Trump is almost 2 billion in debt and the amount is growing
This discussion thread was locked as off-topic by Emile (a host of the Latest Breaking News forum).
Source: CNN
Former President Donald Trump's debt obligations currently amount to around $1.8 billion, and that amount is growing every month. CNN's Erica Hill speaks with Forbes senior editor Dan Alexander about Trump's financial situation.
Read more: https://www.cnn.com/2024/10/31/politics/video/trump-debt-growing-dan-alexander-ebof-digvid
The big news here is that CNN is actually talking about this less than a week before the election.
This debt would prevent Trump from getting any kind of security clearance for a government contract or job.
C_U_L8R
(45,764 posts)You'd think he'd be flush with cash.
He won't live long in the Kingdom on credit cards.
He must have some overseas stashes
that the IRS doesn't know about. Yet.
They're called Russia and Saudi Arabia.
Emile
(30,780 posts)Ferrets are Cool
(21,990 posts)it will be LEGAL. NOT A FUCKING THING COULD BE DONE ABOUT IT. Thank you SCOTUS.
GB_RN
(3,217 posts)And Korematsu v United States, this is one of the worst decisions ever. And likely, the most dangerous legal decision in the history of the US.
twodogsbarking
(12,271 posts)Clouds Passing
(2,697 posts)Sorry I cant get it to post the gif
BattleRow
(1,256 posts)Clouds Passing
(2,697 posts)Harker
(15,206 posts)Jacson6
(840 posts)He has been stiffing corporations and people all of his life.
FakeNoose
(36,001 posts)Qutzupalotl
(15,161 posts)They give him the power to make exceptions for any company willing to bribe him.
generalbetrayus
(667 posts)wolfie001
(3,844 posts).....Russia and the Saudis will.
BWdem4life
(2,501 posts)meow2u3
(24,935 posts)and that he would misrepresent his debts as his "net worth", or in his case, net worthlessness.
BattleRow
(1,256 posts)Like a carnival mirror?
Btw,does anyone remember a tv commercial from back in the day,where there was a very ordinary looking couple,gazing into a side show mirror ,reflecting not themselves,but a smoking hot young couple?
Trump and his pack must have cornered the market on those magic mirrors.
ZonkerHarris
(25,421 posts)BattleRow
(1,256 posts)JT45242
(2,992 posts)Glad that CNN is finally acting like a news agency, even a little bit, rather than as fox light propaganda.
YessirAtsaFact
(2,112 posts)It's refreshing for a major outlet like CNN to publish this.
I don't know how damaging it will be, a lot of people on the left already knew he was a debt--riddled fraud, but it may sway some undecided voters.
The cult probably won't ever see it and if they do, they will likely say "fake news" and forget about it.
Demobrat
(9,945 posts)Hes going to need the rubes to dig deeper than ever. Deeper than a lousy hundred grand for a cheap tin watch. So what will it be? Will he turn the rooms at one of his roach motels into time shares and offer them at the bargain price of $10 million?
Or will he resort to just plain threats?
Im going with threats. Pay me protection money or the migrants are gonna get you type stuff.
He knows his audience.
FakeNoose
(36,001 posts)Or maybe we'll see new Chinese and Arabian owners of Chump's properties soon.
Whoops, there goes the kiddies' inheritance!
Demobrat
(9,945 posts)And what will he have to offer the Saudis or the Russians? Nothing.
It will have to be the rubes who pay the bills.
They are the only ones dumb enough to keep donating to a failed campaign after the election is over.
FakeNoose
(36,001 posts)The Arabs and Chinese might buy property from him though. Problem with that is Chump has mortgaged EVERYTHING to the hilt. Whatever he sells off, he owes to the banks and creditors.
Demobrat
(9,945 posts)for sale in the US and around the world. There is absolutely no reason to deal with Trump, never mind do him any favors.
Theres no quid in the pro quo. Hes got nuttin.
Up until now theres been the possibility that he could regain power, and thats kept the Pukes in line. But hes old and deteriorating fast, and theres no way he runs again in four years. So overnight his influence there is gone, poof.
So what has he got? Nothing but the rabble that makes up MAGA.
Bayard
(24,145 posts)This looks like another great ad for Kamala, courtesy of the Lincoln Project. Doesn't she already have a clearance as VP?
HereForTheParty
(286 posts)Emile
(30,780 posts)Not a news story, but a link to a video. Belongs in Cable News Clips, not LBN.