Takes the absence of just one mega-donor to poke a big hole in GOP fundraising

[MissMillie]

https://www.msn.com/en-us/news/politics/gop-sees-financial-hole-after-sheldon-adelsons-widow-stops-shoveling-big-money-to-their-candidates-report/ar-AA11mCLJ?ocid=U483DHP&li=BBnb7Kz

GOP sees 'financial hole' after Sheldon Adelson's widow stops shoveling big money to their candidates: report

Republicans for decades have relied on the late billionaire casino mogul Sheldon Adelson to fund congressional and presidential races -- but now the money spigot he once provided appears to have dried up.

Bloomberg News reports that Adelson's widow, Miriam Adelson, has been hesitant to fork over the massive sums her husband provided prior to his death in early 2021, leaving what the publication describes as a "financial hole" for the GOP.

In fact, the only money Adelson has given this year has been a $5 million to the Congressional Leadership Fund, a super PAC dedicated to electing Republican candidates.

To put this into perspective, Bloomberg notes that the Adelsons gave more than a half a billion dollars to pro-GOP super PACs in the last decade alone.

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I wonder why she's holding out on them.

[Delphinus]

1. I wonder

if she could just funnel a little our way.

[unblock]

2. A measly $5 million.

Our system of purchasing politicians is ludicrous.

[getagrip_already]

4. it's so inefficient to get money from the rubes....

Political campaigns are worse than non-profit fundraising where 70 plus cents of every dollar goes to the costs of fundraising.

There are consultants, and media agents, and publicists, and web specialists, and dozens of $200/hr+ people who you absolutely have to have.

Then there are billionaires. One check and you only have to do what they want. You don't even have to hold office hours to your constituents. You don't have to care what you say or do in public. They have your back. The media follows suit and all you get is good publicity.

And the best part is you get to vote on anything that could spoil your good times (or lock them in).

[jimfields33]

6. Didn't they just have a guy give 1.3 billion.

They are crying about 5 million? Talk about greedy.

[MissMillie]

7. Citizens United--one of the worst rulings ever (n/t)

.

[Haggard Celine]

3. We need taxpayer-funded campaigns.

Don't allow any other contributions. It would stop all this shit, and I think it would be considered constitutional, even by the current SCOTUS. If everybody got the same amount to spend and no one was beholden to any contributors, I don't know what the problem would be. We need to get past Citizens United, and I think this might help us do that.

[jimfields33]

5. If nothing else, it'd stop the constant commercials

I suppose some Politicians would spend their allotment on commercials, but most wouldn’t. That would definitely be one positive from this

[MissMillie]

9. As long as "moneyspeech" things won't change

The problem is that the more money you have, the more speech you get. I'm not sure that was the intent of the phrase "free expression."

[uponit7771]

8. Its a good thing dems are more grass roots and don't need singular donors. I wish republicans would

... want more democracy that our