Ironically, even though Donald Trump is gaining more and more support among Republicans, there is still one thing that may stand in his way of getting elected: money.
That’s right – despite the fact that Trump is exceedingly wealthy, many Republican financial backers refuse to support him, which could mean he won’t be able to raise the necessary $1 billion before the election in November.
According to The New York Times, interviews with the largest donors to the Republican party showed that many financial backers don’t trust Trump, or just plain don’t like him.
A fair amount of the most reliable, and most generous, financial contributors have already made it clear that they will not be providing any backing for Trump. This includes people who in the past have contributed $90 million to campaigns, largely in the form of super PACs.
Trump has previously acted un-phased by the fact that he may not receive traditional support – he has enjoyed being a controversial candidate and goading on the Republican party, and relied on his own money to help fund things. However, he now has to come up with a whopping $1 billion, and has only recently appointed a financial chairman to help with fundraising. He will also have to win over some of the wealthy elites that he initially alienated.
Not only do these supporters refuse to fund Trump, they downright oppose his campaign.
“Until we have a better reason to embrace and support the top of the ticket, and see an agenda that is truly an opportunity agenda, then we have lots of other options in which to invest and spend our time helping,” explained Betsy DeVos, a Republican from Michigan whose family has contributed almost $10 million to campaigns in the past.
“He’s an ignorant, amoral, dishonest and manipulative, misogynistic, philandering, hyper-litigious, isolationist, protectionist blowhard,” added Michael K. Vlock, who has contributed $5 million in the past.
Regardless of his vast wealth, it is clear that Trump’s aggressive demeanor and unlikable attributes are affecting him on a greater level now. If Trump can’t find a way to convince bigger investors to back him during the next few months, he may not stand a fighting chance.
Sources: http://www.zerohedge.com/news/2016-05-05/trump-picks-former-goldman-partner-and-soros-employee-finance-chairman, http://www.nytimes.com/2016/05/22/us/politics/donald-trump-republican-fundraising.html?_r=0,