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Miles Archer

(18,837 posts)
Tue Oct 25, 2016, 06:35 AM Oct 2016

Trump spends $300K in donor funds on copies of his book, selling them for 8.5 x the cover price.



WASHINGTON ― Donald Trump used small donors’ money to buy nearly $300,000 worth of books from the publisher of his Art of the Deal last month, continuing a pattern of plowing campaign money back into his own businesses.

The Oct. 15 Federal Election Commission filing for Trump Make America Great Again Committee does not specify which books in particular were purchased, but the committee’s own website suggests it was Trump’s 1987 business bestseller.

“I’ve signed an out-of-print, hardcover copy of ‘The Art of the Deal’ just for you, because I want you on board with Team Trump!” Trump wrote in an Aug. 2 fundraising email, which went on to offer the book for a minimum donation of $184.

Trump’s statement calling the book “out-of-print,” repeated on the committee’s website, however, is false. The Art of the Deal had a new paperback edition printed last October, and the hardcover is currently in print and available from Random House and retail booksellers. Barnes and Noble, for example, sells it for $22.35.

http://www.huffingtonpost.com/entry/trump-book-donor-money_us_580e7b09e4b02444efa4e7c4
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Trump spends $300K in donor funds on copies of his book, selling them for 8.5 x the cover price. (Original Post) Miles Archer Oct 2016 OP
When you think you have heard it all,,,,there is more.. Stuart G Oct 2016 #1
it's true. barbtries Oct 2016 #5
That's just the tip of the iceberg for what his donors are paying for. Vinca Oct 2016 #2
A con's view of making profit. duncang Oct 2016 #3
Is he immune from any law? BSdetect Oct 2016 #4
That's why he bought up persecuting his opponents, so when Hillary's DOJ charges him with misuse.. Txbluedog Oct 2016 #7
Grifting and stealing, as always. dalton99 Oct 2016 #6

Stuart G

(38,359 posts)
1. When you think you have heard it all,,,,there is more..
Tue Oct 25, 2016, 06:47 AM
Oct 2016

Title should read, "Art of the Con, I Con You if you Buy This Book"...

barbtries

(28,702 posts)
5. it's true.
Tue Oct 25, 2016, 10:57 AM
Oct 2016

he's almost like a caricature. if it wasn't happening it would be laughed at in movie theaters. he does continue to sink long after you thought there was no lower to go.

Vinca

(50,170 posts)
2. That's just the tip of the iceberg for what his donors are paying for.
Tue Oct 25, 2016, 08:03 AM
Oct 2016

Notice how many events are held at Trump establishments? Trump was right about one thing. He'll probably make money off his campaign. It's easy to part a sucker from his money.

duncang

(1,907 posts)
3. A con's view of making profit.
Tue Oct 25, 2016, 08:10 AM
Oct 2016

Let's look at the whole deal here and probably gains for him. Since it appears he is in this just for the con and his pocket book.

1. On that pic it shows different prices. Uses the sales technique of making it sound like you are getting some kind of fantastic deall if you act right now. Don't think about it or wait too long or you will miss this opportunity.

2. The actual price he paid is a lot less then the retail price. But even buying $300,000 worth of books at $20 each that's 15,000 books. Looks good when they say "x" sold. Boost of the ego for him.

3. He gets a percentage back directly to his pocket for each book sold.

4. He says he is signing them. One of his big money makers is dipshit branded stuff. Adding his signature to the book in his mind adds value. So what do you think the chances of him charging a fee for each book he signs?

5. Expect more sales pitches to come from him pushing the book as it gets closer to election day. With "Once in a lifetime discounted offer of Autographed books".

Now a little more on what other gains as a whole for his "campaign".

All money he has made during this time he doesn't have to return or turn over to anybody. So what are his plans for it?

1. As a possible slush fund for paying off other elected officials. From what I understand money left over can be donated to other people's campaign fund. He no longer has to use his foundation money to get favors.

2. He could use it for things like travel expenses. All he would have to say was he is doing a exploratory trip to look at options for future runs at elected office. Makes a great way to pay for a business trip or vacation.

3. Use it to fund groups like citizens united, project veritas, pacs etc. He already has paid money from his campaign funds to project veritas. Even if he never runs for another office this is something that would help his need for vengeance. He seems to never forget any kind of slight.

4. Even though he has "forgiven" at least one of his loans to the campaign will he get some of the money directly back?

 

Txbluedog

(1,128 posts)
7. That's why he bought up persecuting his opponents, so when Hillary's DOJ charges him with misuse..
Tue Oct 25, 2016, 11:03 AM
Oct 2016

his deplorables will scream she's unfairly prosecuting him

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