https://www.zerohedge.com/political/biden-dropping-out-2024-race
I believe this is actually a good thing, because it GUARANTEES that the D's convention in Chicago will likely be a repeat of the '68 convention chaos.
If Biden had been nominated and then dropped out afterward, the DNC could have simply selected whoever they wanted to replace him.
By dropping out before he is nominated, that means they have to have a vote during the convention... and there is no clear front runner in terms of his replacement. Also, Kumquat is a wild card - it is going to be very difficult to kick her (Indian/Black/Whatever) ass to the curb in favor of a whole new ticket.
Even worse for the D's, they have to worry about ballot deadlines, raising donations for the new ticket, and so on.
Expect total chaos...
Brought to you by the Party of Chaos.
Update: a number of people have all come out endorsing Kumquat the Throat GOAT for President. This solves the campaign contribution money issue, but does not help with the ballot issue in at least 2 States.
Wisconsin, a swing State, only allows changing the ballots if the candidate dies. Nevada, another swing State, is similar, but also allows a candidate that is declared incompetent to serve to be switched. Bye-done did neither of those things, so expect a legal battle in both of those states, and probably more.
Also, they have to vote for Kumquat to become their nominee during their convention in Chicago. That is not a sure thing... much chaos is possible... extra spicy.