Furious Donors Band Together In Biden "DEMbargo"

President Biden says that he isn’t going anywhere, even as polls show that 72 percent of voters want someone else at the top of the ticket this year. Democratic donors are furious about this decision, and they are now threatening to revolt. Mike Papantonio & Farron Cousins discuss more.

Link - https://www.nytimes.com/2024/07/04/us/politics/biden-donors.html

Link - https://www.yahoo.com/news/almost-70-percent-progressive-voters-143206436.html

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

President Biden says that he isn't going anywhere even as polls show that 72% of voters want someone else at the top of the ticket. That's easy to understand. Democratic donors are furious about this decision, and they're now threatening to revolt. I've got Farron Cousins with me today, by far, one of the best progressive commentators in the business. Do you think this means anything? I mean, isn't this a ship that can't, they just have no ability to switch directions? It's the Democratic behemoth ship that cannot change directions. What's your take?
Yeah. I don't think it matters how much outside pressure there is, even the high profile voices, whether it's with Hollywood, whether it's with the strategist class or with the donors, the decision is a hundred percent up to Biden. And with him being adamant saying, I'm not going anywhere, that's the way it's gonna be. Right? I mean, he got the votes in the primary. He's won the states. We've got the rule for the convention that says if you vote for somebody that didn't win your state, your vote doesn't count. So it is what it is.
It's a box.
Like, it's stuck.
Yeah. It's a box. Even though 70% of progressives say that there needs to be a new guy in charge, the numbers are absolutely startling. And you've got this small group of progressives that are never gonna change his mind. You could have this babbling, incoherent idiot, doesn't make any difference what's going on in that position. They're such team players. They wear the blue hat. They're the ones that send in comments with the little blue stars. I mean, the little blue hearts all over those. You can't change their mind. So I guess, at this point, it's just something that's gonna go forward and we're gonna see how it lands. Right?
Right. And they say, hey, you're helping Trump by bringing attention to Biden. No, we're actually trying to beat Trump by bringing in somebody capable of beating Trump. So don't come at me with those arguments because that is absolutely the dumbest thing I've ever heard these people say.
It's childlike thinking, isn't it?
Well, and that's the thing, is the donors understand that. They say, listen, the most important thing is to beat Donald Trump. Do the polls show that Biden can beat Donald Trump? No, they don't. They absolutely do not show him winning and didn't show him winning even before the debate.
That's right. And we're in July. Okay. The best polls for Biden, the closest ones are the national polls, not state centered, not on states that are gonna make a difference in the election. If you look at those, it should scare the bejesus out of the Democrats.
Trump wins, I think 303 electoral college votes.
That's correct. That's correct. So, we can do what we do every week. We can tell the truth about what we're seeing. But you're always gonna have that faction that is absolutely incapable of critical thinking. They've lost the ability to critical think. They have. I mean, even though the politicians are saying, well, we gotta jump in line, Jeffries, we gotta jump in line. Schumer, we gotta jump in line. AOC, oh yeah, he's our guy. That might be happening. But you have donors, listen to this. Abigail Disney, Disney, she is huge, huge donor for the Democrats. She says, either you do something about this or I'm not gonna give you your money. Now will that change? It might. But it's not a good message. Gideon Stein says, we're gonna hold back three and a half million dollars until something happens.