AOC doesn't think Billionaires should exist, despite Democrat candidates taking donations from them

February 19, 2020 / 698 views

Democrat Rep. Alexandria Ocasio-Cortez suggests that billionaires should not exist and also mentions Michael Bloomberg's power, tied to his money, as being how he got into the DNC debate.

This raises the question on Democrats and their true focus. Do they want billionaires to exist and pay for everything? Or do they want billionaires to not exist at all? They cannot have it both ways.

Ironically, billionaires are also donating large amounts of money to Democrat presidential candidates.


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Forbes published an article exposing it:

Forbes mined roughly 2.5 million entries in the Federal Election Commission database and found that almost 20% of American billionaires have donated—either directly or through their spouse—to the campaign committees of Democrats running for president. Ninety billionaires donated in their own names. We found 23 billionaires who did not give any money but are married to people who did. By the close of the latest fundraising period, on September 30, 2019, Kamala Harris, Joe Biden, Pete Buttigieg and Cory Booker each counted at least 40 billionaires or spouses of billionaires among their backers.

Call it the billionaire horse race, as candidates travel the country collecting funds from the richest people in America. Harris got out of the gate quickly, attracting 30 big-money donors, including Laurene Powell Jobs and Salesforce’s Marc Benioff, during her first two months on the campaign trail. Lately, Joe Biden has been gaining ground. He got 19 new donors from July to September—more than any other candidate in that span. Some billionaires are betting on virtually everyone, increasing their odds of picking a winner. Blackstone president Jonathan Gray, for instance, has given to ten candidates.

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Billionaires aren’t necessarily the secret to winning elections. Just ask Beto O’Rourke, who got 13 of them to donate to his campaign, then dropped out in early November. Or Bernie Sanders, who has raised more money than any other Democrat, without a single billionaire donor that Forbes could find. (One spouse of a billionaire gave to the Vermont senator.) But friends with padded wallets tend to come in handy as elections push forward and candidates spend more and more money. 

How can any Democrat candidates be talking about equality when they have billionaires donating to them. That doesn't really make much sense.

Source: forbes
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