Socialist Bernie Wasted A Disgusting Sum Of Money On Failed Presidential Campaign
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After he was forced to drop out of the race for the 2020 Democratic presidential nomination, it’s safe to say that Sen. Bernie Sanders is never going to be a resident of 1600 Pennsylvania Ave.
He came out of the gate pretty hot, though, taking an early lead in polling and sparking more than a little speculation among the political chattering class that maybe this time it was ‘Bernie Time.’
But alas, it wasn’t to be. The voters have spoken: They want a doddering, aged former senator and vice president who can’t seem to remember things or talk coherently all of the time.
To his credit, Sanders did manage to hang around long enough to see the rest of the Democratic field vanquished. And boy, did he spend a lot of money in the process, which matters even more now that millions and millions of Americans have lost jobs due to coronavirus-related business closures.
According to Breitbart News, which cited federal election records, Sanders blew through $160 million:
The campaign finance report filed on February 29, 2020, showed that Sanders spent $160,984,978 on his campaign, according to Open Secrets.
Millions more were likely spent as Sanders continued to campaign through March and into April, despite cutting back on campaign activities as the coronavirus pandemic sent many states into lockdown.
That said, Sanders was much better at raising funds than he was at running for the nomination. The self-described democratic socialist (there is no ‘democracy’ in socialism, by the way) raised more than $179 million, and most of that came from small-dollar donors contributing less than $200 (54 percent), according to Open Secrets.
Other candidates who failed to win the nomination included Sen. Kamala Harris (D-CA), who spent over $38.64 million. Former Congressman Beto O’Rourke (D-TX) spent about $17.14 million on his failed attempt to win the presidency. Sen. Cory Booker (D-NJ) wasted over $24 million, and Sen. Amy Klobuchar wasted over $47 million. Former Mayor Pete Buttigieg wasted $89 million on his campaign.
In sum, Democratic candidates have spent in excess of $1 billion running for their party’s 2020 nomination, though the vast majority of that figure was spent by one candidate — former GOP-turned-Independent-turned-Democrat billionaire Michael Bloomberg.
He burned through $600 million of his own fortune in an attempt to not only convince primary voters he was ‘the guy’ who could beat President Trump, but that deep down, somewhere, he has a personality that is bigger than his wallet.
The next-biggest spender was another Democrat billionaire, Tom Steyer, who zapped $252 million of his nest egg. His failed bid involved an attempt to prove that his global warming/climate change schtick isn’t lunacy and that he really, really, honestly does live a carbon-free life — as much as possible, anyway.
This is an obscene amount of money that could have been better spent elsewhere, of course. But that’s what our political system has become, unfortunately: A money pit that is used to buy and sell candidates as though they were market commodities none of us could live without.
As for Bernie, capitalism worked pretty well for a democratic socialist who vowed to destroy capitalism if he got elected.