The Trump business model: Robbing Peter to pay Paul.

[fightforfreedom]

Trumps taxes show Trump lived off daddy's trust funds. He made money off daddy's name and he made money as a reality TV host. That's about it. He used this money to cover all his business failures. He used it to pay lawyers, accountants to bail him out of all his failures, crimes.

When it comes to crimes Trump was mostly a minor league player for most of his life. He would cheat on his taxes. Set up a charity and use that money to bail out his failures. He did the same with his fake school. On Jan 6, Trump left the minor leagues for the major leagues when it comes to crimes.

Daddy's trust funds, daddy's name, money he made as a reality TV host won't bail him out this time.

Trump is one of the luckiest, incompetent, idiots, that has ever lived. He should have stayed in the minor leagues. He could have continued to play the part of a successful business man. Continued to fool people he was something he is not. He should have never run for president and he sure as has hell shouldn't have attempted a coup or steal top secret documents. That's the major league of crimes and Trump is no major league player.

[Buns_of_Fire]

1. I've said it before, and I'll say it again:

If it weren't for daddy's money, he wouldn't qualify as a third-shift manager at the local greasy-spoon diner.

[Javaman]

7. No hair plugs, no veneers, no spray tan

Living in nothing but mickeyD’s. College drop out(no daddies money), smarmy creep with a list of sexual offenses and probably a few bodies buried here and there.

If he did spawn, he probably would have beat his kids and his ex-wife to within an inch of their lives.

He would live in fear of having use the stairs to get to his 3rd story walk up apart

And the entire time, he would always feel that the world owes him something

[ProfessorGAC]

14. He'd Be Scouring Ditches Next The Highway...

...for cans for the scrap aluminum money.

[leftyladyfrommo]

2. It's been a really weird ride. I never in my wildest dreams

Thought we would encounter a man like Trump.

[paleotn]

3. Truth be told he's blown daddy's money and his TV earnings...

long ago, and is in debt up to his eyeballs. If he can't roll the debt over as it matures (borrow again to pay off the previous lender), he's doomed. Most legitimate lenders won't touch him anymore and his name, his only real asset for the last couple of decades, ain't what it use to be. Makes him the perfect stooge for money launderers and other unsavory sorts.

[gab13by13]

6. Trump moved a lot of his money to a small bank in San Diego,

right before the Trump org criminal trial.

[DeeDeeNY]

4. Many years he lost more than any other taxpayer

We've known this for awhile

https://www.newyorker.com/news/our-columnists/as-a-businessman-trump-was-the-biggest-loser-of-all

[Firestorm49]

11. I paid through the nose in taxes last year. Our entire tax system, like the legal system,

is skewed toward the rich and peons like me, who try to find any legal way to reduce my share, generally do t get the advantage of loopholes.

[gab13by13]

5. Trump's name and phone number

was in Jeffrey Epstein's little black book over a dozen times. Having sex with minors is not minor league. Can I prove that Trump had sex with minors at Epstein's parties, No I can't, but in Trump's own words he did say he enjoyed going to those parties where the girls were younger.

Lucky for Trump that Epstein committed suicide, twice.

Several of Trump's "business" failures were intentional, like his Trump Tower in Baku, Azerbaijan. That tower was built in the "bad side" of town, never had an access road and never opened for business because it was used to launder money.

[Firestorm49]

12. Epstein - another successful coverup. They got their fall guy in Maxwell. The rest of the story

is in the little black book, which mysteriously disappeared, never to be discussed again. VICTORY!

[yardwork]

22. I was going to mention the money laundering.

Trump's casinos filed for bankruptcy. That's a sign of money laundering.

Seems to me that Trump was targeted by foreign organized crime long ago. NYC real estate got superheated when the post-USSR business interests got involved. Trump was a sitting duck for them. I figure they own him.

[PatSeg]

8. Yes, I've said that often

Trump should have stayed the big fish in a small pond. He probably could have continued to get away with his crimes and been the occasional center of attention. I'm sure he could have gone on pretending to be a billionaire for many years. Of course, a lot of people would have known he was a fraud and a con artist, but he could still fool a lot of people.

Foolish, foolish man didn't realize that was as good as it was going to get.

[Samrob]

9. More like robbing both Peter and Paul. nt

[Happy Hoosier]

10. It's a pretty classic grift....

And it's the way rich idiots like Trump maintain their lifestyle without actually producing anything.

And the banks support it at every level because everyone gets a taste. The shareholders are left holding the bag. But not the BIG sharegholders... there's all kinds of way to iunsulate THEM from large debt write-offs, it's the institutional investors and funds that take it in the shorts.

So... take out massive loan.... take a slice off the top.... refinance ad naseum... when that can;t be reasonably done anymore, take out another loan to cover it. When the debt gets so large it can't be shuffled, concentrate it in a sacrificial business wihich goes tits up. And because it's a corproation.... a legal entity designed to insulate the owners from any legal or financial responsibility for the business.... the owners can walk away clean. Hell, sometimes not just clean, sometimes with a fuckin' golden parachute. And then they move on to the next grift. And it's all perfectly legal. Becuase these assholes OWN the process... particularly the GOP.

[AverageOldGuy]

13. If you owe the bank $100,000 . . .

. . . the bank owns you.

If you owe the bank $100,000,000, you own the bank.

[Happy Hoosier]

15. Perfectly put. NT

[jaxexpat]

16. That shit would land most people in jail by now.

[SouthernDem4ever]

17. trumpf is an idiot who learned to combine it with being an asshole

that explains most of what he does.

[halfulglas]

18. One of his reasons for pushing us further into authoritarism.

He would have much better access to US government funds with no oversight. Suppress the press. No transparency of spending by government agencies.

[kentuck]

19. The moment the smartest man in the world went bad...

...was the moment he thought he was the smartest man in the world.

[CatWoman]

21. and his refusal to learn the rules of the game

you can't blunder and plunder your way thru government like an idiot.

You must know, or attempt to learn, how government works.

Regardless of how Trump, his followers and other idiots think, the government can't be run like a business.

He had ideas how it should work, according to him. But then he was less than capable of even running a business, much less the government.

That's why he kept stepping on his dick time and time again.

[wiggs]

20. Correct. Though I wouldn't count taking foreign money and support to become potus as

a minor crime. Nor is bribing a foreign leader to win an election minor...nor is it minor to use the power of the office to pressure state election officials to commit crimes

[fightforfreedom]

23. That is true, but you could say all of that is connected to J6.

Sedition and stealing top secrets documents was Trump moving from the minor leagues to the major leagues. Being a narcissist, he probably thought because he was president he could get away it. The power went to his head. He most likely still believes he is not going to be indicted because he was president. Trump believes presidents, including ex presidents are untouchable. What he doesn't understand is this.

We never had a president commit sedition and steal top secret documents. Trump has an extremely twisted brain.

[ThoughtCriminal]

24. Trump robs Peter

pockets the money, and uses bankruptcy to avoid paying Paul.