Cash-strapped Trump campaign awaits a bailout from big donors
Source: Politico
Republican Party megadonors are racing to bail out President Donald Trumps cash-strapped reelection campaign, with a newly formed super PAC pouring a further$25 million into battleground states.
Preserve America is set to begin running a trio of TV commercials savaging Democrat Joe Biden as Republicans express growing alarm over the presidents absence from the airwaves. Trump who went dark for part of August and has since cancelled advertising in key states is being outspent more than 2-to-1 by Biden this week, according to the media tracking firm Advertising Analytics.
The outside group, which is expected to draw funding from prolific GOP givers including Las Vegas casino mogul Sheldon Adelson and Home Depot co-founder Bernie Marcus, is rushing to fill the void. Starting late this week, the super PAC will begin airing ads in seven states, including some where Trump is being badly outspent.
Read more: https://www.politico.com/news/2020/09/17/gop-donors-rush-to-rescue-trump-417364
Boycott Home Depot!
Boycott Home Depot!
Boycott Home Depot!
thenelm1
(852 posts)'Fools and their money are soon parted.' If only.
EarlG
(21,942 posts)Doesn't sound like much of a bailout. I just read Bloomberg is spending $100 million on pro-Biden ads in Florida alone.
Phoenix61
(17,000 posts)is not very impressive. Seems like a press release.
Jirel
(2,017 posts)What happened to self sufficiency? Hard work? They shouldnt be looking for handouts! Besides, isnt Dumpy so rich? Hes a billionaire, dontcha know! He should be like Bloomberg and just sink a bil or two into his campaign!
I like candidates who dont go broke.
BlueWavePsych
(2,635 posts)DENVERPOPS
(8,806 posts)of Trump stating he was a billionaire and would simply finance his own campaign, without any donors......
Trump is probably asking the uber rich donors to make the checks out to Jared and Ivanka and he will take it from there......
ashredux
(2,603 posts)oldsoftie
(12,527 posts)House of Roberts
(5,168 posts)by betting on losers.
klook
(12,154 posts)This may be the last few weeks for the Trump circus to bilk the marks.
Warpy
(111,237 posts)I have to wonder just who is going to be stupid enough to enrich his campaign staff even more for such poor performance.
Oh, I think he'll get token amounts, maybe half a million here, quarter of a million there. It won't be what he's used to or what he thinks is his due as the savior of the plutocracy.
Shoot, the RNC called me yesterday. To my credit, I didn't give a Bronx cheer or burp and just told the kid on the line to go away. If they're calling registered Democrats, they're desperate.
DENVERPOPS
(8,806 posts)promoted a con job about Trump supposedly having spent all their campaign money already. I suspected it was a scam from the start.
There are many Republican Donors who have already abandoned their financial support of Trump, so he is coercing them all saying "I don't have any money to challenge Biden". He is purely and simply manipulating the Republican donors into sending him money.
It's simply extortion from a master con man and grifter.......
SergeStorms
(19,192 posts)"the checks in the mail, Donny. The Post Office should get it to you...........sometime."
Roy Rolling
(6,911 posts)They only supported Trump out of selfishness. Now that Trump seems like money wasted, they wont write checks for a loser.
The campaign thinks it can separate itself from the candidate, but giving charity to a rich person is a sin, or whatever you want to call it. Its wrong.
As for business-types, its just bad business to spend good money after bad.
bucolic_frolic
(43,123 posts)Goya stuff is just sitting on the shelves. They always occupied a premium spot and a premium over other brands. In my regional supermarket, Goya is just sitting there. No one touches it. In Walmart, same, except in an attempt to move it they've discounted some Goya products on an end-of-aisle rack. Not much action there either, but understand I go to Walmart mornings, mid-week.
So if consumers can do it to Goya, why not Home Depot?
dreamland
(964 posts)Didn't get get stimulus money?
Hugin
(33,112 posts)Y'know a little somethin' somethin' for the wanna-be Don to get a taste.
eppur_se_muova
(36,257 posts)EndlessWire
(6,508 posts)to hide his tracks. I'm guessing he'll use the $13B appropriated for PR to pay back the campaign loans. Our money...
EarthFirst
(2,900 posts)Suddenly Trump is awash in millions of campaign contributions.
BlueWavePsych
(2,635 posts)more money will flow into Blue downvote coffers.
Statistical
(19,264 posts)throw down a couple hundred million easy right?