Oh my! Bernie Sanders Raises $10 Million in Less Than a Week

[Hassin Bin Sober]

No wonder there is all this talk about jets

https://www.nytimes.com/2019/02/25/us/politics/bernie-sanders-10-million.html

By Shane Goldmacher
Feb. 25, 2019

A clutch of advisers to Senator Bernie Sanders began arriving at the Capitol Hill townhouse that served as his makeshift headquarters before dawn last Tuesday, where they readied themselves to track, among other things, the deluge of donations that would land after Mr. Sanders made his presidential campaign official.

As the team snacked on doughnuts that Jeff Weaver, Mr. Sanders’s 2016 campaign manager, had brought for launch day, one laptop screen showed a map of the United States. It would light up with an orange dot every time someone gave with the location of each donation.

Within minutes of the 7 a.m. announcement, the whole screen was glowing orange, according to people in the room.

By Monday, after less than a week as a presidential candidate, Mr. Sanders has collected $10 million from 359,914 donors, campaign officials said. But perhaps just as daunting a figure for his rivals is this: Nearly 39 percent of those donors used an email address that had never before been used to give to Mr. Sanders.

[CentralMass]

1. K&R

[InAbLuEsTaTe]

2. Surprise... surprise... surprise!!! NOT!!!

Bernie & Elizabeth 2020!!!
Join the revolution!!!

[Honeycombe8]

25. I'm not sure you know what this means.

That means some very wealthy people are funding him. For a reason. And that reason is not helpful to Democrats.

[CentralMass]

34. Well. At the 12 hour mark 120k supporters had contributed around $1.3 million and by the

24 hour mark 220,000 supporters had donated $6 million. I donated the famous $27 contribution myself.

If you do the math on that first 24 hours:
$6,000,000 / 220,000 = ~$27 per contributor.

At the $10 million mark:
$ 10,000,000 / 359,914 = $27.78 per contributor.

[Honeycombe8]

40. That's not how it works.

You can calculate an average. But people don't donate averages. There are usually big moneyed donors at the top, and a lot of small donations at the bottom ($5, $10).

There are donors who have contributed thousands, I guarantee you.

[CentralMass]

45. I completed the math and your argument is weak.

359,914 contributors.

Bernie has an army and Ill bet a box donoughts that my assumption is accurate. Many small donation that averaged his famous $27 per contributor.

[Honeycombe8]

47. I can't argue with someone who refuses to acknowledge facts.

Of COURSE not all people donated the same or similar amount. The history and common sense of donations says that.

There are always big donations at the top, and a lot of small donations at the bottom. You can always calculate an average or get a median. That tells you something. But it does not tell you how many donors donated over $1k or how many donated $50, and so on.

If I have a basket of stocks that pay dividends, my average yield might be 5%. That would include a couple that pay 10%, several paying 6% and 8%, and a group paying 2% or 3%.

If you contribute $10, and I donate $2, the average donation is $6. Neither of us donated $6.

That's just the reality of things.

Who the big donors are will be interesting to find out.

[CentralMass]

51. And i won't attemot to argue with you. The email from the campaign

that goes out to the hundreds of thousands of us signed up for his campaign asks for $27. It is no mistake that the contribution average $27.

I signed up at his campaign rally out here in Portland Oregon in 2016. There were 28,000 of us at that rally.

[George II]

59. Just happens to "average" $27.77 I can't wait to see the FEC filing.

As for your sensible, logical comment, high school statistics would prove you out.

[MsLeopard]

37. Not to quibble

but $10m divided by 360k donors is an average of $27 each. Like last time, Bernie has great grass roots support. No telling how it will play out, but it’s a good start.

[Honeycombe8]

41. As I said in another post, the amt of donations doesn't go by an average.

There are big donations, and then a lot of small ones. There would be a lot of $5, $10 donations, and there would be donations in the thousands, to reach $10Million.

You can calculate an average, and you can figure out the median. That's helpful information, but that doesn't reflect the amounts of the donations.

[George II]

67. That's assuming that someone who contributed the maximum of $2700 (curiously a multiple of $27)....

....didn't do so in 100 separate donations of $27 each. In the past he's had donors who have made over 900 individual donations.

[liberalnarb]

55. Because he raised a large sum of money he must have big donors?

[Honeycombe8]

57. "Big" is subjective.

But yes, that's what that means.

Having big donors is not a sin. Being a millionaire is not a sin, either.

He has a big, young set of supporters who can't contribute much, if anything. And having a large young set of supporters is good.

He is all of these things. He is human. But there's no need to try to say that he only gets small donations, and things like that.

[liberalnarb]

75. Well, the vast majority of his donations are from smaller donations.

[Honeycombe8]

79. If that's what the stats show, then so be it.

I'm speaking to those who misunderstand what "average donation" is.

You donate $10. I donate $2. The average donation is $6. But neither person donated $6.

[George II]

80. Any multiple donations from one person?

An individual can give 100 "small" donations of $27 each and meet the FEC maximum of $2700. It's been done in the past.

One donor, $2700.

[WordsMatter]

3. Holy cow! $10 Million?

That saying something. Here is an important quote from the article (that the OP also included):

By Monday, after less than a week as a presidential candidate, Mr. Sanders has collected $10 million from 359,914 donors,campaign officials said. But perhaps just as daunting a figure for his rivals is this: Nearly 39 percent of those donors used an email address that had never before been used to give to Mr. Sanders.

For Mr. Sanders, the flood of money from fresh email addresses suggested to his team that he was dramatically expanding a donor network that had already dwarfed his 2020 competition.

“Our second day,” said Ari Rabin-Havt, a senior adviser to Mr. Sanders, “was bigger than anybody else’s first day.”

Amazing!

[George II]

60. The article isn't necessarily correct. He had 359,914 DONATIONS, not necessarily donors....

In the past he's had many multiple donors, some with as many as 900 donations each.

To put it simply, including that person in a sampling, if he got 1,000 donations he would have had only 101 donors.

I think we should wait to see the details of his first quarter FEC filing.

[marylandblue]

4. How.much did the donuts cost?

If he bought first class donuts instead of plain old Dunkin Donuts, I see major issues for his campaign.

[Hassin Bin Sober]

8. Donuts are killing Mother Earth!

[denverbill]

5. An average donation of $27 roughly. I'm more surprised about the email addresses though.

39% hadn't donated before, at least with that email address?

I didn't give him money this week, after finding out we'll now owe $2K from the Republican tax increase. But I definitely will when we are able.

Pretty amazing about the whole 'jets' controversy isn't it? The same people who bad-mouthed him during the last primary, then accused him of not campaigning enough for Hillary, and ever since have blamed him for her loss, are now complaining about him using a private jet to campaign for her.

[Honeycombe8]

26. Uh-uh. Some very wealthy donors.

I wonder when they'll be reported.

[disillusioned73]

6. Holy schmamolly!!

Ur right.. the smears always fly when good news comes out..

The big Town Hall on CNN in about 20 mins must also be a thorn in the side of the h8 percent..

[Uncle Joe]

7. Kicked and recommended.

Thanks for the thread Hassin Bin Sober.

[littlemissmartypants]

36. Hi.

[Uncle Joe]

39. ...

[Shemp Howard]

9. Be quick!

"Bernie Sanders Raises $10 Million in Less Than a Week"

All you never-Bernie people, you need to be quick to counter this. Just say:

But Bernie is not really a Democrat because in (fill in some year) he didn't (fill in some activity). It doesn't matter how true the statement is.

For example, you could say: But Bernie is not really a Democrat because in 1970 he didn't donate to the LBJ library.

See? It's easy.

[left-of-center2012]

21. He didn't vote for FDR !!!

[RandySF]

10. I hope people don't give away their entire savings again.

[bahrbearian]

11. I know, he really took advantage of the people he says he wants to help.

he should get his money from Billionaires and Banks ,quit taking advantage of the poor.

[RandySF]

12. You don't get it

A lot of college kids gave every penny they had.

[bahrbearian]

13. Taking every penny college kids had!

Isn't that the banks job. Damn that Bernie always screwing with the banks profits.

[Hassin Bin Sober]

44. Lol

Exactly!

[msongs]

14. name one candidate who opposed big money in campaigns lol nt

[LakeArenal]

15. Will he release his taxes?

[DownriverDem]

17. Folks need to move on

[yardwork]

22. Move on? I don't understand why Sanders' tax returns are not an issue for his supporters.

[Honeycombe8]

35. They all have to release tax returns. That's not optional for anyone who wants to win. nt

[SHRED]

18. Does he favor Russian sanctions yet?

[DownriverDem]

16. Did Bernie

join the Democratic Party yet? I only support Democratic Party members.

[bahrbearian]

19. He is not even American

He is a Russian Bot

[BannonsLiver]

82. When does Tulsi report her fundraising numbers?

[Honeycombe8]

38. I read he signed a pledge to honor Dem. principles or something. So no....

he didn't register as a Democrat. Which means he can't win. But he can prevent the Democrat from winning.

Unless he registers as a Democrat.

Even then, I'm pretty sure he can't win. Independents and Moderate Democrats won't vote for a socialist, IMO.

Are there any third party candidates yet?

[pangaia]

20. Just out of curiosity 10,000,000 divided by 359,914 $27.78.

Is that just a coincidence.?

I don;t have a dog in this race, yet... so just asking ...

[Honeycombe8]

28. Coincidental to what? Does $27.78 have a special meaning to you?

But donation amounts don't work that way...averaged out.

There are big donors...then a lot of little donors ($5, $10). You can average it out, but the reality is that people/PACs give varying amounts.

[pangaia]

33. Yeas, I know.

I seem to remember in the 2016 primary one of the candidates for something was indicating that their average donation was $27. It just stuck in my head. I thought maybe it was some special number.

I know there are big and small donors.

[Autumn]

48. In 2016 $27 was the amount he asked his supporters to give. nt

[pangaia]

53. Ah, thanks...

[sacto95834]

71. As well as this "fund raiser"

The email from Bernie asked for $27 as a contribution to the revolution. If I remember correctly its the default amount when you log into actblue. You can of course change it to a smaller or larger amount, but I suspect most went with what he asked for.

[Politicub]

23. That's really impressive

He’s not going to want for campaign funds.

[Honeycombe8]

30. He can get an even bigger house this time.

The last time bought him a nice little mansion. He can upgrade or redecorate, or get a villa in France.

[vsrazdem]

50. People keep talking about Bernie's houses, but I read that the last house they bought

was because one of his wife's parents passed away and left her their house. She sold that and they bought a different house with those funds. If you are implying that Bernie is a billionaire that is just not true.

[Honeycombe8]

54. Let's be real.

Anyone who is fairly successful at running for President becomes wealthy (or wealthier). He becomes nationally known and can command good fees for speaking engagements, there are book deals, and all sorts of perks.

So if he used funds from inheritance to buy the house, that just freed up his own money to be used for something else. He's a millionaire, after all. I suspect they all are.

(He got a book deal out of the last run for President....he made a LOT of money from that.)

[vsrazdem]

62. True. A lot of them get book deals, and most of them are millionaires. Kamala has a book deal.

Does that mean she will be a millionaire and out of touch. No it doesn't. It is just another talking point so people can criticize Bernie. I understand if you don't like him or his policies. But yes lets be real, most of the people in congress have a lot of money.

[Honeycombe8]

65. I was just pointing out to be realistic about him.

Running for President is not always an altruistic act for the so-called good of the country. If someone is fairly successful, he or she stands to gain big-time. That explains why people keep running for President, even though he keeps losing. Thar's gold in them thar hills.

Bernie is no different. He is human, like everyone else. (and a capitalist?)

[vsrazdem]

66. I just don't believe that is the same for everyone. Joe Biden already ran twice.

If he runs again, it is not because he needs to dig for gold. It is because he feels he can do something for the country.

[Honeycombe8]

68. Biden is no exception. With Biden, tho, it's also something else.

He's near the end of his life. He wants a legacy. He desperately wants to be President. IMO, he thinks he'd be a good President and should have been President.

But he also could use the money. He hasn't become as wealthy as most of the others in Congress. I don't think he cashed in on his prior runs for President...maybe because he didn't run successfully. He never even got close.

I don't question that once most candidates are in office, they think they would be good for the country and would do their best to that end. But the reason some of the ones who run keep running...is that they gain from it,if they are successful at it. I think that's why Trump ran a couple of times. It increased his brand and made him money. He became a household name.

[CrossingTheRubicon]

61. Plus $200,000 paid to Jane Sanders as a "golden parachute" after she bankrupted Burlington College

and after Jane had the college pay her daughter $500,000 to teach woodworking.

If anyone one else engaged in such cronyism and from such "golden parachute" I suspect BS would be apoplectic.

The whole affair stinks.

[vsrazdem]

69. Regarding Jane's daughter, from the VT digger article regarding this matter.

“I was impressed that she was there, putting aside what had happened to her mom,” a former administrator said. “She was really matter-of-fact about the deal. She said, ‘I never dealt with my mom, anyway. My relationship was always with Christine. It’s really nothing different.’”

The largely flattering NEASC report notes that, in 2011, the woodworking school was “self-supporting” and generated “net income for the college.”

Leopold argued the program was a net gain and made the school more appealing at a time when administrators were seeking to boost enrollment.

“If it was generating a net profit, no matter how small, then what’s the problem?” Leopold asked. “The association with the woodworking school had an intangible benefit, and it expanded the offerings of the college.”

Leopold said there “was nothing improper” and that board members were aware of the relationship between Sanders and Driscoll.

[seaglass]

73. Jane got a portion of the proceeds from the sale of the family home. It was that money and

an advance from one of Bernie's books along with some savings that paid for the house.

I can understand the confusion as Jane was dishonest when first asked how the house was paid for.

https://vtdigger.org/2016/08/18/sanders-lake-home-purchase-leaves-questions-unanswered/

[George II]

78. That's not accurate. The house in Maine was left to Jane and her brother. She sold her half....

....to the brother for $150,000. They paid just shy of $600,000 for the North Hero house. Cash, no mortgage.

[Honeycombe8]

24. 39% used the same email address? That's suspicious.

These are big moneyed donors. Who are they?

The Democratic Party leaders have only themselves to blame.

[Hassin Bin Sober]

29. Lol.ok.

[Honeycombe8]

32. Why do you find that funny? nt

[awesomerwb1]

76. He's mocking you

At least he didn't type a bunch of smilies like a few of them I've noticed like to do.

Eg/:

[vsrazdem]

52. What are you talking about. 39% used an email address that had never donated before.

That means possibly 39% were new donors. That is not saying it was the SAME single email address.

[ZeroSomeBrains]

27. It must all be coming from Republicans or Russians

I'm sure it all came in the form of rubles. At least that is what you would assume if you read DU all day. I wonder if the $27 I donated are being used on private jets. You know he's a socialist or something. He must never fly on a private plane.

[Hassin Bin Sober]

31. .

[workinclasszero]

42. OMG!

Bernie must be running ahead of where he was in 2015 at this point in time!

The Bernie Revolution lives!!! ✊✊🏽✊🏿

[lapucelle]

43. $$$$$$$$$$$$$$$$$$ CHA-CHING $$$$$$$$$$$$$$$$$$$$

[Devil Child]

46. Quite a haul by Sen. Sanders

This in addition to the volunteer numbers combine for an impressive organizational boost.

Thanks for the update Hassin Bin Sober!

[redstateblues]

49. What is Weaver's cut going to be?

Now that he’s a 1%er

[Bernie42020]

56. WOW

Some of the responses here? Let me make sure I'm at the correct site. I think someone might be playing with my bookmarks.

[Hassin Bin Sober]

58. Just ignore them.

Stay positive.

[vsrazdem]

64. I know, Its disgusting and I am afraid it is only beginning.

I may have to take a break until the primaries are over.

[sacto95834]

84. Hang in there...

As someone once said, "Jesus, please save me from your followers."

Most of the people here are very nice and want to share thoughts and points of view and some are just bitter and have very little to share other than their point of view. Engage with the former and try not to let the latter bother you too much. Just like life in general.

Peace....

[Bernie42020]

85. One would think,,,,

that many of these people have violated several terms of service by now. I didn't think a lot of this was allowed. Live and learn, eh?

[George II]

63. Specifics? Thanks!

[David__77]

70. Good start!

I’m glad he’s running and contributing a pro-peace message.

[workinclasszero]

72. WTG Bernie!

!0 million bucks in the bank, one million volunteers.

I'd say Bernie is off to one hell of a great start!

[seaglass]

74. Well, the jets article came out before the info about Bernie's huge fundraising news came out.

Can't dispute that this is a lot of money in a short period of time.

[forklift]

77. Great for Bernie

[bronxiteforever]

83. NY Times writes a bridge too far

“Daunting a figure for his rivals”.
It is not a daunting figure for his rivals. In June 2016
Jen Bush has raised 162 million dollars
Ted Cruz 158 million
Marco Rubio 125 million
Ben Carson 76 million
Cheeto 67 million and he had won the nomination.
https://www.nytimes.com/interactive/2016/us/elections/election-2016-campaign-money-race.html

In politics votes matter more than money. My point is not to say this is bad for Sanders. Any candidate would rather have more money than their rivals at the start of the campaign but there is hyperbole in this article.

BTW isn’t it shocking to see that Carson had out raised Cheeto in June 2016. I did not know that.