El Trumpo siphons cash from election defence fund

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El Trumpo doesn’t miss a trick. At Reuters:

As President Donald Trump seeks to discredit last week’s election with baseless claims of voter fraud, his team has bombarded his supporters with requests for money to help pay for legal challenges to the results: “The Left will try to STEAL this election!” reads one text.

But any small-dollar donations from Trump’s grassroots donors won’t be going to legal expenses at all, according to a Reuters review of the legal language in the solicitations.

A donor would have to give more than $8,000 before any money goes to the “recount account” established to finance election challenges, including recounts and lawsuits over alleged improprieties, the fundraising disclosures show.

The emailed solicitations send supporters to an “Official Election Defense Fund” website that asks them to sign up for recurring donations to “protect the results and keep fighting even after Election Day.”

The fine print makes clear most of the money will go to other priorities.

A large portion of the money goes to “Save America,” a Trump leadership PAC, or political action committee, set up on Monday, and the Republican National Committee (RNC). Under Federal Election Commission rules, both groups have broad leeway in how they can use the funds.

The disclosures would allow Trump and the RNC to channel the donations into other political causes or campaigns, such as the two high-stakes January Senate runoff races in Georgia that could determine control of the Senate and are likely to rank among the most expensive races in U.S. history.

If you believe that this con man is defending the integrity of anything then more fool you.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.