Was Donald Trump starved for cash in fall 2016, when 62 million voters cast ballots for a candidate who told them repeatedly that he was “rich — really, really rich.”
The way that Trump “funneled” hush money to a porn actress just 11 days before the election sure makes it look that way. This would be consistent with four decades of Trump claiming vast wealth, but not being able to pay his bills as they come due.
As you read what follows keep two thoughts in mind.
First, would any billionaire need months to pay a $130,000 bill?
Second, there is not now and never has been a shred of verifiable evidence that Trump is or ever was a billionaire, a myth I first demolished using his own net worth statement prepared for a lawsuit in spring 1990.
Trump called me a liar back then for four months until he had to put into the public record his bankers’ assessment of his riches. The bankers calculated that Trump was worth a negative $295 million.
Casino regulators concluded that without many tens of millions of new loans, Trump could not pay his bills coming due over the next several years, not exactly the story of someone with a net worth in eight figures. This also is not the story one expects of anyone who owns three large casinos.
Rudy Giuliani revived the issue of whether Trump merely poses as a billionaire during his Wednesday night chat with Fox entertainer Sean Hannity. No doubt that was not what he intended.
During a rambling chat full of legal nonsense, meandering syntax and ludicrous assertions that captivated reporters and pundits, Giuliani also revealed that Trump took four months or more to pay the hush money to Stephanie Clifford, better known as the porn star Stormy Daniels. The news focused on the admission that Trump did pay the hush money, showing that the president and the White House lied earlier.
But the more significant revelation came when Giuliani said that it took Trump four months or more to pay the bill. Think of it as one of those 90-days same-as-cash deals that merchants with excess goods offer so they can generate enough immediate cash to pay their bills.
Trump's money is in assets, not physical cash. Life isn't like Scrooge McDuck swimming through mountains of cash. This is the case for every rich person in the world.
Charles Wright
I don't normally believe in 3d chess, but this is clearly 3d chess.
Adam Sullivan
>Second, there is not now and never has been a shred of verifiable evidence that Trump is or ever was a billionaire, a myth I first demolished using his own net worth statement prepared for a lawsuit in spring 1990. >1990
Wyatt Sullivan
Trump lawyer Michael Cohen “funneled it [the $130,000] through a law firm and the president repaid it,” Giuliani said, speaking with Trump’s advance knowledge.
“You’re going to do a couple of checks for $130,000,” Giuliani said.
Why Trump didn’t pay with a single check, as any mere multimillionaire could be expected to do. Giuliani didn’t say, and the entertainer Hannity didn’t ask even though his show appears on Fox News.
Some reporters and pundits cited the multiple payments as potential violations of the federal Cash Transaction Report rules on payments of more than $10,000. But those rules don’t apply to checks and do not apply to payments for services.
Then came the real news, however much unintended by Giuliani. His very next words: “When I heard Cohen’s retainer of $35,000 when he was doing no work for the president, I said that’s how he’s repaying — that’s how he’s repaying it with a little profit and a little margin for paying taxes for Michael.”
“The president reimbursed that over a period of several months,” Giuliani said.
Pretty much anyone who has any money doesn't keep it all in cash. Even though I could easily pay a bill for $130k it would take me at least a week or two for all the transactions to clear in order to get that cash into one account so I could cut the check.
So just keep asking yourself, and asking others: Have you ever heard of a multibillionaire who couldn’t pay a $130,000 bill and needed a 120-day or longer loan from his lawyer to cover the bill?
TL;DR - Drumpf claims to have $1.4 billion under oath but actually is worth under $1 million, possibly under $200k.
I guess we can forget about that whole tax return thing since he was so broke, wow how far has Drumpf fallen. Now he is a US government employee wage cuck.
>The way that Trump “funneled” hush money to a porn actress just 11 days before the election sure makes it look that way. You mean the way he avoided cutting her a check with his name on it, and "PAYMENT FOR SECKS" in the comment line shows that he's broke?
What dont leftists understand wealth at all? It's not a measure of cash on hand, you dumb fucks, and it literally never was.
Jaxson Gray
He didn't become a billionaire by paying in full when he could pay in installments interest free. Fucking leftists again confirm they are retarded about anything related to finance or money.
Caleb Price
I wouldn't give it to her all at once. The smart thing to do would have been to give her a piece here and a piece there. Just throw the entire $130k at her and she'd have no incentive to keep her mouth shout. She's proven that once she had the whole chunk in her pocket she could not be trusted to keep her word. She did try to blackmail him toward the end of the election. I would have dragged it out as long as possible, too.
I know at least a couple of multi millionaires who would have to do shit like use equity lines of credit if they want to make purchases in the 10k range. Operating your life on a cash flow basis gets like that.
Ryan Jenkins
Damn he prob only has 1 ply then on his jet
Jonathan Walker
If Donald was broke, would he be giving away his presidential salary?
Robert Hernandez
You know some accusations can be written off as ridiculous and some accusations just make a person think the accuser might actually be retarded. This is the latter OP.
Brody Wright
if Salon said the sky was blue I'd look out the window and check
Jace Nguyen
>assets are cash How will you ever learn if you think you're smart enough already? How will you ever win another election?
Hunter Walker
>salon
Blake Brooks
>So just keep asking yourself, and asking others: Have you ever heard of a multibillionaire who couldn’t pay a $130,000 bill and needed a 120-day or longer loan from his lawyer to cover the bill?
No.
I sit at the adult table, so I just keep asking myself and others adult questions like how Trump will end the Korean war and the Syrian civil war.
Zachary Williams
Didn’t vote for him because he was rich, voted for him out of spite for his opposition. Will do it again in 2020, too, probably.
Jace Lewis
Billionaires in america are always "broke". That way they dont have to pay taxes.
Caleb Garcia
These poor fucks are so desperate.
Michael Bailey
Why would you expect socialists to understand economics?
KYS you fucking faggot ass shill. Go put your fucking Ukraine flag proxy back on
Brody Howard
No. You have to look at it realistically. A person claiming to be worth 1.4 Billion needing to pay off a 130K loan in installments is equivalent to someone making 50K a year needing installments to pay off a bill of less than 5 Dollars. The story is just not credible.
Andrew Perry
Not the Rothschild and other lampshade families.
Gabriel Ramirez
>possibly under $200k Lolololklklklklklolololkl there is no way. As president he makes 400k a year. Stupid fucking shitpost. God damn nigger. Assets... ASSSSSEEEETTTTTTTSSSSS!!!! REEEEEE=E=EEEEEEEE.
I think he wated to be rembered as a king of the World because he is white.
Charles Nelson
Didn’t he deny the president wage during his first week?
Evan Jackson
As someone who actually does forensic accounting; this is bait.
Chase Roberts
People keep $5 in their wallet. People don't keep $50K in their wallet or their house because that is retarded for a number of reasons I wouldn't expect retarded Bernouts to understand.
Landon Cox
>A broke billionaire Do you see the idiocy in that statement?
Ryan Cooper
He has to take it and was donating it. First couple of paychecks were news stories but it's kind of low key now if it's even still happening.
>trump brings on political celebrity rudy giuliani to advance false narrative in order to misdirect public and enemies while he drains the swamp
Nathaniel Collins
It's just alliteration for the sake of a title. He's actually dead broke. Despite getting $1 million for free early in life and a larger chunk of change later in life he's worth LESS than $1 million today.
And this is the man people say is good at business. If he did nothing but take the money his family game him for free and put it in an index fund he'd have 500x the money he has now.
>in 1990..... literally 30 years ago, during a massive crash in the real estate market
Trump's net worth is not liquid, it's held as assets. Buildings, golf courses....etc. It's not just a wad of cash sitting in his bank account
Ethan Johnson
Hmm...Plebbits or ShariaBlue fags ? Btw he's President.
Ryder Hughes
So you're saying Trump is actually poor like all of his voter base and is a perfect representative of the people?
Elijah King
Directly after the election address he signed it off and said it should go to needy veterans. And the "people" that concocted this mess of an "article" present no factual financial information to back any of their spurious accusations beyond "hurr Blumph didn't pay a debt right away duuurrrr!". That's like asking why a person who just financed a new car why they didn't immediately pay back the debt. >HIVStory
If you've got $5 there's not shit you can do with that. With $130k you can leverage that into 4-5 properties pretty safely. Wealthy people do not treat money the same way as us plebs.
Kayden Reyes
being broke means you don't have cash to spend. it doesn't mean anything about your net worth.
Ayden Gutierrez
Is this one of those people think all assets are liquid kind of deal?
Easton Ross
This
Henry Morales
#trumpissobroke
its pretty fucking obvious he was desperate for Russian cash after 2008, him and Kushner.
Kushner really screwed the pooch with 666 and without the Russkies he would not be affording even 1 percent of Ivanka's lifestyle
Jose Foster
>downplaying his assets in a lawsuit >this is proof hes not a billionaire
His 2 main buildings in NYC and chicago alone exceed a billion dollars.
David Brown
Only you shills.
Leo Long
i have one question, how the fuck can i get millions in loans ?
Sebastian Wright
No. I think you have some nigger in you.
Eli Hall
if Trump is broke, I'm on the verge of death somewhere in Congo with flies all over my face, malnutritrion, literally dying of thirst and starving in the blazing sun while some vulture already took a first bite of my soon decaying flesh.
Trump isn't broke.
Colton Robinson
yes.
Thomas Howard
Live in America not yuropoor
I just asked the guy on the corner for a cool mill the other day
Jose Jenkins
>DRUMPF IS BROKE HE NEVER EVEN MADE ANY MONEY
>FUCKING DRUMPF DIDN'T PAY TAXES ON HIS BILLIONS OF DOLLARS
Hmm
Carson Anderson
Retards dont realize that wealth is measured in assets, and cash itself is rarely an asset worth major investment, it almost never is.
These retards also dont realize that Trump considers his own persona as an asset he values between .5-2 billion dollars, depending on his mood. He's said as much in an interview. that may seem silly, but look who's president.
Brayden Young
oh, and what is his ownership percentage? and what is the debt on these buildings?
hahahahahahah
and what has been his cash flow lately now that his russky pipeline is under scrutiny? golf courses are sooooo fucking profitable, especially scottish golf courses, trump must be bleeding cash hahahahahah
Bentley Russell
Becoming a billionaire is as simple as developing psychic powers. Fucking DRUMPF...
Jaxson Brown
DRUMPFFPPXPFF DOESNT HAVE 10 BILLION IN CASH THAT MEANS HES POOR
lol, too poor to understand how much money is tied up in golf, doesnt account for real assets when measuring wealth until he's called out on it, and yet still tries to speak like he's some authority on the whole topic. Try harder, kid.
Tyler Perez
Well the Trump name's a big asset, it's why the banks didn't chase him down during the 90's recession. If they take the properties but without the Trump branding the prices plummet.
Evan Baker
The left cannot logic
To add: we finally elected that unicorn candidate that wasn't rich so everyone should be happy!
Gabriel Collins
This entire conspiracy about DJT's wealth revolves around a gross failure of banks to check the debts of one another; and it would mean that Donald Trump has successfully engaged in the world's largest and longest mortgage fraud over multiple decades without getting caught. Some of the smartest people who've ever tried this shit in financing couldn't maintain a network one hundredth as large as the network of debts and assets that Donald Trump holds. You're talking about something that is physically impossible to conceal to even the most inept forensic accountant. Considering he's been audited multiple times over the course of his business career and not a single person has been able to discover such a scheme if it were true would be such a gross level of incompetence that I don't even think the IRS or the Treasury Department could fuck up that badly. I don't think people have truly thought over the ramifications that if this is true Donald Trump would be a criminal mastermind dwarfing Meyer Lansky in almost every department.
