Send a Tweet
Most Popular Choices
Share on Facebook 34 Share on Twitter Printer Friendly Page More Sharing
OpEdNews Op Eds    H3'ed 6/5/16

The fall of Trump's house of cards?

By       (Page 1 of 1 pages)   5 comments
Message Doug Thompson
Become a Fan
  (2 fans)

Reprinted from Capitol Hill Blue

Donald Trump:
Donald Trump: 'Who, me lie?'
(Image by PlayBuzz)
  Details   DMCA

Since his unpredictable rise to the top of the once-crowded field of Republican Presidential wannabes, those who shake their head in despair have frequently predicted his political demise, buried under the collapsing house of cards that illustrates his carefully crafted "brand."

Each prediction, to date, has proved wrong as gullible Trumpites flock around in the latest celebrity-driven orgy of greed and lust.

But Trump's pursuit of a Presidency he neither deserves or should achieve is coming apart as more and more details of his questionable business antics and fraudulent activities emerge.

Disclosures this week of the flagrant drive to bury people who can't afford it into thousands of dollars in debt through his illegal, immoral and outright con called Trump University show Trump, the flashy "billionaire" may be a man who is barely hanging on in a con game of a debt-ridden, failed businessman who is one-step away from losing it all.

Daniel W. Drezner, a professor of international politics at the Fletcher School of Law and Diplomacy at Tufts University, says the past week alone shows Trump is a desperate man who is trying to manipulate his presidential run into a last-gap for financial survival.

Some people who have real money have been whispering for months that Trump is nowhere as rich as he claims and is debt up to his ass, paying overdue bills with money raised in fraudulent schemes like "Trump University" and by turning a run for President into an endless "infomercial" to hawk his "brand" by even using campaign press conferences to promote his wine, his steaks, water and even playing cards.

Billionaire entrepreneur Mark Cuban, described by Drezner as "a real billionaire," told WABC radio in New York this week that he doubts Trump is worth anywhere near what he claims and may not even be a billionaire. Cuban is not alone. Forbes Magazine, which keeps track of who earns what among the high-dollar types, puts Trump's net worth far below what he claims.

Cuban says Trump's branding stunts is "more a reflection of desperation" by a bad businessman in need of money fast.

"I asked, 'What the hell are you doing?' Are you that desperate for money?'" Cuban said.

In close examination of Trump's filings with the FEC, Cuban said:

"Before all the Trumpians jump on me on who has more money, the reason I know is when you file your federal election campaign reports, you have to list all your cash and liquid securities and bonds. You have to list them one by one. So we know without any question that as of May 27, Donald doesn't have more than $165 million in cash and securities and bonds. I've got a lot of more than that in cash, securities, and bonds, And so you know, I'm willing to bet dimes against dollars that that's pretty much what he's got."

Drezner suggests Trump is failing in so many areas of his business "empire" that he has turned to running for President as a last gasp.

"Yes, it is sad. Trump is using his presidential campaign to try to counteract reversals he might be suffering in the business world," Drezner wrote Thursday in The Washington Post. "But anyone who thinks that Trump would not use the vast powers of the presidency to advance his own business interests is delusional. Trump's behavior over the past few days raises a disturbing scenario; that he intends to use the power of the presidency to arrest any slide in his business enterprises."

He concludes his observations with:

"I don't know why Donald Trump decided to run for president in the first place. But I'm beginning to wonder if his motivation to win now is less about making America great again and more about avoiding yet another Trump bankruptcy."

Must Read 3   Well Said 2   Funny 2  
Rate It | View Ratings

Doug Thompson Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Doug Thompson published his first story and photo at age 11 -- a newspaper article about racism and the Klan in Prince Edward County, VA, in 1958. From that point on, he decided to become a newspaperman and did just that -- reporting news and (more...)

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
   (Opens new browser window)

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Donald Trump: Racist, bigot, hater and crook

John Boehner: When drunks lead Congress, disaster is the only option

Michele Bachmann: Suffering from diarrhea of the mouth

Americans say they've had enough of Trump's lies

Time to end Trump's terror campaign to destroy America

Who in hell named Trump "anointed one"?

To View Comments or Join the Conversation:

Tell A Friend