Donald Trump's campaign has alerted Senate Republicans that he won't have much money to spend fending off attacks from Hillary Clinton over the next couple months.Trump's M.O. in his business dealings has been to start a project rolling, then bring in outside investors, cash out, and stick them with the bill.
The notice came when Paul Manafort, Trump's senior advisor, met with a group of Senate Republican chiefs of staff for lunch last week, sources familiar with the meeting told the Washington Examiner. The admission suggests that Trump will be far more dependent on the GOP brass for money than he has led voters to believe, but it's consistent with his reliance on the Republican National Committee to provide a ground game in battleground states.
Most of the money he's put into the campaign has been structured as loans. The donors will fund his campaign, Trump will get his money back and his donors will end up with nothing.
But, since they're all wealthy Republicans, fuck them if they're that stupid.
In this age of Citizens United where the deep pockets can spend all they like on political campaigns, it amuses me to see them suffer a terrible Return on Investment rate (ROI) when they get between ONE PERCENT to FIVE PERCENT returns on the amount of money they put into these things.
ReplyDeleteThere's no regulation on the costs of a political campaign. These "advisors" and consultants and campaign managers can rake in millions in salaries and fees, and do the bare minimum to campaign and then just hope to luck for poor turnout and a 51-49 narrow victory (say hello to Karl Rove's modus operandi).
No wonder Trump jumped in. It's the biggest shell game in town.