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TomCADem

(17,380 posts)
Tue Oct 25, 2016, 10:21 PM Oct 2016

Donald Trump’s $100 Million Money Bomb Is a Dud

http://www.thedailybeast.com/articles/2016/10/25/donald-trump-s-100-million-money-bomb-is-a-dud.html

“I will have, in my race, more than $100 million put in of my money,” Donald Trump said during the second presidential debate in St. Louis. “By the time it’s finished, I’ll have more than $100 million invested.”

Except, judging by his filings with the Federal Election Commission, Trump has donated just over half that amount to his campaign with just two weeks left to go until Election Day.

At this rate, he will fall short of his pledge by about $44 million, or the cost of six of his private helicopters, unless he cuts himself a check sometime in the next 14 days, something his past financial behavior this election suggests is unlikely.

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He also makes in-kind donations of Trump Tower rent for his employees and his campaign office space to the campaign for tens of thousands of dollars a month. Not to mention, his campaign pays Trump businesses, an unprecedented advantage he has over Clinton, who doesn’t own any restaurants or private airplane companies. In September, Trump paid Tag Air, Inc., of which he’s CEO, $319,496, Trump Tower Commercial LLC received $169,758 for rent, and over $4,000 to Trump Restaurants, LLC for meeting expenses and meals.
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