2016 Postmortem
Related: About this forumYep, Definitely a Billionaire
ByJosh MarshallPublishedJune 21, 2016, 9:59 PM EDT
Donald Trump tonight sent out what he describes as "the first fundraising email I have ever sent on behalf of my campaign." And he's going to make sure it's historic by "by personally matching every dollar that comes in WITHIN THE NEXT 48 HOURS, up to $2 million!"
You got that right, Trump is willing to put as much as $2 million of his own money into his campaign (though no word whether this is a contribution or a loan). Email after the jump.
http://talkingpointsmemo.com/edblog/yep-definitely-a-billionaire
doc03
(35,324 posts)The_Casual_Observer
(27,742 posts)Coming up with this "strategy". These people "own" a lot of real estate that is highly leveraged held by banks and investors. They don't have the cash to be doing any of this shit.
csziggy
(34,135 posts)Yes, he put up the money for his primary run - as LOANS to the campaign. Plus much of the money was spent at venues owned by Trump companies. I think they said he even charged his campaign for use of his jet.
I'm pretty sure this was on MSNBC, maybe on Lawrence O'Donnell but I have no link for today's coverage.
Here is an older article about this:
by Ari Melber
May 13 2016, 8:06 am ET
<SNIP>
After this article was published Friday, Trump said he is ruling out the possibility, telling MSNBC, "I have absolutely no intention of paying myself back for the nearly $50 million dollars I have loaned to the campaign." Trump's estimate appears to include additional money he loaned the campaign that has yet to be filed with the FEC, and he told MNSBC all of the loans are "a contribution made in order to 'Make America Great Again.'"
The Trump campaign has not actually converted the loans into a contribution, according to the FEC. After this article was published Friday, aides told msnbc they expect to make that formal change "in the near future."
Legally, Trump has the option of recouping any or all of the money he spent on the primaries.
<SNIP>
The rest of his personal spending is structured as a loan to the campaign, which now owes Trump $35.9 million.
More: http://www.nbcnews.com/politics/2016-election/trump-campaign-may-use-new-donations-pay-donald-trump-36-n573291