Joe Biden’s drop in cash puts pressure on campaign and donors as they seek more sources of financial support

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    eridani
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    https://www.cnbc.com/2019/10/16/joe-biden-drop-in-cash-puts-pressure-on-bundlers-as-they-seek-support.html

    Other donors though are not as optimistic, and stress that the current cash-on-hand situation puts pressure on them, along with the campaign, to have a successful fourth quarter.

    “He needs a big fourth quarter to be properly positioned going into the actual caucuses and primaries,” a leading Biden financier explained. “Only thing our donor base can do is drive in more dollars. At this point the low hanging fruit has been harvested and we have to dig deeper,” this person added.

    “It’s all going to count in the fourth quarter. If he doesn’t have strong numbers, he’s f—ing done,” said another fundraiser helping Biden behind the scenes.

    Another fundraiser explained that Biden’s lack of cash going into the fourth quarter could put him at a “handicap” for the primary states. “We all thought he would be better than this,” this max contributor said.

    The two most common substances in the universe are hydrogen and stupidity.

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