2016 Postmortem
Related: About this forumSanders is biggest spender of 2016 so far — generating millions for consultants
The small-dollar fundraising juggernaut that has kept Bernie Sanderss insurgent White House bid afloat far longer than anticipated has generated another unexpected impact: a financial windfall for his team of Washington consultants.
By the end of March, the self-described democratic socialist senator from Vermont had spent nearly $166 million on his campaign more than any other 2016 presidential contender, including rival Hillary Clinton. More than $91 million went to a small group of admakers and media buyers who produced a swarm of commercials and placed them on television, radio and online, according to a Washington Post analysis of Federal Election Commission reports.
While the vast majority of that money was passed along to television stations and websites to pay for the advertising, millions in fees were kept by the companies, The Post calculated. While it is impossible to determine precisely how much the top consultants have earned, FEC filings indicate the top three media firms have reaped payments of seven figures.
Sanderss money blitz, fueled by a $27 average donation that he repeatedly touts, has improbably made the anti-billionaire populist the biggest spender so far in the election cycle. The campaigns wealth has been a surprising boon for vendors across the country who signed on to his long-shot bid.
https://www.washingtonpost.com/politics/sanders-is-biggest-spender-of-2016-so-far--generating-millions-for-consultants/2016/04/28/600170ce-0cf2-11e6-a6b6-2e6de3695b0e_story.html?postshare=5931461863463893&tid=ss_tw
NWCorona
(8,541 posts)Sky Masterson
(5,240 posts).
oasis
(49,499 posts)from the proceeds for his media outfit.
Sheepshank
(12,504 posts)just goes to show money really doesn't buy elections.
LexVegas
(6,121 posts)bjo59
(1,166 posts)he even started. The hyper wealthy are the ones that willfully ramped up the price of running for office in a bid to keep their control of the country secure. Probably irks them no end that Bernie Sanders has proven it is possible to effectively participate in the political process without taking bribes. Jeez... he even gets around a blackout by the media corporations who own 90% or more of the mainstream media. Well, let's get to work and criticize him for daring to spend so much money to run against a hyper wealthy candidate backed by Wall Street, the corporate media, big pharma, big agro, defense contractors, and all the rest. That dirty bastard!
Response to Cali_Democrat (Original post)
texstad79 This message was self-deleted by its author.
whatchamacallit
(15,558 posts)Plutocrat Groupies take issue with Sanders' campaign finances... lol.