If Trump wins the primary, the first pledge to be broken will be the self funding one. It will take over a billion (with a b) dollars to run a full fledged campaign. Some estimates put it as high as 1.5 billion. Trump’s liquid assets are estimated at between 70 and 80 million (with an M). He would have to take out loans against his properties or sell them. Even for him a billion dollar loan would not be so easy in this down economy, banks want their money back. Plus he has a history of bankruptcies to work around.
If he decides to sell off properties it would have to be a fire sale, meaning he would have to settle for a fraction of the value. There would not be time for years of negotiations and counter offers. I don’t think his business attitude would allow him to do that.
The only other alternative is super PACs. Individual donations would never cover the total cost of the campaign. It would be interesting to see which Saudi prince is the first and biggest donor, but I’m sure he would take mostly from unnamed sources, just like all those evil people he is running against.
in an early rally Trump said he was self funding through primary at least, or some similar to those words. I have no clue which rally it was, but I wondered myself how much of his campaign he would financially cover and how he would cover it, so I was glad for part of answer to my wondering.
I truly don’t have an issue if Trump put up seed money and is receiving small and medium donations from people willingly donating.
I do not like PACs and such that individuals/businesses/lobbists give huge sums essentially buying the candidate, for favors later, like other candidates use.
I also don’t like if any tax payer monies are funneled to campaigns in any way.