Mike Lindell, the CEO of MyPillow and staunch supporter of President Donald Trump, claims his company is facing severe financial strain after a sudden and shocking move this week by American Express. Lindell unveiled that after 15 prosperous years of partnership, American Express dramatically slashed MyPillow’s credit line by a whopping 90%. This unexpected development has reportedly brought significant operational hurdles for the company, particularly impacting its online marketing and shipping capabilities.
Lindell has not hesitated to attribute this financial tightening to his outspoken support for Donald Trump and the allegations surrounding the 2020 Presidential Election. He described his company’s predicament in a detailed conversation on Steve Bannon’s “War Room” Rumble show, elucidating how his credit line plummeted from a million dollars to $100,000 without any forewarning or justification provided by American Express. “Out of the blue, they took our credit line from a million dollars down to $100,000, just cripples MyPillow,” he remarked, adding that no reason or explanation was given.
— Mike Lindell (@realMikeLindell) September 27, 2023
Lindell insists that this abrupt and unexplained action is a component of a larger, orchestrated onslaught against MyPillow and, by extension, a more extensive attempt to suppress conservative voices and undermine efforts to secure American elections. Lindell, candid and resolute, said, “We really need everybody’s help right now.”
This blow comes on the heels of a series of setbacks for Lindell and MyPillow, with major retailers like Bed Bath & Beyond, Kohl’s, Wayfair, and H-E-B ceasing sales of his products, citing various reasons ranging from underperformance to “reputational” concerns. According to Lindell’s statements, this cumulative corporate backlash has already cost MyPillow approximately $100 million in lost revenue.
It’s no secret that Lindell has been a vocal critic of the 2020 election’s integrity and has actively participated in legal efforts to contest the election results. His fervent stance has stirred discussions on corporate cancel culture, with conservatives raising concerns about companies leveraging their financial power to silence particular viewpoints and individuals.
BREAKING REPORT: After 15-Year Partnership, American Express CUTS MIKE LINDELL'S MYPILLOW CREDIT LINE by a whopping 90%…
"American Express -I wasn’t going to say this- we’ve been with them for 15 years, and we do all of our online marketing and all our shipping with them."…
— Chuck Callesto (@ChuckCallesto) September 26, 2023
The discussion with Bannon postulated a correlation between the purported “debanking” and Trump’s rising popularity, suggesting that corporations are enacting financial restraints to mute support for conservative ideologies and leaders. Bannon’s proposed countermeasure was using appropriations to omit such companies from government programs, compelling them to discontinue their politically motivated financial decisions.
American Express declined to comment on individual customer dealings. Still, it said its decisions aren’t influenced by “personal viewpoints or political affiliations.”
This scenario brings to light the escalating tension between corporate America and conservative entities fueled by diverging ideologies and political beliefs. The questions this raises are paramount. Is it justified for corporations to wield their financial clout to seemingly penalize individuals based on their political leanings or beliefs? Where is the line drawn between corporate responsibility and political bias?
While the company’s situation may appear grim, Mike Lindell remains steadfast, continuing his advocacy for electoral integrity and resolving to persevere through these challenges. His sentiments and the unfolding events are a stark reminder of the precarious balance between business, politics, and the freedom of expression in today’s polarized and confrontational climate.