#wealthy donors won't bail out trump

[tomorrowusa]

« To the Maga base, Trump’s wealth is also a yardstick of his cunning. Trump is estimated to have inherited the equivalent today of $413mn from his father, Fred Trump. A quarter of a century after Trump Sr’s death, his son seems unable to cover roughly that amount.

Some of Trump’s supporters are puzzled that he has not yet been bailed out by one of his wealthy donors. The answer is that he has a history of not paying what he owes. From the world’s biggest banks to America’s smallest contractors, Trump is expert at stiffing creditors.

[ … ]

Trump’s donors prefer his policies to those of Joe Biden, who has vowed a billionaire tax in his second term. In their personal dealings, however, they seem to validate the former New York mayor Michael Bloomberg’s view that with Trump he knows "a con when I see one". »

— Edward Luce at the Financial Times.

Yep, the filthy rich may support Trump but they know better than to trust him with their money.

Trump is a nepo baby who squandered most of Daddy Fred's money. Reality show creator Mark Burnett rescued Trump by casting him as a fake mogul in The Apprentice series in the mid 2000s. It falsely gave tens of millions of TV viewers the impression that the six-times bankrupt Trump really was a savvy genius and not a conman loser.

#donald trump #the trump organization #conman #nepo baby #trump is broke #trump is a loser #trump the deadbeat #trump stiffs creditors #wealthy donors won't bail out trump #defamation damages #e. jean carroll #trump's legal problems #mark burnett #the apprentice #election 2024