2016 Postmortem
Related: About this forumBREAKING: Trump campaign canceling ad buys in critical swing States
Trump campaign is canceling hundreds of thousands of dollars in advertising in Fla, NC, OH, possibly other states, per two buying sources.
Overconfidence or hopelessness?
Renew Deal
(81,844 posts)ChairmanAgnostic
(28,017 posts)he is searching for a way to declare that money as a gift or non-taxable donation to his favorite charity - him.
Renew Deal
(81,844 posts)Hortensis
(58,785 posts)Trump undoubtedly wants to keep enough in the kitty to reimburse his own invoices to the campaign, including profit, in full.
rsdsharp
(9,135 posts)whether he has cancelled buys he originally intended to make, or whether he's cancelling buys already made. If it's the former it could be a lack of money. But if it's the latter, radio and TV stations require political money to be paid up front before airing the spots. If the buy is cancelled, he would get a refund, although probably not 100%. The closer to the election the cancellation occurs, the smaller the refund, in all probability.
Hassin Bin Sober
(26,311 posts)With all the bluster from him about how he was self financing didn't it turn out he was structuring the "self financing" as loans?
It's not like anybody will hold fundraisers to retire his debt.
He can pay himself back and stiff any vendors or employees left holding the bag. As per fucking usual.
Eleanors38
(18,318 posts)ChairmanAgnostic
(28,017 posts)I am not familiar with her.
PasadenaTrudy
(3,998 posts)for the NY Times, as a political correspondent.
ChairmanAgnostic
(28,017 posts)How come I missed her? Hmm.
Thank you.
Jason1961
(413 posts)It looks to me as though he's recognizing that he made another bad investment and is cutting costs.
He's probably going to funnel his campaign money into his own wallet again.
It's just another good sign for us.
underpants
(182,591 posts)NewJeffCT
(56,828 posts)I hope somebody asks him about Sean Hannity on Sunday night.
VWolf
(3,944 posts)"We had to cancel a couple of tour dates in Boston. Don't worry, it's not a big college town."
Cary
(11,746 posts)Tactical Peek
(1,207 posts)Remember, it's not his money. And the RNC has people who know how to read a poll who realize helping Trump is money down the drain, so they want it for Senate candidates and such.
Sad.
underpants
(182,591 posts)Haley Barbour (I think) realized that Dole was a lost cause so the party bailed on him.
Rex
(65,616 posts)He already knows he has no chance in hell.
rumdude
(448 posts)Anyone who donated to the Trump campaign is a fool.
NewJeffCT
(56,828 posts)He wants to keep as much to himself as possible. Why spend a few million dollars on advertisements when he can keep it an line his own pockets? Maybe instead of 6 foot portrait of himself, he can get a 12 foot one now? And, a statue of himself in the courtyard of Mar A Lago.
AmericanMan1958
(520 posts)It is what he is best at doing!
Cosmocat
(14,558 posts)From day one would not know, for a fact, this carpet bagging pos was going come out of this having somehow MADE MONEY off of it.
Iliyah
(25,111 posts)Eleanors38
(18,318 posts)uponit7771
(90,301 posts)yellowcanine
(35,693 posts)Gothmog
(144,905 posts)NewJeffCT
(56,828 posts)in May or June, I believe. However, the initial filing did not have evidence of that forgiveness. Did he ever actually do it?
Gothmog
(144,905 posts)Last week there was a story on politico about trump making a large additional contribution to the campaign in order to be competitive and to purchase $140 million in TV ads for the last month of the campaign http://www.politico.com/story/2016/09/donald-trump-campaign-self-fund-228801
While Trumps campaign has experienced a surge in small-dollar fundraising this month that could make an infusion of personal cash unnecessary, major Republican donors are nervous after a rocky first debate against Hillary Clinton and could ramp up pressure on their nominee to invest in the air war.
Trumps campaign last week said that it was planning a $140-million television and digital advertising push between this week and Election Day, in an effort to cut into the massive advertising advantage enjoyed by Clinton.
Read more: http://www.politico.com/story/2016/09/donald-trump-campaign-self-fund-228801#ixzz4MQa5kmH7
Follow us: @politico on Twitter | Politico on Facebook
That additional campaign contribution is evidently not happening and so the campaign is cancelling advertising commitments
TSIAS
(14,689 posts)It's not as if he is allowed to keep the money he raised, so it wouldn't appear to be a result of being cheap.
If true, this is really bad news for Trump. These states were supposed to be close, and there's no way he wins without winning all of them.
duncang
(1,907 posts)After the election he can pull money from it. Just by saying he is doing feasibility studies in different states. Possibly paying for expenses out of the campaign money. He may even be able to pull some out saying he uses his office at trump towers part time for the same thing.
Binkie The Clown
(7,911 posts)Coolie_J
(6 posts)that's why he's doing this. lol.
Doctor Jack
(3,072 posts)A lot of that money is theirs . Maybe they are giving up on him and trying to shore up money for down ticket races? They did it to dole in 1996
okwmember
(345 posts)Being inundated by political ads is definitely a con of living in a swing state.
Tess49
(1,579 posts)get the red out
(13,460 posts)This state is horrifically red too.
Tess49
(1,579 posts)GoCubsGo
(32,073 posts)I get my TV out of Georgia. Some PAC has been constantly running a couple of really nasty anti-Hillary ads for the past few days. One of them likens her to Richard Nixon, which I find pretty hilarious. Hey, assholes. Wrong candidate. (Yes. I know it's just typical right-wing projection.)
I would guess that the Trump campaign is probably low on money, and is saving what little they have for the week or two before the election.
apcalc
(4,462 posts)Cosmocat
(14,558 posts)No doubt, none.
Major Nikon
(36,818 posts)...but Trump has to win all of them.
http://www.nbcnews.com/politics/first-read/here-s-nbc-s-new-battleground-map-n661691
Stubborn
(116 posts)Major Nikon
(36,818 posts)October 6, 2016
Democrat Hillary Clinton (44 percent) leads Republican Donald Trump (42 percent) in a Suffolk University/Boston Globe poll of New Hampshire voters. The 2-point margin represents a toss-up, as the results are within the polls statistical margin of error.
https://www.suffolk.edu/news/67699.php
Stubborn
(116 posts)http://www.realclearpolitics.com/epolls/2016/president/nh/new_hampshire_trump_vs_clinton_vs_johnson_vs_stein-6022.htmlforecast/new-hampshire/
She's leading by an average of 5 points and Trump hasn't led in New Hampshire since August.
Major Nikon
(36,818 posts)Actually your source lists even more tossups than NBC (126 electoral votes vs 80), including NH which isn't surprising since RCP has a decidedly right bend.
http://www.realclearpolitics.com/epolls/2016/president/2016_elections_electoral_college_map.html
Coyotl
(15,262 posts)Do you realize how many Trump crimes have come out since that picture was true?
We need a list of Trump's known crimes.
womanofthehills
(8,657 posts)Major Nikon
(36,818 posts)So I'm guessing not too many.
Coyotl
(15,262 posts)dreamer67
(12 posts)1) Trump has been raising money on line using other peoples lists and using donor banks. This is very expensive, remember Ben Carson, his fund-raising was costing him upwards of 50% of each dollar raised. So even thought he has raised a lot of money the actual net to spend is not very high.
2) Large Rallies cost a lot of money and non of it is recouped.
3) I am not sure Donald has really canceled any personal debt the campaign has to him personally.
Given the above he is smart enough to know that he is loosing and would rather hoard cash to repay himself.
The only benefit it the con is on the deplorables that are giving him the small donations.
What a shame.
underpants
(182,591 posts)that's three thoughts
ColemanMaskell
(783 posts)Agnosticsherbet
(11,619 posts)They really valued my home city, 2nd highest amount. Weird that that they were spending so much in West Palm Beach which is reliably blue, but then he's just pure stupid. He probably thinks FL is in the bag because Voldemort told him so.
Jim Dandy
(358 posts)mcar
(42,278 posts)is my bet.
BigRig
(74 posts)Cash infusion complete
lark
(23,059 posts)Hopefully that includes No. Fl. so I don't have to see those lying creepy ads again.
Botany
(70,444 posts)I wonder how much Don the Con and Family have grifted off the top?
grossproffit
(5,591 posts)4lbs
(6,825 posts)and pretty much guaranteed one way or the other.
Smart!
Genius!
Why can't the GOP run every campaign like this!
workinclasszero
(28,270 posts)Trump knows its over and wants to pocket all the campaign cash he can get his stubby little fingers on.
Cryptoad
(8,254 posts)even trump has know that iis all over but the whinging!
Yavin4
(35,421 posts)ailsagirl
(22,885 posts)Johnny2X2X
(18,968 posts)Just as sure as the sky is blue Trump will keep that money. And not just by paying outrageous prices for services to his companies. He's going to try to pocket $tens of millions, I guarantee it. You can see the greed in his eyes, he's like the gold miner in bugs bunny, "mine, all mine, it's mine l, all mine!" He will falsify spending records, filter the money through a dozen paths on paper and in the end he will keep most of it. And just as sure as that, he will brag about making money running for President.
bigbrother05
(5,995 posts)He always bragged how he used donations to insure he got what he wanted. Campaigns can use left over funds to contribute to other campaigns. Bet he uses remaining funds for politicians in locations he needs favorable zoning/tax rulings.
Johnny2X2X
(18,968 posts)But I tell you, that guy is keeping a lot midnight money. It will be illegal, but he will keep it for himself. This is a guy who settled lawsuits against him with donations intended for charity, he's not going to let go of that money.
Helen Borg
(3,963 posts)Hope not.
alcibiades_mystery
(36,437 posts)They are going to throw all their money at Pennsylvania and hope some of the rest come through.
It's the last ditch strategy of a failing campaign.
Helen Borg
(3,963 posts)...
yardwork
(61,536 posts)The ads aren't there because nobody wants to contract with Trump anymore. He stiffs everybody.
Eleanors38
(18,318 posts)yardwork
(61,536 posts)Retired George
(332 posts)From HuffPo.
elehhhhna
(32,076 posts)Next month after he's completely destroyed the Republican Party
bucolic_frolic
(43,034 posts)followed by all this money reinvested for a media blitz in late October
Gambling and desperation for sure
remaineruk
(156 posts)He and his family will now concentrate on damage limitation as not just his brand but their fortune is at risk. More digging and allegations will drive their business to the ground.
Slipping away and losing will be better than fighting it out. But it may be too late for that. If he doesn't drop the rigging accusations their brand will be finished and bankrupt post election. And this will be a proper brankrupcy with no daddy to bail out. Sad.
Bernardo de La Paz
(48,947 posts)remaineruk
(156 posts)About how to protect his paper (not real) bank balance. Must be bricking it
Maru Kitteh
(28,313 posts)one market at a time
Auggie
(31,130 posts)sorefeet
(1,241 posts)LAWYERS FEES. He has several suits and indictments that will need quite a bit of legal services. I'm sure his kids will need some money too, for their legal fees. If the arrogant, greedy fuck never ran for president, none of his corruption would have been exposed. He cut his own throat.
TonyPDX
(962 posts)This is priceless. He knows that advertising won't translate into dollars, I mean votes, so cutting losses makes more sense.
Standby by for cries of "rigged election" in 3, 2, 1 . . .
Response to brooklynite (Original post)
DeminPennswoods This message was self-deleted by its author.
cwydro
(51,308 posts)Just recently.
Even saw a billboard for Trump/Pence in Union County today.
Spitfire of ATJ
(32,723 posts)spiderpig
(10,419 posts)Saving his (other people's) pennies.
lindysalsagal
(20,576 posts)It remains to be seen if the RNC will insist he drop out. This may be his out. He may have had enough.