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Trump Raised Tens of Millions of Dollars to Do Something That’s Illegal

Summary:
"Trump asked donors to give to his ‘election defense fund,’ but in reality, the money raised never paid for any post-election litigation and legally could not even do so.”Former President Donald Trump continues to rake in huge piles of cash, but very little of that money has gone toward the causes for which donors believe they are giving. At the heart of various fundraising projects are misleading solicitations that appear primarily to target desperate and loyal middle and lower-income Trump supporters.Between November 3, and January 31, Trump raised more than 5 million from voters on the claim that the money would fuel the legal warfare needed to contest the election results. According to Bloomberg, however, by December 4 the total spent on overturning the election was just .8

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"Trump asked donors to give to his ‘election defense fund,’ but in reality, the money raised never paid for any post-election litigation and legally could not even do so.”

Former President Donald Trump continues to rake in huge piles of cash, but very little of that money has gone toward the causes for which donors believe they are giving. At the heart of various fundraising projects are misleading solicitations that appear primarily to target desperate and loyal middle and lower-income Trump supporters.

Between November 3, and January 31, Trump raised more than $255 million from voters on the claim that the money would fuel the legal warfare needed to contest the election results. According to Bloomberg, however, by December 4 the total spent on overturning the election was just $8.8 million. 

The fine print in some fundraising emails stated that a donor would have to give over $8,000 before any funds went to an account created to finance election challenges, including recounts and lawsuits over alleged fraud. As a result, large sums would go instead to Trump’s Save America PAC. 

Trump also aggressively fundraised on the Georgia Senate runoff elections, imploring his supporters to give to “STOP Socialist Dems” cold. “But the fine print shows that most of the proceeds are going toward Trump’s newly launched PAC.” 

What exactly is Trump’s Save America PAC? “The money in the Save America PAC, unlike money contributed to a standard campaign committee, can be used to benefit Trump in innumerable ways,” explained the Washington Post’s Philip Bump. “Memberships to golf clubs. Travel. Rallies. Even payments directly to Trump himself, as long as he declares it income.” 

Save America has been at odds with its stated purpose from the outset, as money donated to the PAC could not “be used to support Mr. Trump’s own campaign or the cost of litigation arising from his campaign,” according to Brendan Fischer. Fischer is an expert in campaign finance and government ethics at the Campaign Legal Center.

At the center of this is a cast of familiar characters: Jason Miller, Bill Stepien, Brad Parscale. All of them close confidants of Jared Kushner, and all with intimate knowledge of the operation that covertly spent nearly a billion dollars in campaign cash on anything but the campaign during the 2020 election cycle. 

Before donating to Trump's Save America PAC, read the fine print.

This is not a Save America Pact, it's an outright scam.

Mike Shedlock
Mike Shedlock (Mish) is a registered investment advisor representative for SitkaPacific Capital Management (http://www.sitkapacific.com/). Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

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