RNC scrambling for $6 mil as corporations pull out of convention

Posted by | July 16, 2016 13:02 | Filed under: News Behaving Badly Politics

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The Republican Party is desperately trying to fill a $6 million hole because of dried-up corporate sponsorships that want nothing to do with a Trump-helmped event.

The long list of companies who contributed money in 2012, but reneged on at least $8.1 million in donations this year, was included in a letter from the host committee to billionaire donors Sheldon and Miriam Adelson. The letter, first reported by Politico, urged the couple to make up the missing $6 million the committee still needs in order to meet its goal of $64 million.

“Over the past couple months, negative publicity around our potential nominee resulted in a considerable number of pledges backing out from their commitments,” the letter says, according to Politico.

Last month, Wells Fargo, UPS, Motorola, JPMorgan Chase, Ford, and Walgreens all said that they would not be sponsoring this year’s convention, despite contributing money in 2012. That list has continued to grow, and now includes other major corporations and donors like David Koch, FedEx, Visa, Pepsi, Coca-Cola, Apple, BP, and United Health. Koch and Coca-Cola were each committed to donating $1 million before they backed out.

Though many of the corporations didn’t cite reasons for their decisions, critics pressing them to withdraw have pointed to Donald Trump’s anti-Muslim fear-mongering, hateful rhetoric toward immigrants, women, and other minorities, and the violence he has inspired in his supporters.

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Copyright 2016 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

14 responses to RNC scrambling for $6 mil as corporations pull out of convention

  1. Larry Schmitt July 16th, 2016 at 13:22

    Trump has billions, (so he says) he can make it up out of pocket change.

    • oldfart July 16th, 2016 at 14:31

      Or, he can dig it out of the seats of his jet…

    • whatthe46 July 16th, 2016 at 17:18

      or he can take it from his foundation. that’s where he’s been taking money from. he took 12 k from there to get a signed helmet where the money was donated to another charity. crazy right.

  2. mea_mark July 16th, 2016 at 14:11

    Corporations that depend on the public for business, just don’t want to be associated with the GOP Derpathon.

  3. oldfart July 16th, 2016 at 14:23

    OOPS…
    They can still tap the “Cayman” accounts…

  4. Suzanne McFly July 16th, 2016 at 16:50

    Wow, 6 million?!?!? Do they make knee pads big enough for that?

    • bpollen July 17th, 2016 at 01:26

      I was thinking about Gingrich’s stupid reaction to Nice, and remembered the talk of Gingrich getting a cabinet post in a Trump administration. I thought: “The job is the “quo” that he gets for getting on his knees and giving “quid” to Trump!”

      • Suzanne McFly July 17th, 2016 at 09:51

        And how will Gingrich get in there around Christie?

        • bpollen July 17th, 2016 at 14:58

          SOMEbody has to hold the magnifying glass…

          • Suzanne McFly July 17th, 2016 at 17:12

            How did I miss that? lol

            • bpollen July 17th, 2016 at 23:18

              Guys have issues about size… If you’ll excuse the language, it’s a man thang, baby!

              • Suzanne McFly July 18th, 2016 at 10:22

                I am glad you said that and not me lol.

  5. bpollen July 17th, 2016 at 01:23

    Get all sitting Republicans in dunk-tanks at a buck-a-throw. May not raise enough money, but at least I’ll feel better.

    • whatthe46 July 17th, 2016 at 01:37

      wanna bet, it’ll be close. imagine the number of times people will pay to play. i know i have 10 to throw away. it would be well worth it.

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