She did inherit Clintons bullshit organization that stole down ballot money and not only let trump win back in 2016, but hand republicans Congress.
Started out Hillary Victory Fund, then Biden Victory Fund, don’t know if a new name has been announced
But it basically means the personal donation limit is a million dollars now.
It’s something that needs fixed, not celebrated.
Edit:
It’s 960k, up from 660k a person from 2020.
So as little as ~562 people could have give the who $540 million. Obviously that’s not what happened, but it seems important when talking about “all time records” for fundraising.
We’re basically living thru the 90s home run race right now. Everyone is blatantly cheating compared to 20 years ago. But everyone pretends not to fucking notice
do you have a link to a source on this? It’s taking money from down ballet races? I’m curious to know more… I had heard something about that when Clinton was running but I didn’t know that was still going on.
Here’s a general article from 2020 about the arrangement:
Here’s Donna Brazil’s 2016 article about it, if any of this is news to you. You should read the whole thing.
https://www.politico.com/magazine/story/2017/11/02/clinton-brazile-hacks-2016-215774/
The original (and nothing on paper has changed btw) deal:
Individuals who had maxed out their $2,700 contribution limit to the campaign could write an additional check for $353,400 to the Hillary Victory Fund—that figure represented $10,000 to each of the 32 states’ parties who were part of the Victory Fund agreement—$320,000—and $33,400 to the DNC. The money would be deposited in the states first, and transferred to the DNC shortly after that. Money in the battleground states usually stayed in that state, but all the other states funneled that money directly to the DNC, which quickly transferred the money to Brooklyn.
“Wait,” I said. “That victory fund was supposed to be for whoever was the nominee, and the state party races. You’re telling me that Hillary has been controlling it since before she got the nomination?”
Gary said the campaign had to do it or the party would collapse.
If youre not going to read the article, I need to point out at least this:
the states kept less than half of 1 percent of the $82 million they had amassed from the extravagant fund-raisers Hillary’s campaign was holding, just as Gary had described to me when he and I talked in August. When the Politico story described this arrangement as “essentially … money laundering” for the Clinton campaign, Hillary’s people were outraged at being accused of doing something shady. Bernie’s people were angry for their own reasons, saying this was part of a calculated strategy to throw the nomination to Hillary.
And this:
The agreement—signed by Amy Dacey, the former CEO of the DNC, and Robby Mook with a copy to Marc Elias—specified that in exchange for raising money and investing in the DNC, Hillary would control the party’s finances, strategy, and all the money raised. Her campaign had the right of refusal of who would be the party communications director, and it would make final decisions on all the other staff. The DNC also was required to consult with the campaign about all other staffing, budgeting, data, analytics, and mailings.
And it’s very important to make clear this was during the 2016 primary when she was running against Bernie, her primary campaign team literally controlled the DNC.
Nothing changed since 2016 except more states signed on, and the name before “victory fund” changes every four years.
But the way the VFs work, is taking the max a person can give to a state party, saying that was made to the state party, and then counting it as presidential money and using it for the presidential campaign
The do or can’t go back and give more to state parties.
So, it’s literally taking money out of state party coffers that they can not replace from the same donor.
well that’s a good point. I guess it’s not so great.
Yeah. I’m sure people will argue that we have to beat Trump so it’s ok…
But that ignores Dems doing this shit just made republicans start doing it too. It’s been 8 years, it shouldn’t be a surprise to anyone.
Like, there’s no reason only Dems can pull this to get around donations limits, if they wanted to stop trump more than anything, we’d have closed this loophole by now so trump couldn’t do it too.
Unfortunately a shit ton of people have zero idea despite seeing headlines like this one all the time.
Hell. This is still a continuation of what Donna Brazil disclosed back in the day, the party made a big show of saying it was just DWS on her own and obviously the party didn’t support it…
But it’s still happening, and people are fucking psyched that 99.9% of Americans just got priced out of American politics. Even if we could afford the actual limit of 2.5k, it’s nothing compared to what the rich can give, so politicians will keep catering to the rich
well I think part of the problem is that the narrative is controlled. Even on lemmy, but that’s because having an unregulated political space gets messy and is a lot of work for the moderators…
Hopefully this community can turn into something positive and take away 0.00000000001% control of the narrative. Every little bit helps, lol
The sheer amount of phone/text spam I’ve received since the switch is unreal. All they want is money. Text me some policy and maybe ill think about it but to text me saying the only way to win is for me to donate… That’s fucked and a terrible message.
