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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Gaetz-MTG Fundraising Tour Is Actually a Cash Fire
At the height of the controversy surrounding Rep. Matt Gaetz (R-FL) and the revelations that hes under investigation for sex trafficking, Rep. Marjorie Taylor Greene (R-GA) bet big on a nationwide joint fundraising tour with her embattled colleague. But new campaign filings show that not only did the gamble not pay off, but that the much-maligned Republicans actually spent four times as much as they raised.
Since Gaetz and Greene kicked off their joint fundraising committee with a May 7 event at The Villages in central Florida, their campaigns and joint fundraising committee have posted a combined loss of $342,000. And according to recent filings with the Federal Election Commission, that joint fundraising effort, Put America First, reported only $59,345.54 in contributions.
That sort of meager haul would be fine for a dinner or one-time event, but Gaetz and Greene have repeatedly held high-profile events and spent a whopping $287,036.19 to hold themmeaning theyre in the hole by more than $225,000.
Both Gaetz and Greene contributed $150,000 apiece from their own campaigns to the joint fundraising committee. And theyve raised money almost entirely from small-dollar donors. Only four people gave $500 or more to the shared committee. But their campaign tour of some of the most Trump-friendly areas in the nation has been inordinately expensive.
In fact, the big winner from the Gaetz and Greene barnstorming appears to be Gaetzs PR firm.
The Logan Circle Group, which the campaign hired in early April, made off with more than a million dollars in the second quarter of 2021. While the majority of that money came from Gaetz$825,000 over the course of one monththe firm nudged past the million-dollar mark with the $250,000 it received from Put America First. Those payments, nearly 90 percent of the committees total budget, were for event production and management, according to FEC filings.
https://www.thedailybeast.com/the-matt-gaetz-marjorie-taylor-greene-fundraising-tour-is-actually-a-cash-fire?ref=home
Tadpole Raisin
(972 posts)Thank you for this news!! Expect these 2 to become more strident in their protestations until something clicks in their tiny dinosaur brains.
ProfessorGAC
(65,010 posts)I think you'll be waiting for quite some time!
And, welcome to DU.
Tadpole Raisin
(972 posts)Extinction perhaps?
and thank you ProfessorGAC. I enjoy your posts!
SheltieLover
(57,073 posts)Pls don't hold your breath for that click.
Wounded Bear
(58,648 posts)lagomorph777
(30,613 posts)Your post gave me a little vomit in my throat.
NurseJackie
(42,862 posts)... so I guess that's something. But the fact that they're actually losing money is hysterical.
underpants
(182,788 posts)Maeve
(42,281 posts)More than the Merde-a-Lardo guy ever did.....
Crowman2009
(2,494 posts)keithbvadu2
(36,785 posts)Or Venmo for his 'minor' purchases.
lonely bird
(1,685 posts)Now, that was funny! And at the same time reinforces how disgusting Gaetz is.
infullview
(981 posts)Where Matty gets money from the PR firm deposited in some secret Cayman Island account.
ECL213
(212 posts)I don't believe for a second that the money they are "bleeding" is actually being lost. They both know this money train is going to end with the next election, if not before (Gaetz...orange jammies). That money is going into their pockets somehow.
paleotn
(17,912 posts)Unless they spent all the $250K or more, Gaetz comes out a bit less screwed than Green. She might as well tossed $150K minus half the $59K take down the toilet. That is if they're filing are factual. I wouldn't put it past either of them to hide the actual financial info.
IrishAfricanAmerican
(3,816 posts)Escurumbele
(3,389 posts)Like those who donate to donny, how stupid are these people? Can't they see that donny has made the scam of asking for money his source of income? That is the only money he seems to get nowadays, from stupid people.
Like one of the guests of Ali said last night, trump has become "The Beggar-In-Chief".
marble falls
(57,080 posts)... picher, dad's got some swampland fer sale, innerested?"
Moving money around Gaetz's different companies and campaign funds sounds like a good investigation starting point.
paleotn
(17,912 posts)depending on how much profit Gaetz's PR firm got out of the $250K billed. At least he recouped that + half of the paltry $59K take. Both seem to be out tons of cash, but Green is most definitely out the full $150K she "invested" less half the $59K take. Hey! Not all grifts pay off. That's just part of the game I guess.
niyad
(113,278 posts)tanyev
(42,552 posts)keithbvadu2
(36,785 posts)Maybe they actually made tons of money but Ivanka and the boys are handling the money.
3Hotdogs
(12,374 posts)That is a shame. After all the work they are putting into this and this is the tanks they get?
lark
(23,097 posts)These goons so deserve each other.
Tiger8
(432 posts)It boggles my mind to think people exist who would give money to those two grifters.
Evolve Dammit
(16,725 posts)MrModerate
(9,753 posts)lagomorph777
(30,613 posts)Why, they are the very embodiment of Reptilian values! I am shocked that Reptilians aren't lined up for blocks to buy tickets!
Hugin
(33,135 posts)What do I know?
IronLionZion
(45,433 posts)or some way to get money to pay their legal fees or funnel it to personal accounts.
Blue Owl
(50,355 posts)Those two can crash and burn for all I care...