires and multimillionaires seasoned in dodging marketing campaign finance limits. In any case, the GOP is nothing if not a giant, air-conditioned, glamping-style tent celebration.  

None of that is stunning, after all—until you’re a lower-income Trump voter who pays consideration solely to what he says at his rallies, whereas ignoring his precise insurance policies and the terrible stuff he word-vomits behind closed doorways.

After Trump signed the Tax Cuts and Jobs Act of 2017 (aka the Trump Tax Rip-off)—a billionaire boondoggle that he frequently lied about with a purpose to muster assist from his less-well-to-do followers—he rushed to Mar-a-Lago to congratulate his actual buddies on the daring heist they’d all simply pulled off.

CBS Information:

President Trump kicked off his vacation weekend at Mar-a-Lago Friday evening at a dinner the place he instructed buddies, “You all simply acquired so much richer,” referencing the sweeping tax overhaul he signed into regulation hours earlier. Mr. Trump directed these feedback to buddies eating close by on the unique membership — together with to 2 buddies at a desk close to the president’s who described the comment to CBS Information — as he started his last days of his first yr in workplace in what has grow to be often known as the “Winter White Home.”

The president has spent many weekends of his presidency up to now on the “Winter White Home,” the place initiation charges price $200,000, annual dues price $14,000, and a number of the most prosperous members of society have the chance to work together with the president in a setting whereas many People can’t. This weekend, the president arrived after signing probably the most consequential laws, and arguably, the best achievement, of his presidency to this point.

In the long run, it was Trump’s solely main legislative achievement—and it was a large failure for just about everybody however the individuals who it was truly supposed to assist: America’s millionaires and billionaires.

Possibly his less-wealthy followers might be happy sufficient with Trump’s plans to begin reducing Social Safety and Medicare …

Or, you recognize, possibly not …

Try Aldous J. Pennyfarthing’s four-volume Trump-trashing compendium, together with the finale, Goodbye, Asshat: 101 Farewell Letters to Donald Trump, at this hyperlink.

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