Many prominent figures in the democratic world have distanced themselves from Biden, asking him to step back to avoid a defeat against Trump that seems increasingly inevitable. First the second lines, then the big names. Yesterday it was George Clooney’s turn, unleashed by Barack Obama. And, as if by magic, in recent days some polls have appeared that speak clearly: the only chance of beating Trump is with Michelle Obama in the field. In short, the war at home. But there’s more, a new development that risks cutting Sleepy Joe’s legs off: the big Democratic donors are said to be ready to freeze funds for the presidential campaign.
Biden’s refusal to withdraw from the presidential election could push Democratic bigwigs to cut the money. Many major donors have announced that they will not finance an electoral campaign destined for failure. From Wall Street to Hollywood, the defections increase day by day: in no particular order Abigail Disney (granddaughter of the co-founder of Disney), Reed Hastings (co-founder of Netflix), Stewart Bainum Jr (head of a hotel chain), Gideon Stein (president of the Moriah Fund) and Karla Jurvetson (philanthropist).
There is no shortage of confirmations. “The money is running out,” a source clarified. And, again, at least nine out of ten donors have decided to pull out. Hence the push for parliamentarians to ask the outgoing president to step down, as also demonstrated by the cryptic phrase from former House Speaker Nancy Pelosi: “I will stand with Biden, whatever he decides. But decide soon.” In short, the party elites are ready to do anything to change horses. And Biden himself could find himself facing a dead-end: without funds for the campaign, defeat is a foregone conclusion. Updates will follow, but for the former idol of the star-spangled left we are at the end…
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