The Trump campaign is already broke.
As of May 31, the Shrillary campaign has $42 million in the bank; Trump’s campaign has $1.3 million. Even the long since suspended Ben Carson campaign has more money on hand.
No wonder Trump calls himself the King of Debt; he will soon be in the red at this rate:
Trump’s campaign spent $6.7 million in May — more than it raised.
Imagine how deep in the hole he would be if he didn’t steadfastly refuse to spend money on anything important:
Trump can’t or won’t spend money on ads, just as he can’t or won’t spend money on staff.
He raised $3.1 million in May. Romney, whom Trump denounces as a “stone cold loser,” raised $78 million in May 2012.
In part this is because Trump has scared off donors:
Like many GOP elected officials, party donors have balked at Trump’s polarizing remarks in the past few weeks, when they hoped he would reorient his message for the general election. They remain put off by Trump’s invective targeting donors and their favored candidates during the primary. And they await any signal from Trump that he will invest substantially in growing his campaign.
You may recall Trump — a donor himself who has given vast amounts of money to left-wing Democrats — inveighing constantly and viciously against donors earlier in the campaign. He told us that everyone who took the donors’ tainted money is corrupt. He would be different; he would fund his own campaign out of his pocket. Appallingly, many people believed him.
Here is something even more appalling. Rather than putting his own money into the campaign, he has been taking money out:
Among some of the more ethically questioned expenditures from the Trump campaign, in addition to paying his Mar-a-Lago Club in Florida a whopping $423,371.70 for the month of May, for “facility rental/catering” fees, as well as paying his private air fleet, Tag Air, Inc., $349,540, is thousands of dollars from the campaign marked “PAYROLL” payable to: Donald J. Trump.
While Trump paying himself, as well as enriching his family via his campaign, may be technically legal, it reeks of questionable ethics.
Further analysis from the recent FEC filing shows payments to Trump entities represented a full 20 percent, one-fifth, of all campaign expenditures.
Why would Donald Trump “loan” his campaign money (he’s actually self-funded very little of his campaign with pure donations), only to pay it right back out to himself, his companies, and his family?
While the Shrillary campaign outspends it by $116 million on advertising, the Trump campaign has been throwing money at Trump Plaza, Trump SoHo, Trump Cafe, Trump Grill, Epic Trump Wine Manufacturing, Trump Restaurants, Trump National Golf Club, Trump International Golf Club, Trump International Hotel, Trump Ice, et cetera.
In short, Trump’s entire presidential campaign is just another of his cheap scams, along the lines of Trump University, Trump Network, and American Communications Network.
If he is looting his own campaign like this, imagine what he would do to the country if made president. But Trump is bright enough to understand that he could not even begin to handle the job. That’s why he is conspicuously not trying to beat his friend Shrillary.
The few Trump chumps who do send him money should not be surprised if he maxes out their credit cards.
Own up, Trumpsters. You have been had.
On tips from Torcer.