Donald Trump collects money faster as an election loser than as a candidate during the presidential fight.
On Tuesday evening, Rachel Maddow pointed out that Trump has raised $ 170 million since the election – most of it going to a slush fund that the outgoing president can use to finance his personal expenses.
“He can use it to pay for everything, including his personal expenses like food and travel and rent and haircuts and makeup and very baggy pants and very long ties,” said the MSNBC host. “He can even just take the money as income for himself.”
Rachel Maddow: Trump uses election fraud conspiracy theories to raise money that goes into a personal slush fund. #maddow pic.twitter.com/1MVzexdxiK
– PoliticusUSA (@politicususa) December 2, 2020
If you want to put that $ 170 million into context, it means that Trump and these people found a way to use those conspiracy theories about the election to raise money in a way faster than they did before the election . Think about it. It turns out that they figured out how to get more money out of their followers by losing the election and making up scary stories about it than they could squeeze out of them by actually just trying to win the election right in advance . Over $ 170 million. This goes beyond Trump’s wildest dreams when it comes to how much more he can get out of people. And where does the money go? It’s not that hard to figure out. It’s there in the fine print. It turns out that a large chunk of that money goes to the Republican Party. This will now be the Republican Party’s financial DNA as it moves forward. It is also true that a small portion of that money will go towards these space conspiracy theory lawsuits that they are still filing across the country. But most of it goes to what Trump himself calls the leadership PAC. And a PAC for executives in this case is basically a slush fund for the president himself, with which he can not only pay for political activities. He can use it to pay for his lifestyle. He can use it to pay for anything, including his personal expenses like food and travel and rent and haircuts and makeup and very baggy pants and very long ties. He can even just take the money as income for himself. He can just pay off with that $ 170 million slush fund he’s building from these conspiracy theories and crazy job lawsuits. Nice job if you get it, right?
There is no money in a graceful concession
Almost every loser in every presidential election in American history has conceded when it was clear he or she lost, but Donald Trump uses this post-election time to raise money for his personal piggy bank.
He’s not pushing for unsubstantiated conspiracy theories because he genuinely believes widespread electoral fraud has cost him a second term. He does it because he knows his loyalists believe him and will open their bank accounts for him.
Trump shakes off his most ardent supporters on the way to the door.
Ultimately, Donald Trump knows he lost the election to Joe Biden, but he also seems to realize that if you deny that loss, you can make money.
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Sean Colarossi currently resides in Cleveland, Ohio. He received his Bachelor of Arts in Journalism from the University of Massachusetts Amherst and was an organizing fellow for both of President Obama’s presidential campaigns. He also worked with Planned Parenthood as the Outreach Organizer of the Affordable Care Act in 2014, helping Northeast Ohio residents get health insurance.