For the ultrarich Democrats, this period seems to be the golden age of political strategizing. The aftermath of President Biden’s lackluster performance in the recent debate has sparked a flurry of activity among major Democratic donors and their advisors. Even billionaires on summer retreats have transformed into shrewd political players.
They are actively reaching out to influential politicians, urging them to call for Biden’s removal. Strategies involve offering financial support to members of Congress aligning with their stance, while withholding funds from those who do not comply. Some elusive donors are even engaging with the media, shedding light on the inner turmoil within the party.
The current landscape is in chaos, with numerous ideas circulating within the donor community, leading to difficulties in tracking all the schemes. Discussions among the wealthiest individuals are centered on understanding the extent of their influence in swaying Biden’s decisions.
Decisions must be made. Should funds be directed to a super PAC supporting vulnerable Democratic Congress members advocating for Biden’s ousting? Or perhaps a more calculated move would be to publicly raise funds for Vice President Kamala Harris, indicating support for her as the next in line, relieving Biden of concerns about succession. Another option under consideration is setting aside funds in a dedicated account solely for a Democratic presidential campaign led by an alternative candidate.
Tom Strickler, a prominent figure from the Hollywood talent agency WME, recently conveyed his stance to Senator Martin Heinrich of New Mexico. He made it clear that financial support would only be extended to those who publicly endorse Biden’s removal, exemplifying the uncompromising stance taken by some donors.
