With the Presidential Reality Show now officially started, the money junkies of Amerika have whipped out their checkbooks to keep the game rigged.
President Joe Biden announced last week that he will run for office a second time and, like clockwork, the mega-donors mobilized in a two-day event in Washington that included some of Wall Street’s biggest hitters like Blackstone’s Jon Gray and Evercore’s Roger Altman.
CNBC reported that Alexander Soros, the son of billionaire investor George Soros, tweeted that he’s “ridin with Biden,” and Reid Hoffman, the LinkedIn co-founder, said he is planning to host fundraisers for the president to assure victory in 2024.
Haim Saban, the media mogul who created the Power Rangers, told the news outlet that he will do all he can to make sure Biden is “reelected for a well-deserved second term.” The report noted that Saban raised millions for Biden in 2020, and hopes to improve on that number.
Biden on Friday met with more than 150 big-ticket donors at Washington’s Salamander Hotel where they were served beetroot salad, prime New York strip loin with tiger shrimp and orange mousse cake, according to NBC News.
One source who was in attendance, told the outlet that there “was kind of confidence in the air” that “I’m not sure you saw in 2020.”
The report said Biden attended the event for about two hours and told those in attendance that they raised “significant amounts of money to allow us to compete” in the last race.
“We’re going to do it again in 2024 together,” Biden said.
The Biden campaign, at a minimum, wants to pull in at least $1 billion.
Jeffrey Katzenberg, a co-chair of Biden’s campaign, told the Associated Press donors are excited to back Biden.
“We’re at the beginning of the beginning. It’s a marathon, not a sprint. And we are in an enviable position in that we’re singularly focused on running and winning in November 2024 and all of our efforts and resources are really focused on that,” he said.
The 2024 election appears to be unfolding as another divisive contest between Biden and Donald Trump. A recent NBC News poll found that 46 percent of Republican primary voters like Trump over his nearest rival Florida Gov. Ron DeSantis.
Alexander Soros’s father, George, is a major Democrat donor and contributed $178 million in 2022 during the midterm elections. (American billionaires spent $880 million on these elections by the end of October.)
The CNBC report noted that the younger Soros has been to the White House 17 times since the president was elected.
TRENDPOST: The Trends Journal has reported extensively on how elections in the U.S. are bought and sold by the billionaire class to wield influence and line up favors in the future. (See “U.S. ELECTIONS: A BILLIONAIRES’ CIRCUS” 28 Jun 2022, “U.S. ELECTIONS: DUH-MOCK-RACY. BIG MONEY RULES” 31 May 2022, and “U.S. ELECTIONS: MONEY MOB IN FULL CONTROL” 8 Feb 2022.)
Frank Clemente, executive director of Americans for Tax Fairness, told Fortune magazine in December that from 2009 to 2020, the richest 12 Americans spent one out of every 13 dollars given to candidates and political groups.
Clemente said billionaire wealth has been “drowning our democracy.”
The belief in the Biden camp is that the 2024 campaign will be smoother than 2020 because he does not have a serious Democrat opponent. Robert F. Kennedy Jr., has been all but written off by the media whores to clear the way for Biden, who refused to even debate his opponent.
Mohsin Meghji, the head of M3 Partners, a restructuring advisory firm, told The FT that he is supporting Biden against Trump but he senses an “enthusiasm gap” for Team Biden and he believes the president could do “a lot more on getting people excited.”
Bruce Heyman, a former U.S. ambassador to Canada and ex-Goldman Sachs banker, said the need for money will be “profound” in this election.
“Not only do I believe in Joe Biden – I think we’re in a crisis moment with regard to the threat to democracy as we know it,” he said, according to The Financial Times.