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kleinbl00  ·  2863 days ago  ·  link  ·    ·  parent  ·  post: Domenico Montanaro: Donald Trump's Problems Are Much Deeper Than A Campaign Manager

C'mon now.

Trump's dead broke campaign has been paying Trump's companies a lot of money

Trump's self funding includes payments to himself and companies

Google will find you plenty of similar stories. Look up "Hollywood accounting" for further info. It's like this:

I'm gonna run for president. I'm going to need to fly around. Good thing I own a plane! So I'm going to donate my plane's services to myself... and I'm going to report that donation at $5000 an hour. Now - it might only cost me $1000 an hour to fly that plane, but the theoretical rack rate for my plane is pretty much the bleeding edge of ridiculous, so I'm going to mark it up 5x. Lo and behold. A two-hour flight in my own plane becomes a $10k "self-funded campaign donation."

Now I get to raise money to pay for my campaign - which is expensive. After all, it costs me $5k an hour just to fly from event to event! And I have to pay back the good donors that are helping me fight the good fight. So my plane is going to get back $10k for every two hour flight.

And just like that, I get to suck down $4k in profit every time I fly an hour in my own damn plane. Multiply by everything.

    The FEC report shows the campaign now owes Trump $45.7 million, after he lent an additional $2.2 million last month. Trump's lending produced four of every 10 dollars in May receipts. Trump, who claims to be worth more than $10 billion, says he plans to rely on donors to fund his fall general election campaign.

Would... you mount a failed bid for president if you could pocket even ten percent of $45.7 million? I would. And I hate public speaking. Trump? I don't think he exists unless there's a camera pointed at him.