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Trump the Magic Dragon! Where are Your Billions?

Donald Trump claims, if you want to believe that, he has $500 million in real money he tried to use to pay for his presidential campaign and is expecting billions of dollars more after a consolidation merger he declared between his web-based entertainment organization and another firm. Interestingly, Trump's team is asking for $5 donations online. The primary beneficiary of this fundraiser will not be the Republican National Committee but rather a political action committee that has been paying the former president's legal bills for his four indictments.  This creates a crisis for his campaign, as Biden has twice the money Trump has for the November election. Republicans are having a hard time raising money for the campaign and, at the same time, helping Trump pay his legal bills. Trump has claimed to be a billionaire, but this is all smoke and mirrors, as he cannot pay his legal bills without selling his assets or begging the public for money.  Trump will have to pay a gigantic $454 million judgment or post bond while he tries to wiggle out a way to keep from paying for his crooked activity. The sum he was requested to pay in a business extortion case in New York must be paid, or his properties could be seized and sold to meet the requirements of his legal fines. The fictions of Trump are beginning to show up in the minds of many voters as his claims of having a lot of money are being exposed …

Donald Trump claims, if you want to believe that, he has $500 million in real money he tried to use to pay for his presidential campaign and is expecting billions of dollars more after a consolidation merger he declared between his web-based entertainment organization and another firm. Interestingly, Trump’s team is asking for $5 donations online. The primary beneficiary of this fundraiser will not be the Republican National Committee but rather a political action committee that has been paying the former president’s legal bills for his four indictments. 

This creates a crisis for his campaign, as Biden has twice the money Trump has for the November election. Republicans are having a hard time raising money for the campaign and, at the same time, helping Trump pay his legal bills. Trump has claimed to be a billionaire, but this is all smoke and mirrors, as he cannot pay his legal bills without selling his assets or begging the public for money. 

Trump will have to pay a gigantic $454 million judgment or post bond while he tries to wiggle out a way to keep from paying for his crooked activity. The sum he was requested to pay in a business extortion case in New York must be paid, or his properties could be seized and sold to meet the requirements of his legal fines. The fictions of Trump are beginning to show up in the minds of many voters as his claims of having a lot of money are being exposed as a falsehood. Eventually, if Trump does not come up with the cash or bond, then  New York Attorney General Letitia James can begin seizing his real estate (Trump Tower, Mar-A-Largo, etc. ) or other assets. The Trump campaign has turned into a financial fiasco, not to mention his threats of violence he claims will happen if he loses. Trump’s right-wing fanatical followers may be planning violence. Ultimately, their ideas of bringing back ancient hatreds cannot be victorious. The Trump campaign seems morally bankrupt in addition to being financially bankrupt.        

 In the meantime, the Democrats are smashing the Republicans in fundraising efforts. To put it mildly, Trump is in big trouble legally and financially. His problems stem from repeated big lies about his wealth that he claimed on financial statements that he gave to banks to acquire loans. Bonding companies have yet to show any indication that they will help Trump as the amount is too large, and Trump has a history of not paying people what he owes them. He expects people to work for free because he claims to be so “great.” Trump has plenty to worry about as he has to pay 120% of the judgment, which amounts to more than $557 million—over half a billion dollars. Trump claims he will appeal, but how will he pay the lawyers? To even appeal, he has to first run through the state appeals process or try to move ahead to a federal court, which usually does not allow such a move in this case. Poor billionaire bum, Trump! We are crying for him?!

 Taking property to settle a debt imposed by a court is quite common. This happened to the KKK when they harassed a Black woman and were found liable and lost their property in that case, to name one of many. The law is clear: Trump must pay up, and his big mouth full of lies won’t help him in this case. Trump owes this money for bank fraud, which he committed for years to build up a real estate empire. He must pay the fine and cannot operate as an officer of any New York Company for three years. Bang! His sons were also found liable. Eric Trump and Donald Trump, Jr. were fined millions as well. For years, Trump lied about how much his property was worth. He did this to make himself look richer than he was to get favorable bank loans. Many are saying he should have gone to jail for this. Additionally, Trump cannot borrow money from any New York bank. As usual, he called the judge “crooked” for his ruling when the crooked label belonged to him.

 Other cases pending are the “hush money” case, the Georgia election felony case, and the secret documents case in Florida. The total number of charges against Trump exceeds 80 at this point. None of these cases are politically motivated, but he uses this excuse to raise funds and support from blind followers. Additionally, a jury in New York unanimously decided that Donald Trump must pay $83.3 million in damages to E. Jean Carroll for defaming her when he denied that he sexually assaulted her in the 1990s and called her a liar. He was essentially accused of rape in that case and, of course, blamed whoever was handy for his crazed behavior. He always claims everything is a “witch hunt” when his lies and illegal activity are exposed. It looks like Trump, the “magic dragon,” has lost his fire. Now, there is just yellow smoke that smells like sulfur.

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