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Trump Has Now Shifted $1.3 Million Of Campaign-Donor Money Into His Business

Trump Has Now Shifted $1.3 Million Of Campaign-Donor Money Into His Business

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9 thoughts on “Trump Has Now Shifted $1.3 Million Of Campaign-Donor Money Into His Business

  1. **No bigotry, brigading, trolling, advocating violence or being a dick.** It’ll get you banned. See the sidebar for the full version of the rules.

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  2. The fundraising emails he sends to people couldn’t possibly sound any more grifty and nonsensical. I’m actually surprised they’re not written in all caps “HELP PROTECT YOUR PRESIDENT FROM THE REAL COLLUDER DEMOCRATS AND ENEMY OF THR PEOPLE FAKE NEWS MEDIA AND GIVE ME $50 TODAY”

    And these people fucking actually send him their own money, like ofc he’s taking it and spending it nefariously, he’s basically a televangelist for some of these people.

  3. This doesn’t count all the rent and other fees he charges the secret service at Mari Lago and drumpf tower.

    Plus cutting his own taxes and that of his family and friends.

    He’s way ahead until he southern district catches up

  4. Mar 20, 2019, 10:00am
    Trump Has Now Shifted $1.3 Million Of Campaign-Donor Money Into His Business
    Dan Alexander Forbes Staff
    Donald Trump has charged his own reelection campaign $1.3 million for rent, food, lodging and other expenses since taking office, according to a Forbes analysis of the latest campaign filings. And although outsiders have contributed more than $50 million to the campaign, the billionaire president hasn’t handed over any of his own cash. The net effect: $1.3 million of donor money has turned into $1.3 million of Trump money.
    In December, Forbes reported on the first $1.1 million that President Trump moved from his campaign into his business. Since then, his campaign filed additional documentation showing that it spent another $180,000 at Trump-owned properties in the final three months of 2018.
    None of this seemed likely when Donald Trump first got into politics. “I don’t need anybody’s money,” he announced on the day he launched his 2016 campaign, standing inside the marble atrium at Trump Tower. “I’m using my own money. I’m not using the lobbyists. I’m not using donors. I don’t care. I’m really rich.”
    At first, he acted like it, spending $50 million of his own money from April 2015 to June 2016. But the following month, when he was officially named the Republican nominee for president, his financing model changed. From July to November of 2016, outsiders contributed $234 million while Trump put up just $16 million.
    Once he became president, Trump had a chance to get some money back. The campaign put more than $800,000 into Trump Tower Commercial LLC, the holding company through which Trump owns his interest in the original Trump Tower on Fifth Avenue. Trump Tower Commercial LLC took in an additional $225,000 in rent from the Republican National Committee, which coordinated those payments with the campaign. That means that, since the inauguration, Trump’s reelection effort has had a hand in funneling more than $1 million into the president’s most famous property.
    In addition, the campaign has paid $54,000 to Trump Plaza LLC, which controls a property that includes two brownstone apartment buildings in New York City. The reason for those payments, which are listed as “rent,” remains unclear. Forbes staked out the property for 14 hours on a November day but still could not pin down what exactly the campaign was renting. A person working behind the front desk couldn’t make sense of it either. “If there was any kind of office rented out for campaigning or whatever, I would know about it.” Six residents also said they had never seen any indication of the campaign in the buildings. A 2016 campaign staffer, however, said people sometimes crashed at an apartment there when they were in town.

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