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Sun Aug 21, 2016, 04:14 AM

 

Trump's fundraising boasting as hollow as he is- Filed with the FEC yesterday evening

Last edited Sun Aug 21, 2016, 10:05 AM - Edit history (1)

The details are quite interesting.

By Isaac Arnsdorf
| 08/21/16 01:17 AM EDT


Trump paid dearly to boost fundraising

The Donald Trump campaign's boasts of a formidable fundraising month in July spooked Democrats who feared their financial advantage could be slipping.

But a closer inspection of the campaign finance report filed just before Saturday's midnight deadline indicates the haul came at a steep price, and the campaign was still not dedicating resources to catching up on building the staff and field organization that all previous presidential efforts have required.

Though the campaign touted an $80 million figure for its July fundraising, just $36.7 million of that total went directly to the campaign. The rest came in through joint fundraising vehicles with the Republican National Committee and state parties. But at least $9.5 million of that money is off limits for spending on the election because it's designated for the RNC's convention, headquarters and legal accounts. Plus, the RNC is considering spending its money down-ballot instead of supporting Trump as tensions boil over between the party's apparatus and its defiant nominee.

The money that the Trump campaign raised also didn't come cheap. The campaign more than doubled its spending from the previous month to $18.5 million in July, far more than in any other period of the campaign. But most of that money went toward expanding the campaign's online fundraising operation.

A full 45 percent, or $8.4 million, went to Giles-Parscale, the San Antonio-based digital marketing firm that has done Trump's online advertising. (The company had never worked for a campaign before 2016.) The campaign also paid $100,000 to the Prosper Group for fundraising consulting.

Meanwhile, spending on the 84-person staff and field organizing barely increased from the previous month, to just $392,000 and $432,000, respectively. The campaign dropped much more $1.8 million on hats and other merchandise.

<snip, and what the hell is THIS?>

The filing did list a $1,713.40 "contribution refund" to Manafort, who did not take a salary for his work on Trump's behalf.

The consulting firm of ousted campaign manager Corey Lewandowski also continued to receive $20,000 from the Trump campaign in July, despite his firing in June and new position as a CNN commentator.


Read more: http://www.politico.com/story/2016/08/trump-paid-dearly-to-boost-fundraising-227236#ixzz4Hx6PHSRx
Follow us: @politico on Twitter | Politico on Facebook


I'm not saying it's chickenfeed, but he lags well behind Clinton and his expenditures make no sense, not to mention that Lewandowski business. And he spent over 4x on hats and other junk than salaries for staffers. Clinton spent over 2 million on salaries.


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Reply Trump's fundraising boasting as hollow as he is- Filed with the FEC yesterday evening (Original post)
cali Aug 2016 OP
TeamPooka Aug 2016 #1
vinny9698 Aug 2016 #2
cali Aug 2016 #3
Cooley Hurd Aug 2016 #6
cali Aug 2016 #8
winstars Aug 2016 #4
duncang Aug 2016 #5
winstars Aug 2016 #12
Democat Aug 2016 #7
randome Aug 2016 #9
cali Aug 2016 #10
Hav Aug 2016 #11
randome Aug 2016 #16
KewlKat Aug 2016 #13
Fast Walker 52 Aug 2016 #14
duncang Aug 2016 #15
tblue37 Aug 2016 #17
mopinko Aug 2016 #18
SwankyXomb Aug 2016 #19
winstars Aug 2016 #20
geek tragedy Aug 2016 #21

Response to cali (Original post)

Sun Aug 21, 2016, 04:21 AM

1. He's betting it all on celebrity and free media. nt

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Response to cali (Original post)

Sun Aug 21, 2016, 04:23 AM

2. Got to give credit, Trump is running his biggest scam yet.

Just look at the July report. Trump paid his own web design company half of the spending. Gotta love the scam, folks, Making bank..
No ground game spending, high salaries to his cronies,
The man is collecting money but no advertising, got to ask where is the money going.
Salaries, and to his own companies.

Instead, about half of the campaign's $18.5 million in spending was
vacuumed up by Giles-Parscale, a web design and marketing firm new to
national politics, Federal Election Commission filings show. It's a
crossover vendor from Trump's real estate organization.

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Response to vinny9698 (Reply #2)

Sun Aug 21, 2016, 04:48 AM

3. I just don't understand the 1.7 million to Manafort

 

And I think CNN is reprehensible for hiring Lewandowski as a commentator when he is still on Trump's payroll.

But yeah, what a scam.

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Response to cali (Reply #3)

Sun Aug 21, 2016, 06:52 AM

6. Isn't it $1713 to Manafort, not $1.7 mil?

 

Regardless, why a donation of $1713 from Manafort? Guessing he had to pay for something for the campaign out-of-pocket?

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Response to Cooley Hurd (Reply #6)

Sun Aug 21, 2016, 07:10 AM

8. You are absolutely right. I read that wrong.

 

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Response to vinny9698 (Reply #2)

Sun Aug 21, 2016, 05:00 AM

4. Is there a link to the FEC page(s) of his expenditures??? I can't seem to find it...

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Response to winstars (Reply #4)

Sun Aug 21, 2016, 06:25 AM

5. Haven't gone through this yet

But I think this is it. Closest thing I can get to is here.

http://www.fec.gov/fecviewer/CandidateCommitteeDetail.do?tabIndex=1&candidateCommitteeId=P80001571


Something is really strange. I clicked on expenditures. Then clicked on by date column since it starts out when he first started his run. The last date was 11/22/2016 to doubletree for lodging. Also there are no listings for July. This only goes to June 30, 2016.

May update tomorrow or Monday.

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Response to duncang (Reply #5)

Sun Aug 21, 2016, 07:45 AM

12. But some news stories refer to individual disbursements, I see what you stated above but...

The is something we aren't reading correctly. In one of the stories I read earlier, the writer HAD to be looking at what we are not seeing...

Like you said, maybe later it will be clear to us...

Meanwhile, fucking $8,000,000 to their online funding people, nice!!!

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Response to cali (Original post)

Sun Aug 21, 2016, 06:56 AM

7. Creative accounting is what Republicans do

That's how Reagan screwed the American economy.

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Response to cali (Original post)

Sun Aug 21, 2016, 07:21 AM

9. So who runs Giles-Parscale? Meredith McIver?

 


[hr][font color="blue"][center]I'm always right. When I'm wrong I admit it.
So then I'm right about being wrong.
[/center][/font][hr]

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Response to randome (Reply #9)

Sun Aug 21, 2016, 07:23 AM

10. She's everywhere!

 

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Response to randome (Reply #9)

Sun Aug 21, 2016, 07:43 AM

11. You are not that far off.

It's a company that is tied to his businesses. So yet again, Don the Con is making sure that campaign donations are used for his own financial interests.

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Response to Hav (Reply #11)

Sun Aug 21, 2016, 08:47 AM

16. Figures. And Reince Priebus is so weak, all he can do is wait for Trump to go away.

 

I think to some measure the GOP isn't being trashed by Trump, it's more like they are committing suicide. In some dark recess of their collective reptilian brain stem, they know this is how it ends.
[hr][font color="blue"][center]I'm always right. When I'm wrong I admit it.
So then I'm right about being wrong.
[/center][/font][hr]

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Response to cali (Original post)

Sun Aug 21, 2016, 08:12 AM

13. Is there any documentation that the Con forgave his loan of 50M to the campaign?

or is there still a chance he'll pay himself back on the loan from the primary days.

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Response to cali (Original post)

Sun Aug 21, 2016, 08:18 AM

14. spending more on hats than on actual campaign organizers, pretty much says it all

 

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Response to cali (Original post)

Sun Aug 21, 2016, 08:43 AM

15. The fec link I posted above

is just for dipshit's total campaign since it started. This should show the month when it is updated. Even the Clinton amounts are not fully posted.

http://docquery.fec.gov/pres/2016/M8/

A few more links for dipshit's filing.

http://www.fec.gov/fecviewer/CandidateCommitteeDetail.do?candidateCommitteeId=C00580100&tabIndex=3

The complete to June dipshit filings

http://www.fec.gov/fecviewer/CandidateCommitteeDetail.do?tabIndex=1&candidateCommitteeId=P80001571

One of the things I noticed is dipshit did 2 more loans of about 1.7 mill to his campaign. If he is going to forgive the campaign loan he put in to begin with why is he making more loans. Unless he is going to take the money back?

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Response to cali (Original post)

Sun Aug 21, 2016, 09:44 AM

17. Trump must be making money off the campaign merchandise, since he is willing to

invest there:

The campaign dropped much more $1.8 million on hats and other merchandise.

Also, unless the passage quoted has a typo, that is $1.7 thousand, not $1.7 million.

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Response to tblue37 (Reply #17)

Sun Aug 21, 2016, 10:26 AM

18. he's probably charging himself a branding fee.

 

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Response to mopinko (Reply #18)

Sun Aug 21, 2016, 12:49 PM

19. Well a huge chunk of his so-called wealth

is his valuation of the Trump brand.

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Response to tblue37 (Reply #17)

Sun Aug 21, 2016, 03:03 PM

20. According to the FEC filings above, he is still getting a weekly salary from....himself!!!

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Response to cali (Original post)

Sun Aug 21, 2016, 03:14 PM

21. all of his money is going to online ads that ask people to raise money

 

so much for that small donor juggernaut

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