It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
The Trump campaign has just released their financial statements for the month of July, and it’s looking pretty bright from a donation-raising standpoint. The campaign stated “it raised $80 million in July, has $74 million cash on hand,” according to reports by Reuters. The numbers mark a sharp jump from June, when Trump’s campaign raised about $51 million total.
Meanwhile, the Washington Post is reporting that the “Clinton campaign had best fundraising month yet, with $63 million haul in July.”
Here’s the press release, which was uploaded to the Donald J. Trump campaign website:........
originally posted by: 3NL1GHT3N3D1
So where is all of this money going? I thought Trump got free advertising every time he opened his mouth, so it can't be going toward that part of the campaign because he gets free ad time.
originally posted by: redmage
Well, it looks like he might be able to turn a profit, on the personal loan that he provided to his campaign, after all. It was starting to look pretty bleak until he backtracked on the early promise of solely "self funding" his campaign.
Personally, I think that was his main goal to begin with. I think his ego desires to be "the only candidate to ever make a personal profit on a Presidential campaign in U.S. history", and I think that's going to be his main talking point when he's hitting the talk show circuit after the election.
originally posted by: LifeMode
Which is a good thing. He exposes how politicians cash in...
While candidates often gain recognition from running for president, they are barred from enriching themselves directly from their campaigns.
“It is something to keep an eye on,” she said, “because as soon as you start using campaign money that has come in from donors, not just the money that he has loaned to himself, and he uses it for something that he will personally keep, or his family will personally keep, that is what crosses the line.”
originally posted by: Olivine
He is gaining in his goal toward profit as a campaigner.
Seems like a murky area in campaign finance law.