Joe Biden marketing campaign receives large nameless donation of $64 MILLION – NaturalNews.com

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June 9, 2024

Experiences have discovered that the re-election marketing campaign of President Joe Biden is heavily fueled by dark money, together with a $64 million donation in the summertime of 2020.

In a lately printed report from CBS Information, in the summertime of 2020, a generically named agency known as the Impetus Fund acquired a $64 million donation from a single nameless supply. This single nameless donation went by way of a sequence of accounts earlier than it will definitely made its means into the marketing campaign fund of the then-former vice chairman, serving to Biden defeat former President Donald Trump. (Associated: Forecast model predicts Donald Trump will win back White House, Republicans to take Senate and maintain House majority.)

Regardless of years of hypothesis – together with a number of investigations by a cottage trade of public curiosity teams, investigative reporters and even Fox Information – the supply of the $64 million donation continues to be unknown.

Most hypothesis means that the donation comes from a single, super-wealthy Biden supporter. Nonetheless, there isn’t a proof to assist this. The donation might simply as simply come from a privately held firm or a shell company – a tactic more and more being utilized by rich donors looking for so as to add layers of anonymity to their marketing campaign donations.

“With out details about who’s funding teams spending to influence elections, voters will not know who’s making an attempt to paint their views, will not pay attention to any potential conflicts of curiosity {that a} funder has or what stake they might have within the consequence of the election,” mentioned Anna Massoglia, editorial and investigations supervisor with the non-partisan watchdog group OpenSecrets, which focuses on monitoring the affect of cash on American politics.

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Biden marketing campaign to proceed accepting darkish cash

Regardless of the elevated scrutiny surrounding the darkish cash, Biden’s marketing campaign has said that the president will continue accepting dark money donations, supposedly as a result of the stakes for the upcoming election are “sky excessive” and regardless of earlier statements condemning such donations.

Beforehand, Biden mentioned that darkish cash “erodes public belief” and that it “flows within the shadows to affect our elections.”

In September 2022, two months earlier than the midterm elections, the president throughout a briefing on the White Home appeared to advocate for the passage of the Disclose Act, which might require political teams – together with events and campaigns – and nonprofits to reveal donations above $10,000.

However now, the Biden marketing campaign appears to have reneged on this pledge to refuse darkish cash.

“The stakes of this election are sky excessive,” mentioned an adviser to Biden’s marketing campaign. “We’ll defend our democracy with every tool that is legally available.”

“You do not present up at a gunfight with a knife,” mentioned one other Democratic strategist.

Issues have now been raised that the Biden marketing campaign will as soon as once more closely depend on giant donations from nameless, rich megadonors.

In January, Future Ahead (FF) PAC introduced that it had raised $250 million. In its April marketing campaign disclosure, FF reported elevating one other $16.2 million. A good portion of FF’s funds – together with two-thirds of what it had raised following its April disclosure – got here from darkish cash sources.

FF PAC plans to make use of the raised cash for an unprecedented promoting blitz beginning instantly after the Democratic Nationwide Conference in August and going by way of Election Day.

Study extra about President Joe Biden’s administration and his re-election marketing campaign at JoeBiden.news.

Watch this clip from Fox Enterprise discussing how Trump’s re-election marketing campaign relies largely on small individual donations.

This video is from the NewsClips channel on Brighteon.com.