Lindy Li, a former Democratic fundraiser who switched her party affiliation over unheeded warning signs of President Joe Biden’s decline in the 2024 election, believes the party badly misallocated its fundraising, misled donors and rewarded party operatives who propped up Biden’s image. "It was: ‘maintain this very obvious lie in return for access,’" Li recalled in an exclusive interview with Fox News Digital, referring to assertions that Biden was not experiencing cognitive decline. "And whoever maintained, whoever was most strident in propounding that lie got the most access.
And whoever subverted it or dared to ask questions would see their access quickly diminish." Li herself would find her access completely cut off after she began questioning Biden’s physical ability to serve another four years as president. But before leaving, Li became a top operative and is now chronicling the months leading up to Biden's withdrawal from the race in her new book, "Unburdened." Her revelations include what then-Vice President Kamala Harris did with a historic, billion-dollar war chest. NANCY PELOSI DENIES KNOWING ABOUT BIDEN'S DECLINE, CLAIMS THOSE WHO KNEW 'SHOULD HAVE ACTED' For starters, Li believes that the numbers themselves weren’t what they appeared to be from the outside.
"I sincerely believe it's a pyramid scheme," Li said. She explained how fundraisers would sometimes take credit for each other’s work. In some cases, top recruiters could effectively double-dip on work that their subordinates had done.
"When you recruit somebody, you can claim up to $250,000 of what they raise," Li said. "In fact, you could poach other people's donors and move money around. And that is how some people reach like $10 million without actually raising a thing.
It's like accounting gimmicks and machinations rather than real money. I know there were people who were double counted." As a top fundraiser for both Biden and Harris, Li worked closely with top donors, high-profile members of the party and the Democratic National Committee (DNC). Li described how she had a front-row seat for many of the party’s spending decisions.
Li recounted that most of the Harris campaign's spending went through four large media contracting companies. These contractors, Li said, collected enormous fees and received over half a billion dollars. The companies that were listed in her book included Media Buying & Analytics, Gambit Strategies, Bully Pulpit Interactive and Dupont Circle Strategies.
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