20% of Donald Trump’s campaign spending goes to Trump businesses, filing says

[RogueTrooper]

Source: Market Watch

Donald Trump’s campaign is almost broke, and is paying an unusual amount of money to Trump-owned businesses. That’s according to the presumptive Republican presidential nominee’s FEC filing, details of which were released Monday night.

The report provided a number of rather shocking facts, including that his campaign raised just $3.1 million in May compared to Democratic rival Hillary Clinton’s $27 million.

In comparison, Mitt Romney’s campaign raised $86.5 million in May during the 2012 presidential race. And on Monday night alone, Clinton raised about $1.6 million at a celebrity-studded fundraiser in New York City.

Another eyebrow-raising tidbit: Of the $6.7 million the Trump campaign spent in May, nearly 20% went to Trump-owned businesses or family members.


Read more: http://www.marketwatch.com/story/20-of-donald-trumps-campaign-spending-goes-to-trump-businesses-filing-says-2016-06-21

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[Gothmog]

1. If elected, trump will use the office of POTUS to favor his businness interests

Trump is not an honorable man

[OnDoutside]

33. Really unflattering photo of him though !

?uuid=245c525a-2ceb-11e6-8b24-0015c588dfa6

[snooper2]

38. No shit, I was going to post that LOL- I clicked the article and was eww a sweaty Drumpf

With that little baby hand in the background

[anigbrowl]

40. OMG why are you even worrying about this

That is the last thing I give a shit about if Trump becomes President. I'm worried about him detaining millions of people, starting wars, not leaving office, and things like that.

The notion that he wants to become President in order to make money is absurdly small-minded. He already has lots of money and could spend the rest of his life snorting coke and cavorting with hookers without doing his bank balance any serious damage. It's not at all odd that someone with a business empire would leverage that to run his campaign; not because he make a bunch of extra money by doing so (recall that he's loaning his personal money to the campaign) but because it saves him a lot of time, administration, and worry to just reallocate his resources instead of negotiating with outside vendors.

He's not chasing the presidency to get money, he already knows how to make and spend money with ease. He's chasing it because the presidency offers things that money can't simply buy, ie power.

[Raine1967]

2. the article also indicates that he's drawing a salary.

Furthermore, the filing suggests that Trump himself is drawing a salary from the campaign, which would be highly unusual.

[underpants]

11. This looks like he is jus t moving money into his business accounts and then his pocket

Not exactly laundering but once it moves to, let's say, the golf entities it does go into a wash. What all the golf? Maybe he had events there. Not big money but then it could go into his golf operating and in the wash goes to something else entirely.

[Raine1967]

17. It's the art of the Steal.

he's a real con man.

[anigbrowl]

41. No it doesn't

This just looks like normal accounting in a large business concern to me. It's irrational to think that someone worth hundreds of millions (if not a billionaire as he claims) is trying to make a few thousand here and there by fiddling expenses. Every business person I've ever met keeps track of their operating expenses. Hell, I'm a starving artist with a tiny income and I keep track of my business expenses, so that I don't wind up paying income tax on the money I have to put out on paint, canvas and other materials.

A lot of you guys are thinking 'OMG he's laundering money' because you're poor and the sums involved look like big money to you as a personal individual. But in business terms these sums are just pocket change. So if he pays $35,000 to one of his golf resorts yeah I'm conscious that I could live off that sum for a couple of years, but I'm also conscious that one reception for a couple of hundred people with waiters handing out free food and drink could easily cost that amount. That's about what a large wedding reception costs.

[underpants]

42. True

[RogueTrooper]

12. These must be the new hats he spent all that money on

[Raine1967]

16. ha!

[ProudProgressiveNow]

20. +1 nt

[underpants]

29. Hilarious.

[beachbum bob]

3. lol....trump can't help himself from padding his pockets....at least we know

he is consistent liar and thief

[stonecutter357]

4. wow.

[Maeve]

5. Grifters gotta grift eom

[Bernardo de La Paz]

6. He's paying Hope Hicks only about $5,000 per month

He might be giving her a free apartment, like he gave Lewandowski, but still, that's not very much for the sole person running communications for a national campaign!

Might be less, if the "in-kind" is compensation for apartment rent, effectively coming off the top of her salary.

I wonder what is really going on.

[OnDoutside]

39. It would be nice to find out how much he pays his surrogates !

[Botany]

7. The man has been a con man for his life before his run for POTUS why should that change now?

Check out "the Trump network."

http://www.thedailybeast.com/articles/2016/05/25/inside-donald-trump-s-vitamin-scam.html

Through a multi-level marketing project called The Trump Network, the business mogul encouraged people to take an expensive urine test, which would then be used to personally “tailor” a pricey monthly concoction of vitamins—something a Harvard doctor told The Daily Beast was a straight-up “scam.”

[underpants]

8. Trump Grill $607.59. Man that's one expensive Taco Bowl

[RogueTrooper]

10. I see what you did there...

[Happyhippychick]

14. Yeah but it's the greatest taco bowl on the planet. Everyone loves his taco bowls

[progressoid]

22. Thery're terrific. They're fantastic!

[IronLionZion]

21. He loves Hispanics!

[winstars]

28. The payment to Trump Cafe for $94.61 on the statement above is probably for that Taco Bowl...

IIRC, thats the restaurant in Trump Tower where they are on the menu.

$94.61 Did Corey get one also?

[BumRushDaShow]

9. Biggest Ponzi scheme in Presidential election history!

[HereSince1628]

13. Is he any better about paying the bills that come from his subsidiaries?

I would hope he's ripping off his own companies like he's ripping off everyone else.

[Else You Are Mad]

15. If Trump were really a billionaire...

If Trump is worth 10 Billion (heck even 1 Billion), I would think he would be able to inject a few million to cover the short fall. But, we all know that he isn't worth anywhere near a Billion.

It is amazing that there is no real backlash from his supporters that donated money to his campaign...

[Scientific]

18. Don the Con really has all the Republican moves down pat

What a con man...Out for himself alone. A Republican through and through.

[RoccoR5955]

19. And Clinton's money goes to her businesses?

Makes you wonder. Perhaps they should be publicly funded on BOTH sides.

[bucolic_frolic]

23. A Real Billionaire wouldn't have to do this

He's just about ROC, return on capital

[greymattermom]

24. So all this information is coming to light

to be used in the ads that Hillary has plenty of money to buy. Won't that kill the whole Trump brand? The "kids" must be really worried.

[Gothmog]

25. Trump is this only to benefit trump

[Renew Deal]

26. That's called "Synergy"

[kimbutgar]

27. His brainwashed zombies supporters don't care he is conning them

They want that wall and hate president Obama so much they are willing to be fleeced and lied to. They say they like that the con man is self funding but he's not. Fox will probably not report this and the con will call the media liars. He even might get a bump in the polls his supporters are that stupid.

[PatSeg]

30. True

But we aren't in Primary mode anymore. Those supporters are a very, very small percentage of general election voters. Meanwhile, independents and voters who haven't been paying a lot of attention this past year, will care about stuff like this.

[kimbutgar]

35. Did you see the video of the people in line for his rally in Texas and Arizona

This past weekend? Those people vote and have easy access to polls.

[PatSeg]

36. True

and that is horrifying, but still not enough to win a general. Meanwhile however, I'm not taking anything for granted anymore. No sane person would have ever foreseen Trump as the nominee of a major political party. I'm beginning to realize anything is possible or this is all just a nightmare and I will wake up any minute now!

[Adrahil]

31. And Trump "loaned" his campaign the the funds he supposedly "spent" himself.

So, he can get the rubes to pay him back, if they are stupid enough too.

And if they don't, he can forgive the loans, take them as a write-off and get huge tax break. What a fucking fraud.

And the neck-beards are lapping his shit up.

[yellowcanine]

32. The Trump campaign is just another business deal where investors (doners)

put up the money and Trump walks away with the cash and the investors (marks) are left holding an empty bag.

[L. Coyote]

34. It is a bigger, better, best ever, way better than Ben Carson's ... pyramid scheme

And the pyramid is a pile of money, not hummus.

[Gothmog]

37. Don the Con

[RogueTrooper]

43. I'm just throwing shade

[dembotoz]

44. he is expected to have events at the holiday inn? or motel 6?

maybe tom bodett will leave the light on for him

i see nothing wrong with this