this post was submitted on 31 Aug 2023
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His key fund has spent nearly all of the more than $150 million it raised, and is sitting on less than $4 million, according to the latest numbers available. He’s already dug into his fund for 2024 ads, and borrowed money to post bail in Georgia. And some of his allies are begging for donations, saying he won’t pony up.

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[–] FlyingSquid@lemmy.world 119 points 1 year ago (1 children)

And some of his allies are begging for donations, saying he won’t pony up.

HE NEVER DOES! How do these idiots not know that? He's famous for not paying what he owes.

[–] lobut@lemmy.ca 48 points 1 year ago

Obligatory: why would the leopard eat MY face??

[–] pHr34kY@lemmy.world 79 points 1 year ago (1 children)

How ironic. "Running out of other people's money" is a term that Trumpers use to describe communism.

[–] MxM111@kbin.social 9 points 1 year ago

It’s a communism for one person.

[–] Chainweasel@lemmy.world 69 points 1 year ago (6 children)

I think it's hilarious that he's supposedly a billionaire yet the RNC and their various related PACs are willing to go broke for him even though he is unpopular enough that the candidates he endorsed lost in the midterms. He's losing them elections left and right and yet they still can't stop themselves from throwing money at him.
He's like King Midas but everything he touches turns to shit.

[–] downpunxx@kbin.social 46 points 1 year ago (1 children)

he packed the court, he personally killed roe, and he gives americans they hate the most, women/brown people/homosexuals nightmares. he is their god. they don't care about anything else. racists would throw their own children into fire if it meant mud people might get it worse than they have it now. it really is that simple.

[–] reverendsteveii@lemm.ee 5 points 1 year ago

you say stuff like, uh, forced busing, states’ rights, and all that stuff, and you’re getting so abstract. Now, you’re talking about cutting taxes, and all these things you’re talking about are totally economic things and a byproduct of them is, blacks get hurt worse than whites.…

Lee Atwater, on how the Republican party wins the votes of racists without appearing blatantly racist

[–] teft@startrek.website 29 points 1 year ago (1 children)
[–] MxM111@kbin.social -2 points 1 year ago (1 children)

In reverse. Everything he touches goes to shit.

[–] EvilBit@lemmy.world 22 points 1 year ago

“Mierda” is Spanish for “shit”.

"If we nominate Trump, we will get destroyed, and we will deserve it." - Lindsey "Spineless" Graham.

But you see, he’s only broke because the very very mean libs stole the election from him which forced him to try to overthrow the government. Then they led all kinds of witch hunts against him after he tried to show that he was right and expose election fraud. None of this is his fault!!! He’s innocent! He averted nuclear Holocaust!! /s

[–] 8BitRoadTrip@lemm.ee 0 points 1 year ago

King Shidas

[–] maniajack@lemmy.world 37 points 1 year ago (1 children)

What the fuck I thought Super PACs were not allowed to coordinate with the candidate...right? ....right? The supreme court's awful Citizens United ruling completely fucked over this country.

[–] TechyDad@lemmy.world 32 points 1 year ago

It's a violation, but at this point they're openly flouting campaign finance laws. Usually, a campaign and their PAC will have "secret" places to publicly share documents that are technically public but only known to the campaign and the PAC. For example, they might have a site called Artichoke-And-Orange-Juice-Recipes dot com which would have various recipes posted. However, if you go to /recipes/other/political/campaigns/2023/abcd-5678-totally-public-stuff/ one side would post documents for the other side to grab. It's technically not coordinating since anyone could grab those documents, but only they know about that URL so practically speaking it's coordinating secretly. However, for the debate, DeSantis' PAC posted debate prep notes openly for DeSantis to use.

Also, a DeSantis PAC has been paying for stuff like a campaign bus for DeSantis which shouldn't be allowed.

Meanwhile, Republicans want to loosen the regulations so that PACs could coordinate openly with the campaigns with no restrictions.

[–] ArugulaZ@kbin.social 30 points 1 year ago

Good, and also fuck him. Time to go to prison now, Donald.

[–] TransplantedSconie@lemm.ee 26 points 1 year ago

Oh no!

Anyway....

[–] Vertelleus@sh.itjust.works 22 points 1 year ago (2 children)

Time for another round of Trump NFTs...

[–] MataVatnik@lemmy.world 5 points 1 year ago

Or to take funds from foreign governments. It would be nothing to them if Trump loses, but if he wins they'll own him forever.

[–] athos77@kbin.social 1 points 1 year ago

You mean openly transferring ~~bribes~~ wealth to someone else, someone who needs a clear trail of where the boatloads of money came from.

[–] LEDZeppelin@lemmy.world 21 points 1 year ago (1 children)

Russian money ain’t worth as much as it used to be

[–] Pons_Aelius@kbin.social 12 points 1 year ago

Trump ain't worth as much to Russia as he used to be.

[–] Treczoks@lemmy.world 11 points 1 year ago

Any cent wasted on lawyers will mean less money on ads. I think many people will be thankful for seeing less of his face next year...

[–] inclementimmigrant@lemmy.world 10 points 1 year ago

Oh please. There's still plenty of grift left and I hope they continue to get grifted by this living spam email.

[–] starrox@sh.itjust.works 10 points 1 year ago

Hilarious and disgusting in equal measures.

[–] FoxBJK@midwest.social 9 points 1 year ago (1 children)

And yet every time something happens to him he gets millions in donations. Does he even need to advertise? Even if he’s broke I doubt he’d drop out of the race, he’d just make people work on credit and then not pay.

[–] kescusay@lemmy.world 35 points 1 year ago (3 children)

The astonishing thing here is that this would probably work. I have no idea how he continues to convince people that 1) he's rich, and 2) he'll bother paying them if he's not forced to, but somehow there keeps being people willing to throw their lives away for him.

I still have trouble with that. People willing to throw their lives away for Donald fucking Trump, the failed real-estate tycoon and D-list celebrity weirdo with the underage "beauty" pageant. That guy? That guy commands an army of people desperate to do his (unpaid) bidding?

What the actual fuck?

[–] cassetti@kbin.social 31 points 1 year ago

Donald Trump is a poor man’s idea of a rich man, a weak man’s idea of a strong man, and a dumb man’s idea of a smart man.

[–] givesomefucks@lemmy.world 13 points 1 year ago

Con man is short for confidence man...

There's always been a lot of people who will fall for obvious scams because they assume anyone that's confident is capable.

They aren't the best with higher logic, so they tend to take everything at face value. And that's been exploited for probably longer than humans have had language

[–] scytale@lemm.ee 6 points 1 year ago (1 children)

He has become mythological to his fans. Like when you see those Chuck Norris memes, except they believe everything they see/read about him without looking past the surface.

[–] AngryCommieKender@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

I'm firmly convinced that when he eventually keels over from an inevitable Big-Mac Attack, that his rabid followers will take that as a sign to "start the civil war."

I expect that cities are going to see a surge of domestic terrorism just after fatty McBabyhands croaks.

The weirdest thing is that it won't be limited to the US, and I really don't understand foreign Drumph supporters

[–] WaterWaiver@aussie.zone 8 points 1 year ago* (last edited 1 year ago) (1 children)

These two paragraphs in a row are weirdly similar:

His key fund has spent nearly all of the more than $150 million it raised, and is sitting on less than $4 million, according to the latest numbers available. He’s already dug into his fund for 2024 ads, and borrowed money to post bail in Georgia. And some of his allies are begging for donations, saying he won’t pony up.

After raising more than $150 million, his key fund is sitting on less than $4 million, according to the latest numbers available. He’s already dug into his 2024 super PAC, and borrowed money to post bail in Georgia. Some of his allies are begging for donations, saying he won’t pony up.

Am I seeing both the article and a preview version of the article? Or maybe the author was under time/etc pressure and left a duplicate drafted paragraph in? It doesn't seem ML generated as far as I can tell.

The next two paragraphs end with similar sentences too.

[–] AngryCommieKender@lemmy.world 4 points 1 year ago

I think your browser just displayed it weird. I'll copy/paste for you, but this is what I got.

Trump is running out of other people's money to pay lawyers. Save America PAC is almost broke

Save America spent most of the $156.4 million it raised.

 Erin Mansfield

USA TODAY

Former President Donald Trump is running out of other people's money to spend on his legal bills, which could total in the tens of millions of dollars if he takes all four of his criminal cases to trial.

His key fund has spent nearly all of the more than $150 million it raised, and is sitting on less than $4 million, according to the latest numbers available. He’s already dug into his fund for 2024 ads, and borrowed money to post bail in Georgia. And some of his allies are begging for donations, saying he won’t pony up.

White collar criminal defense attorneys who spoke to USA TODAY estimated his legal bills will total millions, if not tens of millions, largely because he is defending against four criminal cases, but also because of his notoriety.

Zachary Smith, who practices criminal defense about 40 miles from Atlanta, said Trump could spend $500,000 to $1.5 million on a local lawyer for his racketeering trial. He said the case could effectively shut down a small law firm for months while they take the case, and the firm would charge a premium based on Trump’s notoriety.

Danya Perry, a defense attorney and former federal prosecutor in New York, said a two- or three-week trial can easily cost $10 million. She highlighted the complexity and magnitude of the Fulton County case as particularly expensive.

Bruce Udolf, a former federal prosecutor and criminal defense attorney in south Florida said elite lawyers may charge a flat fee whether or not they see the case to completion. Others may charge between $10,000 and $30,000 per day for trial. “I can’t see most top-level white collar lawyers doing it for less than $2 or $3 million,” he said.

There’s the question of how many lawyers Trump has at his side in the courtroom in each case, Udolf said, and the complexity of the law. Udolf said he has tried racketeering cases, and that the ”unwieldy” nature of the indictments can increase the length of the trial “exponentially.”

Sara Kropf, a partner at a small criminal defense firm in Washington, D.C., said the hourly rate for these types of lawyers at large firms in her area is around $2,000. In addition to paying them to go to trial, they need to go through discovery documents, filing pretrial motions, and preparing witnesses, she said.

“Easily, easily, within the millions of dollars,” Kropf said. “And that’s for each separate case. And we’re talking about four indictments. You’re easily in the tens of millions of dollars. It’s kind of staggering, honestly, to think about how much he would be spending.”

Is Trump broke?

Trump’s main account that pays for legal fees, Save America, doesn’t have that kind of money. It’s spent almost all of the $154.6 million it raised since the 2020 election and had $3.7 million in the bank at the end of June.

The PAC spent it biggest chunk of money, $60 million, making transfers to Trump’s 2024 campaign super PAC, Make America Great Again, Inc. But in May and June, as his legal entanglements grew, that super PAC refunded $12.3 million back to Save America. Without those transfers, Save America would’ve been in debt.

Save America has mostly been working with money it built up prior to Trump’s re-election declaration in November. Even though Trump’s campaign boasted raking in record amounts of money from his first two indictments in New York and Miami, records show that only $3.8 million of that went to Save America, while $33.1 million went to his presidential campaign.

During that same time period, Save America spent $21.6 million on legal expenses, the vast majority of the $38.4 million Save America has spent on that category since November 2020. And criminal defense lawyers haven’t been the only expenses for Save America.

Throughout 2022, Save America paid for lawyers for allies who testified in front of the House Jan. 6 Committee, like former White House aide Cassidy Hutchinson. It’s spent tens of millions more on travel, payroll for aides to Trump and former First Lady Melania Trump, event production, and attempts at putting election deniers in local office during the 2022 midterms.

Trump signaled to his followers that his legal fees were draining him in an Aug. 12 tweet on Truth Social. Without evidence, he accused President Joe Biden of using the legal system to prevent Trump from having the money to run advertisements against him. 

Make America Great Again, Inc. could transfer more money back to Save America; it ended June with $30.8 million. His official campaign account was sitting on another $22.5 million. However, transfers from either account would reduce his competitiveness in the Republican Primary.

The super PAC backing Florida Gov. Ron DeSantis, running against Trump, ended June with $130.6 million, or about $100 million more than Make America Great Again, Inc.

Trump’s personal wealth has been hard to pin down over the years, but Forbes most recently estimated it at $2.5 billion. Most of the wealth was in real estate, and $425 million was cash.

Udolf said if Trump is as rich as he says he is, he shouldn't have trouble paying from his own pockets.

“He says he’s a billionaire,” Udolf said of Trump. “If that’s the case, it’s certainly not going to be that much money.”

Codefendants beg Trump for money

Save America did not respond to a request for comment about whether it has the money for Trump’s defenses in Georgia, D.C., Miami and New York, or whether it was paying legal fees of Trump’s 18 codefendants in Georgia.  

Trump posted surety bonds totaling $200,000 in Georgia, according to records from the Fulton County Jail, meaning he sought the help of a bail bondsman to finance his release. Bail bondsmen typically require a defendant to put up 10% of the bond amount in cash, saving the person from shelling out the other 90%.

The vast majority of codefendants are hiring lawyers without previous relationships with Save America, according to a review of records from the Fulton County court and the Federal Election Commission.

Only the lawyers representing Mark Meadows in seeking to move the case to federal court come from a firm that has received money from Save America in the past. That firm is McGuireWoods LLP and received just under $900,000 through June 30. (Records do not indicate whose representation, if any, Save America was financing.)

Four are receiving help through the Christian crowdfunding platform GiveSendGo. They are John Eastman, the constitutional scholar who created a legal theory to help Trump claim victory; Jeff Clark, the acting attorney general Trump placed to help swing the election to him; lawyer Jenna Ellis who was involved in efforts in Pennsylvania; and fake elector Cathleen Latham.

Ellis, whose lawyer did not respond to a request for comment, has been promoting her GiveSendGo page on X, formerly known as Twitter, and asking if Trump would fund the codefendants’ legal expenses if he were to get the nomination. Prominent anti-abortion activist Abby Johnson has also promoted her page.  

“No word from Trump,” Johnson wrote. “Nothing to defend these people who worked so hard for him. Not a dime of his money to fund their defense. Nothing. He has thrown all of them under the bus to prop himself up.”

[–] imgonnatrythis@lemm.ee 7 points 1 year ago

When your PAC gets drained not advancing any of your political ideals but instead trying to bail your candidate out of prison, you might want to pick a new piece of shit to throw your money at.

[–] JustZ@lemmy.world 6 points 1 year ago

Wow Bernie still has a bigger war chest from 7 years ago.

[–] zabadoh@lemmy.ml 4 points 1 year ago

That Trump is actually paying his lawyers is the real news.

The corollary is "You get what you pay for"

[–] Rayspekt@kbin.social 2 points 1 year ago (1 children)

As funny as this is, how much money do these lawyers take?

[–] bassomitron@lemmy.world 19 points 1 year ago (2 children)

You have to consider the scale of his indictments and the severity of the charges. Additionally, he's one of the worst clients you could have as a lawyer since he never shuts the fuck up and is constantly incriminating himself. That, combined with famously never paying bills, creates a perfect storm where most competent firms won't want to take your case. And those that do, are going to require that you pay enormous fees upfront due to all the reasons listed above and then some. Like, the dude was literally caught red handed in a couple of the cases (i.e. literally having dozens of highly classified documents in your bathroom). Proving his innocence is going to be very difficult.

[–] Rayspekt@kbin.social 2 points 1 year ago

Yeah sounds reasonable. Let's hope that his lawyers aren't worthy their money because for that sum I'd they should get all charges dropped against Cain for murdering Abel.

[–] Project_Straylight@lemmy.villa-straylight.social 2 points 1 year ago (1 children)

Ok he might be guilty af in multiple cases, but the question remains how do you spend 150 million on lawyers in three years? Either he's getting fleeced or, more likely, he's siphoning off most of the money

[–] themeatbridge@lemmy.world 6 points 1 year ago

how do you spend 150 million on lawyers in three years?

You commit a fuckton of crimes. 91 criminal charges in four different courts. He committed crimes in Florida, Georgia, New York, and Washington D.C. Federal and State crimes, probably international crimes as well but we're only getting started.

[–] TheDramaLlama@lemmy.world 1 points 1 year ago (1 children)