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Angry GOP donors close their wallets

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Good. **** the GOPe.  McStain, Snow, McConnell, Graham, and Ryan all have to go RFN.

(from Politico)

 

Angry GOP donors close their wallets


'I’m sick and tired of nothing happening,' one contributor says of the party's legislative failures.


By ALEX ISENSTADT and GABRIEL DEBENEDETTI 10/05/2017 05:02 AM EDT

 

Republicans are confronting a growing revolt from their top donors, who are cutting off the party in protest over its inability to get anything done.

 

Tensions reached a boiling point at a recent dinner at the home of Los Angeles billionaire Robert Day. In full view of around two dozen guests, Thomas Wachtell, a retired oil and gas investor and party contributor, delivered an urgent message to the night’s headliner, Senate Majority Leader Mitch McConnell: Just do something.


Wachtell, who has given tens of thousands of dollars over the years to Senate Republicans, recalled that McConnell responded defensively. Passing legislation takes time, the Republican leader responded, and President Donald Trump didn’t seem to understand how long it required.

 

“Anybody who was there knew that I was not happy. And I don’t think anybody was happy. How could you be?” said Wachtell, who has previously given over $2,000 to McConnell but recently stopped donating to Senate GOP causes. “You’re never going to get a more sympathetic Republican than I am. But I’m sick and tired of nothing happening.”

 

With the GOP’s agenda at a virtual standstill on Capitol Hill, the party is contending with a hard reality. Some of the party's most elite and influential donors, who spent the past eight years plowing cash into the party’s coffers in hopes of accomplishing a sweeping conservative agenda and undoing Barack Obama’s legislative accomplishments, are closing their wallets.


The backlash is threatening to deprive Republicans of resources just as they're gearing up for the 2018 midterms. Party officials are so alarmed that North Carolina Sen. Thom Tillis, who oversees fundraising for the National Republican Senatorial Committee, told his colleagues at a recent conference meeting that donations had fallen off a cliff after the Obamacare flop. The committee’s haul plummeted to just $2 million in July and August, less than half of what it raised in June.

 

"When you’re in a business and you tell your stakeholders you’re going to build a building or something, you have to follow through," said Houston-based energy executive Dan Eberhart. "I can’t borrow money to build a building and then not follow through, which is what these guys are doing.” He said he's spoken to four Republican senators over the past month to express his displeasure, mostly over the party's failure to repeal Obamacare.

 

Behind the scenes, the GOP has begun to try to smooth things over with its most important givers. On Monday, Trump met with the party’s most prominent donor, Las Vegas casino mogul Sheldon Adelson, who has privately expressed frustration that the president hasn't moved the U.S. Embassy in Israel from Tel Aviv to Jerusalem. And in the wake of an establishment-backed candidate’s loss in Alabama, a top McConnell political lieutenant, Steven Law, held a series of frank discussions with key benefactors.

 

Some of the donors are giving lawmakers an earful. Bruce Rastetter, an Iowa agribusiness mogul who has funded a long list of Republican elected officials, said he had informed his state’s two GOP senators, Chuck Grassley and Joni Ernst, that he would not donate to Republican senators “unless they pass new legislation or get new leadership.”

 

In the world of campaign politics, big donors have long been known as gripers — an exclusive group accustomed to stroking and attention. But this year is different. Veteran fundraisers say they’re having an unusually hard time setting up meetings with major contributors, lining up checks and organizing events.

 

One seasoned GOP fundraiser forwarded along a curt email from a sought-after donor. “The GOP leaders should know, no movement on remaining agenda: tax reform, infrastructure, deregulation, etc. means no funding from supporters like me,” it read. “No meetings, calls, contributions until we see progress.”

 

The figures turning off the cash spigot range from mid-level donors to some of the most generous contributors whom the party has long relied upon. Among those who’ve been cool to outreach are venture capitalist John Childs, real estate developer Harlan Crow, and retail executive Les Wexner, according to fundraisers.

 

All have funneled millions of dollars to the party over the years.

 

Al Hoffman, a former Republican National Committee finance chair who played a key role raising money for George W. Bush’s presidential campaigns, said he had no plans to help in 2018 other than to work on a few races in his home state of Florida.

 

“It’s a real mess, no?” said Hoffman, a real estate developer, referring to the GOP's predicament.

 

The resentment over the state of the party has infiltrated Republican fundraising capitals like Dallas.

 

“I think major donors are tired of writing checks to a do-nothing Congress,” said Roy Bailey, an influential, Dallas-based GOP bundler.

 

Last week’s GOP runoff for an Alabama Senate seat only heightened the sense of frustration. A McConnell-aligned super PAC, Senate Leadership Fund, dropped more than $8 million in a failed effort to prop up incumbent Sen. Luther Strange over flame-throwing jurist Roy Moore. The outcome has some party donors questioning the group’s spending decisions.

 

“They blew all of their resources in Alabama for basically nothing,” said Eberhart, who has donated to the NRSC, which also backed Strange.

 

Law, a former chief of staff to McConnell who oversees the Senate Leadership Fund, said none of his donors have threatened to stop giving. But he conceded there is wide-ranging unhappiness over the failed legislative efforts, and he described the looming tax reform battle as a make-or-break moment for the party.

 

“Our donors are expressing the same frustration with the lack of progress in Washington that Republican primary voters are,” he said.

 

Some exasperated givers are turning to Steve Bannon, Trump’s hard-charging former chief strategist and a McConnell nemesis, to vent. Bannon met with several contributors who were in Washington this week for an RNC gala and has eagerly stepped into the role of donor-whisperer. He is looking to establish his own finance network to fund an effort to unseat Senate Republican incumbents in 2018.

 

The White House has been closely monitoring the donor unease, concerned that it could derail the party’s 2018 efforts. Last week, Marc Short, Trump’s director of legislative affairs who previously served as an operative for the Koch financial network, delivered a presentation for a group of influential conservative financiers that included Frayda Levin and Art Pope.

 

Some in the administration, however, view a donor revolt as a useful way to motivate lawmakers. On Tuesday, Nick Ayers, chief of staff to Vice President Mike Pence, told a group of RNC donors that if Congress failed to enact the president’s agenda they should withhold their financial support and instead give to primary challengers.

 

Not all donors are joining the protest. Pope, for one, blamed the GOP’s legislative struggles on its slim Senate majority. If anything, he said, it's reason to continue donating, in order to elect more Republicans.

 

"It's very difficult when you have a razor thin majority and united opposition from the other party," he said.

 

To others, though, the disappointment over having so little to show for their investments is profound.

 

Michael Salzhauer, a New York real estate investor, said he had begun informing lawmakers that he’s done giving until they address health care and taxes.

 

“To miss that opportunity,” he said, “is totally irresponsible.”

Edited by TimS
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In eastern NC several Counties passed resolutions saying (in part) the following;

 

 

"And whereas there is currently no obstacle for repealing Obamacare.

Therefore be it resolved that the Dare County Republican Party will not support any candidate who fails to repeal Obamacare before the end of 2017,

And, be it further resolved that the Dare County Republican Party will not help to hand out or put up signs, bumper stickers, raise funds or make contributions to, or hand out palm cards, for any candidate currently in office who fails to repeal Obamacare before the end of 2017. "

 

 

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I just got an email from the Republican party.  .. or so i thought....And I'm not a Republican. 

 

It was telling me to register to vote.  Which I already am registered.

 

The email name is vote.gop and it was reminding me to register to vite by oct 1uth or something and it  has a disclaimer telling me that the email is not an endorsement for any one candidate

I replied "eat a bag of dicks"

And then got a reply ftpm the same saying my donation didn't go through.

It wasn't even asking for donations

 

The actual email address is donate at donaldtrump dot com

 

Considerng the email said it doesn't endorse any specific candidate... I thought the whole thing was pretty dishonest.

 

Very strange

 

So I blocked it.

 

I have Hillary blocked too

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awe this is so sad!! I feel for them.. Old Rich white guys are pissed that the younger rich white guys that they bribed with their own cash are now upset they arent getting what they paid for.. too bad so sad

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Well, it was reported the Dem's donations were down big time for a while, and now the GOP? Lol, people are getting wise to the Gooberment I guess.

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12 hours ago, BLT said:

Well, it was reported the Dem's donations were down big time for a while, and now the GOP? Lol, people are getting wise to the Gooberment I guess.

Yep....both parties and Washington can suck it

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16 hours ago, JimG said:

..And I'm not a Republican. 

Republicans who say this make me LOL

 

"I'm a Conservative I'm not a Republican"

"My biggest regret from my youth is not serving in the military"

 

there seems to be a checklist of positions you have to take to excuse yourself for being a pom pom shaker for the GOP.

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10 hours ago, Dave588 said:

The problem in washington is the money. Congressman take so much from big lobbies like healthcare that the majority is bought on every vote.

drain the swamp... got cheers,

so did putting Gorsuch on the bench,

who will defend the flow of cash more than any other justice on the bench.

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1 hour ago, fish'nmagician said:

drain the swamp... got cheers,

so did putting Gorsuch on the bench,

who will defend the flow of cash more than any other justice on the bench.

 

Pretty sure he's just making sure everything squares up with that Constitution thing... you have a problem with that?

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Free Market at work.  Good.  They were sent there to accomplish certain goals and they only seem to be interested in obstructing the President and keeping the status quo.  Not that I would donate to any politician, but it makes me happy to see others voting with their wallets!

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