Sometimes Money Speaks Louder Than Words

Created
Tue, 19/03/2024 - 03:00
Updated
Tue, 19/03/2024 - 03:00
Back in 2000 when Donald Trump first tested the waters of a presidential campaign , giving a series of speeches as a possible Reform Party candidate, he famously told Forbes Magazine, “It’s very possible that I could be the first presidential candidate to run and make money on it.” He was speaking at the time about a weird deal he had going with motivational speaker Anthony Robbins in which he timed his political appearances around paid seminars that Robbins paid him a million bucks to give. By the time he decided to run for real in 2015 he didn’t publicly suggest that he could make money campaigning but he did make the case that he was incorruptible saying, “I don’t need anybody’s money.” (He’d obviously figured out that that real graft was to made once he was in the White House.) He pledged to spend a hundred million of his own money on his run but ended up only giving about $66 million out of $398 million so Trump didn’t “self-fund” by a long shot. In 2020 he didn’t use any of his own money at all instead raising $774 million for the campaign with the RNC and his Super PACs raising much more. (The 2020 election was by far the most expensive in history, doubling the record breaking 2016 campaign.) His spending in that campaign was so profligate that it ended up having a cash crunch in the months before the election. Still, the myth persists among the MAGA…