Yet more on Donald Trump, I’m afraid. In this piece from The Young Turks, John Iadarola show how Donald Trump is very definitely not self-financing his election campaign, as he and his agent, Corey Lewandowski, have claimed ad nauseam. Trump has spent $17.7 million of his money on his campaign, but other donors have contributed $7.5 million, almost 30 per cent of the total. And Iadarola also presents a graph showing that 68% of Trump’s money also comes from loans, which he intends to pay back once he’s won the election.
And finally, Iadarola makes the point that whatever Trump says about not accepting money from rich donors, he is still part of the problem. The reason why donations from wealthy corporations, industrialists and capitalists are resented is because it buys them influence. Donald Trump doesn’t quite need to go so much to wealthy donors, because he is a rich capitalist and industrialist. So he himself is part of the corruption of the American political system.
Tags: Capitalism, Corey Lewandowski, Corporate Donors, Corporations, Donald Trump, Elections, Funding, John Iadarola, Loans, The Young Turks
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