Bloomberg has a fun quiz to test your ability to pick out a Democrat or Republican based on their campaign logos.
How a Pillow Business Propels Election Denial Movement
New York Times: “American entrepreneurs have long mixed their business and political interests. But no one in recent memory has fused the two quite as completely as Mr. Lindell. In less than two years, the infomercial pitchman has transformed his company into an engine of the election denial movement, using his personal wealth and advertising dollars to propel the falsehood that the 2020 election was stolen from Donald Trump.”
“In the process, Mr. Lindell has secured a platform for his conspiracy theories — and a devoted base of consumers culled from the believers.”
ProPublica has a deep dive on other funders of the election denial movement.
Peter Thiel Trying to Become Citizen of Malta
“Peter Thiel, the billionaire and Republican political patron, has declared the two-bedroom apartment that he rents himself as his address while he works toward a goal he has pursued for about a year: becoming a citizen of the tiny island nation of Malta,“ the New York Times reports.
“Mr. Thiel, 55, is in the process of acquiring at least his third passport even as he expands his financial influence over American politics.”
Trump’s Paid Speeches Organizer Is Struggling
“A company that organized a lucrative series of post-White House paid speeches for former president Donald Trump is now struggling to pay vendors, investors and employees, angering Trump allies who supported the effort,” the Washington Post reports.
“The American Freedom Tour, which struck a multimillion-dollar deal with Trump after he left office, has lost two top executives and canceled events in a number of locations as it has failed to pay its bills… Its founder and owner, who has a history of bankruptcy filings, recently sought bankruptcy protection again.”
“The group has promised events in a number of locales but canceled them before they began and appears to be banking on a large event at Mar-a-Lago in December to turn its financial position around.”
Relatives of Politicians Win with Casino Shares
“A company profiting from a new North Carolina tribal casino gave shares to politicians’ family members and high-profile political figures as the casino’s backers were seeking federal approval for the project,” the Wall Street Journal reports.
“One of the stakes is held by John B. Clyburn, a brother of Rep. James Clyburn, the powerful South Carolina Democratic congressman who introduced a bill in Congress last year that smoothed the way for the new Catawba Two Kings Casino.”
“Other stakes went to Michael Haley, husband of former South Carolina Gov. Nikki Haley, a Republican who served in the Trump administration as ambassador to the United Nations; Butch Bowers, a lawyer who has represented both Ms. Haley and former President Donald Trump; and Patti Solis Doyle, a Democratic political operative who helped manage campaigns in 2008 for Hillary Clinton and then-vice presidential candidate Joe Biden, according to the documents.”
Trump Forced to Cancel North Carolina Rally
Donald Trump was forced to cancel a paid rally in North Carolina after he, his son, Donald Trump Jr., and his daughter, Ivanka Trump, have been scheduled to testify under oath Friday in an investigation into Trump’s finances, the Raleigh News and Observer reports.
Tickets for the event initially sold for $9 to $3,955.
Trump Rakes In Millions at For-Profit Rallies
Washington Post: “In fact, the fees aren’t going to Trump’s political action committee, his $100 million war chest. This event was not a Trump rally, where attendance is free.”
“Instead, it was a for-profit show, more like a rock concert. The proceeds benefit Trump personally as part of a multimillion dollar deal to speak at the events.”
Sarah Palin Would Make More from Cameo Videos
Sarah Palin, now making a comeback political run for the House, revealed in a new financial disclosure form that she earned a whopping $211,529 from personalized videos on the app Cameo in 2021, Insider reports.
That’s $37,529 more than the annual salary of a House member.
Trump Hits the Speaking Circuit
“Donald Trump has found a new way to milk his ex-presidency — and test another — hitting the lucrative motivational speaking circuit with more fervor than any other active U.S. politician in history,” Axios reports.
“It’s a way to build support for a possible 2024 presidential bid while potentially pocketing large speaking fees as many of his iconic properties are struggling.”
“Trump stands to benefit on both ends. He headlines a rally-type event with a third party footing the bill, and stands to gets a hefty payout for his time.”
Obamas to Leave Spotify and Seek Deal Elsewhere
“Barack and Michelle Obama’s time with Spotify is coming to an end,” Bloomberg reports.
“The former first family’s production company, Higher Ground, won’t be signing a new deal with the audio platform… The company is instead talking to other distributors about a deal worth tens of millions of dollars, among the most-lucrative in the podcasting business.”
Trump Endorsement Consultants Charge $10K a Month
Consulting fees for campaigns pursuing an endorsement from former President Donald Trump can run in the $10,000 per month range, the Washington Post reports.
The Month Companies United Against Russia’s War
Wall Street Journal: “Two years after the Covid-19 pandemic tore into the global economy, business leaders have had to confront another crisis that left them racing to protect staff, untangle supply-chain snarls and revamp operations around the world. It has also required each company to rethink its future in Russia, a country of 150 million people and vast natural resources, whose army is now waging a bloody war.”
“This time, companies were more prepared. The pandemic had given leaders a crisis playbook. Years of corporate activism on issues such as climate change and racial discrimination had trained them to respond to a range of issues. The invasion took many by surprise, but they reacted quickly to what was a potentially fatal threat to their employees and also a reputational threat to their businesses.”
Realtors Cater to Conservatives In Blue States
A growing number of real estate companies are advertising themselves to conservatives, “saying they can take them out of liberal bastions like Seattle and San Francisco and find them homes in places like rural Idaho,” the AP reports.
Kushner Looks to Profit From His Middle East Diplomacy
“Jared Kushner has toured Persian Gulf monarchies with a pitch for his new $3 billion fund: Get a piece of deals made possible by Trump administration diplomatic initiatives such as the Abraham Accords, which forged Israeli relations with several Arab states,” the Wall Street Journal reports.
Giuliani Selling Signed 9/11 Shirts
Rudy Giuliani is selling signed 9/11 t-shirts for $911.00.
The Big Business of Returning Trump to Power
Evan Osnos: “Spend several months immersed in American talk radio and you’ll come away with the sense that the violence of January 6th was not the end of something but the beginning. A year after Trump supporters laid siege to the U.S. Capitol, some of his most influential champions are preparing the ground for his return, and they dominate a media terrain that attracts little attention from their opponents.”
“As liberals argue over the algorithm at Facebook and ponder the disruptive influence of TikTok, radio remains a colossus; for every hour that Americans listened to podcasts in 2021, they listened to six and a half hours of AM/FM radio… Talk radio has often provided more reliable hints of the political future than think tanks and elected officials have.”
GOP Candidates Flock to Mar-a-Lago
Washington Post: “Since Trump returned from his New Jersey club to Palm Beach, Fla., this fall, Mar-a-Lago has become a hotbed for Republican fundraisers, with candidates jockeying to line the former president’s pockets in hopes of winning his endorsement, get a photo with him or simply give donors a chance to be in his presence.”
“The surge in business at his private club spotlights the unparalleled way in which Trump has personally profited from his presidency and his popularity in the GOP — a revenue stream that began during his time in the White House and has only strengthened since he left office. Rather than hosting fellow Republicans, Trump is charging them for the privilege of using his venues.”
Michael Cohen to Sell Prison Badge as NFT
Michael Cohen plans to list his former prison badge as a nonfungible token during the upcoming Miami Art Week, Page Six reports.
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