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2020 Road to the White House

Trump’s Been Running for Re-Election Since Day One. Raising $30 Million Is a Really Bad Sign for Him – Here’s Why

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President Donald Trump is the first president in history to file papers to run for re-election on the day he was sworn in to office. That allowed him to set up a re-election campaign right away, and to use the Office of the President as a fundraising prop, something he loves to do.

For example, on Wednesday the President traveled to Texas, where he held not one, not two, but three campaign events – including a fundraising dinner.

But tucked in between all those campaign events, was this entry on his official schedule: “The President delivers remarks and signs an Executive Order on Energy and Infrastructure.”

That allowed him to hand taxpayers the bill for some of his trip.

Sunday night and Monday morning headlines heralded Trump’s fundraising prowess:

“The Trump campaign amassed a vast $30 million reelection war chest at the start of 2019, as much as the top 2 Democratic challengers combined,” Business Insider wrote.

Trump Raises $30 Million in First Quarter, Smashing Democratic Numbers,” New York Magazine touted.

Trump of course should be raking in the dough. He’s been running for over two years now, and has a full and experienced team in place.

But is $30 million historic? Incredible? A great sign for Trump’s re-election prospects?

Not according to CNBC’s chief Washington correspondent, John Harwood, a man who knows numbers and politics.

(And by the way, President Barack Obama didn’t launch his re-election bid until April 4, 2011. Q2 of 2011 would be April, May, and June.)

Trump’s had two years, a full team, and only took in $30 million?

As the headlines say, that $30 million is “as much as the top 2 Democratic challengers combined.” But don’t forget, there are 18 announced Democratic challengers. That’s a lot of competition. And many Democrats may be waiting to donate until the field narrows down a bit, or until everyone has announced.

$30 million may sound like a lot, but $45 million sounds like a lot more.

Sometimes, like in fundraising and in crowd size, size does matter:

 

 

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2020 Road to the White House

Michael Bloomberg Preparing Presidential Run – Could File This Week

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Former New York City mayor Michael Bloomberg is preparing a presidential run as a Democrat. The self-made billionaire who has been a registered Democrat, a registered Republican, a registered Independent, and once again as of last year a registered Democrat will file papers in Alabama before that state’s deadline Friday.

“Should Mr. Bloomberg proceed with a campaign, it could represent a seismic disruption in the Democratic race,” The New York Times reports, adding that he could be “a grave and instantaneous threat to former Vice President Joseph R. Biden Jr.”

Howard Wolfson, a close advisor to the former mayor says: “We now need to finish the job and ensure that Trump is defeated — but Mike is increasingly concerned that the current field of candidates is not well positioned to do that.”

This is a breaking news and developing story. Details may change. This story will be updated, and NCRM will likely publish follow-up stories on this news. Stay tuned and refresh for updates.

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2020 Road to the White House

Julián Castro Says His Campaign Is ‘In Dire Need’ of Funds – and He’s Out if He Can’t Raise $800k in Ten Days

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Julián Castro says he will have to pull out of the Democratic presidential primary if he does not raise $800,000 in the next ten days. Castro, a former HUD Secretary, says he will be forced to stop campaigning if he does not reach his financial goals by the end of the month.

“The truth is, for our campaign, these debates have offered our only guaranteed opportunity to share my vision with the American people,” Castro said in an email to supporters, as Buzzfeed reports.

“If I can’t make the next debate stage, we cannot sustain a campaign that can make it to Iowa in February,” Castro continued. “My presidential campaign is in dire need of financial resources to keep going.”

U.S. Senator Cory Booker had made a similar announcement last month, telling supporters he would need to drop out if he did not raise $1.7 million by the end of September. He pulled in more than $2.1 million over that last nine days or so, leading to his strongest fundraising month of his campaign.

Castro is consistently polling around 1% and has never gotten above the 2% mark, according to RealClear Politics.

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2020 Road to the White House

‘This Is a Real Warning’: Ex-Campaign Aide Bluntly States Clinton Didn’t Go Far Enough Criticizing Tulsi Gabbard

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On MSNBC Saturday, former Clinton campaign official and director of SiriusXM progressive programming Zerlina Maxwell said that not only did Hillary Clinton do nothing wrong for criticizing Rep. Tulsi Gabbard (D-HI), she should have if anything gone even harder.

“I think she didn’t go far enough, and we have to decide whether or not we’ll listen to Hillary Clinton, who lived through this in 2016, or whether or not we’re going to do what we did in 2016, is decide that what she’s saying is irrelevant because of how we feel personally about her, and I think that that would be a mistake,” said Maxwell.

Related: ‘Malevolent Kraken’: Tulsi Gabbard Mocked After Attacking Hillary Clinton Over Claim Russia Is Grooming a Woman Democrat

“In 2016, anchors literally laughed at Hillary Clinton when she said it was Russia,” Maxwell continued. “Robby Mook went on television and said, ‘It was Russia that was hacking our emails and releasing them on Wikileaks.’ We were laughed at. I would like everyone to listen to us now because I, on the campaign, had that red banner over my email that said, ‘Government hackers are trying to infiltrate your account.’ So, this is a real warning. And I think that we would be smart to listen before it’s too late.”

Watch below:

Image by Gage Skidmore via Flickr and a CC license

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