I listened to the entire press conference cuz I nothing better to do while driving 800 miles yesterday.

Biden is in this til the end, which I believe benefits Trump the most. Unless Dem donors can come up with some obscene number ($$$$), he's not stepping down. I'm guessing $100M. Not bad for a guy who won't be able to wipe his own bum in 6 months.

Anyway....

i think diminished flow of cash is one reason they oppose big boy

quote:

Originally posted by sse:
i think diminished flow of cash is one reason they oppose big boy

and yet, Biden apparently has a very substantial war chest, and that’s a problem for the Dems too. They can’t just decide to replace Biden and turn around and give all that money to another candidate.

quote:

Originally posted by TMats:
Biden apparently has a very substantial war chest

Looks like it's $240 million and can only go to Kamala= "she’s the only person who can take control of the Democrats $240 million war chest"

quote:

Kamala Harris set to inherit $240M in Democrat funds if Biden drops out — transfer tricky for any other candidate: sources

https://nypost.com/2024/07/02/...-if-biden-drops-out/

quote:

Originally posted by TMats:

quote:

Originally posted by sse:
i think diminished flow of cash is one reason they oppose big boy

and yet, Biden apparently has a very substantial war chest, and that’s a problem for the Dems too. They can’t just decide to replace Biden and turn around and give all that money to another candidate.

Here's what they have to do if they want to give all that money to another candidate.

1. They nominate Biden virtually, by a zoom call of the delegates, before the convention.
2. Biden then drops out and releases the delegates.
3. Another candidate is chosen at the convention.
4. DNC rules then allow that money to be transferred to the new candidate, but only if Biden has already been nominated and drops out.

quote:

Here's what they have to do if they want to give all that money to another candidate.

1. They nominate Biden virtually, by a zoom call of the delegates, before the convention.
2. Biden then drops out and releases the delegates.
3. Another candidate is chosen at the convention.
4. DNC rules then allow that money to be transferred to the new candidate, but only if Biden has already been nominated and drops out.

The problem is that I don't think it's up to the DNC, the FEC(Federal Election Commission) doesn't allow that to happen. But as I mentioned elsewhere, possibly earlier in this thread:

They can in theory create a PAC that doesn't name a candidate specifically, like "Campaign to elect the 2024 nominee", and transfer the money to that PAC. Then appoint fjb and a few of his family members (Joe and Jill for example) as administrators of that PAC, with commensurate salaries of a president and VP of the PAC. Then they can spend the money to support the agenda of the nominee without actually naming the actual candidate in the ads. All while paying out ridiculous weekly salaries to the PAC staff(say $300k each to Joe and Jill). Think about how fast that would add up.

So basically a PAC that mostly creates attack ads against Trump, and never names an actual person as the D nominee, and is likely within FEC rules.

EDIT:
It's referred to as a "Leadership PAC"

quote:

A leadership PAC is defined as a political committee that is directly or indirectly established, financed, maintained or controlled by a candidate or an individual holding federal office, but is not an authorized committee of the candidate or officeholder and is not affiliated with an authorized committee of a candidate or officeholder. Leadership PACs do not include political party committees

https://www.fec.gov/help-candi...20committee%20of%20a

This message has been edited. Last edited by: stoic-one, July 12, 2024 02:04 PM

quote:

Originally posted by stoic-one:

quote:

Here's what they have to do if they want to give all that money to another candidate.

1. They nominate Biden virtually, by a zoom call of the delegates, before the convention.
2. Biden then drops out and releases the delegates.
3. Another candidate is chosen at the convention.
4. DNC rules then allow that money to be transferred to the new candidate, but only if Biden has already been nominated and drops out.

The problem is that I don't think it's up to the DNC, the FEC doesn't allow that to happen. But as I mentioned elsewhere, possibly earlier in this thread:

They can in theory create a PAC that doesn't name a candidate specifically, like "Campaign to elect the 2024 nominee", and transfer the money to that PAC. Then appoint fjb and a few of his family members (Joe and Jill for example) as administrators of that PAC, with commensurate salaries of a president and VP of the PAC. Then they can spend the money to support the agenda of the nominee without actually naming the actual candidate in the ads.

I thought the funds have to go to the VP should the POTUS candidate drop-out otherwise, the money has to go back to donors?

Although, I wouldn't be surprised if the Dem gin-up 'new-rules' to address this; they already moved the goalposts for their candidates in 2020 and again earlier this year by doing away with the primaries.

FJB may be sticking with it because he knows - or thinks he knows - that the dims have the election in the bag. Indications are they knew that was the case up to a year before Nov. 2020. Clearly they did have a lot of ducks in a row.

The one thing that gives me comfort is if Biden knows any such thing, he would have blurted something out by now.

It's hard to believe his ego keeps him from seeing the beating he'll be taking in a fair fight. OTOH his greatest attribute may be truly believing all the crap he spews. **cue Costanza meme**

quote:

I thought the funds have to go to the VP should the POTUS candidate drop-out otherwise, the money has to go back to donors?

I've seen a LOT of talk about using this method, and as long as the end objective is the same, opposition to the R candidate, it's probably within bounds for not having to refund money back to the donors. Regardless, any lawsuits filed during all of this won't make it through court before the election. By then all the money has been "laundered"...

quote:

Originally posted by ArtieS:
Those 4 staffers in Balze's vid are hilarious. Lloyd Austin has an impressive poker face. He's the only one that didn't obviously wilt.

You are giving him to much credit, pretty sure he did not even realize what had just happened.

from what i've seen on X, there are powerful and high profile dems taking opposite sides in the big boy debate, no resolutiom yet

Saw on Fox news, reported that $90 million of pledged donations to FJB are on hold, even though the D says they have $240 million it's likely not 100% cash in the bank, they are counting cash and pledged donations.

quote:

Originally posted by sse:
from what i've seen on X, there are powerful and high profile dems taking opposite sides in the big boy debate, no resolutiom yet

Let them eat their own. It's a beautiful thing to watch.

quote:

Originally posted by stoic-one:

quote:

Originally posted by sse:
from what i've seen on X, there are powerful and high profile dems taking opposite sides in the big boy debate, no resolutiom yet

Let them eat their own. It's a beautiful thing to watch.

With the political Democratic sharks circling PedoJoe, how do Republicans put more proverbial blood in the water?

quote:

Originally posted by Sig2340:
With the political Democratic sharks circling PedoJoe, how do Republicans put more proverbial blood in the water?

Marginalize (,)La just enough so Joe is less likely to want to give it to her?

Just as an aside here, I’m currently reading a Brit “Detective Golden Age” novel set in 1923, and one of the characters is a “daft toff”, in phraseology.

Anyway, the mention of an extract of the plant “snowdrops” (Galanthus) for his “eccentricities” is mentioned. The first recorded mention of this in history was in the “Odyssey” by Homer, as “Moly” (milk of the flower), which helped to clarify Ulysses’s mind when he reached Circe’s island. I looked that up, and it’s an approved drug in the UK as a treatment for dementia, although not as a reversal for mental decline.

As “Neville Longbottom” would say, “Fascinating”.

Fox News: "Biden is hemorrhaging celebrities" LOL

quote:

Originally posted by 2BobTanner:
<snip>
As “Neville Longbottom” would say, “Fascinating”.

Neville knows his herbology.