NEWSLETTERS
SUBSCRIBE
Colorado Politics

Print Edition

Log in
My Account
Log in
Subscribe
My Account
Log in

Billionaire Democratic donor tells Biden to step aside: ‘Vanity or virtue’

By and 07/19/2024 | updated 1 year ago

Billionaire Democratic megadonor Michael Moritz is demanding that President Joe Biden step down as the Democratic presidential nominee.

The move by the Silicon Valley venture capitalist is sure to further tighten the screws against Biden, as he faces a continuing avalanche of defecting Democratic congressmen and donors. In an email to the New York Times, Moritz said Biden has a choice: “Vanity or virtue.”

“He can either condemn the country to dark and cruel times or heed the voice of Father Time. The clock has run out,” he said.

Moritz, 69, threatened to withhold all his funding for Democrats if Biden is not removed, reflecting a significant concern for Democrats as other major donors have pledged to do the same.

(function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:11095963150525286,size:[0, 0],id:”ld-2426-4417″});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src=”//cdn2.lockerdomecdn.com/_js/ajs.js”;j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,”script”,”ld-ajs”);

“I would vote for Biden, but I would not give another penny to any fund-raising appeals from Democrats,” he said.

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

So far, Moritz has donated $7.8 million to pro-Biden and anti-Trump causes in the 2024 election cycle, according to the outlet.

Moritz joins the growing list of donors threatening to dry up the Democrats’ well of cash after former President Donald Trump raised more for the past several months.

(function(){ var script = document.createElement(‘script’); script.async = true; script.type = ‘text/javascript’; script.src = ‘https://ads.pubmatic.com/AdServer/js/userSync.js’; script.onload = function(){ PubMaticSync.sync({ pubId: 163198, url: ‘https://trk.decide.dev/usync?dpid=16539124085471338&uid=(PM_UID)’, macro: ‘(PM_UID)’ }); }; var node = document.getElementsByTagName(‘head’)[0]; node.parentNode.insertBefore(script, node); })();

(function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:11095961405694822,size:[0, 0],id:”ld-5817-6791″});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src=”//cdn2.lockerdomecdn.com/_js/ajs.js”;j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,”script”,”ld-ajs”);

Tags
Avatar photo
Brady Knox

Reporter

PREV

PREVIOUS

Chris Christie says assassination attempt hasn’t changed who Trump is ‘fundamentally’

Former New Jersey Gov. Chris Christie said former President Donald Trump’s speech at the Republican National Convention is evidence that the assassination attempt on his life has not changed who Trump is as a man. “It doesn’t change, fundamentally, who he is,” Christie told the hosts of ABC’s The View on Friday. “He’s 78 years […]

NEXT

NEXT UP

Q&A with Justin Schwartz: New CU Boulder chancellor on tuition, safety, football and diversity

The University of Colorado’s 12th Chancellor, Justin Schwartz, shared his vision for the university and talked about head football coach Deion Sander’s rise in popularity in a recent interview with The Denver Gazette.  Schwartz previously served as the executive vice president and Provost at the Pennsylvania State University for just under a year, and he […]
Welcome Back.

Streak: 9 days i

Stories you've missed since your last login:

Stories you've saved for later:

Recommended stories based on your interests:

Edit my interests