Now we get to the Moby Dick portion of the Mike Lindell saga, and yes, the sea plays a part in it. You may remember the quote, “All my means are sane, my motive and my object mad.” At least Captain Ahab knew he was nuts, not so with Lindell. Lindell’s means are his money and yes, he did have some of that. But since he joined Donald Trump’s mad quest, promulgating the Big Lie, we didn’t need Herman Melville to tell us that when there’s no cash, comes the crash.
And crash on the rocks Lindell is about to do, and in spectacular fashion, I would expect.
Lindell has borrowed $10 million in the past year, to keep going. $10 million is a lot but not when you’ve got people suing you for billions. It’s all relative, right? And it won’t last long, because Lindell claims he’s spending $1 million a month on election fraud matters.
Mike Lindell is fuming. After the media picked up my tweet about him borrowing $10 million to keep MyPillow afloat, he is upset about the picture they used in a story, and says he is also having financial problems because the containers of sheets from India got stuck at sea. pic.twitter.com/MqNDu6qBui
— Ron Filipkowski 🇺🇦 (@RonFilipkowski) March 17, 2023
Lindell told Insider that some creature comforts — like his private jet, which had a door come off it in October — haven’t been sold yet.
“I have to get around, you know,” Lindell said.
Lindell declined to reveal who loaned him the money but told Insider that a majority of the borrowed cash had gone to defending MyPillow against the lawsuits filed against the company. One of the major ongoing lawsuits is a $1.3 billion defamation lawsuit from Dominion Voting Systems, which cites both MyPillow and its owner, Lindell, in the case.
Lindell has been facing financial issues for months. In January 2022, one of Lindell’s banks, the Minnesota Bank & Trust, described him as a “reputation risk” and cut ties with him a month later. And in June, Walmart, MyPillow’s biggest distributor, pulled Lindell’s pillows from its stores.
Lindell told Insider on Wednesday night that his “burn rate” is currently still at “a million a month,” though part of this now goes to funding his newly formed “Election Crime Bureau.” The bureau consists of 40 staff members who he says are working hard to uncover more information about the 2020 election.
The Election Crime Bureau. I forgot all about them. Say, how about this: My Coffee can finance the Election Crime Bureau. No?
Watching Lindell go down is going to be entertaining. It’s a Greek tragedy, he can’t see that the flaw in his own character is what is destroying him, nothing else. There is no giant election fraud plot, it’s all in his mind. And he’s surrounded with yes men and enablers who won’t tell him the truth, as long as they’re making a buck off of him.
Let’s end with another Moby Dick quote: “For there is no folly of the beast of the earth which is not infinitely outdone by the madness of men.”