The Ring of Fire
The Ring of Fire
@theringoffire·1.4M subscribers·27K videos

Trump Starts New Super PAC To Fund 2024 Presidential Run

Posted

September 30, 2022

Views

57,727

Likes

3,688

Comments

690

Engagement

7.58%

Search the Record

Indexed

Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.

Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.

Try a name, a topic, or a quoted line

YouTube Description

as posted by the channel

In the clearest sign yet that he's running for President, Donald Trump formed a new Super PAC last week that is able to fund a presidential run. His other PAC, Save America, is able to give money to Republican candidates across the country, but it is NOT allowed to fund his own campaigns. His new PAC does not have that limitation, and that is apparently the only difference between the two, sparking more chatter about a run announcement coming soon. Ring of Fire's Farron Cousins discusses this.

Check out our merch by visiting our store

Subscribe to our podcast

Become a member today!

Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!

Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content!

Support Ring of Fire by subscribing to our YouTube channel

Be sociable! Follow us on:

*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Well, folks, we have the clearest indication yet that Donald Trump is not just planning on running for president in 2024, but that he is already running for president in 2024. Last week, Donald Trump filed with the fec, the Federal Elections Commission, the paperwork to start a new super PAC called Make America Great Again Incorporated. Now, Donald Trump already has two Super pacs, one of them, his leadership pack Save America has raised more than 140 million since the 2020 election. So he's got this leadership pack over here sitting on, you know, hundred million dollars. Why would he need a new one? Well, that's a very valid question and there's a very clear answer. See, the Save America Pack that has those, you know, a hundred million dollars in it can be used on anything Donald Trump wants it to be used on, with the exception of funding a campaign for the person who controls Save America, which happens to be Donald Trump.

So he could spend it helping out other Republicans all over the country. He could spend it sending himself to rallies and paying for all of that, but he can't use it for his own presidential run. The new superPAC Make America Great Again Incorporated, does not have that limitation so he can raise money under that one and use it for a presidential campaign. His people, Taylor bwi, spokesperson for Donald Trump came out after this was revealed and said, Listen, Donald Trump's just trying to help candidates all over ahead of the midterms and beyond. Okay, so you want us to believe that the new superPAC is so Donald Trump can spend money on people running for the midterm races, right? Well, he can already do that with a Save America Pack. You didn't have to start a new one for that, Mr. Bwi. He, he can literally do that right now.

He's just choosing not to do it because Donald Trump doesn't like to part with his money. Out of the 142 million that Donald Trump has raised since the 2020 election, he has spent a whopping 5.1 million on elections during this contentious midterm cycle, 142 million, and he spent 5 million on Republican races. And actually most of that money was promoting Republican on Republican primaries to get rid of the people who voted to impeach him. So it's not even like he's going in to help people like Dr. Oz or Herschel Walker or Blake Masters. You know, the folks that are really struggling out there. Nope. He's just using it to take out his political enemies. But he could be using it, of course, to, to help out these struggling Republicans. He's just very greedy and doesn't wanna do that. So, no, I don't for a second buy your excuse that, Oh, he is just wanting to help Republicans with this new one.

He's not helping new Republicans with the old one. The only difference is now that he has this new one, he can funnel money from Save America into the new one, then use that to run for president, which is the only purpose of this new Donald Trump superPAC.

Guests & Subjects Covered

President Donald TrumpSuper PACPAC Save AmericaFire's Farron CousinsAnd SUBSCRIBESupport RingFacebook Twitter Instagram ThisDonald Trump

Sentinel Indexing in Progress

Metadata and chapters are available. Claim extraction for this episode is pending.

All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.