Comments (63)
No. 1-24
Lipscomb407
Lipscomb407

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.

Eddie_T
Eddie_T

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.

davebarnes2
davebarnes2

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.

Mish
Mish

Editor

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

Mish

Sechel
Sechel

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.

MikeC
MikeC

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.

Felix_Mish
Felix_Mish

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?

TCW
TCW

I think Hillary proved spending money on ads was a waste.

Sechel
Sechel

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

Augustthegreat
Augustthegreat

Anyone donating to tRump this year is a Deserving “sucker and loser”.

IA Hawkeye in SoCal
IA Hawkeye in SoCal

Who watches TV with ads?

Zardoz
Zardoz

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.

ColoradoAccountant
ColoradoAccountant

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.

Sechel
Sechel

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

thatsit
thatsit

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.

FactsonJoe
FactsonJoe

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.

numike
numike

Societies in decline have no use for visionaries
Anais Nin

TimeToTest
TimeToTest

If an R or a D wins does anyone really feel like they have won?

Slime ball vs Slime Ball.

numike
numike

“Every revolution evaporates and leaves behind only the slime of a new bureaucracy.”
― Franz Kafka

Quatloo
Quatloo

“Meet the new boss, same as the old boss”
— The Who, Won’t Get Fooled Again

Dodge Demon
Dodge Demon

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?

Sologretto
Sologretto

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.

RonJ
RonJ

What should be asked is where the unaccounted for Act Blue money is coming from.

Anon1970
Anon1970

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.