As the media cycle moves fast, one important story gets buried. Former U.S. President Trump is nowhere near as rich as he claimed to be, why should YOU care?
Who owns his debt? Would they own the country?
Former U.S. President Donald J. Trump has always drawn a line when it came to people insinuating about his wealth. Why? Well, the answer is now very obvious, and it has been legally demonstrated – because he is not the billionaire he claims to be. He is a wealthy man, but he is cash poor. Not being exceedingly rich is not a bad thing, most people in the world are not billionaires, or even millionaires for that matter. The problem is the lies.
So, what if Trump exaggerated about his wealth? What’s the big deal? Glad you asked, because it matters a lot. For starters, if a person is shallow enough to pretend that they are richer than they are – it’s for mainly one of two reasons. First, because they either want to get better rates for loans and services, and use their allure of these riches as leverage. And that is fraud.
The other it is a lot sadder, because that means that they are in-fact lesser than THEY expected THEMSELVES to be – and instead of accepting the facts or moving towards that goal, they pretend they are richer than they are – perhaps to feel better about themselves, but the fact is that they will have to realize that their claims remain false, no matter how many people think these claims are true. Pretending you’re rich does not make you truly rich – might increase your debt though.
So, two problems – both are very problematic sides to the same coin. On the former because that means that they have likely used that leverage to do something that is illegal, and will have to forever watch their backs. And the second is because it is an exploitable factor. Especially if there is somebody with liquidity who would help them “maintain that façade” in exchange for favors and access. It has been reported Trump experienced both of those instances, many times over.
We know now for a fact that Trump has made a lot of very shady deals. He was civilly charged in New York for almost a half-a-billion dollars. He has been unable to pay for these fines. Or even find anybody who would actually lend him the money until he tries to appeal. And this is after Trump was granted an unprecedented break to only pay a fraction of the fine – still, he has been unable to pay any of his bills.
Stiffing others it’s Trump’s Modus Operandi (MO)
If you’ve been alive since at least the 80’s, and unless you were stuck under a rock you would have heard of Trump’s countless hassles (airlines, steaks, water, games, etc.). Many of which went under. Generally, via bankruptcy. I mean, for example his “savvy business man” went bankrupted not one but four times regarding his casinos in Atlantic City, NJ!
But he is also known for not paying his legal bills. Want examples? Sure Rudy Guiliani, and the entire entourage who was part of his upcoming criminal charge in Georgia for election interference were all hung out to try by Trump, owing millions in legal fees to support Trump’s claim of a rigged election. Something that not one of the many trials has been able to prove at all – no one in more than 60.
Right now, every donation that goes to the GOP, as it has Trump’s daughter in Law Lara Trump in charge of the RNC, if you’re a donor – well it is first going to pay for Trump’s legal fees – then to whatever is it that your campaign donation is supposed to do. And yes, donations have taken a plunge in the GOP, and Trump has also destroyed the Grand Old Party with a poignant civil war between so called MAGA Republicans and pretty much everybody else in the conservative universe.
Trump for years was hiding his taxes, and he was very controlling of any release of his finances – even directing his cabinet while being a sitting president to prevent this to be seen by the American people. Why do you think that it is important? Because we need to know if the leader of the free world, and the person in control of the nuclear codes does not have a loan shark from an adversarial nation.
Why? Because if they do, then they are in fact governing our country via Trump’s wallet – rather than the leader of the free world working for the American people. It should be common sense, but it needs to be spelled out. Why? Because right now, since nobody wants to lend trump money to pay his fines, this opens the door for foreign donors to buy influence on a presidential front runner. And yes, that is bad – because then the country gets governed by a loan shark. You don’t want that, do you?
Final thought, don’t get mad at me, rather keep digging for yourself and find out more context for what I’ve mentioned. Trump’s team is working hard to hide this information from you. The information that reaches your ears by his team is carefully selected, keep researching on your own. You’ll thank me later. HLC