Trump: Watch the Money
Friday, August 21, 2015 at 11:14PM
Sean Wilson in Donald Trump, Presidential Campaign, campaign donations, video
Probably the most important part of the Trump speech in Alabama was the this major turn-around on political donations (see video). Every candidate who accepts campaign donations does it under the same pretenses Trump now appears to endorse. So you begin with a major premise -- "I'm rich enough to avoid manipulation by special interests (by spending my own money)" -- and you end up with the confession that it was all just unknowing populist bluster. And it says a great deal about Trump: he's got one eye on his ego and the other on his money. Business people would be crazy to run for election on their own money. You only promise that in two situations: when you are rich and your donations would otherwise be low. Now that you have vaulted yourself into potentially being the top donation recipient, the logic of finance kicks in and the rhetoric simply adjusts. I bet we are not far off from him selling campaign stuff, taking a page from the Clinton Store in 1992. And think about what the speaking fees will be if, after the election, he remains popular. There is a great business opportunity here.
Update on Monday, August 24, 2015 at 6:22PM by Registered CommenterSean Wilson

An update from This News Item.

"Over the last two months, Trump boasted at length about his decision to self-fund: “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,” he said during his rambling, off-script presidential speech in June.

Despite the bluster, Trump was quietly fundraising at the same time. His homepage included a prominent “donate” option when it launched, and Politico reports he attended a super PAC fundraiser in July. In early August, he began sending out fundraising requests to conservative mailing lists. In one email to the Daily Caller’s mailing list that was obtained by msnbc, he asked for donations to “prove” that he had grassroots support, vowing to match all donations. “I am very rich and I created something very special,” he wrote. “Stand with me today and send a powerful message to the establishment by supporting my campaign.”

BuzzFeed reports that two other mailing lists received similar requests."

Article originally appeared on Ludwig (http://ludwig.squarespace.com/).
See website for complete article licensing information.