“On the Holmes Front,” with Frank Holmes
One Democrat’s cynical attempt to buy elections and wreak revenge on her enemies has just blown up in the most disastrous way possible. And the Democratic Party in this swing state is going to pay the price in a major way this election year.
The political machine of one celebrated Democrat, who was once touted as the future of the party, is about to go bankrupt.
Two-time loser Stacey Abrams founded Fair Fight after narrowly losing the Georgia governor’s race to Republican Brian Kemp in 2018. Abrams made her name by accusing Kemp and the GOP of rigging elections—which Democrats call “undermining our democracy” when Republicans do it.
Abrams intended the group as the ultimate revenge: She’s discredit her political enemies, move to change election laws, mobilize voters, and ride the momentum back into office in a 2022 rematch with Kemp…or so she thought.
Stacey Abrams turned her loser status into a huge asset.
Fair Fight pulled in an incredible $103 million in three years—and pretty soon, people thought Georgia seemed too small.
By 2019, she announced grand plans to donors for her organization to expand nationwide, with 20 staffers spread out across every swing state in America.
The same year, she delivered the Democrats’ response to President Donald Trump’s State of the Union address and paid for a 30-second spot during the Super Bowl broadcast all over the state of Georgia.
Stacey Abrams was everywhere—and so was her liberal fan club. MSNBC and left-wing activists even encouraged Abrams, who never held office above a state legislature, to run for president.
When she turned them down, The Washington Post did a full story—complete with a PR photo spread—all but begging Joe Biden to name Stacey Abrams as his vice president. (Biden promised to tap a black woman, which narrowed the field significantly.)
She never really conceded the 2018 race before running for governor a second time in 2022…and the entire establishment got behind to give her a push.
In March 2022, Star Trek: Discovery even featured Abrams as “President of United Earth.”
But she lost to Kemp, again, and went back to focusing on her organization.
Then the news broke this week: Fair Fight got KO’d by Stacey Abrams’ mismanagement.
Abrams announced she’s bringing in a loyalist to reorganize the group for bankruptcy.
Fair Fight is now $2.5 million in debt and only has $1.9 million on hand.
“The organization’s voting rights, media, fundraising and grassroots organizing efforts will be slashed, and it will pare back its use of outside consultants and vendors. Some 20 employees — or 75% of the staff — will be cut,” reports the liberal Atlanta Journal-Constitution.
Now, Abrams’ group is dead—”like her political career,” writes Mollie Hemingway of The Federalist.
Like Her Political Career, Stacey Abrams’ Election Lawfare Group Is Headed Toward Irrelevance https://t.co/Am9pxb4cjh
— Mollie (@MZHemingway) February 1, 2024
Ironically, Abrams is hurting too much from this bankruptcy. In fact, milking the group worked out very well for Abrams personally.
Stacey Abrams had a piddling net wort of $109,000 when she first ran for statewide office in 2018, but she owed $233,000 to creditors, including $96,000 in student loans.
But she paid off the whole amount in about a year. But she was worth $3.17 million in 2021—a 3,000% increase.
All that wealth accumulation came even though Abrams cannot manage money—blowing campaign funds on handing out “bling” to teenagers (who likely weren’t registered to vote) and renting a $12,500-a-month palace so for social media influencers to hype her campaign on TikTok.
The campaign went deep in debt, but Abrams came out smelling like a rose.
Abrams even told talk show host Drew Barrymore that running for office is her “job.”
"Election Denier Stacey Abrams: "Part of my job, I run for office, yes" pic.twitter.com/yWi1LZUkPr"
— Republican Women of Mercer County 💪🇺🇸 (@RWOMC) January 9, 2023
But like Kamala Harris, Abrams’ success didn’t work out well for her staffers. After she lost the election for Georgia governor—again—she left the campaign staffers who worked their tails off for her out in the cold, cutting off their salaries promptly. Some, who had given up everything to stump all over the Peach State for their political idol, said they had no idea how they were going to pay their rent.
Democrats have regularly accused Donald Trump of getting contractors to go all-out for his projects, then hiding behind bankruptcy laws to screw them over, hurting the little guy. They say he tried to rig elections and refuses to admit when he lost, or go away when he’s defeated.
The Democrats always accuse you of what they’re actually doing, and nobody proves that better than Stacey Abrams. It’s time for her to go back to being the trashy romance novelist she always was, before more trusting staffers have their lives ruined—or, worse yet, our country gets ruined by her disastrous financial policies.
Frank Holmes is a veteran journalist and an outspoken conservative that talks about the news that was in his weekly article, “On The Holmes Front.”