Do you believe that Donald Trump is broke?
By The Horse
@TheHorse (226268)
Walnut Creek, California
September 5, 2023 1:13pm CST
I just watched this video. I think it came out today. The guy says that one of Trump's PACs (I think PAC abbreviates "Political Action Committee," or some such--they're the people who beg us for money in emails) had something like $300 million in it at one point, but is not down to about $20 million. The money has apparently been used largely for Trump's presidential campaign, and also for his legal fees. Interestingly he is NOT paying the legal fees for most of those who got themselves in trouble by supporting him and his antics.
If Trump's PACs run dry with all of the litigation ahead of him, will he have to dig into his own money to pay for his campaign and legal fees? And how much money does he really have? I have always assumed he had dirty money tucked away in all corners of the world, but of course I don't know.
This guy also says that many of Trump's co-defendants may start to "flip" on Trump, if they have not already, as they finally going to recognize that he (Trump) has no intention of helping them. Most humans would rather spend less time behind bars.
What do you think? Are Trump's PACs really almost out of money? Trump is probably deep in debt, but do you think he has cash reserves in Switzerland (sorry, Anna) or Russia or Saudi Arabia?
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17 people like this
15 responses
@RasmaSandra (84719)
• Daytona Beach, Florida
5 Sep 23
It's just a gimmick in my opinion to get more sympathizers for Trump.
5 people like this
@TheHorse (226268)
• Walnut Creek, California
7 Sep 23
@RasmaSandra No, that video was made by people who learn to the Left.
1 person likes this
@LadyDuck (473925)
• Switzerland
7 Sep 23
@TheHorse First thing that you should know: Americans cannot have a Bank account here in Switzerland. We had a very small bank account with an American Bank, to use when we came there. Before we could become residents we had to close it... Banks are so scared to "offend" Americans and their strict laws about money laundering. We had to cash a check from an American Broker last year and it was a nightmare.
1 person likes this
@vandana7 (101732)
• India
6 Sep 23
I would not be surprised if he has some Indian helping him out to hide his money. LOL
Kidding...but then, we are such twisted folks. LOL
That said, I do recall him having transferred all his assets upfront before stand up for elections against Gore. So, kinda, whoever loaned him monies subsequently ...should've known it is "buyer beware" law. LOL
2 people like this
@LeaPea2417 (37813)
• Toccoa, Georgia
6 Sep 23
I think he is low on money. He may have some stashed in an overseas bank account. Also, did you hear about his Truth Social being in some kind of trouble?
2 people like this
@LeaPea2417 (37813)
• Toccoa, Georgia
7 Sep 23
@TheHorse I tried to read the article. I didn't understand it.
1 person likes this
@TheHorse (226268)
• Walnut Creek, California
15 Sep 23
@LeaPea2417 An article about Truth Social?
1 person likes this
@DWDavis (25809)
• United States
5 Sep 23
Trump's gimmick has always been to appear rich by spending other people's money. He may not be broke, but he's not flush, either, IMHO.
I hope the people who supported him realize he's cut them loose and won't help them any. They have nothing to lose by throwing him under the bus, repeatedly.
2 people like this
@MarieCoyle (43634)
•
6 Sep 23
@TheHorse
Yes, they do.
I personally don't think he has what he says he has. He has many, many bills from rallies he held for his 2016 presidential campaign, that he has never paid, and never will. He owes a lot of people money, and they won't get paid. He begs for money, but claims to be worth billions. I am sure eventually the truth will come out, we just have to wait and find out.
2 people like this
@TheHorse (226268)
• Walnut Creek, California
6 Sep 23
@MarieCoyle Are you serious? Why did he not pay them. He actually "won" that election, albeit perhaps with some help from Putin and Facebook.
2 people like this
@choijungeun (2672)
• Hangzhou, China
6 Sep 23
I can't believe Trump will go bankrupt,as a Billionare,he must have his B plan
2 people like this
@wolfgirl569 (115719)
• Marion, Ohio
6 Sep 23
He is broke and running out of other people's money
2 people like this
@LindaOHio (188130)
• United States
6 Sep 23
His fund could be running low as I imagine his legal fees must be out of sight. As far as using his own funds, I really don't know if he's as rich as he makes out. Interesting situation. Have a good day.
2 people like this
@snowy22315 (189088)
• United States
7 Sep 23
I am fairly certain he will be broke at some point. No one can afford to pay exorbitant attorney fees all the time, and if he doesn't pay up he will be sued by them as well. Hopefully, sooner or later his followers will smarten up and quit bankrolling their demi God. Did you notice one of his latest ploys? I am being prosecuted for you. I am doing this for you, so you don't have to go through it...trying to make himself appear Christ like to the evangelicals.
1 person likes this
@TheHorse (226268)
• Walnut Creek, California
7 Sep 23
Yes, I did notice that. Quite creepy. But I think I'm safe if I don't default on loans, do pay those who work for me, don't cheat on my taxes, and don't try to overthrow the US government. Ah, and if I don't grope the privates of women I hardly know.
1 person likes this
