Cash Crunch for Trump Campaign
The Financial Times reports Trump Retreats from Television Ads Amid Campaign Cash Crunch.
MSN reports Trump Money Crunch Limiting his Battleground Options.
Last month, Biden outraised President Trump in August by more than $150 million. That steep financial disparity heading into the critical, post-Labor Day period, combined with the Trump campaign’s heavy burn rate for several months previous, forced the cancellation of millions of dollars in battleground state ads. Biden countered with a major buy across television and digital platforms that went virtually uncontested in some crucial media markets.
“When you are being outspent, the key becomes training the resources you do have on the absolute crucial targets that still lead you to victory,” said Nick Everhart, a Republican media consultant in Ohio. “In a presidential race, that means not spreading spending thin and trying to keep pace everywhere but focusing it in on your absolute must-win states to hit 270.”
This month, Biden has dominated the president on the airwaves in Arizona, and Republicans say the GOP ticket is suffering there as a result.
“They were off the air for eight days in Arizona,” said a GOP operative who is monitoring the state. “It’s a big problem.”“There’s one campaign that has a grassroots operation — and it’s Trump’s,” said Jeff Burton, a Republican strategist in Texas. “He’s knocking on 1 million doors a week. Biden is knocking on zero.”
Silent Majority Not Donating?
Is Trump’s alleged the silent majority suddenly not donating?
I suggest the silent majority are donating. But they are Biden supporters, not Trump supporters.
Point-Counterpoint
Trump-Biden Point-Counterpointhttps://t.co/5nHnjirURd pic.twitter.com/J67cv0lMdr
— Mike “Mish” Shedlock (@MishGEA) September 18, 2020
Mish
The Adelsons are not being as generous this election cycle as they were in prior ones. But I don’t expect Trump to use his own money.
What should be asked is where the unaccounted for Act Blue money is coming from.
It’s easy for thinking people to forget the power of advertising. Once a message is received uncontested at the current adoption number of times (Average 24 now) the message is unconsciously accepted and even people with opinions adopt the message and incorporate it.
This is why the name calling is so powerful. “Sleepy Joe biden” “crazy Nancy” The given adjective ends up unconsciously adopted even by supporters who have a mental dissonance between their chosen beliefs and the unconscious adjective.
Uncontested advertising by one campaign will result in motivated support voters, demotivated voters on the opposite side as well as potentially swinging a small percentage of voters who were on the fence. That can be incredibly powerful.
Mish, once again is Vlad going to infiltrate Facebook with U.S. election ads and comments to influence the vote of the imbeciles who use Facebook?
Mueller charged that one russian firm who had spent 100k on Facebook ads and after they sent lawyers to fight the charges Mueller/DOJ dropped the case and claimed “sources and methods” might be compromised if it went to court.
Anybody with a brain realizes that 100k on Facebook ads had NO EFFECT in the election since Hillary and Trump and all the American Super PAC’s and Republican and Democrat parties and interest groups spent about 2 billion aka 2000 million on the election ads.
The conspiracy theory that Putin changed the election outcome in USA benefits Putin since Democrats and US media and American “intelligence” running around like headless chickens repeating Putin, Putin, Putin gives Putin POWER inside Russia because it creates impression that he is all powerful so it discourages Russian opposition from getting rid of Putin and this Putin obsession also gives Putin POWER over neighboring countries and creates enough subservience in European politicians that they also allow Putin to get away with things he would not otherwise get away with.
So Democrats, American media and US “intelligence” have been actually PROPPING UP Putin since 2016 and making him more powerful with their Russia conspiracy theories and running around for 3 years claiming “russian collusion” and now after Mueller report showed there was no collusion those same idiots are still running around claiming “Putin did it”.
Can Democrats, US media and US “intelligence” STOP working for Putin like they have done for 4 years now by claiming “Putin determined the US election outcome”?
Hey Mish, thanks for the heads up. I did not realize money was even an issue. I just sent Trump a big check. It is the least we can do as our duty as citizens to keep the leftest communists out of the White House…. The great thing is, since they gave the money to me first, it really did not cost me a thing. Half of it even came out of Democratic pockets! LOL
So, Biden has the globalists like you on his side with their money, and Trump has the American people and their votes on his side….
“Meet the new boss, same as the old boss”
— The Who, Won’t Get Fooled Again
“Every revolution evaporates and leaves behind only the slime of a new bureaucracy.”
― Franz Kafka
If an R or a D wins does anyone really feel like they have won?
Slime ball vs Slime Ball.
Too polite. Rs and D’s are both pushing us to ever larger disasters. Everybody knows this.
Every system of government does this over time. We can’t let perfect be the enemy of better.
Dare I say it’s different this time. Watch the Netflix show/documentary the Social Delima.
It takes a good look at social media and shows how you can custom feed propaganda to people for the sole purpose of wasting their time. On the current course there is no coming back from this one.
Privately owned propaganda companies.
I saw that show. But then this is just the modern form of word of mouth and rumor mongering. Of course we have to sometimes go down the wrong path to really figure out what the right path forward is. Fortunately the United States isn’t the only game in town.
If R wins this time, the game is over. Voting will be nullified, and we will become a birthright dictatorship run by idiots.
If Biden wins USA is DONE since Biden has promised open borders and Biden has promised amnesty and US citizenship for all current ILLEGAL immigrants in USA and since there are 29.5 million ILLEGAL immigrants in USA at the moment according to MIT-Yale study from 2018 this means 29.5 million new potential users of SNAP-EBT, State welfare (some states already give this to ILLEGALS by not asking for citizenship/immigration status), federal tax credits, Section-8 housing, Medicare, Medicaid, Social Security etc. which will lead to cuts in all of those programs or more debt taken by USA since USA is broke.
It will also create 29.5 million new voters for Democrats guaranteeing Democrat control of USA for the next 100 years and allowing Democrats to go FULL Bernie/AOC.
Just like Reagan’s 1986 amnesty for 5+ million ILLEGAL immigrants started and incentivized the rush of 29.5 million current ILLEGAL immigrants to USA after 1986 the Biden amnesty will attract tens of millions new ILLEGAL immigrants to USA to claim the US citizenship by lying they have been here before whatever date is the cut-off date on the Biden amnesty or waiting for the next amnesty and this flood of tens of millions new ILLEGAL immigrants will steal tens of millions jobs from Americans and further lower/stagnate wages for all of American working class even if they have a job and are not unemployed just like the 29.5 million current ILLEGAL immigrants have stolen 29.5 million jobs and lowered/stagnated wages for American working class since 1986.
The claim there are “jobs Americans just won’t do” is a LIE since all jobs can be done and would be done by Americans if the wage/compensation is at the level that it makes sense to do those jobs for Americans.
Without ILLEGAL immigrants there would be no need to discuss 15 dollar minimum wage because wages would have risen to 15 dollars and over for all jobs just through the law of “supply and demand” since there would not have been 29.5 million ILLEGAL immigrants to be used to lower/stagnate wages for tens of years like has happened and without ILLEGAL immigration lots of jobs would have moved from California and other states with large ILLEGAL immigrant populations to middle-America creating more jobs there because if one could NOT employ ILLEGAL immigrants for 8 dollars an hour the option would be either to pay 15 dollars an hour or move the company and jobs to a state that has available American workers for 8 dollars and once the wages would have risen all around without ILLEGAL immigration the situation would be that Americans would be paid 20+ dollars in Cali and 15 dollars in middle-America.
Societies in decline have no use for visionaries
Anais Nin
I am guessing the former campaign manager had a deal where he took x% of all the donation money and then spent most of the money they got through donations to collect more donation money to get himself more money.
Dude made 30+ million dollars and has been living it up and was removed from campaign manager position after rumors about his huge earnings started to spread and the Tulsa rally was failure due to TikTok fans booking a million tickets to attend it and then just 6000+ people arriving when they were expecting a hundred thousand.
One more reason for Dems -if they win the presidency and the senate- to enact an increase of Sotus members to 11 or 13, and then duly fill these seats. Time for ‘comity’ and acomodation has ended with the failed impeachment and the Kavanaugh nomination.
If Dems don’t power through the many necessary changes prior to next midterms, telling moscow mitch to just stfu, this country is over and done – all but a classic banana republic.
Easier to impeach and remove them from office anyone who says corporations are people, as self evident proof of gross mental retardation and incompetence and/or extreme predudice.
“I suggest the silent majority are donating. But they are Biden supporters, not Trump supporters.” ********* Nope. Think again. What do a number of eligible voters do in greater quantity than either of the 2 right wing pro war parties? Stay home and and voter neither. THAT IS THE SILENT MAJORITY. Why shld the silent majority of Americans who support candidates like Bernie Sanders vote for two different versions of ultra deluxe right wing warmongering Republicans? I’m amazed ANYONE would admit to voting for either of these disasters.
Ruth Bader Ginsburg could be a game changer if Trump says he’ll nominate in his next term . If he replaces now he’s wasted it
He might have to wait til next term anyway based on how the Republicans didn’t let Obama appoint Merrick Garland back in February 2016 because we were too close to the election. Kermit the frog (Mitch) called it the Biden rule, since Biden threatened that during Bush’s term. Now he’s going to have to eat his words and say that doesn’t apply.
Actually the Mitch position was that since 1880’s no supreme court judge has been nominated and selected in an election year when the Senate majority and Presidency have been with different parties.
This time senate majority is Republican and President is Republican so the nice groundwork Mitch laid to stop Garland under Obama does NOT stop Republicans from picking a new judge to fill Notorius RBG’s spot.
He made that argument also, but he was happy to quote Biden. Anyway, how many times had that actually happened with all those conditions in place? I do think it’s in poor taste that her body is still warm and the R’s are looking to fill her spot; they could’ve at least waited until Monday.
Just to be clear, the American people get the government we deserve. I of course hate both parties and find it humorous that people even here (whom I would assume would be much more savvy) debate the merits between these two groups of losers- like debating whether you want to eat dog sh-t or cat sh-t. I of course will make my vote count and demonstrate my distaste by yet again voting L, and it will be the first time I’ve voted for a woman for president. I learned my lesson when I was 18 and voted for the first Bush, since that disappointment I’ve never looked back.
Here in Colorado we have Covid-19, air so full of smoke that my six year-old granddaughter can’t go out for recess, and now the largest volcano in the world, Yellowstone (long overdue) is having swarming earthquakes. Fortunately for Mish (he moved to Utah) and me, we will be gone in six hours. You guys, not so lucky.
The smoke finally let up in Portland today, I’ve never been so happy for rain. Good luck.
He’s competing for blood from people who are also being harvested by GM Finance and some megachurch or greasy tv preacher. There is only so much to go around.
Who watches TV with ads?
My mom, and brother. It’s maddening.
old f**kers that vote
the onslaught of corrupt democratic(racist hater) advertising is nauseating
listening to criminals like Mark Kelly – with owner tencent – he got building around defense contractors
COMPLETELY ILLEGAL ACTION by Mark Kelly
then he accepted NO RENT by our democratic city council if he DID NOT TAKE PPP
then he took $1.2 million of PPP and DIDN’T PAY BACK RENT
Anyone donating to tRump this year is a Deserving “sucker and loser”.
At this stage ad spending is not to change votes but to motivate your side to show up to vote. Trump hunting for a campaign message with seven weeks to go is an ominous sign
I think Hillary proved spending money on ads was a waste.
Anybody here watch TV? Asking for a friend.
Ha, ha. If Trump wins, we should hear cheers of triumph from those for whom “too much money in politics” is the hot-button issue. Almost worth it, eh?
Advertising for the presidential election is a waste this cycle. Everyone already knows who they are voting for and a commercial is not going to change anyone’s mind. The down ballot races are much more important.
Not only did Trump waste his cash advantage but Bloomberg is throwing in one hundred million dollars for Florida alone. Trump with seven weeks to go is hunting for a campaign message. Painting Biden as a socialist has failed and the same can be said of Law & Order. Brad Parscale paid himself a handsome salary and most of the ads were little more than claiming Biden is senile. Trump claimed he was considering self funding, unheard of for an incumbent and not likely considering the illiquid nature of Trump’s assets and his aversion to using his own funds.
No wonder Trump sent Rudy to Ukraine.
Do you think Bloomberg’s money will flip Florida? I can’t see it, but that would be some awesome schadenfreude.
Bloomberg was my preferred candidate. I was surprised he made such a poor showing in the debate.
Florida is tight. We’re not talking flipping but tilting and encouraging Biden supporters to show up to vote.
Biden’s weakness in Florida is Hispanics. He has the majority but is underperforming Hillary Clinton. They have to try. Anything at the margin is helpful. Trump loses Florida he doesn’t have much of a path.
I know you see a ton of Trump banners and stickers and such but, Biden is still ahead in spite of nearly continuous ads from Trump. It is a must win for him, there will be no path to 270 EC votes without the state. So while he may be short of cash and pulling ads in states like AZ where they see little change in really bad polling numbers they have not given up on Florida. I did see a BYEDON bumper sticker today. Ballsy in this area. There is a lot of support for Biden here but people are not showing it because we understand that Trump brainwashed fascists will kill if the mood strikes them, at the least it is a great way to get your car keyed while you are shopping.
One of the problems for Trump was Adelson had cut him off, now it appears after Bloomberg committed so much to the state of Florida Adelson is going to start to pony up, how much I don’t know, but if were smart he would not waste his money. There simply is not enough time to overcome such an enormous lead for Biden. Of course saying that we recall that HRC was so far ahead in FL last election they pulled spending there in order to go after other states, and with a week to go the Comey thing dropped and bang Trump got Florida.
Campaigns really determine spending priorities by how critical a state is and use internal polling data, the polls we see they basically ignore. Trump must still think he has a shot at the state and who knows, FL is always so close that even 1% undecided is going to get fought over tooth and nail. If I am alive on November 3 I will go to the polling station and vote for Biden.
Who is Biden?
What’s truly sad, is that you would consider MSN a credible, non-lying, source of information.
My wife sends $100 to Sleepy Joe every month. Is that “big money”? It is way less than she spent on her Bottega Veneta bag.
I stop sending money to politicians after giving Rand Paul money for his presidential election. Once I did that, Paul obviously gave my name to every needy Republican who came along regardless of whether their views aligned with Paul’s more libertarian views or not.
I hear you, I sent $25 to Jamie Harrison in SC and my inbox has been spammed ever since, my phone blows up at 3 in the morning with more pleas for cash.
I voted in the Republican primary in 2016 because I wanted to vote against Ted Cruz…so I get Republican spam….and my wife uses my email and now I get Biden spam too.
I do not send my hard earned money to people running for office.
The real question is: If the Biden campaign became cash strapped, would your wife sell the Bottega Veneta bag and donate the money to him?
Riiiiight. A television and radio chart. Glad to see you aren’t changing Mish.
My only observation here is that Trump’s threat to spend his own money on the campaign was just more bullshit. Looks to me like he’s decided to cut his losses.
He has been siphoning money out of the campaign and into his personal account.
Actually kind of true. The WSJ or similar source had an article that most of Trump’s campaign money is going to pay Trump’s past and ongoing legal expenses, which is perfectly legal, though not conventional, and Republicans have been taken aback. I think Trump is cutting his losses and sees the writing on the wall. That Atlantic article was the last straw for most people (out of many straws). Trump deserves to lose, though statistically even post-Atlantic article he still has a 10% chance of winning.
What Atlantic article?
I believe the reference might have been to the article about Trump disparaging military personnel and veterans as “suckers and losers”.
It is an article with two anonymous sources who claimed Trump called dead soldiers “suckers and losers” while in France and was written by The Atlantic editor-in-chief Jeffrey Goldberg himself.
It was debunked by every high profile Trump admin member who was in France and even John Bolton who hates Trump and wrote a nasty book about Trump after Trump fired/resigned him said the article is BS and Trump never said that and he was with Trump all the time in France.
Every fervent Democrat repeats that claim by The Atlantic despite it being debunked because it fits into their view about Trump and Democrats have nothing to talk about when it comes to Joe Biden’s goodness so they just bash and attack Trump.
Actually, all Bolton said is that he did not hear Trump say those words.
And using it for some very dubious things which I hope he is prosecuted for once out of office. Using it to fight legal battles like the rape accusation that he is defending against. I hope the dems work on campaign laws and on making the vote secure, limiting what the right can do to supress voting. Lot of work to do if we want to be a democracy again.
I am curious does the Trump presidency forever hurt his brand or do we see how he worked the system and made the deals and embraced evil dictators for special deals once he leaves the White House. Remember, he shared with Kim Jong Un his dream of building resorts along the North Korean coast.
Trump is getting old…..but I expect that the Trump empire will be around for the foreseeable future, such as that is. The brand anyway. Maybe the Chinese will buy the Trumps out…..do PRC oligarchs play golf?
Considering that Trump is in the hotel business, and that was hit worse than any business except maybe airlines, does Trump have any money?
I would guess his liquidity wouldn’t be all that good right now. Maybe he could borrow some money from Deutschebank if his Russian friends co-signed the note.
Big money is all with Biden. That should tell you everything you need to know about this election. Trump outpaces Biden with donations under $50. You know…the kind that regular folks can afford.
Mish doesn’t consider Deplorables part of the Silent Majority
The money doesn’t say anything about a silent majority. Is this all coming in in amounts of $25 from average people?
trump lost 2016 by 3 million votes even with a historically unpopular hillary. trump never had the majority, he never represented the will of the people