Cruz Uses Campaign Money To Buy His Own Book Just To Resell At Huge Markup To Gullible Supporters

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ted cruz a time for truth

The Republican grift machine – pretty shameless even in the best of times – has kicked into a higher gear on the 2016 campaign trail. Unpopular candidates with even more unpopular opinions have taken to outright scams, money-making schemes, and profiteering in the place of actual politics. In a recent poll, the majority of Americans admitted they couldn’t see a single Republican candidate being elected president, and no one seems to be more aware of it than the candidates themselves. Hopelessly outgunned, they’ve resorted to squeezing out as much money as they can before their inevitable defeat in November.

This has taken many forms. Mike Huckabee seems to be content to enter every election race exclusively to get endorsement deals from questionable companies. Ben Carson threatened to sue his own supporters for buying and selling “Carson 2016” shirts if he didn’t get a cut. And Sen. Ted Cruz, currently polling near the bottom of the pack, has used his campaign funds to buy metric tons of his own book, only to turn around and sell them back to his supporters at a steep price increase.

You may remember Cruz’s book, “A Time For Truth,” causing a bit of controversy when it debuted because the New York Times repeatedly left it off its bestseller list. It now appears they had reason to be suspicious of the book’s strong “sales.” According to a recent FEC filing by Cruz’s campaign, he dropped $122,000 of his millionaire-backed war chest to buy hundreds of copies of his own book. Even by generous estimates, this means Cruz’s campaign purchased around 8,000 copies of his own book using donated money.

But here’s where the rampant money-grabbing comes into play.

As the New Republic reports, Cruz – or a hapless campaign volunteer – then “signs” the books and sells those copies for a rather slight upcharge of 303% of its retail value on his campaign website.

Any piece of memorabilia signed by a celebrity is subject to price gouging. But in the case of the books sold by Cruz’s campaign, the donors are the ones paying for the goods, which are then resold to donors at high markups.

This highlights a growing trend of political candidates publishing books, then using those books or their publishers to essentially funds campaign activities—without actually calling it as such. Publishing books allows them to meet thousands of supporters and push their agendas, while holding onto the precious cash that acts as their campaign lifeblood.

And it’s actually much worse than the admittedly awful way it already looks. While campaigns argue that this sort of one hand feeds the other profiteering is meant to benefit the campaign, it’s also making Ted Cruz a fortune. When he inevitably bows out of the race, he’ll be left with hundreds of thousands of dollars in his bank account from book sales he made during the election, and his supporters will be left with an unread Ted Cruz book collecting dust on a shelf.

Buying up 8,000 copies of his book also almost immediately ensures the book will land on the bestseller’s list everywhere. When Cruz’s book first came out, the New York Times decided its sales look faked. Cruz screamed liberal bias, and his supporters rushed out to buy more copies to “prove” it was a legitimate hit. The total sales the book had made by then? 12,000. It’s looking pretty obvious that the average member of a Ted Cruz book club is… Ted Cruz. And by forcing his book to the top of the charts, he only increases its visibility to further his profits.

While every politician hoping to run a well-funded campaign tries to find new ways to squeeze out additional dollars from their supporters’ wallets, it’s becoming glaringly obvious that the Republican Party has a “profits first” approach to governance. Whether it’s landing a future spot on Fox News or selling more copies of your book, Republican candidates often appear more like carnival hucksters than legitimate options to sit in the Oval Office. And despite all the tell-tale signs of long con, so far it seems the Republican base remains clueless to the scam.

 

Reprinted with permission from Addicting Info

 

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