And the winner is…the “Anti-Billionaire”…or the guy who detests rich people…or how about the guy who made a LOT of people rich during his campaign, but did absolutely nothing for the less fortunate with his windfall. In fact, we reported about hundreds of homeless people who were kicked out of a venue they used as a warming hut on the coldest night of the year because socialist Bernie Sanders (who cares so much for the poor and underprivileged) was about to host a rally in that venue. Oh well…the show must go on…who has time for homeless people who likely won’t vote….right hypocrite Bernie?
The small-dollar fundraising juggernaut that has kept Bernie Sanders’s insurgent White House bid afloat far longer than anticipated has generated another unexpected impact: a financial windfall for his team of Washington consultants.
As donations surged this year, the Sanders campaign ratcheted up its spending each month, racing through an astounding $45 million in March alone.
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.
Sanders’s 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 campaign’s wealth has been a surprising boon for vendors across the county who signed on to his long-shot bid.
The large profits stem in part from the fact that no one in Sanders’s campaign imagined he would generate such enormous financial support. So unlike Clinton, he did not cap how much his consultants could earn in commissions from what was expected to be a bare-bones operation, according to campaign officials.
A campaign spokesman declined to comment on whether Sanders feels the high fees earned by his media consultants are appropriate. Via: Washington Post