As his businesses lost hundreds of millions of dollars, Trump had two sources of ‘oncome’.

 Borrowing, hundreds of millions at a time, and selling his ‘name’.

BUT, no one will loan to him any more, with hundreds of millions in debt coming due, not to mention potential tax payments and penalties if/when he is found guilty of tax fraud,  and his ‘name’ has become toxic, as many of his properties have paid good money to remove his moniker from their experiments.

Yup, the guy who was elected but the clueless sheep cuz he was such a great businessman, has prospered by living on the edge, profiting from lawsuits and bankruptcies.

Let’s see ho that works for you now, Dotard, since your schemes have been exposed, and only the gullible and ignorant among us(R) swallow your lies.

Trump emerges as a man living large, losing large, and constantly staying just one step ahead of his creditors. His businesses lose money. This gives him tax losses but the need for cash to keep living large. He gets lots of money -- some $300 million at least -- from borrowing. And Trump, the self-proclaimed King of Debt, knows that borrowing is not taxable income.

The game was nearly up for Trump before the 2016 election, and this may be why he ran for office: to boost the value of his brand, to keep the scheme going. 
    Lo and behold, Trump won the presidency in 2016, putting off his own personal day of reckoning. But for the whole time he has been living rent free in the White House, Trump has been a desperate man, facing massive debts and looking for someone else to pay them off.
    Good luck with that now, Dotard.

    Comments

    Popular posts from this blog

    Guest columnist

    You think the Repub brand is tarnished now?

    Great 'bargains' at the local Sprouts store