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Trump rewrites campaign cash rules
Politico ^

Posted on 02/21/2016 7:31:30 AM PST by TigerClaws

The candidates for president and their big-money allies have spent more than $682 million through the end of January, according to federal disclosures. But money hasn't bought success.

There’s one area where Donald Trump is badly trailing the field — spending ― and that makes his resounding wins in South Carolina and New Hampshire all the more frustrating to his Republicans he’s trouncing and worrisome to the party leaders trying to block him from winning the nomination. According to a POLITICO analysis of reports filed Saturday with the Federal Election Commission, through the end of January the campaign of the billionaire real estate showman had spent a total of $24 million. That’s less than half as much as the rivals who finished in a distant second-place tie behind him in South Carolina, Marco Rubio (whose campaign and super PAC and non-profit allies have spent $76 million) and Ted Cruz ($60 million), the analysis found. Early in the presidential nominating process, Trump and his anti-establishment counterpart on the other side of the aisle Bernie Sanders are completely upending conventional thinking about campaign financing in the big money era sparked by the Supreme Court’s 2010 Citizens United decision. 20160220_hillary_clinton_5_ap_1160.jpg 2016 Clinton defeats Sanders in Nevada By KYLE CHENEY Neither man has the support of a dedicated super PAC like those buoying their rivals, and both have essentially declared war on the deepest pocketed donors in their respective parties. Instead, they have pioneered alternative means to power their campaigns ― albeit utilizing vastly different models ― and have shocked the political establishment with their success. Trump has reached into his own pocket to loan or donate $17.8 million to his once-quixotic campaign, accounting for most of the $26 million it has brought in, though it continues to accept a trickle of donations that totaled $941,000 in January. He has shelled out $7.6 million on an advertising campaign that he joked was probably a waste of money, given how well he was doing without spending money. But his finance reports show a campaign that relies more on splashy rallies that drive television coverage than on ground organizing. It has spent $2.1 million on events and $1.4 million on his now iconic “Make America Great Again” hats, versus $2.4 million on payroll and field organizing. Sanders has built a more conventional campaign infrastructure. His campaign, which powered him to a runaway win in this month’s New Hampshire primary, spent $82 million through the end of last month, including January payments of $13.9 million for media, $6.9 million for digital ads and consulting, and $4.4 million for payroll. His overall spending is second only to the Democratic frontrunner Hillary Clinton, whose campaign and super PAC allies have combined to spend $101 million, according to POLITICO’s analysis. But the ways in which Sanders and Clinton are raising their cash couldn’t be more different. A staggering 70 percent of Sanders' campaign’s money comes has come from donations of $200 or less, most of which are delivered online or in response to emails and text messages devised by a sophisticated digital operation that is breaking new ground in low-dollar fundraising. Just 1 percent of his donors have reached the $2,700 contribution limit, according to a POLITICO analysis of FEC filings, meaning that the campaign can continue turning to them for cash again and again. On the flip side, less than 17 percent of the $130 million Clinton has raised this cycle has come from small donors, while about half has come from maxed out donors. That puts Clinton, a longtime darling of the party’s biggest donors, under pressure to expand her small-donor base, lest Sanders continue to outraise her, like he did in January. Soon after the Associated Press declared Clinton the winner of Saturday’s Nevada caucuses, her campaign texted supporters urging them “to say you’re with Hillary” by donating $1. “Together, we can win the nomination, but only if we all pitch in.” Her campaign finished January with a healthy $33 million in the bank, though it also reported owing $1.1 million in debt, including $377,000 to a charter airplane service, $218,000 to her ad buyer and $117,000 to the firm of her pollster Joel Benenson. And the former Secretary of State also donated $100,000 of in-kind payroll, benefits and computer equipment to her campaign, bringing her total self-funding to $468,000 for the cycle.

But perhaps the best example of the limitations of big money comes from Jeb Bush, the former governor of Florida. He suspended his campaign for the GOP nomination on Saturday night after placing a distant fourth in South Carolina, despite a campaign and a super PAC that combined to spend $125 million through the end of last month. Rival fundraisers immediately began making appeals to Bush’s major donors. But several of them expressed leeriness about stroking more big checks, given the utter failure of Bush’s deep-pocketed apparatus to build popular support for Bush. “I’ve got to reassess my understanding of the process, and how it’s worked this time. It has worked so much differently than it has before,” said Fred Zeidman, a Houston private equity investor who donated to Bush’s super PAC and campaign, and also raised money for the campaign. “I still don’t fully understand the successes of the non-traditional candidates on both sides. There is a new paradigm, and I think we’ve got to wait until this whole thing is over ― until after the election ― and see where this took us.”

Read more: http://www.politico.com/story/2016/02/super-pac-fec-campaign-spending-2016-219579#ixzz40oifcIoV


TOPICS: Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: celebrity; celebritymedia; cult; freemedia; media; mediachoosegop; mediachoosesgop; realitv; realitytv; saywhatwewant2hear; showbiz; trump; trumpcult; whitekanye; whiteobama
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Comment #21 Removed by Moderator

To: jpsb

I have not yet begun to campaign....Donald J trump


22 posted on 02/21/2016 8:24:00 AM PST by Bobalu (I'm spitting on my hands, and hoisting the black flag!)
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To: Yo-Yo

Trump has the message. It’s getting better week by week. I like his position that as a deal maker, he has to remain neutral when he’s bringing the Israelis and Palestinians to the bargaining table, otherwise how can both sides trust him? He made clear his support in the past for Netanyahu and a certain Israel parade, as he said on NBC this morning. He sounds like he’s looking forward to brokering a peace deal when he’s President.


23 posted on 02/21/2016 8:25:15 AM PST by Ciexyz (Vote Trump)
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To: AFreeBird

https://m.youtube.com/watch?v=EgWVGNmORJs

This is a good insight into how Trump works and the people he hires


24 posted on 02/21/2016 8:26:57 AM PST by Hojczyk
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To: AmericanProudDad

A Trump EO taking out JFK’s collective bargaining EO pretty much make it open season on the bureaucrats


25 posted on 02/21/2016 8:30:32 AM PST by Despot of the Delta (It's time for Trump to become Vlad the Impaler. I want Progressive/Globalist/Establishment heads)
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To: TigerClaws

Everyone else is playing with house money so it really doesn’t matter to them how much they spend. It’s the peoples money anyways. This is basically how they run government


26 posted on 02/21/2016 8:32:36 AM PST by wiseprince
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To: Bobalu
Here is a source for the Trump being on schedule and $40 million under budget.
http://wzid.com/news/042240-trump-campaign-under-budget/
‘Donald Trump says his campaign is $45 million under budget as he enters the second race of the presidential nomination process.’
Mr. Trump is slapping the snot out of the establishment, GOPe,
DeRps, media, pundits... and doing it for cheap with using their own greed and ignorance.
Go, the Donald.
TWB
27 posted on 02/21/2016 9:02:11 AM PST by TWhiteBear (i)
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To: moovova

Has anyone considered that some of the media hatred for Trump comes from the fact he isn’t taking calls from their ad sales team?


28 posted on 02/21/2016 9:32:13 AM PST by BlueNgold (May I suggest a very nice 1788 Article V with your supper...)
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To: Scrambler Bob
With the media on his side.

Keep telling yourself that. You'll have to, as no rational person would say such an uniformed thing to you.

I will give you this though, even though the Media is against him, they are paying for his campaign.

Who is paying for your guys campaign?

Oh, I forgot, your guys OWNERS are.

29 posted on 02/21/2016 10:03:39 AM PST by Balding_Eagle ( The Great Wall of Trump ---- 100% sealing of the border. Coming soon.)
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To: AmericanProudDad

and are protected by civil service rules and fellow bureaucrats in the gov’t.

++++

So we are told. Trump buys bad contracts and makes them good.

I’ll bet there is an ‘outside the box’ solution to the very real problem you touched on.


30 posted on 02/21/2016 10:09:47 AM PST by Balding_Eagle ( The Great Wall of Trump ---- 100% sealing of the border. Coming soon.)
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To: Hojczyk

Yea, I’ve seen that.


31 posted on 02/21/2016 10:15:11 AM PST by AFreeBird (I miss my dad, but I'm real glad he's not around to see what's going down.)
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To: BlueNgold

And, the REALLY funny thing is... the MSM is providing Trump with free advertising... every time they mention the word “Trump”.


32 posted on 02/21/2016 10:51:32 AM PST by moovova
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To: samtheman

Why Trump won South Carolina:

No one more conservative than Trump on building the Wall.

No one more conservative than Trump on deporting ALL ILLEGALS.

No one more conservative than Trump on stopping hemorrhaging Trillion dollars EVERY year from American economy in foreign trade deficits.

No one more conservative than Trump on stopping Trillions spent in middle-east wars with borrowed money from China, Japan & EU.

No one more conservative than Trump on taking better care of Vets.

No one more conservative than Trump on stopping influx of UN-Vetted Muslims entering the country.

Cruz and Rubio are certainly more conservative than Trump on social issues. But the voters are obviously not looking for a pastor to be commander in chief.


33 posted on 02/21/2016 11:02:29 AM PST by entropy12 (When you vote, you are actually voting for the rich donors!)
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To: AmericanProudDad

If Reagan could fire the air traffic controllers, Trump can (and will) fire the entrenched parasites infesting every level of the federal bureaucracy.


34 posted on 02/21/2016 12:29:15 PM PST by Windflier (Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
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To: John Robinson; Jim Robinson

John, we’re begging you. Please fix the character set issue. It’s been broken for far too long.


35 posted on 02/21/2016 12:31:51 PM PST by Windflier (Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
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To: BlueNgold
Has anyone considered that some of the media hatred for Trump comes from the fact he isn't taking calls from their ad sales team?

Probably half the problem they have with him. The other half being that they are fifth-columnists, and deathly afraid of being outed by Trump.
36 posted on 02/21/2016 12:38:55 PM PST by Eisenhower Republican (Queeg is gone. Keefer's next.)
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To: TigerClaws

Trump is spending campaign money like a business CEO; the others are spending campaign money like politicians.


37 posted on 02/21/2016 12:42:41 PM PST by Joe 6-pack (Qui me amat, amat et canem meum.)
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To: grania

I was wondering what planet Scrambler inhibits. The ‘media’ I come across detests Trump with a white hot passion. They foam at the mouth and make fools of themselves doing it.


38 posted on 02/21/2016 11:52:37 PM PST by AllAmericanGirl44
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To: grania

All the polls are bogus at this time.


39 posted on 02/22/2016 4:41:12 PM PST by Scrambler Bob (As always, /s is implicitly assumed. Unless explicitly labled /not s. Saves keystrokes.)
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To: DoughtyOne

Those thousands give him press. Negative from the media is really positive.


40 posted on 02/22/2016 4:43:10 PM PST by Scrambler Bob (As always, /s is implicitly assumed. Unless explicitly labled /not s. Saves keystrokes.)
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