Trump is broke! He has no $$$ to lend his campaign.
[QUOTE=SgtSoros;4975522]FYI, Bloomberg is investing $100 million in Florida to help Biden. This will force the cash strapped Trump campaign to divert valuable $$$ resources from other swing states. Trump is currently having a twitter meltdown over this news. It's amusing that you have a Trump, a fake billionaire", having a twitter meltdown over Bloomberg a "real billionaire", spending $$$ to help the Biden team.......lol
[URL]https://www.rawstory.com/2020/09/trump-ragetweets-at-at-michael-bloomberg-for-sinking-100-million-into-florida-to-defeat-him/[/URL][/QUOTE]Actually, I'm surprised no one has publicly connected the dots regarding Donald Trump's obvious down playing of the COVID-19 risks over the last several months.
Trump's net worth (whatever it is) is comprised of a mix of annuity income from branding (allowing the Trump name to be used on a development) and outright ownership of hotels and resorts. The shift towards branding made great sense since virtually every property he owned and operated ended up in default and / or bankruptcy. But his actual holdings are still considerable (think Trump hotels like the one in DC, and his variety of golf courses) and likely form the vast majority of his assets. All of these occupancy- and tourism-dependent properties are entirely dependent on cash flow, with large operating costs and, like restaurants, are only financially viable when operating fairly close to capacity.
There is no question that all of these properties have been hemorrhaging money since March. Whether his cash flow from his branding business is sufficient to keep them afloat is unknown, but highly unlikely since numerous branded properties have ended the relationship during his disastrous tenure as president.
The entire downplaying of the COVID-19 risks is likely pure personal financial panic regarding the mounting losses at these properties and the need to restore tourism and resort traffic.
At some point he will have insufficient cash flow to keep paying his vendors. There is the possibility of some occasional cash advances to tide him over from a friendly oligarch or two, but the banking system is much tighter than it used to be and it would be difficult, if not impossible. To keep this secret.
I expect the shoe (more likely multiple shoes) to drop any day regarding vendor defaults at some of these resorts. It will be a close call whether he can keep this out of the news until Election Day. Whether or not he wins the election, this news will likely start tricking out shortly thereafter.
Like everything else about his presidency, the COVID-19 response is all about Donald. He is ambitious beyond his competence, he is overextended, he is losing money, and he is in trouble. Anyone who has paid attention to his career has seen this movie multiple times before. It's surprising that this it's not more widely recognized.
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Question For The Trump Haters
I'd like to ask the Trump haters if your hatred for Trump is so strong that you're willing to have a woman president? Think about it, if something would happen to Joe Biden and then Kamala Harris would become president would you be cool with that? Something tells me she would do something to get his ass booted out of office just to take over the presidency, I don't like or trust that B.
I also have these Joe "get off my lawn" Biden bumper stickers for a dollar each (joking).
Harris Biden Administration
[QUOTE=RunFast;4979261]I'd like to ask the Trump haters if your hatred for Trump is so strong that you're willing to have a woman president? Think about it, if something would happen to Joe Biden and then Kamala Harris would become president would you be cool with that? Something tells me she would do something to get his ass booted out of office just to take over the presidency, I don't like or trust that B. I also have these Joe "get off my lawn" Biden bumper stickers for a dollar each (joking).[/QUOTE]Did why'all hear Kamala state a Harris administration then have to correct herself? Then later in the some DNC folks referred to it as a Harris-Biden administration and then correct themselves / Freudian slip maybe??
