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The Establishments war on Donald Trump
See other The Establishments war on Donald Trump Articles

Title: Trump Campaign Is Still Spending a Fortune on Hats
Source: Fortune
URL Source: http://fortune.com/2016/02/01/trump-campaign-expenses-hats/
Published: Feb 1, 2016
Author: Ethan Wolff-Mann
Post Date: 2016-02-02 09:32:19 by misterwhite
Keywords: None
Views: 1705
Comments: 11

There are not as many hats out there as you think, however.

The campaign for Donald J. Trump, the former reality-show host and leader of the polls in Iowa, released some new information yesterday showing that the billionaire has finally begun using his fortune to fund his campaign.

Thus far, the total amount spent on Trump’s campaign totals $19 million, far less than pretty much everyone else. (Ted Cruz has spent $47 million, for a comparison.)

According to the new Federal Election Committee filings by the Trump campaign, one of Trump’s biggest, and perhaps puzzling expenditures is hats.

While most candidates’ campaign funds are earmarked for TV ads, billboards, and recyclable signs, Trump’s legacy will be legions of red “MAKE AMERICA GREAT AGAIN!” baseball caps. The fourth-quarter filing lists multiple vendors for “HATS,” totaling almost $470,000, making the category one of Trump’s biggest campaign expenditures.

Not as many hats are getting made as you may think, however. Though the records suggest that one (not made in the USA) hat vendor sells hats for under $3, the campaign’s main hat vendor Cali-Fame sells “Made in USA” hats that retail for around $15.50. The campaign buys them in bulk so they’re likely cheaper. If the caps cost the Trump campaign $10 each, this means there are just 47,000 caps out there.

Surely, there are tens of thousands of Trump “MAKE AMERICA GREAT AGAIN!” hats in circulation. But there aren’t hundreds of thousands, let alone millions. Not yet anyway. Trump has a lot of campaign cash to burn through.

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Begin Trace Mode for Comment # 6.

#5. To: misterwhite (#0)

Not as many hats are getting made as you may think, however. Though the records suggest that one (not made in the USA) hat vendor sells hats for under $3, the campaign’s main hat vendor Cali-Fame sells “Made in USA” hats that retail for around $15.50. The campaign buys them in bulk so they’re likely cheaper. If the caps cost the Trump campaign $10 each, this means there are just 47,000 caps out there.

Surely, there are tens of thousands of Trump “MAKE AMERICA GREAT AGAIN!” hats in circulation. But there aren’t hundreds of thousands, let alone millions. Not yet anyway. Trump has a lot of campaign cash to burn through.

I don't know about many of you,but it makes ME wonder which of Trumps shell companies owns major stock in Cali-Fame.

There is nothing puzzling about it. He's funneling that money back into his personal bank accounts,people.

sneakypete  posted on  2016-02-02   11:41:13 ET  Reply   Untrace   Trace   Private Reply  


#6. To: sneakypete (#5)

I thought the same thing. I suppose someone will find out if it's true.

Fred Mertz  posted on  2016-02-02   11:44:15 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 6.

#7. To: Fred Mertz (#6)

I thought the same thing. I suppose someone will find out if it's true.

No doubt about it in my mind. Remember,this is a guy that charged his own campaign 700 grand for the use of his private jet to campaign a month or so ago,and whose business model is bankruptcy.

Chances are his plan is to pump up the sales to increase the stock value so he can then dump his stock for a profit and then turn around and buy the company once the stock has tanked so he can part out at a bankruptcy sale.

It's who he is and what he does. And let's face reality,no hat company that charges 16 bucks wholesale for a baseball hat has any hope at all of surviving. Chances are Trump had them raise the prices that high to pump up the profits.

sneakypete  posted on  2016-02-02 12:49:56 ET  Reply   Untrace   Trace   Private Reply  


#8. To: Fred Mertz (#6)

"I suppose someone will find out if it's true."

You mean someone will look into whether he took money from his left pocket and put it into his right pocket?

Oh, I'll get right on it. That's a real scandal, that one.

misterwhite  posted on  2016-02-02 14:51:07 ET  Reply   Untrace   Trace   Private Reply  


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