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submitted 10 months ago by 2piradians@lemmy.world to c/politics@lemmy.world

His key fund has spent nearly all of the more than $150 million it raised, and is sitting on less than $4 million, according to the latest numbers available. He’s already dug into his fund for 2024 ads, and borrowed money to post bail in Georgia. And some of his allies are begging for donations, saying he won’t pony up.

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[-] FlyingSquid@lemmy.world 183 points 10 months ago

And some of his allies are begging for donations, saying he won’t pony up.

HE NEVER DOES! How do these idiots not know that? He's famous for not paying what he owes.

[-] lobut@lemmy.ca 69 points 10 months ago

Obligatory: why would the leopard eat MY face??

[-] FlyingSquid@lemmy.world 30 points 10 months ago

It's like people who buy lottery tickets every week except at least those people have a minute chance of a payout.

[-] imgonnatrythis@lemm.ee 6 points 10 months ago

At least that money goes to schools and roads and stuff. This is butt wipe money

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[-] pHr34kY@lemmy.world 122 points 10 months ago

How ironic. "Running out of other people's money" is a term that Trumpers use to describe communism.

[-] MxM111@kbin.social 23 points 10 months ago

It’s a communism for one person.

[-] Chainweasel@lemmy.world 106 points 10 months ago

I think it's hilarious that he's supposedly a billionaire yet the RNC and their various related PACs are willing to go broke for him even though he is unpopular enough that the candidates he endorsed lost in the midterms. He's losing them elections left and right and yet they still can't stop themselves from throwing money at him.
He's like King Midas but everything he touches turns to shit.

[-] downpunxx@kbin.social 69 points 10 months ago

he packed the court, he personally killed roe, and he gives americans they hate the most, women/brown people/homosexuals nightmares. he is their god. they don't care about anything else. racists would throw their own children into fire if it meant mud people might get it worse than they have it now. it really is that simple.

[-] reverendsteveii@lemm.ee 8 points 10 months ago

you say stuff like, uh, forced busing, states’ rights, and all that stuff, and you’re getting so abstract. Now, you’re talking about cutting taxes, and all these things you’re talking about are totally economic things and a byproduct of them is, blacks get hurt worse than whites.…

Lee Atwater, on how the Republican party wins the votes of racists without appearing blatantly racist

[-] DragonTypeWyvern@literature.cafe 23 points 10 months ago

"If we nominate Trump, we will get destroyed, and we will deserve it." - Lindsey "Spineless" Graham.

[-] Beetschnapps@lemmy.world 9 points 10 months ago

[5 minutes later…]

“I should go suck trumps dick, just to hedge my bets…” - also lindsey graham

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[-] PrincessLeiasCat@sh.itjust.works 8 points 10 months ago

But you see, he’s only broke because the very very mean libs stole the election from him which forced him to try to overthrow the government. Then they led all kinds of witch hunts against him after he tried to show that he was right and expose election fraud. None of this is his fault!!! He’s innocent! He averted nuclear Holocaust!! /s

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[-] milkjug@lemmy.world 73 points 10 months ago

“No word from Trump,” Johnson wrote. “Nothing to defend these people who worked so hard for him. Not a dime of his money to fund their defense. Nothing. He has thrown all of them under the bus to prop himself up.”

No waaaaay, shock pikachu face

[-] krayj@sh.itjust.works 26 points 10 months ago

He has thrown all of them under the bus to prop himself up.

That is his nature, it is his core identity. Any common moron could see that starting in 2014. Whatever happens to all those people who worked for him and are now under the bus...they deserve everything that happens to them now that he's used them up and cast them aside.

[-] Arsenal4ever@lemmy.world 12 points 10 months ago

"My son Eric is much more involved with it than I am," Trump said.

[-] Arsenal4ever@lemmy.world 23 points 10 months ago

"My son Eric is much more involved with it than I am", Donald Trump throwing his son under the bus.

[-] samus12345@lemmy.world 8 points 10 months ago* (last edited 10 months ago)

They didn't think the orange leopard would eat THEIR faces!

[-] athos77@kbin.social 7 points 10 months ago

Hell, he threw his sons under the bus in the New York case, you think he cares about these other people?

[-] maniajack@lemmy.world 66 points 10 months ago* (last edited 10 months ago)

What the fuck I thought Super PACs were not allowed to coordinate with the candidate...right? ....right? It's paying his fucking legal bills how is that not a violation? Oh that's right because it's a fucking corrupt bullshit concept. The supreme court's awful Citizens United ruling completely fucked over this country.

[-] TechyDad@lemmy.world 44 points 10 months ago

It's a violation, but at this point they're openly flouting campaign finance laws. Usually, a campaign and their PAC will have "secret" places to publicly share documents that are technically public but only known to the campaign and the PAC. For example, they might have a site called Artichoke-And-Orange-Juice-Recipes dot com which would have various recipes posted. However, if you go to /recipes/other/political/campaigns/2023/abcd-5678-totally-public-stuff/ one side would post documents for the other side to grab. It's technically not coordinating since anyone could grab those documents, but only they know about that URL so practically speaking it's coordinating secretly. However, for the debate, DeSantis' PAC posted debate prep notes openly for DeSantis to use.

Also, a DeSantis PAC has been paying for stuff like a campaign bus for DeSantis which shouldn't be allowed.

Meanwhile, Republicans want to loosen the regulations so that PACs could coordinate openly with the campaigns with no restrictions.

[-] SonnyVabitch@lemmy.world 46 points 10 months ago

Why his allies are surprised he won't pony up is a mystery given the man's half a century history of cheating anybody who'd put any trust in him.

[-] ArugulaZ@kbin.social 43 points 10 months ago

Good, and also fuck him. Time to go to prison now, Donald.

[-] Vertelleus@sh.itjust.works 37 points 10 months ago

Time for another round of Trump NFTs...

[-] MataVatnik@lemmy.world 7 points 10 months ago

Or to take funds from foreign governments. It would be nothing to them if Trump loses, but if he wins they'll own him forever.

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[-] LEDZeppelin@lemmy.world 37 points 10 months ago

Russian money ain’t worth as much as it used to be

[-] Pons_Aelius@kbin.social 19 points 10 months ago

Trump ain't worth as much to Russia as he used to be.

[-] TransplantedSconie@lemm.ee 34 points 10 months ago

Oh no!

Anyway....

[-] HeyJoe@lemmy.world 30 points 10 months ago

Has anyone thought maybe he is only saying he is going to run for president again so he can continue to rake in this money to pay the fees? If he wasn't running the PAC wouldn't exist right? Seems like an easy way to continue paying and then bailout once he has exhausted all funds.

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[-] FoxBJK@midwest.social 19 points 10 months ago

And yet every time something happens to him he gets millions in donations. Does he even need to advertise? Even if he’s broke I doubt he’d drop out of the race, he’d just make people work on credit and then not pay.

[-] kescusay@lemmy.world 44 points 10 months ago

The astonishing thing here is that this would probably work. I have no idea how he continues to convince people that 1) he's rich, and 2) he'll bother paying them if he's not forced to, but somehow there keeps being people willing to throw their lives away for him.

I still have trouble with that. People willing to throw their lives away for Donald fucking Trump, the failed real-estate tycoon and D-list celebrity weirdo with the underage "beauty" pageant. That guy? That guy commands an army of people desperate to do his (unpaid) bidding?

What the actual fuck?

[-] cassetti@kbin.social 43 points 10 months ago

Donald Trump is a poor man’s idea of a rich man, a weak man’s idea of a strong man, and a dumb man’s idea of a smart man.

[-] givesomefucks@lemmy.world 21 points 10 months ago

Con man is short for confidence man...

There's always been a lot of people who will fall for obvious scams because they assume anyone that's confident is capable.

They aren't the best with higher logic, so they tend to take everything at face value. And that's been exploited for probably longer than humans have had language

[-] scytale@lemm.ee 8 points 10 months ago

He has become mythological to his fans. Like when you see those Chuck Norris memes, except they believe everything they see/read about him without looking past the surface.

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[-] SulaymanF@lemmy.world 12 points 10 months ago

Some troll signed me up for Trump’s mailing lists. The donation requests are absolutely pathetic. “President Trump asked me to reach out to YOU, one of his most loyal donors, to help out this month with defending freedom. We’re putting the list of his top 50 defenders on his desk this afternoon and want your name on it again this time!” … “President Trump got his weekly list of donors and asked me why your name wasn’t on it this time!”

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[-] inclementimmigrant@lemmy.world 18 points 10 months ago

Oh please. There's still plenty of grift left and I hope they continue to get grifted by this living spam email.

[-] Treczoks@lemmy.world 16 points 10 months ago

Any cent wasted on lawyers will mean less money on ads. I think many people will be thankful for seeing less of his face next year...

[-] WaterWaiver@aussie.zone 15 points 10 months ago* (last edited 10 months ago)

These two paragraphs in a row are weirdly similar:

His key fund has spent nearly all of the more than $150 million it raised, and is sitting on less than $4 million, according to the latest numbers available. He’s already dug into his fund for 2024 ads, and borrowed money to post bail in Georgia. And some of his allies are begging for donations, saying he won’t pony up.

After raising more than $150 million, his key fund is sitting on less than $4 million, according to the latest numbers available. He’s already dug into his 2024 super PAC, and borrowed money to post bail in Georgia. Some of his allies are begging for donations, saying he won’t pony up.

Am I seeing both the article and a preview version of the article? Or maybe the author was under time/etc pressure and left a duplicate drafted paragraph in? It doesn't seem ML generated as far as I can tell.

The next two paragraphs end with similar sentences too.

[-] AngryCommieKender@lemmy.world 7 points 10 months ago

I think your browser just displayed it weird. I'll copy/paste for you, but this is what I got.

Trump is running out of other people's money to pay lawyers. Save America PAC is almost broke

Save America spent most of the $156.4 million it raised.

 Erin Mansfield

USA TODAY

Former President Donald Trump is running out of other people's money to spend on his legal bills, which could total in the tens of millions of dollars if he takes all four of his criminal cases to trial.

His key fund has spent nearly all of the more than $150 million it raised, and is sitting on less than $4 million, according to the latest numbers available. He’s already dug into his fund for 2024 ads, and borrowed money to post bail in Georgia. And some of his allies are begging for donations, saying he won’t pony up.

White collar criminal defense attorneys who spoke to USA TODAY estimated his legal bills will total millions, if not tens of millions, largely because he is defending against four criminal cases, but also because of his notoriety.

Zachary Smith, who practices criminal defense about 40 miles from Atlanta, said Trump could spend $500,000 to $1.5 million on a local lawyer for his racketeering trial. He said the case could effectively shut down a small law firm for months while they take the case, and the firm would charge a premium based on Trump’s notoriety.

Danya Perry, a defense attorney and former federal prosecutor in New York, said a two- or three-week trial can easily cost $10 million. She highlighted the complexity and magnitude of the Fulton County case as particularly expensive.

Bruce Udolf, a former federal prosecutor and criminal defense attorney in south Florida said elite lawyers may charge a flat fee whether or not they see the case to completion. Others may charge between $10,000 and $30,000 per day for trial. “I can’t see most top-level white collar lawyers doing it for less than $2 or $3 million,” he said.

There’s the question of how many lawyers Trump has at his side in the courtroom in each case, Udolf said, and the complexity of the law. Udolf said he has tried racketeering cases, and that the ”unwieldy” nature of the indictments can increase the length of the trial “exponentially.”

Sara Kropf, a partner at a small criminal defense firm in Washington, D.C., said the hourly rate for these types of lawyers at large firms in her area is around $2,000. In addition to paying them to go to trial, they need to go through discovery documents, filing pretrial motions, and preparing witnesses, she said.

“Easily, easily, within the millions of dollars,” Kropf said. “And that’s for each separate case. And we’re talking about four indictments. You’re easily in the tens of millions of dollars. It’s kind of staggering, honestly, to think about how much he would be spending.”

Is Trump broke?

Trump’s main account that pays for legal fees, Save America, doesn’t have that kind of money. It’s spent almost all of the $154.6 million it raised since the 2020 election and had $3.7 million in the bank at the end of June.

The PAC spent it biggest chunk of money, $60 million, making transfers to Trump’s 2024 campaign super PAC, Make America Great Again, Inc. But in May and June, as his legal entanglements grew, that super PAC refunded $12.3 million back to Save America. Without those transfers, Save America would’ve been in debt.

Save America has mostly been working with money it built up prior to Trump’s re-election declaration in November. Even though Trump’s campaign boasted raking in record amounts of money from his first two indictments in New York and Miami, records show that only $3.8 million of that went to Save America, while $33.1 million went to his presidential campaign.

During that same time period, Save America spent $21.6 million on legal expenses, the vast majority of the $38.4 million Save America has spent on that category since November 2020. And criminal defense lawyers haven’t been the only expenses for Save America.

Throughout 2022, Save America paid for lawyers for allies who testified in front of the House Jan. 6 Committee, like former White House aide Cassidy Hutchinson. It’s spent tens of millions more on travel, payroll for aides to Trump and former First Lady Melania Trump, event production, and attempts at putting election deniers in local office during the 2022 midterms.

Trump signaled to his followers that his legal fees were draining him in an Aug. 12 tweet on Truth Social. Without evidence, he accused President Joe Biden of using the legal system to prevent Trump from having the money to run advertisements against him. 

Make America Great Again, Inc. could transfer more money back to Save America; it ended June with $30.8 million. His official campaign account was sitting on another $22.5 million. However, transfers from either account would reduce his competitiveness in the Republican Primary.

The super PAC backing Florida Gov. Ron DeSantis, running against Trump, ended June with $130.6 million, or about $100 million more than Make America Great Again, Inc.

Trump’s personal wealth has been hard to pin down over the years, but Forbes most recently estimated it at $2.5 billion. Most of the wealth was in real estate, and $425 million was cash.

Udolf said if Trump is as rich as he says he is, he shouldn't have trouble paying from his own pockets.

“He says he’s a billionaire,” Udolf said of Trump. “If that’s the case, it’s certainly not going to be that much money.”

Codefendants beg Trump for money

Save America did not respond to a request for comment about whether it has the money for Trump’s defenses in Georgia, D.C., Miami and New York, or whether it was paying legal fees of Trump’s 18 codefendants in Georgia.  

Trump posted surety bonds totaling $200,000 in Georgia, according to records from the Fulton County Jail, meaning he sought the help of a bail bondsman to finance his release. Bail bondsmen typically require a defendant to put up 10% of the bond amount in cash, saving the person from shelling out the other 90%.

The vast majority of codefendants are hiring lawyers without previous relationships with Save America, according to a review of records from the Fulton County court and the Federal Election Commission.

Only the lawyers representing Mark Meadows in seeking to move the case to federal court come from a firm that has received money from Save America in the past. That firm is McGuireWoods LLP and received just under $900,000 through June 30. (Records do not indicate whose representation, if any, Save America was financing.)

Four are receiving help through the Christian crowdfunding platform GiveSendGo. They are John Eastman, the constitutional scholar who created a legal theory to help Trump claim victory; Jeff Clark, the acting attorney general Trump placed to help swing the election to him; lawyer Jenna Ellis who was involved in efforts in Pennsylvania; and fake elector Cathleen Latham.

Ellis, whose lawyer did not respond to a request for comment, has been promoting her GiveSendGo page on X, formerly known as Twitter, and asking if Trump would fund the codefendants’ legal expenses if he were to get the nomination. Prominent anti-abortion activist Abby Johnson has also promoted her page.  

“No word from Trump,” Johnson wrote. “Nothing to defend these people who worked so hard for him. Not a dime of his money to fund their defense. Nothing. He has thrown all of them under the bus to prop himself up.”

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[-] imgonnatrythis@lemm.ee 14 points 10 months ago

When your PAC gets drained not advancing any of your political ideals but instead trying to bail your candidate out of prison, you might want to pick a new piece of shit to throw your money at.

[-] starrox@sh.itjust.works 13 points 10 months ago

Hilarious and disgusting in equal measures.

[-] SinningStromgald@lemmy.world 11 points 10 months ago

It's okay he's a billionaire so he'll just spend his own money....right? Right? RIGHT?!?!?!

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[-] JustZ@lemmy.world 8 points 10 months ago

Wow Bernie still has a bigger war chest from 7 years ago.

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this post was submitted on 31 Aug 2023
647 points (97.6% liked)

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