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calguy

(5,325 posts)
Tue Aug 1, 2023, 05:07 PM Aug 2023

Trump's indictments are having diminishing returns for his political fundraising

Donald Trump’s legal troubles have created windfalls for his political fundraising in the past. And his team has not been shy about using various investigations, indictments and court appearances to turbocharge his donor base.

But new data filed with the Federal Election Commission by WinRed, the premiere GOP donation processor used by Trump and most other Republican candidates, shows that trend may be ebbing.

The former president’s fundraising did not spike as high after his second indictment in June compared to his first one in the spring.

All told, Trump raised nearly $4 million via WinRed from nearly 80,000 distinct donors April 4, the day he pleaded not guilty in a Manhattan court on charges of falsification of business records related to payouts to porn star Stormy Daniels. It was his best online fundraising day of the year.

By contrast, when Trump appeared in Miami court June 13 to plead not guilty to his second indictment on charges related to classified documents found at his Mar-a-Lago, he raised only $1.3 million from just over 35,0000 donors, according to WinRed data.

Trump’s joint fundraising committee is outperforming his rivals among small-dollar donors. But the new data is a warning sign that further legal jeopardy for Trump may not be the fundraising savior it once was as his committees burn through cash.

More at link:
https://www.politico.com/news/2023/08/01/trump-indictments-political-fundraising-00109192

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Trump's indictments are having diminishing returns for his political fundraising (Original Post) calguy Aug 2023 OP
Big GOP donors don't see a chance for a return on their investment. Midnight Writer Aug 2023 #1
I think all of the Mango Mussolini cult members.. Permanut Aug 2023 #2
He can go to that well only so many times. Ocelot II Aug 2023 #3
There is a silver lining to this ...republican coffers all over the country are very low on cash PortTack Aug 2023 #4

Midnight Writer

(21,795 posts)
1. Big GOP donors don't see a chance for a return on their investment.
Tue Aug 1, 2023, 05:15 PM
Aug 2023

But the little people will still sacrifice their own well-being for Trump's benefit, but even they will be bled dry eventually.

Permanut

(5,637 posts)
2. I think all of the Mango Mussolini cult members..
Tue Aug 1, 2023, 05:47 PM
Aug 2023

should sell everything they own, borrow every penny they can borrow, and send all of the proceeds to their Dear and Glorious, Maximum Exalted, High and Mystic Ruler. Just to show their total support. Every penny

Just my opinion.

Ocelot II

(115,836 posts)
3. He can go to that well only so many times.
Tue Aug 1, 2023, 11:14 PM
Aug 2023

The big donors are pulling back and the MAGAts will be tapped out before long.

PortTack

(32,793 posts)
4. There is a silver lining to this ...republican coffers all over the country are very low on cash
Wed Aug 2, 2023, 03:38 AM
Aug 2023

MI gqp has something like $53…AZ less than 10 months ago had 700k, now only around 50k. Elections take money, time is running out for them. money flowing in his direction isn’t helping the gqp get elected. Just one more reason to think this coming election is going to be a blood bath for them.

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