Billionaire Class Should Be Scared Because 99% Of Bernie Sanders Donors Can Give Again

Bernie Sanders Portland, Maine

Here is a statistic that strikes a blow against Citizens United and should worry the billionaire class who are attempting to purchase control of the United States government. Bernie Sanders raised $41.4 million, and 99% of his donors can give to his campaign again.

Here are the basic numbers from the Sanders campaign:

U.S. Sen. Bernie Sanders’ raised $26.2 million during the third quarter of this year – all of it for use in primaries and caucuses – in a grassroots presidential campaign that has drawn 1.3 million small donations since it began.

The average donation was $30 apiece.

The campaign closed the books at the end of the Sept. 30 reporting period with almost $27.1 million in the bank after spending about $11.3 million, according to a report filed on Thursday with the Federal Election Commission.

Since his White House bid was launched last April 30, Sanders has banked a total of about $41.4 million, according to the report.

Only 270 of Sanders’ 650,000 donors gave the maximum $2,700 allowed.

That last sentence is what should scare the billionaires who are trying to buy the US government. Bernie Sanders was able to raise more money than every Republican presidential candidate, and he did it by not maxing out his donors. At thirty bucks a pop, his donors could give to him 90 times before they would max out and hit their contribution limit for the primary.

The billionaires can give unlimited funds to super PACs thanks to Citizens United, but the limitations of super PAC are becoming very obvious. Rick Perry and Scott Walker both had millions of dollars in super PACs, and both are no longer running for president. Jeb Bush’s super PACs have raised hundreds of millions of dollars, but he is stuck in single digits even after spending millions of super PAC dollars on ads in Iowa and New Hampshire.

Super PACs have yet to prove that they can elect a presidential candidate. The best way to directly aid a candidate remains a contribution to their campaign.

The billionaires have the dollars, but Bernie Sanders has the numbers. Sanders is demonstrating that the collective power of small donors can power a presidential campaign.

Sanders supporters are outnumbering the billionaires, and taking back the corrupt campaign finance system one thirty dollar donation at a time.

32 Replies to “Billionaire Class Should Be Scared Because 99% Of Bernie Sanders Donors Can Give Again”

  1. True. But the billionaire class can give unlimited to SuperPACs where Sanders holds a grave disadvantage.

    As romantic and sweet of a thought it is to campaign without using Citizens United, CU is the law of the land now up until we repeal it. CU is part of the rules of the game, whether we like it or not.

    And we all know that if you don’t play by those rules in order to counter your opponent, your opponent will win no matter how many supporters you have cheering you on the sidelines.

    Bernie Sanders doesn’t understand that.

    Hillary Clinton and her supporters, do because we’re in it to win it.

  2. This is what I think may be happening to our 2 party system.
    Jill Stein a 3rd party candidate from the Green Party is running for president on a 3rd party ticket I’d love to vote for but, if Bernie doesn’t win the primaries I’m voting for the democrat nominee. Bernie Sanders and Jill Stein politics are similar. Jill is even more progressive than Bernie. If Bernie Sanders doesn’t win the nomination, if not enough people vote for him in the primaries, then those people and more are not going to vote for Jill Stein in the general. If we can’t get enough people to vote for Bernie Sanders in the primary, Jill Stein hasn’t a chance in the general. I can’t have a republican in the white house, I just can’t. Bernie Sanders is our only chance to begin to change the status quo.
    There was an article I read recently. A republican was saying that the republican party has been hemorrhaging representatives for a decade, since the tea party fringe has taken over and he thinks they need t…

  3. ICH – I’m afraid I’m a little puzzled by your comment. I have no problem with your supporting HRC over Bernie, and I have no doubt that she’s laser-focused on winning the White House.

    But in what way is Bernie at a grave disadvantage under Citizens United? If 50 people contribute a total of, say, $100 million to a PAC, while 1,000,000 people give $30 million directly to a grass roots campaign, is the candidate with a million supporters going to suffer because he cannot be bought, while the PAC candidate has to corral a million votes with other people’s money? I don’t reject your argument–I just don’t get the gist of it.

    Personally, I think HRC was a fine Sec. of State, and if she wins the primary and runs an honest campaign and both levels with her supporters and honors her commitments to them, she will have earned the post. But I’m not clear on what great advantage having nine figures in a PAC in terms of garnering popular support.

  4. Bernie has raised $41.4 million with an average donation of $30. On average, each donor can give 90 more times. If each average donor only donates 25 more times, Bernie raises over a billion dollars for the campaign. That’s almost as much as the Kochs and their allies have pledged to spend total on this election cycle and is certainly competitive with SuperPAC spending on the Presidency. There are still a lot of Bernie supporters who haven’t given anything, so he doesn’t have to hit the same people again to get those numbers.

  5. Bernie is changing the political process in this country he is turning the Democratic party of today back into the Democratic party. I think he will have a tough time beating Hillary out for the nomination but she will carry Bernie’s message rather than the Democratic party of 20 12; I would love to see Bernie as majority or minority leader of the Senate together they will bring our country back.

  6. Some indie party is always running some annoying person. She isn’t a concern.

    They rarely get on many ballots so only run in easy to get on the ballot – low cost – states.

    Gary Johnson libertarian party got over a million votes and was on most states but he ran as a Republican in the primary – not allowed on the debate stage though.

    When you are talking 60 – 70 million votes to win so 135 million plus for two parties- one million isn’t much.

    135 million vs half a million for Jill in a few states. If she is a threat there will be ads to deal with it in just before the election – Sept/October. She doesn’t count till then.

  7. I’ve said many times that I think Bernie’s nomination would be an utter disaster for the Democratic party and the progressive movement. However Bernie can do great things in the Senate as a stalwart supporter of President Hillary Clinton if he chooses to do so.

  8. hd and hks

    What?

    Voting starts in 100 days from now.

    His infrastructure is, quite frankly, horrible. He has had 7 months to build a campaign infrastructure.

    He didn’t. He has two states rolled out (NV IA) and his foot just got into the door of (NV SC) but not much.

    He needed that money, all of it, yesterday.

    Can he roll out a few dozen states in rapid fire now?

    With pacs we don’t have the exact figures yet, but Hillary has $130 million give or take. That is how you win. She has a dozen more pacs who are on board too – unions and endorsed groups such as Emily’s list. They are each worth many millions.

  9. Your math is wrong too.

    So each donor already donated and if they gave $30.00 x 90 times that would be against the law.

    It would also mean the Bernie supporters are rich and have a few grand laying around to send him. You assume that a one time $30 donation means they will do that 90 more times! Over the next 100 days mostly plus the next 30 or so till we are half way done by March 15th.

    REALLY.

  10. hks, I see you got your math from the article and you just repeated that from above. I didn’t read it till after I saw your comment.

    “At thirty bucks a pop, his donors could give to him 90 times before they would max out and hit their contribution limit for the primary.”

    My answer remains the same.

    The primary is fast and furious once it starts. You have to have all the ducks in a row now – not 3 months from now.

    In exactly 5 months from now 1/2 the states will have voted. Gone.

    So when will he get those donations?

    It is as if he has no thought for anything other than NH and Iowa for 6 months.

  11. ICH, you’re right but also Hillary has SuperPacs which are candidate category and all of them, her three main ones are all fully disclosed donor lists so no dark money.

    Affiliated pacs who have helped her – some of them are dark money types – such as Planned Parenthood. Everyone can understand why that group would not want its donors names released! They would be targeted by lunatics!

    She has nothing to hide. Nothing.

    She has Priorities USA – Obama’s pac. She has Ready pac which was Ready for Hillary – a bunch of Hillary fans from her 08 run. She has Correct the Record as a tied pac with unique structure – and it has long fought (Media Matters and American Bridge AGAINST the Koch bros)

    Good guy pacs for Hillary are not the same as R – dark money and billionaires funding the Bush right to rise bull crap.

    I think all the newbies think – money is bad – corporate media is in the bag – etc. but have more conspiracy than fact.

  12. With you on that one Laurie, that last vote split only helped GW, with Jeb brining up the rear. Republicans have the power of the feeble, Bernie has the power of the people. He or Hillary will more than likely be our nominee no doubt. We deserve much more than Republican recessions which is a guarantee due to Republican inferiority with math. Republicans jes’ cain’t count, they couldn’t win a game of “Jacks” due to simple 2+2 failure.

  13. Yeah, in 2000 – and yes, it was Jeb plus everything else together also – the court, the machines, their satan’s playbook.

    That was the last spoiler and it won’t get out of control again. The party is ready to pounce.

    They figured out superdelegates to stop the fringes (like me at the time) after
    McGovern.

    The party will win because we got a lesson handed to us the hard way. Our butts still hurt from 2000 and so does the country and therefore the rest of the world.

  14. Relax DJ, if you look at Rin’s comment she wasn’t referring to the historic voter suppression of POC either.

    I was just pointing out the irony that she considers “BernieOrBust” voter suppression but not the fact that super delegates can overrule how “the fringe” votes entirely.

  15. Zomg! this looks like the Fox Snooze fake CIA

    Wonder how many more of their Right Wind authoritative Pundits are Fakes. So far two including O’Really and his camera man muhahaha

  16. Reading this reminded me of a story on HuffPo earlier in the year regarding Citizens United.

    “It does make a significant difference to have lobbyists involved because then you have the very lobbyists who seek official action from the members being the conduits to the money,” Potter said. “It makes them valuable to their clients because they have a good relationship with the member, and they have a tight relationship with the member because they have access to the money from their clients.”

    I have more respect for Justice Kennedy than the other “righties” on the SCOTUS. Would like to ask him if he’s questioned his resolve that “those authorized to give and spend unlimited amounts were legally required to remain independent of politicians.”

    It can be considered the law of the land. However, 83% of Democrats and 80% of Republics likely see it as the law of corporations and not of we the people.

  17. Reading this reminded me of an article on HuffPo earlier in the year.

    “It does make a significant difference to have lobbyists involved because then you have the very lobbyists who seek official action from the members being the conduits to the money,” Potter said. “It makes them valuable to their clients because they have a good relationship with the member, and they have a tight relationship with the member because they have access to the money from their clients.”

    SCOTUS decision deems it law of the land. Yet, 83% of the Democratic Party oppose it. Well as 80% of Republicans and 71% of Independents. IMHO, most folks consider it the law of corporations over we the people.

    Justice Kennedy earns the most respect I have for any of the righties on SCOTUS. 5 yrs later I would like to ask if he’s had second thoughts regarding his resolve that “those authorized to give and spend unlimited amounts were legally required to remain independent of the politicians.”

  18. What?

    I thought you were a moderator?

    I am very confused. Also, I saw a comment on the “Friday Fox” thread about having to be on Facebook to post comments soon?

    What is that about?

  19. Koch has been peddling that crap for ages. He did so in an interview with Barbara Walters, sometime back. Perhaps he’s hoping if he says it enough, it will make it true. My twins would try that when they were small. Double Trouble, like the Koch brothers, however my two grew out of fibbing!

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