$1.3 million of donor money has turned into $1.3 million of Trump money.

[riversedge]

Further into the article--no one seems to know why or what is being rented. dah dah!

Link to tweet

Mar 20, 2019, 10:00am


Trump Has Now Shifted $1.3 Million Of Campaign-Donor Money Into His Business


https://www.forbes.com/sites/danalexander/2019/03/20/trump-has-now-shifted-13m-of-campaign-donor-money-into-his-business/#236ff3797aaf
Dan Alexander




Donald Trump has charged his own reelection campaign $1.3 million for rent, food, lodging and other expenses since taking office, according to a Forbes analysis of the latest campaign filings. And although outsiders have contributed more than $50 million to the campaign, the billionaire president hasn’t handed over any of his own cash. The net effect: $1.3 million of donor money has turned into $1.3 million of Trump money.

In December, Forbes reported on the first $1.1 million that President Trump moved from his campaign into his business. Since then, his campaign filed additional documentation showing that it spent another $180,000 at Trump-owned properties in the final three months of 2018.

None of this seemed likely when Donald Trump first got into politics. “I don’t need anybody’s money,” he announced on the day he launched his 2016 campaign, standing inside the marble atrium at Trump Tower. “I’m using my own money. I’m not using the lobbyists. I’m not using donors. I don’t care. I’m really rich.”

At first, he acted like it, spending $50 million of his own money from April 2015 to June 2016. But the following month, when he was officially named the Republican nominee for president, his financing model changed. From July to November of 2016, outsiders contributed $234 million while Trump put up just $16 million.

Once he became president, Trump had a chance to get some money back. The campaign put more than $800,000 into Trump Tower Commercial LLC, the holding company through which Trump owns his interest in the original Trump Tower on Fifth Avenue. Trump Tower Commercial LLC took in an additional $225,000 in rent from the Republican National Committee, which coordinated those payments with the campaign. That means that, since the inauguration, Trump’s reelection effort has had a hand in funneling more than $1 million into the president’s most famous property. ..................

[Wellstone ruled]

1. Long suspected this to be the case

Trump has been running a Ponzi Scheme for more than a decade. This Forbes Story just confirms it.

[uponit7771]

2. There's no need to wait to Mueller report to indict Red Don, he's committing crimes out in the open

.... and if this was a democratic president conservative could give a damn if dems said "you didn't prosecute Trump" ... they'd be like so what.

[SoCalDem]

3. abracadabra

[dlk]

4. A Grifter's Gotta Grift-No One Should Be the Least Bit Surprised