March 22, 2020

Trump Wouldn’t Rule Out Sending Coronavirus Stimulus Cash to His Own Properties

Jim Loscalzo/CNP via Zuma

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At today’s daily coronavirus task force press conference-slash-MAGA rally, President Trump wouldn’t rule out bailing out his own hotel business with the stimulus funds currently stuck at a Congressional impasse.

“Will you commit publicly that none of that taxpayer money will go toward your own personal properties?” asked a reporter, posing the question on all of our minds, especially as it appears some senators took the opportunity weeks ago of cashing in their knowledge of the outbreak by dumping stock in highly-exposed industries before the crash. The most prominent senator among them, Richard Burr (R–N.C.), says his trades occurred within the context of public news reports, and are now the subject of an ethics probe.

“Everything’s changing, just so you understand. It’s all changing. But I have no idea,” Trump mused. “Let’s just see what happens. Because we have to save some of these great companies.”

To even arrive at that non-response, Trump careened through his typical toxic mix of self-praise and victimhood.

“I committed publicly that I wouldn’t take the $450,000 [presidential] salary. It’s a lot of money,” Trump remarked. “And I did it. Nobody cared—nobody, nobody said, ‘thank you.’”

Watch:

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

Because the in-depth journalism on underreported beats and unique perspectives on the daily news you turn to Mother Jones for is only possible because readers fund us. Corporations and powerful people with deep pockets will never sustain the type of journalism we exist to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we need readers to show up for us big time—again.

Getting just 10 percent of the people who care enough about our work to be reading this blurb to part with a few bucks would be utterly transformative for us, and that's very much what we need to keep charging hard in this financially uncertain, high-stakes year.

If you can right now, please support the journalism you get from Mother Jones with a donation at whatever amount works for you. And please do it now, before you move on to whatever you're about to do next and think maybe you'll get to it later, because every gift matters and we really need to see a strong response if we're going to raise the $253,000 we need in less than three weeks.

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