GOP Cleveland organizers beg Adelson for $6 million

[Night Watchman]

Source: Politico

By Alex Isenstadt and Shane Goldmacher
07/14/16
7:02 PM EDT

CLEVELAND – Millions of dollars short and running out of time, organizers of the Republican National Convention have written an urgent request for $6 million to Las Vegas billionaire couple Sheldon and Miriam Adelson to cover the bills for next week’s festivities.

In a letter addressed to the Adelsons, obtained by POLITICO, the Cleveland 2016 Host Committee revealed the names of more than two dozen prominent corporations and individuals who have reneged on a collective $8.1 million in pledged donations.

The letter represents the most public acknowledgement to date that Donald Trump has directly cost convention organizers millions of fundraising dollars.

“Over the past couple months, negative publicity around our potential nominee resulted in a considerable number of pledges backing out from their commitments,” the letter says.

It goes on to list the companies and wealthy individuals who have withdrawn their financial commitments. Among those who have canceled their donations, according to the letter, are David Koch ($1 million), FedEx ($500,000), Visa ($100,000) and both Pepsi ($500,000) and Coca-Cola ($1 million).



Read more: http://www.politico.com/story/2016/07/rnc-begs-adelson-for-6-million-to-cover-convention-shortfall-225571

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Real headline: Anti-Welfare Party Asks For Handout

[forest444]

1. "Sure!" said Sheldon.

"Just let me run it by the Sinaloa Cartel first, ok?"

[groundloop]

2. Why not tRump, that should be chump change for him?

Oh, wait..... if he puts money INTO his candidacy then that means he's not profiting from it?

Never mind.

[cstanleytech]

3. Ya but if you were Donald Trump would you invest in Donald Trump? I know I wouldnt.

[tblue37]

9. You know that $50 million his campaign claims to have raised in

June? Wanna bet he is counting the nearly $50 million he lent the campaign, because he converted the loan into a gift in June. I bet the campaign itself, like the RNC convention committee, is running close to the end of its funds.

[Crash2Parties]

31. Yes but he got it all back when he hired his own companies.

There's something really odd about the round-robin he is playing with money between his campaign and corporations...

[tblue37]

33. But do you think that the $50 million he claims to have raised for his campaign

in June might just be that money he put into the campaign? IOW, he claims that donors are stepping up to the plate, but are they really?

[calimary]

18. Keep in mind, that event he was going to hold at his Trump Tower in Manhattan tomorrow

to introduce his new running mate (which he canceled because of the terrorist strike in Nice, France), HE WOULD HAVE PAID HIMSELF FOR IT. He would have "rented out" his lobby for the event, and charged his campaign a pretty penny. Hundreds of thousands of pretty pennies, actually. The price tag for these things, as we've seen, run into the middle-to-high five figures - at least. "Creative accounting" is certainly his friend. No wonder we haven't seen a single tax return yet.

[Iliyah]

4. I do not believe this.

[yardwork]

7. It's almost unbelievable. What a fiasco.

[Bernardo de La Paz]

5. Starting in January the RNC swore up and down it wouldn't need handouts for the convention. . . nt

[fantase56]

6. Well I can't wait.....

[niyad]

8. well, between the lack of funds, and the newly-passed transgender law in cleveland,

this ought to be fun.

http://www.democraticunderground.com/12512255750

[redwitch]

10. Ha! Follow the LACK of money.

[greymattermom]

11. Donald will do what he always does

stiff the contractors. Caterers of Cleveland, be sure to ask for the money before you deliver the goods.

[Night Watchman]

13. In Cash

Then run said cash by the Bureau to make sure Donnie didn't print it himself.

[George II]

12. Who has more money, Adelson or Trump?

[Chakab]

15. Adelson. No contest.

Even if Trump were actually worth what he claims, he wouldn't be anywhere near Adelson.

[calimary]

21. And it's a very pleasant comfort to think about all the extra checks he'll have to write.

I like seeing the super rich get soaked.

[Chakab]

23. That's the thing though. Adelson is worth upwards of $30 billion, and he doesn't mind throwing his

cash around in the political sphere.

The amount of money that they're asking for is a drop in the bucket for him.

Keep in mind that he's in the casino business, so unlike a lot of the elites who are only hideously wealthy on paper, he has access to vast amounts of liquid capital.

[Night Watchman]

32. Yes

Remember all the money that was spent to keep Obama from reelection?

[Lochloosa]

41. One billion is a thousand one millions. He has 30 of those.

He can take a lot of soaking.

[calimary]

42. Oh, no doubt! I do know that he's drowning in money.

But I also know people like him hate to spend money. Every extra check is something he can easily write but he'll grimace and kvetch and drag his heels as long as he can. After all, that big a pile of money draws VERY serious interest. That's why the Koch brothers haven't just jumped in and splurged. They had to spend money. And hell, they each are way richer than Shel Adelson. They can afford to WASTE money. Seriously, from where you and I stand, what's a few million dollars' loss when you have 30 Billion? Adelson dumped a series of ten-million-dollar checks on newt gingrich last time around. Well, these guys care a lot about that. Their money can make them a king's ransom in interest if they just keep most of it invested. Imagine even a 5% return on even half of that?

So every time one of these guys has to get the checkbook out again, groaning all the way, I just get a little grin on my face.

Hell, it's really the only sweet revenge I can get!

[Lochloosa]

43. Lol. I get it.

[TonyPDX]

14. GOP-- Why are your doing this to yourselves?

Right about now they're saying, 'This place hasn't been the same since the teabaggers moved in."

[Still In Wisconsin]

19. That's it, too.

Lots and lots of old-school Republicans hate the teabaggers. They were still more than willing to use them to gain majorities in congress, but now they are being hoisted upon their own petard.

[Night Watchman]

36. Yea Verily,

the Beast escaped its cage, and now dines on the flesh of those who thought themselves its Masters.

[NBachers]

16. I'd hate to be a vendor at this disaster. They'll never get paid.

[SCVDem]

17. Self Funding My Ass!

What language does tRump speak besides BULLSHIT!

Let them die on their vine of hate and division!

[Feeling the Bern]

20. My sympathy violin is the world's smallest and woefully out of tune. Maybe I should just start

playing and try not to laugh.

Next week is going to be the best entertainment television has had to offer in a long, long time.

[Mendocino]

24. Donald is using this violin

{o)=+

And he has really small hands to play it.

[tblue37]

34. Is this it?

Here is a violinist to help you play it:




This kitty plays the air violin, but since he is a cat, it is a pretty small air violin:

?no-auto

[Feeling the Bern]

37. lol. Look like the right one. But mine is in shitty shape, which adds to the out of tune.

[Night Watchman]

38. That Kitty ROCKS, Baby!

I'm definitely a cat guy, while my wife is a dog gal. But we have 2 cats and only 1 dog so I WIN!

[PatSeg]

22. I was wondering how on earth

they were going to pay for this circus. What a total disaster.

[cbdo2007]

25. They should ask Fox, CNN, ABC, CBS, NBC, etc....

They are the only ones who will be benefitting from this train wreck because that's all anyone I know is talking about..."what will trump do?"..."what will happen at the convention?"

It's "can't miss" TV and they are running all the way to the bank while our country goes down the shitter.

[63splitwindow]

26. HA HA HA repugnant assholes. nt

[Judi Lynn]

27. Couldn't be funnier! Have never seen Republicans farther up #### Creek. n/t

[Mendocino]

28. It's time to put an end

to political conventions. In 2012 the taxpayers alone paid $136 million for these political carnivals. Who knows how much more is spent by each party.

When was the last time a convention accomplished anything that wasn't already decided by that other sideshow, the primaries? It would seem to me, the cities of Cleveland and Philadelphia have better things to do with their limited resources. As for a boost for the local economies, is it really worth it?

End of rant!

[Judi Lynn]

29. True! Thanks. n/t

[Bernardo de La Paz]

30. Evangelicals are backing two people who made their money from GAMBLING. . . . nt

[Sunlei]

35. Not even ready with 3 days to go. Republicans can't even organize their own primary convention.

A national security nightmare, built by the Republican Party- broadcast live around the world.

[Hoppy]

39. Adelson gotta understand, them helium ballons cost a lot of $$$.

[ThoughtCriminal]

40. They lost Pepsi AND Coca-Cola?

Delegates, get used to the bitter after-taste of generic "Sam's Choice Cola"!