Little by little, Fuhrer Donald Trump and his organization, are finally facing the music for his decades of flaunting the law. A series of events in February are leading many to conclude that Trumps’ legal and financial woes have multiplied to the point that Trump may become financially insolvent this year. He may have to resort to bankruptcy to try and salvage any assets he owns if he can.
Moreover, I would like to meet that judge who will let Donald Trump keep control of the Trump Tower in a bankruptcy. All the things Trump could get away prior to running for office are out the window.
I don’t know about you, but the “5th Avenue Tower” sounds great to me.
The latest under the radar disaster Trump is facing is the $375m sale of the lease on his Trump Hotel in Washington D.C. Considering the unreliability of the financial statements he has proffered to gain the lease at the marquee Old Post Office building across from the F.B.I. headquarters on Pennsylvania Avenue, the GSA may decide that his lease is null and void. The House Committee on Oversight and Reform submitted a formal request for the GSA to terminate that lease.
This, in effect, would render any sale of that lease impossible. Trump claimed he sold it for $375 millions, which will probably evaporate after Mazars announcement and the House request.
Trump’s net worth is subject to his own interpretations and no one has seen any evidence of those claims.
REMEMBER THE $421 MILLION SHORT-TERM DEBT?
In addition to losing the lease and Trumps’ properties losing money across the board, to include losing more than $100 millions last year on his European resorts, the former occupant of the White House is indebted to a foreign entity, we believe it to be of Russian origin, to the tune of $421 millions. This information is based on his own tax filings.
Trump has always claimed to be worth billions. His net worth is subject to his own interpretations and no one has seen any evidence of those claims. In his mind, Trump may believe that the Trump brand is worth $10 Billions, which effectively wipes out all his debt burdens.
“Trump” brand is not only worthless, but a high liability risk.
TRUMP MAY BECOME FINANCIALLY INSOLVENT
The truth, though, is that his brand is worth very little to nothing. Who wants to be associated with a racist bigot and a misogynist who rapes women? No corporate entity is willing to antagonize not even a small sliver of its consumers for Trump. There are virtually tens of millions of Americans and Europeans, to include this writer, who will boycott any entity carrying the “Trump” name, or any entity doing business with Donald Trump, which means his brand is not only worthless, but a high liability risk. This part Trump does not fully grasp.
As for building more “Trump” assets, or buying them, good luck doing so after Mazars buried him in his own financial coffin. No bank will lend to Trump and his organization.
With the brand’s valuation out of the equation, from what we know from public records, Trump’s financial position may be quite precarious. He keeps denying this but without providing any evidence otherwise. And because of his sensitivity as to his own net worth, this speaks volumes about the reality of his financial statements. If I have to take a guess, I think Trump has a negative net worth. Otherwise, he would have provided evidence to the contrary.
This may explain his unwillingness to pay his own lawyers.
My guess is that he is in a rage and is taking it out on his children. his is why Melania is hunting for a new house maybe. She has grown tired of his tirades, his cheating, his lying, and his temper.
MORE LEAKS AND MORE INFORMATION
Besides facing legal jeopardy and possible financial ruin, it is highly probable, now that Mazars has dropped Trump and his organization, that we may get a peek at his financial information through leaks. It is also possible for the January 6 Commission to take this opportunity to include in its reports more information about the $421 millions Trump owes. In addition to other small financial nuggets to paint a full picture.
Whenever someone hits Trump hard, we know from his reactionary history that if it hurts, Trump goes silent. For a while. He only responds when someone’s attacks matter little to him.
Well, Trump has gone quiet since the House Committee asked the GSA to cancel his Old Post office lease. He has gone quiet since Mazars has issued its damning statement. And he has been quiet since the court asked for his deposition and those of his children to answer questions about January 6.
My guess is that he is in a rage and is taking it out on his children. This is why Melania is hunting for a new house maybe. She has grown sick of his tirades, his cheating, his lying, and his temper.
Melania could make tens of millions writing her own book about Donald one day.
Maybe the other Eva Braun could take it from the other angry Fuhrer, but this Melania can no longer take it from this unhinged Fuhrer.