Do you know anyone who might have donated to the “Donald J. Trump Election Defense Fund“?
Well, it probably won’t make any difference, but you might want to have a talk with him or her about the contents contained herein.
As Donald Trump has demonstrated day after day the past four years, nothing he does comes without a cost benefit to himself.
He spent his life bilking investors, contractors, and tenants.
Then he decided to try his luck in “reality TV“.
When that started going south, he embarked on the biggest publicity stunt of all–running for the nation’s highest office.
So it’s only natural now he’s lost re-election, he is trying to squeeze as much money as he can from his tenacious supporters before moving onto his next scam, possibly his own television network.
Perhaps, though, he doesn’t need to venture off into other territory since the Supreme Court has decided politics is a wealthy man’s best investment.
So long as he stays out of prison, Trump could literally make a career of living off supporters’ largesse.
Hence the “Official Election Defense Fund” inviting supporters to sign up for recurring donations to “protect the results and keep fighting even after Election Day.”
How many of those supporters are bothering to scroll down to the fine print, though?
Unless someone gives more than $8,333, 60 percent of one’s donation used to go toward Trump’s new “Save America” political action committee (PAC), which can be used as a piggy bank for basically anything from donating to other candidates and PACs to paying off debts, of which Trump has $900 million coming due in the next couple of years.
40 percent of a donation used to go to the Republican National Committee (RNC), which can, but is not obligated to, pay for vote re-counts.
Today, though, the figures have changed.
As the “Trump Make America Great Again Committee (‘TMAGAC’) website states:
“Contributions to TMAGAC made by an Individual/Federal Multicandidate Political Committee will be allocated according to the following formula:
“75% of each contribution first to Save America, up to $5,000/$5,000, then to DJTP’s Recount Account, up to a maximum of $2,800/$5,000.
“25% of each contribution to the RNC’s Operating account, up to a maximum of $35,500/$15,000.”
Not one cent goes to the so-called “legal defense fund.”
The Associated Press reports:
“Like many hallmarks of the Trump presidency, the messages contained all-caps lettering and blatant mistruths about voter fraud during the November 3 election. They also mislead supporters about where the money would go…The unusual way the Trump campaign is divvying up the contributions has drawn scrutiny from election watchdogs, who say Trump and his family are poised to financially benefit from the arrangement.”
Former Labor Secretary Robert Reich explains:
“Trump certainly wants to keep the money flowing, and a leadership PAC is an easy way to do it. Trump’s PAC can be used to fund a lavish post-presidency lifestyle, as leadership PACs can use donors’ funds for personal expenses, like personal travel and events at Trump properties, while campaign committees cannot.”
There’s something else for which Trump can use the money.
Running for president again in four years.
He’s already talking about it.
Donald Trump may be a terrible businessman.
He may be a terrible president.
One thing he’s good at, though, is conning the pants off people and riding off with their money into the sunset.
Many who might be struggling to put food on the table, have lost their jobs, are swimming in debt, are dipping into their bank accounts because the grifter-in-chief has convinced them he “won the election,” and they are integral to his eventual triumph over the “liberal- elite-radical-left-socialist-deep-state-fake-news-establishment” conspiring to take him down.
Wake someone up before he’s made off with everything he can steal.
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