The Trump campaign confirms that it is crashing — and that it will take the GOP with it:
Trump’s campaign said Tuesday that it has scheduled no more big-money fundraising events to benefit the Republican Party, another sign of the GOP nominee’s struggling campaign and a serious blow to the party’s get-out-the-vote operations with less than two weeks to go until Election Day.
The consequences of halting major fundraisers will compound the challenges facing a candidate and a party already straining to match Democratic nominee Hillary Clinton’s much larger and better-financed operation.
Remember when Trump told us he was a multibillionaire and would be funding his own campaign? All lies, fortunately for Hillary.
Steven Mnuchin [formerly of Trump fans’ boogeyman Goldman Sachs and Soros Fund Management], Trump’s national finance chairman, said in an interview with The Washington Post on Tuesday that Trump Victory, a joint fundraising committee between the party and the campaign, held its last formal fundraiser on Oct. 19.
“We’ve kind of wound down,” Mnuchin said, referring to formal fundraisers.
Meanwhile the Shrillary campaign continues to rake in the big bucks it takes to win an election:
While Clinton is headlining her last fundraiser Tuesday night, outside Miami, her campaign has scheduled 41 other events between now and Nov. 3 featuring high-profile surrogates such as her daughter, Chelsea, running mate Sen. Tim Kaine (D-Va.) and the entertainer Cher, according to a schedule sent to donors over the weekend.
So what is Trump doing rather than raising funds to keep afloat the party he commandeered?
Trump … is scheduled to leave the campaign trail on Wednesday to attend the official grand opening of his new Trump-branded hotel on Washington’s Pennsylvania Avenue. “I always said I’m getting to Pennsylvania Avenue one way or another,” he quipped as employees behind him laughed.
Trump’s political supporters probably aren’t laughing as hard — since the joke is on them.
Trump’s campaign is continuing to bring in donations that will boost the party, but the lack of a formal fundraising schedule effectively turns off one of the main spigots to the RNC. The national party collected $40 million through Trump Victory as of Sept. 30. The RNC has relied on the funds to help pay for hundreds of field staffers deployed across the country as part of its national ground operation, which is working to turn out voters to support the entire Republican ticket.
That entire Republican ticket is going to get hurt, in part because Trump is toxic, and in part because
there may be a handful of more high-dollar fundraisers in coming days featuring Trump surrogates, including his son Donald Jr., according to people familiar with the internal discussions. But Mnuchin said “there is virtually nothing planned.”
GOP Establishment weenies who actively collaborated (Reince Priebus) or passively went along (Paul Ryan) with Trump’s hostile takeover of the party rather than even attempting to put a stop to it at the convention are now left with egg unhurriedly oozing down their slack-jawed faces. Who knows? Maybe a miracle will occur and they will evolve spines in time to put up resistance to President Shrillary.
On a tip from Torcer.