The Associated Press, while investigating how Trump plowed through a billion dollars during the campaign, found this interesting detail: A web of limited liability companies hid more than $310 million in spending from disclosure, records show.
AP story about how Trump campaign squandered a huge money advantage by incompetence and corruption
WASHINGTON (AP) — President Donald Trump’s sprawling political operation has raised well over $1 billion since he took the White House in 2017 — and set a lot of it on fire.
Hell of an AP lede: “President Donald Trump’s sprawling political operation has raised well over $1 billion since he took the White House in 2017 — and set a lot of it on fire.”
How did the Trump campaign burn through $1 billion? Here's a start: -$100,000 on Don Jr.'s book "Triggered" -$7.4 million at Trump properties -$38.7 million in legal fees
A Republican campaign consultant speaking about the Trump campaign's spending: “You could literally have 10 monkeys with flamethrowers go after the money, and they wouldn’t have burned through it as stupidly.”
“You could literally have 10 monkeys with flamethrowers go after the money, and they wouldn’t have burned through it as stupidly.”
Every Trump donor and supporter should read this. And then cry.
“Trump bought a $10 million Super Bowl ad when he didn’t yet have a challenger. He tapped his political organization to cover exorbitant legal fees related to his impeachment. Aides made flashy displays of their newfound wealth.” ⁦
“You could literally have 10 monkeys with flamethrowers go after the money, and they wouldn’t have burned through it as stupidly.” — The typically understated , on Trump camp spending habits
How Trump plowed through $1 billion, losing cash advantage — things like spending $1.6 million on TV ads in D.C., an overwhelmingly Democratic area, where Trump can’t win but where he is a regular TV watcher (from )
“Trump bought a $10m Super Bowl ad when he didn’t yet have a challenger. He tapped his campaign to cover exorbitant legal fees... Aides made flashy displays of their newfound wealth — including a fleet of luxury vehicles purchased by Brad Parscale...”
The story omits to mention the hundreds of thousands of dollars of income maintenance to Trump children, spouses, girlfriends.
The Trump campaign hid $310 million in campaign spending thru a web of LLCs
Trump financial wizardry in a nutshell: "Between July and September, it cost the campaign $181 million to raise $235 million through small contributions" AND "a web of limited liability companies hid more than $310 million in spending from disclosure."
When you want to support Trump, but are afraid he and his henchmen wil steal yoor campaign cocontributions.
An ongoing inability to distinguish between 'stupidity' and 'corruption'