GOP insiders who have examined presumptive nominee Donald Trump’s most recent Federal Elections Commission filing–complete with dozens of payments to Trump–are now saying they’re convinced the Trump campaign may be nothing more than a scheme to enrich the real estate magnate.
Just the fact that Trump’s campaign only reported $1.3 million cash on hand–compared to Hillary Clinton’s $42.5 million–sent shock waves through the Republican Party. Republican pollster Whit Ayres remarked:
“It’s low for a Senate race, much less a presidential race.”
And former Republican National Committee counsel Charlie Spies said even if Trump kicks the campaign into high gear and begins an all-out fundraising blitz, it may well wind up being too little, too late:
“Republicans have been hoping that the Trump team would put together an organized fundraising effort, and in mid-May they were saying the right things about bringing in experienced bundlers and donors to lead a victory effort. This report shows that that effort to date has been a failure. It’s not going to inspire donors to invest, and most importantly for donors is that Donald is still holding out the possibility of using their donor money to pay back his loans to the campaign.”
A former Bush bundler was even more apocalyptic when asked about the Trump campaign’s lack of adequate financing:
“This is a guy who lent himself $30 [million] or $40 million so chuckleheads and suckers like me would go and raise money for him and then pay himself back. This is a total fraud. He’s a fraud. There’s a universe of, I don’t know, is it 50 percent, is it 30 percent, of the bundler class, who’s not going to [contribute]. So that’s part of it. And I think we’re just not going to stick our necks out for that. This isn’t a situation like Ben Carson, where he’s blowing through money like nobody’s business. I don’t think that’s blowing through tons of money. They didn’t have a huge staff to begin with. They’re not fully staffed to run a national campaign.”
As is typical for Trump, he says there’s nothing to worry about:
“There could be unlimited ‘cash on hand,’ as I would put up my own money, as I have already done through the primaries, spending over $50 million dollars. Our campaign is leaner and more efficient, like our government should be.”
If the federal government was as lean as the Trump campaign, it would be in total fiscal default.
This article was originally published by the same author at LiberalAmerica.org.