General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI really want Trump to lose most of his wealth from this pathetic clown show. Is that possible?
Will he become such a pariah that no one will do business with him and his hotels and brands will start losing money hand over fist? I suppose it's hard for him to be completely broke because all that real-estate will still be worth quite a bit if he is forced to sell. Not sure what he has in stocks.
Cattledog
(5,916 posts)wordpix
(18,652 posts)he kept borrowing money and went bankrupt 6x. Then he runs for president while the IRS is auditing him and he has a phony foundation piggy bank going...did Trump not foresee questions about any of this?
tblue37
(65,409 posts)get some publicity and also soothe his ego because Myers and Obama nailed him at the dinner in 2011.
According to a woman who fell for his candidacy and became a media director for the SuperPAC before becoming disgusted after it was closed down, she discovered that his original plan was just to make a respectable second-place showing in the primaries. But then he started winning and drawing huge crowds, and his ego took over. He became addicted to the adulation and couldn't stop.
He became convinced he really would win the presidency and in his ignorance of the constitutional limits on presidential power, be able to act like a dictator and, as Omarosa imagined, make everyone bow down to him as the "most powerful man in the universe."
Edited to add link to article about that media person in his SuperPAC:
http://patch.com/new-jersey/mendham-chester/trump-doesnt-want-be-president-former-advisor-nj-rips-candidate-0
By Stephanie Cegielski
Even Trump's most trusted advisors didn't expect him to fare this well.
Almost a year ago, recruited for my public relations and public policy expertise, I sat in Trump Tower being told that the goal was to get The Donald to poll in double digits and come in second in delegate count. That was it.
The Trump camp would have been satisfied to see him polling at 12% and taking second place to a candidate who might hold 50%. His candidacy was a protest candidacy.
It pains me to say, but he is the presidential equivalent of Sanjaya on American Idol. President Trump would be President Sanjaya in terms of legitimacy and authority.
SNIP
Lots more at link
http://patch.com/new-jersey/mendham-chester/trump-doesnt-want-be-president-former-advisor-nj-rips-candidate-0
MineralMan
(146,317 posts)wordpix
(18,652 posts)tblue37
(65,409 posts)Bernardo de La Paz
(49,011 posts)wordpix
(18,652 posts)that's before he goes to jail if he doesn't pony up
duncang
(1,907 posts)the bleeding has already started. Booking at some of his places showed it dropping even during the primaries. Someone here posted a chart showing it dropped the first of the year compared to last year the same time. A lot of his low or no risk income is from trump branding. His international branding appears to be taking a hit. Calling a Saudi prince "dopey" in a tweet I'm sure would be cutting off partnerships or funding from there.
wordpix
(18,652 posts)Now we know where his "incredible energy and unsurpassed health" come from.
The Velveteen Ocelot
(115,741 posts)is that he now makes most of his money from licensing his "brand." He doesn't build buildings or own real estate outright so much any more - he can't get loans from any U.S. banks, and chances are that what he does own is mortgaged to the hilt. His whole philosophy on wealth is based on using debt to take advantage of tax deductions. So if he becomes a pariah as a result of this debacle, his name or brand won't be worth used toilet paper - and if nobody wants to slap his name on their golf course or resort or cheap neckties any more, he won't have as much income to pay down his debts. If he can't actually pay his debts the tax deductions will be useless and he'll have to declare personal bankruptcy, not just business bankruptcy.
tblue37
(65,409 posts)tblue37
(65,409 posts)drawn the spotlight to his shady, almost certainly illegal dealings. He could even end up with jail time--or at least serious fines.
ProudToBeBlueInRhody
(16,399 posts)He's in this for the money, and I bet he's profiting bigly.
tblue37
(65,409 posts)and that is why he is ripping off campaign funds to pay into his own companies--usually at inflated prices.
smirkymonkey
(63,221 posts)The Trump name is dirt.
Warpy
(111,277 posts)Big on flash, bling and bluster, low on actual business acumen.
Stuart G
(38,436 posts)How much is that??? We do not know...but I think we will find out, sooner or later..
..........When?..,,,,,,.only the shadow knows.,,,,,,,
,,,,,,,,,,,,,..sorry, had to give that very old radio connection...just had to... sorry...
Dark n Stormy Knight
(9,771 posts)The GoFundMe income will be huge. The pathetic losers who look up to him as some sort of role model cannot bear to have their standard bearer demoted by the crooked Left Wing Media!
titaniumsalute
(4,742 posts)Jim Lane
(11,175 posts)I think he could bring in the ratings -- his fans watching to see him excoriate the Democrats and the Republicans alike, plus a few sensible people watching out of morbid curiosity. If Fox News agrees, then the smell of money would probably erase the memory of past tiffs.
texanwitch
(18,705 posts)Like in Russia.
Somebody body was loaning him money.
Jail might be a safe place for him.