Trump can’t pay

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Trump’s biggest fear is being shown he’s poor.

That must be why he committed perjury by telling the court a few months ago how he had hundreds of millions of liquid dollars.

His net worth is probably in the low 7 figures. He owns a bunch of properties that are valuable, but no one really knows how much debt he has on them, how much is actually just partial ownerships because of LLCs and side deals, etc. If he actually had substantial equity in these properties, it should be no problem for him to go to a bank and borrow this money. The fact that he can't is very telling.

So you're saying he's worth under 5 million?

Actually experts have evaluated his total worth at about 3B, but most of it is tied up in real estate, which is not liquid. There is at most $400M in cash or stocks, and he needs to keep a lot of it to pay bills. So his options are:

1. Borrow from friends, and it's unlikely someone will front him the money, unless they have ulterior motives that may be deleterious to the USA, because everyone knows he won't pay it back.

2. Get loans with real estate collateral, which has until now proven impossible. No one likes real estate as collateral, because it's hard to get rid of quickly, especially if the properties are not on US soils (a lot of them aren't).

3. Fire sale of real estate, in which buyers will be able to negotiate rock-bottom prices. In the timeframe, very difficult to do.

Otherwise James can seize his assets on Monday.

The experts have no idea how leveraged those properties are, or what parts of LLCs or other investors actually own them.

[Anonymous]

Anonymous wrote:Looks like ABC is going to end up paying it

it isn't libel to quote a judge.

[Anonymous]

"How could any expert evaluate his net worth? They don’t have access to his books and they don’t know what debt he has. Any numbers you see out there are WAGs."

Wow. You are such a genius. They can estimate by using Trump's sworn statements and documents submitted to the Court. It appears Trump may have lied under oath about his liquid assets. I hope he's charged for that. You people really are a circle jerk.

[Anonymous]

Anonymous wrote:

"How could any expert evaluate his net worth? They don’t have access to his books and they don’t know what debt he has. Any numbers you see out there are WAGs."

Wow. You are such a genius. They can estimate by using Trump's sworn statements and documents submitted to the Court. It appears Trump may have lied under oath about his liquid assets. I hope he's charged for that. You people really are a circle jerk.

They can evaluate his net worth based on sworn statements of a known liar?

[Anonymous]

Anonymous wrote:Banks in this country stopped loaning to Trump years ago, didn't they?

Why was that?

Trump then had to go overseas to get money, who knows who he owes at this point.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Banks in this country stopped loaning to Trump years ago, didn't they?

Why was that?

Trump then had to go overseas to get money, who knows who he owes at this point.

Right, but banks here stopped doing business with Trump. Which means they weren't making money off him. They were losing money on transactions with him, or thought they would.

So this idea that "no one was hurt" is a lie.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Banks in this country stopped loaning to Trump years ago, didn't they?

Why was that?

Trump then had to go overseas to get money, who knows who he owes at this point.

Right, but banks here stopped doing business with Trump. Which means they weren't making money off him. They were losing money on transactions with him, or thought they would.

So this idea that "no one was hurt" is a lie.

Of course someone was hurt. Otherwise why have the law? Republicans have tied their sense of self to Trump and the tribe; if they admit he’s a cheap little shyster, then they’re bad people for still supporting him.

[Anonymous]

So as of March 25th they can begin seizing his assets.

[Anonymous]

Anonymous wrote:I like how Fox has employ euphemisms in their article, which is like 5th down on the front page of their website, to soften the blow that Cheeto Mussolini literally doesn’t have the money to pay.

“Trump's attempt to post $464
million bond hits major roadblocks, lawyers say.”

Oh did his “attempt” hit “roadblocks”? Fox can’t just say say he can’t pay?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I like how Fox has employ euphemisms in their article, which is like 5th down on the front page of their website, to soften the blow that Cheeto Mussolini literally doesn’t have the money to pay.

“Trump's attempt to post $464
million bond hits major roadblocks, lawyers say.”

Oh did his “attempt” hit “roadblocks”? Fox can’t just say say he can’t pay?

It’s a good question. Why won’t the many republican billionaires just give him a loan? If he’s such an honest guy and incredible businessman, surely he’s good for it. It’s almost like they think he might stiff them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I like how Fox has employ euphemisms in their article, which is like 5th down on the front page of their website, to soften the blow that Cheeto Mussolini literally doesn’t have the money to pay.

“Trump's attempt to post $464
million bond hits major roadblocks, lawyers say.”

Oh did his “attempt” hit “roadblocks”? Fox can’t just say say he can’t pay?

It’s a good question. Why won’t the many republican billionaires just give him a loan? If he’s such an honest guy and incredible businessman, surely he’s good for it. It’s almost like they think he might stiff them.

Why does Fox not pay? They could just cut him a check for it and get reimbursed by the Russians or Chinese.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I like how Fox has employ euphemisms in their article, which is like 5th down on the front page of their website, to soften the blow that Cheeto Mussolini literally doesn’t have the money to pay.

“Trump's attempt to post $464
million bond hits major roadblocks, lawyers say.”

Oh did his “attempt” hit “roadblocks”? Fox can’t just say say he can’t pay?

It’s a good question. Why won’t the many republican billionaires just give him a loan? If he’s such an honest guy and incredible businessman, surely he’s good for it. It’s almost like they think he might stiff them.

Why does Fox not pay? They could just cut him a check for it and get reimbursed by the Russians or Chinese.

They have to be careful when the person they're paying is a candidate for office - the payment could be considered a campaign contribution, which would be illegal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Trump’s biggest fear is being shown he’s poor.

That must be why he committed perjury by telling the court a few months ago how he had hundreds of millions of liquid dollars.

His net worth is probably in the low 7 figures. He owns a bunch of properties that are valuable, but no one really knows how much debt he has on them, how much is actually just partial ownerships because of LLCs and side deals, etc. If he actually had substantial equity in these properties, it should be no problem for him to go to a bank and borrow this money. The fact that he can't is very telling.

So you're saying he's worth under 5 million?

Actually experts have evaluated his total worth at about 3B, but most of it is tied up in real estate, which is not liquid. There is at most $400M in cash or stocks, and he needs to keep a lot of it to pay bills. So his options are:

1. Borrow from friends, and it's unlikely someone will front him the money, unless they have ulterior motives that may be deleterious to the USA, because everyone knows he won't pay it back.

2. Get loans with real estate collateral, which has until now proven impossible. No one likes real estate as collateral, because it's hard to get rid of quickly, especially if the properties are not on US soils (a lot of them aren't).

3. Fire sale of real estate, in which buyers will be able to negotiate rock-bottom prices. In the timeframe, very difficult to do.

Otherwise James can seize his assets on Monday.

The experts have no idea how leveraged those properties are, or what parts of LLCs or other investors actually own them.

And at this point, given the valuations range from artificially inflated in order to fraudulently secure loans to artificially deflated in order to evade taxes and fees, one has to wonder what numbers the experts were working with or if they in fact have to instead go back and totally rethink their estimates.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I like how Fox has employ euphemisms in their article, which is like 5th down on the front page of their website, to soften the blow that Cheeto Mussolini literally doesn’t have the money to pay.

“Trump's attempt to post $464
million bond hits major roadblocks, lawyers say.”

Oh did his “attempt” hit “roadblocks”? Fox can’t just say say he can’t pay?

It’s a good question. Why won’t the many republican billionaires just give him a loan? If he’s such an honest guy and incredible businessman, surely he’s good for it. It’s almost like they think he might stiff them.

Same reason Trump's own former Vice President, many of his own former cabinet officials and staffers are refusing to endorse him as President. They worked with him on a daily basis and saw him for what he is - and if the people who know him best and who worked most closely with him don't find him fit it's baffling that Joe Maga in Fort Wayne Indiana who's never even met Trump somehow thinks he knows Trump better than Trump's own former officials and staffers do.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I like how Fox has employ euphemisms in their article, which is like 5th down on the front page of their website, to soften the blow that Cheeto Mussolini literally doesn’t have the money to pay.

“Trump's attempt to post $464
million bond hits major roadblocks, lawyers say.”

Oh did his “attempt” hit “roadblocks”? Fox can’t just say say he can’t pay?

It’s a good question. Why won’t the many republican billionaires just give him a loan? If he’s such an honest guy and incredible businessman, surely he’s good for it. It’s almost like they think he might stiff them.

Same reason Trump's own former Vice President, many of his own former cabinet officials and staffers are refusing to endorse him as President. They worked with him on a daily basis and saw him for what he is - and if the people who know him best and who worked most closely with him don't find him fit it's baffling that Joe Maga in Fort Wayne Indiana who's never even met Trump somehow thinks he knows Trump better than Trump's own former officials and staffers do.

He’s their Lord and Savior. They’ve moved on past Trump the Man and have gone straight to Trump the God. As long as he’s reflecting back their vile visages, they’ll continue to vote for him even if he’s on Death Row.