Joe Biden begs Wall Street titans for cash
Biden begs Wall Street titans for cash: President attends fundraiser in Central Park, home of $5.4 billion financier to get wealthiest Democrats to dig into their pockets
- Joe Biden has repeatedly lashed out at billionaires for not paying their fair share
- The president could face accusations of hypocrisy over the mega-donor events
- He crosses the country to raise funds for 2024
Joe Biden will be begging Wall Street bankers for campaign money later Thursday, a little over 24 hours later, declaring war on billionaires for not paying their “fair share” in taxes.
The president will participate in a New York fundraiser later held by two very wealthy Biden-backed financial power brokers.
Jon Gray, president of the Blackstone Group, and Blair Effron, co-founder of Centerview Partners, have a combined net worth of $5.4 billion, according to Bloomberg.
Another event for the Democrats’ mega-donors will take place at the Central Park West home of Mark Gallogly and his wife, Lise Strickler, which will focus on how Biden will tackle climate change in his second term.
At previous events, Biden has charged attendees thousands of dollars to attend the events, and as much as $100,000 for a selfie at a fundraiser in California.
It could bring charges of hypocrisy against the Supreme Commander who railed against wealthy Americans in his self-described “Bidenomics” speech.
Attendees at an April 20 event in California could pay $100,000 for a “meet and greet” ticket that gave wealthy donors the chance to take a selfie with Joe Biden himself
Some 52 percent of all voters think they are worse off now than when Biden took office
You know, when we started, there were 750 billionaires in America before the pandemic. Now there are 1,000,” he said on Wednesday.
“Do you know how much the average taxes they pay in federal taxes are? 8% taxes. No billionaire should pay lower tax rates than a school teacher, a firefighter, a cop,” the 80-year-old added.
Last year, Biden was criticized for spending Thanksgiving on the Nantucket waterfront, David Rubenstein’s home, which is worth about $3.2 billion, according to Forbes estimates.
His campaign hopes to show how Biden has contributed to the prosperity of America’s middle class despite a year of inflation and record gas prices.
A poll for DailyMail.com found that 52 percent of all voters think they are worse off since Biden took office.
According to data submitted to the US election watchdog, the Federal Election Committee, the Biden for President campaign has raised more than $12 million over the past two years.
Biden only officially confirmed his intention to run for a second term on April 25, meaning he will turn 86 if he manages to defeat his Republican rival next year.
But concerns about his age appear to be shared by voters from his own party.
A USA Today voter poll released June 13 found that 37% of Democratic and Independent voters say his senior years make the president less likely to vote for him;
However, current predictions suggest he will face a rematch against ex-President Donald Trump, who is the runaway favorite in GOP voter polls.
RFK Jr. is Biden’s only potential challenger, but could be banned from the primary by Democratic Party officials
Only no-hopers Robert F. Kennedy Jr, an anti-vaccine conspiracy theorist and scion of America’s “royal family,” and self-help author Marianne Wilkinson have said they intend to run against Biden.
But there seems little appetite among Democratic Party apparatchiks to support a competitive primary runoff against the incumbent.
RFK Jr, nephew of assassinated President JFK, enjoys support from a whopping 15 percent of the party’s primary voters.
The environmental lawyer, who has been trying to shake off some disgruntled Republican voters with promises to seal the border with Mexico, launched his long-awaited bid in Boston in April.