Abigail Disney, heiress to the Disney family fortune, and other wealthy Democratic donors have declared they will cease funding the Democratic Party unless President Joe Biden withdraws from the presidential race. This decision follows Biden's poor performance in a recent debate against former President Donald Trump.

 

Abigail Disney, granddaughter of Roy O. Disney, co-founder of The Walt Disney Company, expressed her frustration to CNBC, stating she would withhold donations until Biden steps down. Despite these calls, Biden has firmly stated he has no intention of leaving the race. Disney emphasized, “I intend to stop any contributions to the party unless and until they replace Biden at the top of the ticket. This is realism, not disrespect. Biden is a good man and has served his country admirably, but the stakes are far too high. If Biden does not step down the Democrats will lose. Of that I am absolutely certain. The consequences for the loss will be genuinely dire.”

 

The Democratic Party has been in turmoil since Biden's debate performance, which has led to significant concern among party members and donors. Rep. Lloyd Doggett, D-Texas, has also called for Biden to drop out, suggesting that the debate performance demonstrated Biden's inability to effectively challenge Trump and close the polling gap. A New York Times/Siena College poll conducted after the debate showed Biden trailing Trump by six percentage points among likely voters.

 

Longtime Democratic supporter Abigail Disney has a history of significant contributions to the party. She donated $50,000 to the Jane Fonda Climate political action committee in April, which has directed $35,000 to Democrats running for congressional seats. Additionally, Disney contributed $150,000 to Planned Parenthood Votes in 2014, which has spent over $400,000 supporting Democrats, including $26,000 for Biden this election cycle.

 

Disney has advocated for Vice President Kamala Harris as a viable alternative to Biden, believing she has the potential to defeat Trump. She stated, “We have an excellent Vice President. If Democrats would tolerate any of her perceived shortcomings even one-tenth as much as they have tolerated Biden’s (and let’s not kid ourselves about where race and gender figure in that inequity) and if Democrats can find a way to stop quibbling and rally around her, we can win this election by a lot.”

 

Gideon Stein, president of the Moriah Fund, has also decided to pause planned donations totaling $3.5 million until Biden steps down. Stein remarked, “Joe Biden has been a very effective president, but unless he steps aside my family and I are pausing on more than $3 million in planned donations to nonprofits and political organizations aligned with the presidential race, with the exception of some down-ballot work. Virtually every major donor I’ve talked to believes that we need a new candidate in order to defeat Donald Trump.”

 

Karla Jurvetson, a prominent Democratic donor, has hinted in private discussions that she may also halt contributions until Biden steps down. Jurvetson, who has donated over $5 million to Democrats this cycle, including more than $200,000 to the Biden Victory Fund, has previously given over $30 million to Democrats in 2020.

 

The pressure from these influential donors comes as the Democratic Party navigates internal conflicts and seeks to secure a candidate capable of defeating Trump in the upcoming election. Representatives for the Biden campaign have not responded to requests for comment.

 

Credit: CNBC 2024-07-05

 

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She probably needs the cash after all the Woke movie flops they've been churning out. 

Ol' Wonky Joe havin'  a go! You stay upright there Ol 'Wonky! 

 

Not sure why that is the case. I sold off my tack collection to donate.

Even if I agree with her in this case, the fact that an unelected, unaccountable individual has that much sway over American gub'ment is rather disturbing.

 

Carville has also called upon potential donors to cut off the flow. Joe can di what's he wants but he has kept a promise to take the money out of politics. Lets see how that works out.

That might actually work. 

Where's Tug?  Your hero needs your support.

He should get into another debate urgently. If his performance is bad again he is out. If it is an improvement, he stays.

9 minutes ago, Purdey said:

He should get into another debate urgently. If his performance is bad again he is out. If it is an improvement, he stays.

Why would Trump debate him again? Trump has nothing to gain by helping Biden out. Biden's a loser. I'm gappy he says he's staying in because trump will crush him. But I'm not stupid enough to think that Biden won't do a U-turn when they tell him there will be a star-studded send of party. And if he gives up the Presidency because he is incompetent to carry out its functions, then it's Kamala. A decent hyena if ever there was one, and she does brighten up a room with word salad and chuckles. 

4 hours ago, Social Media said:

Disney has advocated for Vice President Kamala Harris as a viable alternative to Biden, believing she has the potential to defeat Trump. She stated, “We have an excellent Vice President. If Democrats would tolerate any of her perceived shortcomings even one-tenth as much as they have tolerated Biden’s (and let’s not kid ourselves about where race and gender figure in that inequity) and if Democrats can find a way to stop quibbling and rally around her, we can win this election by a lot.”

LOL. Wishful thinking there. Harris is awful and anyone that cares to see that can. It's nothing to do with race or gender- IMO she is just a horrible person. Has achieved nothing worth talking about, or it'd be all over media.

 

It's really great to see the Dems in meltdown mode. Couldn't have happened to a more deserving mob.

22 minutes ago, Purdey said:

He should get into another debate urgently. If his performance is bad again he is out. If it is an improvement, he stays.

Trump is foolish if he agrees to a re run. They may have found some drugs that work on Biden to perk him up by them, albeit lasting only debate length of time.

 

They can never walk that performance back, no matter how many excuses they come up with- a cold: . Perhaps the next excuse will be he fell over and hit his head before the debate, .

Jill Biden likes being first lady. She's not going anywhere. Poor old Joe.

3 hours ago, impulse said:

Even if I agree with her in this case, the fact that an unelected, unaccountable individual has that much sway over American gub'ment is rather disturbing.

 

IMO it's the reason US politics is broken. Too many bought politicians. No wonder apparently half the electorate hate Washington enough to elect someone like Trump.

3 minutes ago, thaibeachlovers said:

Perhaps the next excuse will be he fell over and hit his head before the debate

 

At least that would be believable. 

1 minute ago, JonnyF said:

 

At least that would be believable. 

More so than a cold or because he was tired.

A new candidate shall emerge. Unless they have similar difficulties communicating the Democrats should win as Trump is that toxic to so many. New highs on stockmarket. Economy going so well. Not hard to sell and a new candidate can talk about changes to deal with the bad things - inflation and the border.

Not convinced Kamala is the best bet but she isn't Trump. 

5 hours ago, Social Media said:

including $26,000 for Biden this election cycle

Wow, big spender. That's like me giving 26 Baht.

Has anyone else noticed that because he can't walk properly, he does this little thing where he pretends to run for a second?

I've said it for years but the anti-Trump supremacists have continually been in denial. 

1 hour ago, retarius said:

Biden's a loser. I'm gappy he says he's staying in because trump will crush him.

No, Trump was the loser. Lost badly. After one term which is rare in the USA. 

 

He lost the election to Biden, the winner, a few years back. 

 

 

In the photo he is stepping down.  So back to normal for the donations.

Trump is getting some very good coaching and advice these days. Notice that he has been OUT of the news lately? A week since the debate and almost nothing from team Trump. He has finally learned Napoleon's advice to NOT interrupt your enemy when they are making a mistake. This bodes ill for the Democrats if it continues. A disciplined Trump is a formidable foe.

I hear that Rishi Sunak is looking for a new job.
He would better than Joe or Donald.

4 hours ago, impulse said:

Even if I agree with her in this case, the fact that an unelected, unaccountable individual has that much sway over American gub'ment is rather disturbing.

 

American realism, it's all about money and influence and the American voter doesn't want to face reality...the world of the credit card and other countries will pay for my high standard of living is coming to an end.....I'll vote for cheap gas and low taxes...dream on.

2 minutes ago, MalcolmB said:

I hear that Rishi Sunak is looking for a new job.
He would better than Joe or Donald.

He's neither white nor a Christian....he isn't even American  but he is rich.

25 minutes ago, soalbundy said:

He's neither white nor a Christian....he isn't even American  but he is rich.

Kenyan?

3 hours ago, MalcolmB said:

Kenyan?

Then must have something to do with Obama then 🤔🤪

On 7/5/2024 at 2:11 AM, JonnyF said:

 

At least that would be believable. 

joe biden falling and hitting his head before a debate would only be believable if we could see the stiches holding the wound closed, during the debate!