Categories
Uncategorized

Trump’s fundraising is sad, pathetic and disqualifying

Yeah, we can laugh at the GoFundMe effort to pay Donald Trump’s $450 million judgment handed down in the New York City fraud trail.  (The fund now has more than $560,000 in donations from 7,200 suckers.) But the hard fact of the matter is that Donald Trump claims he’s going to appeal the judgment, which by law in New York, means he needs to put 120% of the amount due up to file the appeal.

Remember, there are two cases Trump says he’s appealing, both of which require cash up-front:  E. Jean Carroll will tie up about $85 million over the course of Trump’s appeal, and his New York financial fraud case will require at least half a billion to finance the appeal.  Estimates put Trump’s cash reserves between $400- and $600 million, meaning that if he needed to put his own money up for it, he could foot most of the bill, but it would be crippling.

So what’s Trump do?  Sure, GoFundMe might be able to cover the difference–oh, and don’t forget the tax such crowdfunding efforts incur; you don’t want to add to Don’s problems, do you?–but it would literally take years at this pace.  He’s precluded from doing business with any financial institution in New York. And what bank without a relationship with him would loan him the money?  Who–oh, who?–will?

While many have speculated that Trump’s endorsement of Lara Trump, his daughter-in-law with no marketable skills, to be co-chair of the Republican National Committee meant all donor money will go to him, they’re probably not wrong.  But it won’t go to fund Trump’s private court judgments.  Lara will spend the money on his legal fees in DC, Florida and Atlanta.  Don’s on his own in New York.  And that goes with the Super PACs as well:  there’s really no way for them to legally justify spending money on funding Trump’s appeal, and this is way too much money to have it fly under the radar.

That leaves the most likely source:  a private lender.  A major political benefactor–think Peter Theil–could front the money.  But then, a potential President of the United States would publicly owe a billionaire–maybe American, maybe not–a huge some of money.  (Trump, in his Trumpian way, will say such loans are common among people like them who are “really rich,” just like Clarence Thomas sincerely believes old white billionaires suddenly discovered how scintillating he was after he was appointed to the Supreme Court.) That gives Democrats a lot of fodder for ads and attacks, plus having every Republican down ticket defend it.

Of course, Trump could take the path he did after he was booked in Georgia:  he used a bail bondsman, posting 10% instead of the full amount.  But the $200,000 in the Fulton County case is three digits short of the New York amount, and Trump will have to work with companies to get the amount for a surety bond–all while having to provide them with accurate information about the property he’ll use as collateral for such a bond.  And if you’re one of those surety companies, would you believe him?  Plus, Trump would still have to pay the companies a high fee for the use of their money and that will not be cheap:  10% would be gracious.

The final, most desperate measure for Trump would be for him to sell one of his prized properties.  With Melania off the market thanks to the Emancipation Proclamation, Trump would have to find a buyer for a golf course or two.  And this leads to further questions about why someone would buy the property and for whatever price it’s/they’re sold for?

Remember how conservatives cried Hunter Biden only made money on his paintings because of his father’s influence?  Well, imagine that for a Party’s nominee for President.  How much more would someone pay to get on Donald Trump’s good side when he’s in crisis?  Free market economics outlines that a person needing cash will sell something at a lower price than when they’re in a more stable financial situation.  If the Trump properties sell above market value… isn’t that bribery?

A normal politician–even the most pre-MAGA ones–would have stepped aside by this point, knowing that the appearance of impropriety and potential for extortion was just too great.  Trump, of course, won’t admit it.  And unfortunately, neither will his followers.

Created by potrace 1.16, written by Peter Selinger 2001-2019

Dem flips Palm Beach Florida state House seat

2 hours ago

Orange Man endorses Orban, again, for like the third time this year

2 hours ago

John Brennan under criminal investigation

4 hours ago

North Carolina state Senate President concedes primary defeat

5 hours ago

Top Box-o-Wine lieutenant admitted there’s no case against Powell

6 hours ago

WATCH LIVE: Markwayne sworn in as second choice after Noem

8 hours ago

Florida lawmakers end session before banning synthetic opioid

9 hours ago

Ted Cruz hails the courage of Republican Senators who stood up to corrupt, dangerous president and forced him to resign in shame

11 hours ago

Steve Bannon gets excited about deploying ICE for midterms again

12 hours ago

Delta suspends special Congressional fast lane

12 hours ago

Cornhole amped to piss away $200 billion on another forever war

13 hours ago

Groomer just completely screwed in Tennessee GOP gov primary

13 hours ago

Trump to host notorious Jeffrey Epstein accomplice’s brother

14 hours ago

Couchman outraged at air travelers mocking, heckling ICE agents

14 hours ago

Jaydee privately rips into Netanyahu over West Bank settler rioting

15 hours ago

Fat Hitler votes by mail, again

16 hours ago

Bloomberg reports lobster in life vest a symbol of business peril

16 hours ago

You’ll never guess who cut off a dead raccoon’s cock and saved it

1 day ago

Oversharing online in 2026: Is now the time?

1 day ago

Regime paying French company $1 billion to not build wind farms

1 day ago

WATCH LIVE: SAVE Act kayfabe continues

1 day ago

Kalshi to ban athletes and politicians from platform

1 day ago

Top AIPAC donor, OnlyFans founder dead at 43

1 day ago

Frau Ingraham says paying TSA an unacceptable surrender

1 day ago

Orange God Emperor skipping mass cult gathering

1 day ago

Quadruple amputee arrested for shooting passenger dead while driving: DC CBS affiliate that also says suspect a “cornhole player”

1 day ago

Trump headlines some bullshit “safety” event: Watch live

1 day ago

“Linda in Arizona” came up with ICE at airports idea

1 day ago

Charlie Kirk’s “mentor” dead of “freak” pickleball accident at 76

1 day ago

WATCH LIVE: Orange Mental Patient yells at reporters

1 day ago

Welsh drug dealer told to turn self in during normal business hours

1 day ago

Viktor Orban orders probe into Russian collusion accusations

2 days ago

Comer not so sure Iranian state TV being honest or trustworthy

2 days ago

Fentanyl found in Missouri store’s Barbie dolls

2 days ago

Newark Liberty Airport evacuated, FAA orders ground stop

2 days ago

Top incel thought leader skeptical of Trump foreign policy moves

2 days ago

Iranian TV: “US president backs down following Iran’s firm warning”

2 days ago

LOOKS LIKE SOMEONE FREAKED OUT AT $99/BARREL OIL

2 days ago

“Some Republicans took that as a threat, not a reward”

2 days ago

Fox News reports Biden-Buttigieg chaos unending

2 days ago

California MAGA sheriff/gov hopeful seizes county’s Prop 50 ballots

2 days ago

Tom Homan less than enthusiastic over TSA job: Live updates

3 days ago

“Democrat Party” officially designated greatest enemy of America

3 days ago

British official says London outside of Iranian missile range

3 days ago

Someday far more will be saying the same about Trump

3 days ago

No one’s coming to SAVE you

3 days ago

Ohio State Trooper rescues injured owl from side of highway

4 days ago

Iranian missile fragments rain near Temple Mount

4 days ago

Not Movie Night Friday: The Great Secession

4 days ago

Orange Warlord “considers winding down” Iran clusterfuck

4 days ago

x
x
x
x
x
x