• resetbypeer@lemmy.world
    link
    fedilink
    arrow-up
    168
    ·
    3 months ago

    I mean let’s be honest, you gotta be some special kind of stupid to give money to somebody who bankrups a casino, let me repeat a CASINO

      • thesohoriots@lemmy.world
        link
        fedilink
        English
        arrow-up
        42
        ·
        3 months ago

        And he doesn’t even drink. Which calls to mind Hunter S. Thompson:

        “It was Bogart who said, ‘You can’t trust a man who doesn’t drink.’ And it was Raoul Duke who said, ‘I’d never buy a used car from Nixon unless he was drunk.’”

    • SuperDuper@lemmy.world
      link
      fedilink
      arrow-up
      60
      ·
      3 months ago

      It’s literally a free money from dumb people machine that he bankrupted by using it as his personal piggy bank.

      Now he’s turned the RNC into a free money from dumb people machine and he’s using it as his personal piggy bank.

    • InternetUser2012@midwest.social
      link
      fedilink
      arrow-up
      26
      ·
      3 months ago

      During the CASINO BOOM!!! Then as a little footnote, gets bailed out by Wilbur Ross, who becomes secretary of commerce. The coal baron Wilbur Ross.

  • Rapidcreek@lemmy.worldOP
    link
    fedilink
    arrow-up
    77
    ·
    edit-2
    3 months ago

    Well Donald doesn’t have half a billion dollars, but you know who does?

    Taylor Swift

    Maybe he could ask her…wait…,that won’t work…nevermind

  • downpunxx@fedia.io
    link
    fedilink
    arrow-up
    63
    ·
    3 months ago

    “Trump has built his entire business career on the premise that laws are merely suggestions. The method has generally succeeded. When the government tried to make him allow Black people to live in his father’s apartment buildings, he defied the law and repeated Justice Department efforts to force compliance. He and his father funneled millions of dollars into his pockets illegally via a tax-fraud scheme of shell companies and phony paperwork. He repeatedly and habitually refuses to pay contractors for services rendered. He boasted that he could buy off public officials, a belief that, correct or not, explained his brazen willingness to cheat and steal.”

    muah chefs kiss

    wish the article would have mentioned Trump being born the scion of a white supremacist new york construction company owner he was brought up in both the kkk and mafia

    • whereisk@lemmy.world
      link
      fedilink
      arrow-up
      17
      ·
      3 months ago

      That Trump, wanna be dictator, of German descent, loves authoritarians, has been reading Mein Kampf, and thinks Hitler “did some good things” would be too much on the fucking nose even for a movie script to add to the list.

  • bostonbananarama@lemmy.world
    link
    fedilink
    arrow-up
    51
    ·
    3 months ago

    The real question is why does someone who claims to be worth around $6B need a loan at all? It just doesn’t make sense. /s

    • qaz@lemmy.world
      link
      fedilink
      arrow-up
      6
      ·
      edit-2
      3 months ago

      Serious answer: Because most wealth isn’t liquid and liquation can take a while.

      EDIT: In general, obviously not the case now

      • TheRealKuni@lemmy.world
        link
        fedilink
        English
        arrow-up
        29
        ·
        3 months ago

        This is an attempt to secure a bond. To secure that bond he needs to put up collateral. His lawyers said banks are asking for collateral around $550 million or something, higher than the value of the bond. I can’t recall off the top of my head the actual value.

        His lawyers said he is unable to provide that collateral.

        Which means that his assets can’t cover the bond. Unless I’m misunderstanding something.

      • skozzii@lemmy.ca
        link
        fedilink
        arrow-up
        22
        ·
        edit-2
        3 months ago

        Very false, anyone with actual money and assets has proper valuations gathered and strong relationships with banks and partners, if at any point they need access to that money they would have a line up of people ready to fiance them short term.

        I don’t have anywhere near a billion but if I need access to liquid assets I have a ton of ways to do that.

        If any of his financial claims were true and could be verified with documents he would have had his money within an hour.

        • mojofrododojo@lemmy.world
          link
          fedilink
          English
          arrow-up
          2
          ·
          3 months ago

          coupled with the nature of his crimes making him radioactive to potential future creditors… and uncertainty of his entire business in the state of ny… and when they do attempt to secure the collateral on his properties, they’ll begin to lose value quickly because everyone will know he’s selling no matter what.

        • qaz@lemmy.world
          link
          fedilink
          arrow-up
          1
          ·
          edit-2
          3 months ago

          Yes, but quickly liquidating assets means less returns. So a loan (even with interest) might make more sense in general although I doubt that’s the case here.

          • YeetPics@mander.xyz
            link
            fedilink
            arrow-up
            6
            ·
            3 months ago

            So Donnie dipshit has to make a choice;

            Go to prison or take a loss on an investment.

            If you think this choice is the reason he can’t pay his dues I have a bridge to sell you.

  • BarqsHasBite@lemmy.world
    link
    fedilink
    arrow-up
    34
    ·
    edit-2
    3 months ago
    1. you don’t get rich by throwing away money (they’ll never be repaid on that “loan”).

    2. They want a winning candidate to give them tax breaks. They don’t care about the other stuff. (Hmmm I wonder what that will mean. Trump is setting it up so that political donations go to him personally. Rich donors will see through that.)

  • ATDA@lemmy.world
    link
    fedilink
    arrow-up
    29
    ·
    3 months ago

    Because businessmen expect ROI. Regardless of how upstanding they may or most definitely not be.

    • Thrillhouse@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      3 months ago

      Plus, why lend the money when you can circle back around and scoop up the assets for a bargain after he declares bankruptcy?

  • Son_of_dad@lemmy.world
    link
    fedilink
    arrow-up
    18
    ·
    edit-2
    3 months ago

    Didn’t his son say they get all the money they need from Russia? His buddy just won re-election over there, maybe he can help him out.

  • Treczoks@lemm.ee
    cake
    link
    fedilink
    arrow-up
    14
    ·
    3 months ago

    If he actually was an “Upstanding Businessman”, they actually might. Need more reasons why they don’t?

  • originalucifer@moist.catsweat.com
    link
    fedilink
    arrow-up
    10
    ·
    3 months ago

    My theory is that Trump is, in fact, a crook.

    well it looks like the last horse finally finished the race. congrats! not the sharpest knife in the drawer though.

      • SoleInvictus@lemmy.world
        link
        fedilink
        arrow-up
        3
        ·
        3 months ago

        They’re making light of the fact that only now has the author come to the conclusion that Trump is a crook, something known by most of the world years, if not decades, ago.

        • AmidFuror@fedia.io
          link
          fedilink
          arrow-up
          2
          ·
          3 months ago

          The author of the article was using sarcasm and pointing out the obvious. It was a clever rhetorical tool.

          • SoleInvictus@lemmy.world
            link
            fedilink
            arrow-up
            3
            ·
            3 months ago

            Oh! Early morning me misunderstood your comment. I thought you were referring to the author’s comment, not the previous commenter. Now I see what you meant.

  • itsonlygeorge
    link
    fedilink
    arrow-up
    3
    ·
    3 months ago

    They’re not gonna loan him any money because he’s just gonna get it from daddy Putin.

    • cordlesslamp@lemmy.today
      link
      fedilink
      arrow-up
      1
      ·
      3 months ago

      I heard daddy putin just lost 1/3 of his black sea naval force to a country that has no naval force, so things aren’t going so hot for him either.

  • answersplease77@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    3 months ago

    Because he’s lying and is used to leeching on others whenever he needs anything. His son in law and Ivanka and him are all worth billions. I hope he faces prison before he dies

  • Empricorn@feddit.nl
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    3 months ago

    They will. I guarantee someone is going to swoop in and bail him out. Will he become president and *thus be in a position to reward them? That’s the real question…