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GoLeft TV

(3,910 posts)
Fri Jul 29, 2016, 02:03 PM Jul 2016

Billionaires Beg Koch Brothers To Pour Money Into Trump Campaign



Donald Trump is desperate for money, and the few GOP donors who have opened their wallets for the man know this. That’s why they are on their hands and knees begging Charles and David Koch to support Trump in the election. Ring of Fire’s Farron Cousins discusses this.
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Billionaires Beg Koch Brothers To Pour Money Into Trump Campaign (Original Post) GoLeft TV Jul 2016 OP
Money alone can fix it? bucolic_frolic Jul 2016 #1
Trump's policies, such as they are, are bad for business. comradebillyboy Jul 2016 #2
We have better watch this carefully.... N_E_1 for Tennis Jul 2016 #3
Your thesis fails. Most billionaires do not have more cash than the assets value would fall. Bernardo de La Paz Jul 2016 #4
he gets PLENTY of free GNEWZ time. pansypoo53219 Jul 2016 #5
I thought Trump was going to finance his own campaign? mdbl Jul 2016 #6

comradebillyboy

(10,174 posts)
2. Trump's policies, such as they are, are bad for business.
Fri Jul 29, 2016, 02:42 PM
Jul 2016

Koch's would lose too much money when Donnie wrecks the economy.

N_E_1 for Tennis

(9,775 posts)
3. We have better watch this carefully....
Fri Jul 29, 2016, 02:56 PM
Jul 2016

Those in the upper, will make tons of money when the economy crashes under Trump.

Loses mean an opportunity to buy and cash in later.

Destruction of our country and the economy are what they are striving for it will line thier purses.
It may burst the purse.

Money is all that matters to the ones in the picture you posted.

Bernardo de La Paz

(49,036 posts)
4. Your thesis fails. Most billionaires do not have more cash than the assets value would fall.
Fri Jul 29, 2016, 03:11 PM
Jul 2016

Rich people don't keep as much in cash as the middle class does keep in bank accounts, etc.

The rich assets are tied up in corporate projects and many illiquid assets.

In a big crash, asset values fall and cash is king -- on this point you are correct. But the Kochs and other 0.1 % can't convert assets to cash to buy other assets when all assets are devaluing.

If Trump were to win (heaven forfend), expect a fire sale on the stock market and some other assets between November 9 and January.

Even so, the other posters are right, fatcats don't want a Trump win. They do not run their businesses the way Trump does: not paying bills and periodically giving creditors a bath in bankruptcy.

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