Brilliant! You just summed up in a pithy sentence why the Democrats win elections with candidates like Fetterman and Biden and why they win so often even though on the wrong side of issues.
Posted on 03/16/2023 7:40:22 PM PDT by SeekAndFind
* MyPillow CEO Mike Lindell told Insider he had to borrow $10 million in 2022 to keep MyPillow afloat.
* Lindell said he'd also sold a building for $2 million and borrowed a further $2 million for himself.
* Lindell says he's burning through $1 million dollars every month on causes related to voter fraud.
* Mike Lindell, the CEO of MyPillow, says he had to borrow $10 million in 2022 just to keep his pillow company afloat.
Speaking to Insider on Wednesday night, Lindell said that to keep MyPillow going, he borrowed "about 4 million in May, 2 million in the summer, and 4 million in September."
And on top of that, Lindell said he's personally been borrowing money to stay liquid, too.
"I sold a building I had in Savage, in Minnesota, in October," Lindell told Insider. "And I had to borrow 2 million too. I've spent it all on fighting for this country."
Lindell told Insider that some creature comforts — like his private jet, which had a door come off it in October — haven't been sold yet.
"I have to get around, you know," Lindell said.
Lindell declined to reveal who loaned him the money but told Insider that a majority of the borrowed cash had gone to defending MyPillow against the lawsuits filed against the company. One of the major ongoing lawsuits is a $1.3 billion defamation lawsuit from Dominion Voting Systems, which cites both MyPillow and its owner, Lindell, in the case.
(Excerpt) Read more at news.yahoo.com ...
Mike needs stop. Trump needs to tell trump to stop. $ does not equal results. Lawyers are next to worthless but require huge sums of money.
We need more Mike Lindells. I buy sheets and slippers and pillows and towels and dog beds regularly for Christmas gifts. Hope it’s enough.
Personally I don’t think the machines are the issue it’s the people running the machines that are the problem, eliminating the machines with the same people running the crooked system and the cheating won’t stop and the results won’t change
Until you win more elections and change the laws that allow cheating the system won’t change, machines or no machines
See, if Lindell had manufactured his pillows as flotation devices, he could easily keep afloat.
That’s the last one. I promise.
Um, cough, cough - I never noticed. /sarc
Brilliant! You just summed up in a pithy sentence why the Democrats win elections with candidates like Fetterman and Biden and why they win so often even though on the wrong side of issues.
There are so many grifters and con men on our side, unfortunately.
I still haven’t gotten over how quickly the Tea Party protests were co-opted into “Tea Party Organizations” with “tea party founders” as leadership.
Sigh - go ahead and sneer down at one who actually tried to do something....
The Left is happily putting him out of business.
interesting, but constrained by law? The RNC did have money set aside for fraud.
The Trump campaign has a recount fund, but the money won’t go to it unless someone gives more than $8,333. Rather, 60 percent of a donation up to that amount for Trump’s “Official Election Defense Fund” is routed to a new PAC started this week by the president that can pay for a wide range of activities — but is likely legally barred from spending on recounts, lawyers say. The remaining 40 percent goes to the Republican National Committee, which is allowed — but not required to — spend on the recount. Prior to Tuesday, the majority of a donation went to helping Trump’s campaign cover its debt.
https://www.politico.com/news/2020/11/12/trump-fraud-claims-fundraising-436188
Trump has not personally gone bankrupt. A small handful of his hundreds of companies went bankrupt.
the Best stuff is always beyond my budget and I can’t use a soft pillow at all. I did, however, for the first time in over 50 yrs buy 2 pairs of winter slippers. I get them today. If they fit right I will get my kids some also.
He did. God bless him for his effort and his life struggles that, I pray he can continue to overcome.
He’s blowing too much ad money on Fox.
Every televangelist says they’re broke too.
MyPillow will be a classic business school study. “How to turn fantastic success into fantastic failure”
Lindell produced a classic product that he hawked continuously on TV. He did a really fantastic sales job. Alas, he saturated his market for pillows and of course, sales disintegrated.
He then needed to keep the cash machine running and found new products to sell. He tried to sell sheets made from foreign sourced cotton and shoes for wear at home. He was in the retail, retail business now having no control over the products he was buying and then reselling.
He chose to believe that as super salesman he could sell at outrageous markups and his market would hold up. It didn’t.
Ultimately he was forced to discount his inventory to recover the invested cash. He revealed the scam to his customers. He reduced the price on the sheets made from nonAmerican cotton from $89 to only $39. It is not known if he was able to sell off the unsalable inventory.
Now he has reverted to the original model selling pillows. These are new and improved pillows using special threads that are said to be temperature sensitive and thus wonderfully sleep inducing.
And now, we learn he is running short of cash. One only wonders how much of his MyPillow cash was blown buying unsaleable sheets and shoes
You can’t go to Walmart if they closed their store where you live
I bought many items from MyPillow and I suggest everyone do so. It is a very good product.
There are other Walmarts, just a bit further away.
I don’t think he should bankrupt himself over this.
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