Billionare that can't afford 500 mill isn t a billionare. No link bit lawyers say he s tapped out.
Trump can t post bond
- Thread starter sadiehawkins
- Start date
Apparently no one wants to work with him. Side effect of not paying your bills.
Dude straight up lied. He said he had $400 million cash on hand. Turns out he's broke and his properties are worthless. Also his GoFundMe page stalled out after only collecting $1.7 million. Dude is a joke. Vote blue!
This ^
Trump has always overstated his wealth, but that's easy because real estate value is subjective.
Does he even own his properties or are most on loans that banks will snap up when the time comes?
Um, see my other post, but that said, wealth isn't the same as cash. His wealth is definitely overstated though.
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Sooooo, when do the banks or government take possession of his properties?
Only property he owns outright is Mar a Lago but that's only worth $20-30 million because he's severely deed limited.
He claimed it while under oath last year.
keep in mind this is a man with absolutely no shame or inclination to tell the truth
so...he'll just make up some obviously BS reason he can't pay then beg his supporters & the RNC to cover his expenses
one way or another...trump supporters are paying these fines
so...he'll just make up some obviously BS reason he can't pay then beg his supporters & the RNC to cover his expenses
one way or another...trump supporters are paying these fines
Correct, but there is degrees of bragging or overstating your wealth. Trump is in a league of his own. Some days I feel like I’m worth 12 billion. Some days 6.
He owns most of his properties. But the one that are bigger money producers have some loans. Think in the next 5 yrs he owes about 780 million. So this judgement isn’t the whole picture. Part Of his debt is a minority stake in a partnership . He can’t just refinance that. It’s at the whims of the partnership.
You know he’s open for business.
Can’t get back in the White House.
Can’t get back in the White House.
Wrong. Could be tied up in highly illiquid assets.
Poors have no idea what this means.
And he'll only get half that as a bond. There would be expenses involved in liquidating the property that have to be covered. Dude is fvcked unless his MAGAts dig deep.
Sucks to suck. Should have been selling off sooner and quicker. He can sell those illiquid assets at a discount to speed it up. Not our fault, you I wouldn't be treated as nicely.
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Time for Trump to push out a suit to match those sneakers. 
He can't use "highly illiquid assets" to secure a bond.
As long as the GOP does not do something foolish, like put a Trump family member in charge of the official Republican Party and all of their fundraising, they will survive.
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Amazing. The guy that is a legend at stiffing creditors and not paying them back, cannot secure a loan on his assets to cover the bond. Truly The Deep State at work here.
Sort of, but that's a big part of his crimes. Trump isn't going around and having people murdered although the whole "trying to overthrow the government" thing is kind of a big deal.
Honestly if I was a big donor. I’d be worried that my donations would go directly to Trump and his expenses. Would rather give to a SuperPac.
Keep in mind a lot of his properties are golf courses that are hemorrhaging money. It's hard to get someone to loan you money when you are bleeding out.
More thinking of nailing him for something that is an auxiliary issue. Instead of trying to overthrow an election or steal and conceal a UHaul of classified documents.
1. Lara Trump has said this is the plan.
2. If you are a big donor type who blows money on memberships to Mar A Lago you make a big donation knowing that you will have access to President Trump, and you will be paid back with a tax cut, or something else as lucrative to you.
But the issue is pragmatic. If u see the House going bye bye. I’d hate to gamble on Trump pulling another rabbit. I’d want to keep the House as close as possible so I don’t lose some of my tax cuts.
Superpac money goes directly to his own expenses. It has been. That money can be used for virtually anything.
He owns about half of the 30 properties he has an interest in the United States. The others have large loans on them. Some of them are partnerships that would've prohibited him from tapping into funds.
Don't most people who can't pay bond go to jail?
Found the claim:
“We have, I believe, 400 plus [million] and going up very substantially every month. My biggest expense is probably legal fees, unfortunately.”
So not only did he have that cash on hand...it was going up very substantially every month.
I bet he has already asked if a president is immune to having to payback such bonds.
