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Sko Hayes's avatar

CNBC is reporting a fall off in small donor donations to Trump. Has he mortally wounded his flock of Golden Geese?

Comer had a meltdown yesterday as one of his (former) star witnesses dished on Trump cronies like Giuliani in the impeachment hearing. As Jamie Raskin put it, they have more evidence for a 3rd Trump impeachment than they do for impeaching Biden.

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Ellen Thomas's avatar

I'm assuming that Trump is assuming that Putin and MBS and others will fill the funding gap with election interference strategies, just like in 2016, and, as Lev Parnas testified, 2020.

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John Robert's avatar

As SandyG points out, the recent judgments against Trump raise serious questions as to whether he's a national security risk. He has been reported to have failed so far to secure required surety bonds to prevent judgment creditors from beginning execution efforts against whatever assets he does have.** The fact that he has not been able to put up the collateral demanded by the 40 or so surety companies that have turned him down should cast real doubt about his financial condition. If he is able at the last minute to come up with the bonds after being unable to do so, financial reporters should look carefully at the transactions for any opportunities for concealing involvement of foreign interests.

** Trump no doubt learned from a master at concealing assets from creditors. A company I worked for years ago had a judgment against Roy Cohn going back decades. The company was never able to find 𝘢𝘯𝘺𝘵𝘩𝘪𝘯𝘨 Cohn owned on which to levy.

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SandyG's avatar

Will we know who bails him out? If so and it's a foreigner, they will own him. The president of the US! Biden's ads write themselves.

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David Court's avatar

Putin clearly already does.

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Kate Fall's avatar

See, Trump made a classic blunder in letting other people make and sell MAGA merch. He should've locked that down like Disney with Mickey Mouse. He'd really be a billionaire. By the way, can you trademark a presidential campaign?

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Sko Hayes's avatar

I actually think he's trademarked his name, because people used to pay him to put his name on their hotels.

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Deutschmeister's avatar

Clearly there is a limit to how many times you can go back to the well when all you are offering is ugly shoes, shirts and coffee cups with your mug shot on them, and stupid trading cards, too often priced well beyond the range of realistic for people who truly are concerned about little things like cost of living and saving for the future. As for charging for more grievance and victimization, well, they can get that for free every day, every time that he opens his mouth and a camera and microphone capture it. It is classic law of diminishing returns kicking in fiscally. Now if only the same inevitably would happen electorally as well.

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SandyG's avatar

RE diminishing returns, I've read recently about the history of populist, anti-government movements. They end eventually.

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Amanda's avatar

A fall off in small donor donations -- I hope that's true! His rip-off of vulnerable little guys is one of the ugliest parts of this business IMO.

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Colleen Kochivar-Baker's avatar

Lev Parnas was taking no prisoners and AOC was en fuego. Even Fox gave up on the clown show and cut off it's live coverage.

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