Donald Trump and his allies are ramping up high-dollar fundraising efforts with less than two months to go until the Iowa caucus begins the 2024 Republican primary, as several major donors show signs of returning to the former president – including those who once called on him to exit the race.

Some observers say the changing view of big financial backers shows a recognition that because Republican voters are sticking with Trump amid his continued controversy and legal troubles, he remains a very real contender for the White House.

Trump is battling a slew of unprecedented criminal charges – all of which he denies – but remains the front-runner in polling.

At the same time, anti-Trump Republican donors have spent millions while scrambling to coalesce behind an alternative candidate to take on the former president and anti-Trump voters remain divided between a handful of challengers.

  • MagicShel@programming.dev
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    1 year ago

    I think it’s fear of revenge. They are terrified that he’s going to win and if they aren’t on his good side then he will make them suffer for the perceived lack of loyalty.

    These big money donors aren’t going to be affected in the least by a status quo pro-corporate Democrat like Biden. They don’t have to spend millions to keep him out of the big seat. So I don’t see how they could be so desperate to keep Biden out of office that they will instead enthusiastically embrace fascism.

    Of course, I suppose if you are rich enough fascism really doesn’t hurt you either. What a fucking world we live in.