On Thursday, the Trump campaign announced that it raised $51 million in the last week of May and the month of June—$26 million for the campaign itself and $25 million for the RNC. While there is no reason to doubt, necessarily, the accuracy of these numbers—and they are obviously a vast improvement over the campaign’s abysmal $3.1 million May fundraising efforts—it is important to remember they do not represent anything close to a full accounting of the campaign’s financial health.
After dropping some $40 million of his own money on the Republican primaries—and making a very big deal about it—Donald Trump has realized he is going to need other people’s money if he’s going to be elected president. To help him get it, he’s named as national finance chairman his business associate Steven Mnuchin, a hedge fund manager with a history of donating to Democrats and exploiting the housing crisis for his own gain.
Last October, the Wall Street Journal popped the reputation of Theranos, a much buzzed-about biotech startup that claimed to have revolutionized blood testing. As it turned out, their claims were not true—they simply hadn’t done what they’d claimed they’d done. Now, the mildly disgraced firm’s CEO is stumping for the Clinton campaign.
Jon Stewart gets a lot of emails from President Obama, as many people do, and he's kind of had it with them. As explained on tonight's Daily Show, everything is wrong with them and the overly friendly subject lines and the constant asking for money can snowball kind of quickly into something else entirely.
Who would donate to the Barack Obama reelection campaign now, when everyone hates politics and life and he's not even in a difficult primary or anything? Apparently plenty of people would! He raised $42.8 million during the third quarter for his campaign committee, and another $27.3 million for the national party.
President Obama's not the only one desperately trying to raise last minute third quarter cash with transparent buddy-buddy gimmickry. Mitt Romney's also offering the opportunity of a lifetime: A chance to spend a day with him on the campaign trail! Can you even imagine having to spend an entire day with Mittens "Willard" Romney? Who's paying who here?
The third quarter fundraising deadline for presidential candidates is today, today's the day! If you are subscribed to President Obama's campaign email or text message alert lists, you're well aware of this, because you are constantly getting emails and text messages with cutesy variations of, "So how bout those dumb Republicans, eh? Want to have dinner? Give us money right now." Here's the official recorded history of this aggressive blitz, going back a couple of weeks.
Here's just the latest sign that our campaign finance laws are healthy in every way the Founding Fathers could have imagined: A secret company that no one knows anything about has given Mitt Romney's SuperPAC $1 million and quickly dissolved into nothingness. The folks behind this fly-by-night operation are probably relaxing on a beach in Mexico by now! Oh man.
So, campaign finance! Perhaps in need of some constitutional reform, hmm? But for now, the rules of the game for presidential campaigns are that you call all of your rich friends and have them bundle donations from their rich friends, "sometimes" in exchange for access or favors for everyone in this elaborate network of rich friends. So who's on the just-released Obama bundler list?