As a general principle, all money "spends the same." However in politics, some money is much more useful than other money.
When a political party receives your donation just before an election, there are few useful things it can do with the money. What is most worthwhile for a political party is having regular money that it can rely on.
While this seems obvious, many people do not focus on it until it is pointed out. Accordingly I made this the theme of my talk when I spoke at the 15th anniversary celebration of the Liberty Network.
I wrote out the speech in advance, to ensure it would fit within my allotted time. Accordingly you can read it below.
I’m Mohammed Amin, a Board Member of the Liberty Network. I want to share three things:
Before that, let me thank you for braving the train strike to get here. And thank XXXXXX XXXXXXX for sponsoring tonight’s event.
I’m 71, and I’ve been a politics junkie since I was 10. I was a Liberal for six years, and then a Conservative for 36 years, until the day Boris Johnson became the Party Leader.
I’ve been a Liberal Democrat since the General Election. I joined because I agree with the Liberal Democrats more than I agree with any other political party.
Political parties need three things:
Money pays for the full-time staff who glue the Party together, for technology, for national infrastructure, and for some advertising.
However, all money is not the same. The best political spending happens long before election day. The most useful money is steady, regular, money you can plan with.
Once I understood that, in August 2020, I started giving £250 every month by standing order. I picked that as a number I could give for ever. The morning I heard we had won Chesham and Amersham, I was so delighted I raised my standing order to £350 per month.
The most important thing membership gets us is more Liberal Democrat MPs, more Liberal Democrats elected to councils and to devolved Parliaments.
But there are also some personal benefits.
We get invited to events like tonight. Not just social events, but policy discussions, meetings with speakers not just from inside the Party but also academics and other thinkers. The Party’s leadership also stays in touch with us via regular Liberty Network newsletters.
Enjoy the rest of the evening, and if you’re not already a Liberty Network member, please join.