Wednesday, March 16, 2016
Oh, The Shame Of It All!
Imagine you are a rich Republican who likes giving money to the party. Now imagine giving money to that same party after they have nominated a misogynistic, racist bigot for president. Imagine the taint on your reputation and legacy if you support such a vile creature. And in real life some Republican donors are facing just such a situation.
As Donald Trump inches closer to becoming the U.S. Republican nominee, many of the party's big donors fear they will tarnish their reputations should they contribute to a candidate who has insulted women, Hispanics and Muslims.Being what they are, there will always be some rich Republicans willing to give no matter how bad the nominee is. But the wide and deep streams of cash usually enjoyed by Republicans will be flowing less this year.
Some flatly reject the notion of ever funding his campaign.
In interviews with Reuters, 22 members of the Republican money class spoke of the “anguish,” “struggle,” and “Catch-22” they now find themselves in, especially in light of the violence at Trump rallies and the candidate’s refusal to denounce it.
Two additional high-profile Republican donors, Gaylord Hughey of Texas, who backed Jeb Bush's Super PAC, and Ronald Firman of Florida, who poured more than $2 million into a conservative Super PAC, said they were still undecided and hoped Trump would tone down his inflammatory rhetoric and urge his supporters to eschew violence.
Trump won at least three states on Tuesday but his loss in Ohio means the Republican nominating convention in July may be contested if he falls short of winning a majority of delegates in the state-by-state contests.
Republican donors are a testing ground for Trump, who is under pressure to soften his tone to win independent voters. Even an unorthodox campaign like his is expected to need some money for television ads and staff should he reach the general election. The billionaire real estate developer may find it difficult to fund this with his own wealth.
Throughout the 2016 election, many establishment donors have viewed themselves as dedicated soldiers, willing to go to any lengths to prevent either Hillary Clinton, the Democratic front-runner, or her rival Bernie Sanders from winning the Nov. 8 election to succeed President Barack Obama.
But some Republicans said they worried that becoming a Trump donor could taint legacies, family names and personal brands. Many said they disagreed with his protectionist trade policies, his calls for the building of a wall on the Mexican border and his proposal for a temporary ban on Muslims entering the United States.
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