The Republican's campaign said it raised $34.8 million from small-dollar donors in less than seven hours following the historic verdict Thursday afternoon.

Key Points

  • The presidential campaign of Donald Trump said it raised a record $34.8 million from small-dollar donors in the hours after his criminal hush money case conviction in New York.
  • Trump was found guilty by a Manhattan Supreme Court jury of falsifying business records related to his scheme with Michael Cohen to pay off porn star Stormy Daniels before the 2016 election.
  • The Republican is set to face President Joe Biden in November’s election, in a rematch of their 2020 contest for the White House.
  • Mostly_Harmless_Variant@lemmy.world
    111·
    6 months ago

    This makes me think of the sunk cost fallacy. I figure they are so heavily invested at this point that they are doubling down. If they don’t have Trump to back their views, they might realize being a bigot isn’t cool.

    • jj4211@lemmy.world
      6·
      6 months ago

      It’s a lot like his businesses back on the day. He tried the well being of something larger to him personally, so that a lot of stakeholders are desperate to bail him out specifically lest their larger concern is tanked. When his properties were in trouble in the 80s, investors/creditors helped boost his reputation because that was the only hope to salvage their money.

      Here he made it so the entire Republican party will succeed or fail according to his personal situation. So desperation to mitigate his personal mess for the sake of their precious Republican party.