Trump raises $495 million since mid-October, including a massive haul fueled by misleading appeals a

[brooklynite]

Source: Washington Post

President Trump has raised $495 million since mid-October, with $207.5 million of it pouring in after Election Day — an extraordinary haul resulting from Trump’s post-election fundraising effort using a blizzard of misleading appeals about the integrity of the vote.

The sum raised since Oct. 15 far exceeds fundraising records set by the Trump operation in roughly comparable time periods at the height of the 2020 presidential campaign and is an unusually large amount to raise after the election.

That means between Oct. 15 and Nov. 23, Trump raised an average of nearly $13 million per day — a massive amount fueled by a deluge of email and text fundraising appeals sent out by the Trump Make America Great Again Committee, a joint fundraising committee that raises money for the president’s campaign, the Republican Party and Trump’s new leadership PAC, Save America.

Read more: https://www.washingtonpost.com/politics/trump-fundraising/2020/12/03/3aa1091a-35b6-11eb-8d38-6aea1adb3839_story.html

[Bleacher Creature]

1. Grifters gotta grift. NT

[onecaliberal]

2. A fool and their money soon will be parted.

[AZ8theist]

13. Exactly.

Fucking rubes don't even realize this goes right into Doturds pocket.

What a bunch of morons...

[Pobeka]

3. The good news is Trump is so in debt most of that $$ won't be spent on political campaigning.

Putin wants his money back from his loser apprentice.

[mr_lebowski]

4. There really should be some kind of law against this crap ...

Make all campaigns legally liable for any demonstrably false or misleading statements in any fundraising literature.

[BigmanPigman]

5. Another reason for his 45 min rant of Fakebook yesterday.

We will be seeing and hearing from him until the day he dies...he lives for money and his ego.

[Lock him up.]

6. Until that day, or until the day he is escorted to his long deserved jail cell.

State prison, Federal prison, any prison.

[Cha]

7. And, All that SHIT $$$$$$ Did

NOT help him WIN!

[Starfury]

8. No chump like a #trumpchump...

25-40% of that money goes to the RNC. Most of the rest just goes to trump in ways that have few or no legal restrictions...

From the Washington Post: Trump raises more than $170 million appealing on false election claims:

According to the fine print in the latest fundraising appeals, 75 percent of each contribution to the joint fundraising committee would first go toward the Save America leadership PAC and the rest would be shared with the party committee to help with the party’s operating expenses. This effectively means that the vast majority of low-dollar donations under the agreement would go toward financing the president’s new leadership PAC, instead of buttressing efforts to support the party or to finance voting lawsuits.

“Small donors who give to Trump thinking they are financing an ‘official election defense fund’ are in fact helping pay down the Trump campaign’s debt or funding his post-presidential political operation,” said Brendan Fischer, who directs federal regulatory work at the Campaign Legal Center, which supports greater restrictions on money in politics. “The average donor who gives in response to Trump’s appeal for funds to ‘stop the fraud’ likely doesn’t realize that their money is actually retiring Trump’s debt or funding his leadership PAC.”

(...)

But beyond that, there are no restrictions on how the official can spend leadership PAC money, said Kate Belinski, a campaign finance legal expert who formerly served as a lawyer at the FEC’s Enforcement Division.

“There’s not really a legal mechanism that would prevent somebody from enriching themselves with the contributions that they receive into their leadership PAC in the same way that personal-use restrictions would prohibit that for a campaign committee,” she said.

[olddad65]

9. Gotta keep fleecing the sheep. That all he knows how to do.

[mdbl]

10. So collecting money by fraudulent means is not a crime anymore?

He's lying to the suckers. I guess that's ok now in repuglicanland.

[Warren_Pointe]

11. Sounds like he can make that loan payment now.

[Gothmog]

12. Trump supporters are idiots

[keithbvadu2]

14. No wonder televangelists adore him. They are jealous.

No wonder televangelists adore him. They are jealous.