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applegrove

(118,718 posts)
Sat Feb 13, 2016, 08:02 PM Feb 2016

GOP mega-donors frozen in frustration

GOP mega-donors frozen in frustration

By Kenneth P. Vogel at Politico

http://www.politico.com/story/2016/02/gop-megadonors-fundraising-freeze-219228

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Some of the biggest Republican donors, who collectively have contributed tens of millions of dollars to shape the presidential race, are tightening their purse strings out of frustration with their inability to boost their favored candidates, or to slow Donald Trump.

Rather than continuing to write huge checks to support the cluster of establishment candidates jockeying to emerge as the leading alternative to Trump, a billionaire real estate showman roundly despised by the GOP elite, these donors have mostly retreated to the sidelines. They’re watching anxiously, hoping that the field sorts itself out, according to interviews with a half dozen major donors or their representatives.

Many of the donors are urging the deep-pocketed groups they’ve already funded to begin spending against Trump, even as some recognize the potential for such spending to backfire, and are increasingly questioning the efficacy of big-money advertising campaigns more generally.

“It’s unbelievable. I mean Jeb Bush spent $42 million in New Hampshire ― what did he get for it?” said billionaire GOP mega-donor Stan Hubbard, a Minnesota media mogul. “It’s frustrating.”


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cui bono

(19,926 posts)
5. Exactly what I was thinking. This shows money isn't working anymore.
Sat Feb 13, 2016, 08:11 PM
Feb 2016

Too bad for them about net neutrality.

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applegrove

(118,718 posts)
2. For a tiny hiccup sized moment of their lives they will know how it feels to not be in complete
Sat Feb 13, 2016, 08:04 PM
Feb 2016

control of everything.

Frustratedlady

(16,254 posts)
4. Jeb spent $42M in New Hampshire? What a waste of money
Sat Feb 13, 2016, 08:08 PM
Feb 2016

What is that per vote? Who is getting all these million$? That list would be interesting to see.

 

Shandris

(3,447 posts)
7. I knew all that rigamorale about 'We're so scared of Cruz!' was horsepoo.
Sat Feb 13, 2016, 08:23 PM
Feb 2016

I mean, that was so ham-handedly transparent as to be beyond laughable. Aww, poor megarich. Can't find anyone who wants their money. I'm heartbroken. No, really. It's so sad.

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