I mean let’s be honest, you gotta be some special kind of stupid to give money to somebody who bankrups a casino, let me repeat a CASINO
Multiple casinos.
And he doesn’t even drink. Which calls to mind Hunter S. Thompson:
“It was Bogart who said, ‘You can’t trust a man who doesn’t drink.’ And it was Raoul Duke who said, ‘I’d never buy a used car from Nixon unless he was drunk.’”
It’s literally a free money from dumb people machine that he bankrupted by using it as his personal piggy bank.
Now he’s turned the RNC into a free money from dumb people machine and he’s using it as his personal piggy bank.
During the CASINO BOOM!!! Then as a little footnote, gets bailed out by Wilbur Ross, who becomes secretary of commerce. The coal baron Wilbur Ross.
The slipper guy. Is he dead yet? He fell asleep at his own hearing.
Well Donald doesn’t have half a billion dollars, but you know who does?
Taylor Swift
Maybe he could ask her…wait…,that won’t work…nevermind
I would fucking love if she just came out and said ‘I could afford that. Why can’t you?’
I would love for anyone to say that, especially someone who isn’t famous.
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She can’t… the y’all-queda would attempt to murder her. :/
O.M.G.
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That Trump, wanna be dictator, of German descent, loves authoritarians, has been reading Mein Kampf, and thinks Hitler “did some good things” would be too much on the fucking nose even for a movie script to add to the list.
The real question is why does someone who claims to be worth around $6B need a loan at all? It just doesn’t make sense. /s
Serious answer: Because most wealth isn’t liquid and liquation can take a while.
EDIT: In general, obviously not the case now
This is an attempt to secure a bond. To secure that bond he needs to put up collateral. His lawyers said banks are asking for collateral around $550 million or something, higher than the value of the bond. I can’t recall off the top of my head the actual value.
His lawyers said he is unable to provide that collateral.
Which means that his assets can’t cover the bond. Unless I’m misunderstanding something.
I thought he needed cash to get bail, thanks for the info.
Very false, anyone with actual money and assets has proper valuations gathered and strong relationships with banks and partners, if at any point they need access to that money they would have a line up of people ready to fiance them short term.
I don’t have anywhere near a billion but if I need access to liquid assets I have a ton of ways to do that.
If any of his financial claims were true and could be verified with documents he would have had his money within an hour.
coupled with the nature of his crimes making him radioactive to potential future creditors… and uncertainty of his entire business in the state of ny… and when they do attempt to secure the collateral on his properties, they’ll begin to lose value quickly because everyone will know he’s selling no matter what.
The threat of prison tends to expedite financial transactions.
Yes, but quickly liquidating assets means less returns. So a loan (even with interest) might make more sense in general although I doubt that’s the case here.
So Donnie dipshit has to make a choice;
Go to prison or take a loss on an investment.
If you think this choice is the reason he can’t pay his dues I have a bridge to sell you.
You don’t understand things that the news says and just repeat them like a parrot.
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you don’t get rich by throwing away money (they’ll never be repaid on that “loan”).
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They want a winning candidate to give them tax breaks. They don’t care about the other stuff. (Hmmm I wonder what that will mean. Trump is setting it up so that political donations go to him personally. Rich donors will see through that.)
Tax breaks are just one of many things they expect to get, but yeah.
Hand jobs?
Massive deregulation and the elimination of the EPA and the NLRB is more what I was thinking
Plus straight up payola in the forms of government contracts, favorable policies, etc etc
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Because businessmen expect ROI. Regardless of how upstanding they may or most definitely not be.
Plus, why lend the money when you can circle back around and scoop up the assets for a bargain after he declares bankruptcy?
I’m tired of living in 2016.
Jokes on you, I’m living in 2020
Invest in Ivermectin. Trust me.
Why what’s going to happen to the horses? Surely we wouldn’t need this for some hypothetical epidemic if one were to occur.
The horses? Vaush! Tacoma wept. You didn’t hear that from me.
I already love the smartass title of the article. “Upstanding Businessman” lmao
Didn’t his son say they get all the money they need from Russia? His buddy just won re-election over there, maybe he can help him out.
If he actually was an “Upstanding Businessman”, they actually might. Need more reasons why they don’t?
My theory is that Trump is, in fact, a crook.
well it looks like the last horse finally finished the race. congrats! not the sharpest knife in the drawer though.
I don’t understand this comment, even if meant sarcastically.
They’re making light of the fact that only now has the author come to the conclusion that Trump is a crook, something known by most of the world years, if not decades, ago.
The author of the article was using sarcasm and pointing out the obvious. It was a clever rhetorical tool.
Oh! Early morning me misunderstood your comment. I thought you were referring to the author’s comment, not the previous commenter. Now I see what you meant.
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Asked, and answered.