Facebook co-founder donates $20 million to defeat Trump (user search)
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  Facebook co-founder donates $20 million to defeat Trump (search mode)
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Author Topic: Facebook co-founder donates $20 million to defeat Trump  (Read 1016 times)
Virginiá
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« on: September 09, 2016, 11:28:20 AM »

http://www.politico.com/story/2016/09/dustin-moskovitz-facebook-2016-donation-227931
https://medium.com/@moskov/compelled-to-act-1413930041ee#.xyqcyt2sd

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That is a substantial contribution that could really help a lot downballot, but I have a couple questions:

1. Does The League of Conservation Voters have a good track record? Looking at OpenSecrets ( https://www.opensecrets.org/pacs/expenditures.php?cycle=2016&cmte=C00252940 ), it says $1,416,321 was contributed total to federal candidates, but on the recipients page it only shows 500k~ worth, and they seem pretty spread thin. I suppose 5 million would mean quite a lot of money going to candidates in competitive districts that need it, though, but not if the contributions continue to be as small as they have so far. Wouldn't it be better to take that 5 million and dump it into about a dozen House races and a few Senate races?

2. "For Our Future PAC" was started by Labor unions and Steyer was supposed to contribute quite a bit himself, but OpenSecrets only shows a 2.5 million transfer from the AFL-CIO and nothing from Steyer (yet), so was this even a PAC worth contributing to? I mean they launched with ambitious goals:

http://www.usatoday.com/story/news/politics/onpolitics/2016/05/12/labor-unions-launch-50-million-super-pac/84282910/

But it's already September and all they have is 2.5 million dollars. Is it common for such large contributions commitments to be fulfilled as late as mid-September?

https://www.opensecrets.org/pacs/indexpend.php?cycle=2016&cmte=C00620971

Maybe it would have been better to just take that 5 million and pitch it to Democrats' Senate Majority PAC / House-related PAC(s).

Thoughts?
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Virginiá
Virginia
Administratrix
Atlas Icon
*****
Posts: 18,921
Ukraine


Political Matrix
E: -6.97, S: -5.91

WWW
« Reply #1 on: September 09, 2016, 12:22:55 PM »

Rich latte liberal blows massive amounts of money to be part of elitist circlejerk. More at eleven Tongue.

I know

I posted it because I wanted to see if anyone had any insight into the LCV and For Our Future PACs, and whether that combined 10 million would be money well-spent.
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Virginiá
Virginia
Administratrix
Atlas Icon
*****
Posts: 18,921
Ukraine


Political Matrix
E: -6.97, S: -5.91

WWW
« Reply #2 on: September 09, 2016, 01:02:26 PM »

That's funny, Atlas told me that Republicans had all the rich donors locked up.

Since when?
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Virginiá
Virginia
Administratrix
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Posts: 18,921
Ukraine


Political Matrix
E: -6.97, S: -5.91

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« Reply #3 on: September 09, 2016, 02:07:34 PM »

Sasha Issenberg wrote about LCV Victory Fund today

http://www.bloomberg.com/politics/articles/2016-09-08/super-pac-telegraphs-battleground-strategy-to-clinton-campaign

In announcing its plans for an “aggressive $4.2 million persuasion canvass” across three states—Pennsylvania, Nevada and North Carolina—the LCV Victory Fund has taken the unusual step of including in a press release the specific ranges of microtargeting scores that define the voters it will attempt to sway in Clinton’s favor and against Trump. It amounts to a direct and precise signal to Clinton’s campaign, state parties and other super-PACs not to bother duplicating those efforts, or perhaps to layer on specific digital or direct-mail communication targeting those individual voters.

Thank you for that! This is sort of what I was looking for by creating this thread - trying to see what they planned to do with it.

That said, I'm a little disappointed this is going to Clinton-related efforts. She has a lot of resources/support already, and that money could be better served in downballot races where candidates are in need of their own support. However, given that there is a competitive Senate race in each of those states, along with some competitive House races, I hope that they are persuading those voters to support the Democratic Senate/House candidates as well.

     My experience in higher education development tells me that fulfilling multi-million dollar pledges in the space of a couple months is an overly ambitious goal. The urgency of the election will certainly help, but for such things a timespan of years would not be unusual.

The union pac did say they were setting it up as a long-term operation, so I suppose it could be put to use building up for 2018.
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