Thread: NFT's
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Old 12-18-2022, 10:40 AM
BobC BobC is offline
Bob C.
 
Join Date: Apr 2009
Location: Ohio
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Quote:
Originally Posted by carlsonjok View Post
I guess it all depends on who bought them. One of the rites of passage, if you will, for prospective Presidential candidates is to write a book. Such books always manage to land on the NY Times bestseller list, in no small part because of bulk purchases by campaigns, PACs, and other political organs. It wouldn't surprise me if there were some such machinations going on to give his somewhat listless 2024 campaign a few headlines.
Great point. That always struck me as a type of money laundering scheme, where the political candidates get to cash out money from their campaigns to put into their own pockets. Publishers give advances and such to the authors, knowing they'll make money off such bulk purchases. It is basically a legal way around campaign contribution laws. Have also always felt there was potentially a bit of a bribery element in such book deals as well.
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