All Anons knew he would never make it to the election. Here's the reason for the delayed announcement of him backing out...
The new rules put in play by the Democratic party state that once the candidate is chosen by the convention and then subsequently withdraws then a small committee will step in and choose the democratic candidate without a vote. This is why (this week) they tried to select Joe via an early zoom-vote ahead of the convention so they can speed up this process due to Biden's advancing decline.
I am sure they have someone else in mind that we have not been considering. I think they will insert Valerie Jarrett and Susan Rice. One for President and one for VP.
Want to know who has been the feet on the ground making decisions for Joe Biden... here are the people in that orbit held over from Obama. All black. All female. All radical Left. https://www.essence.com/news/29-powerful-black-women-calling-shots-obama-administration/#128692
True... except, they have plenty of money elsewhere. When your entire world is about to collapse in front of you then your money will have no use after the fall... give it up now to prevent it. They can find the money.