Trump Has No Money, So...?

[r3volution 3.0]

Through the end of March this year, Trump and associated PACs have raised $51.4 million, with $2.4 million remaining.

Hillary and associated PACs have raised $262.7 million, with $74.3 million remaining.

In other words, Hillary raised more than 5 times what Trump raised, and has more than 30 times as much remaining.

Trump is not exactly popular with the GOP donor class, nor with grassroots conservatives.

How is he going to be even remotely competitive in the money race?

Self-funding? Don't count on it. I doubt Trump's assets are very liquid, or that he'd part with more than a token amount of them. Well, he hasn't spent much to win the primary, so maybe he doesn't need money to beat Hillary? Nope. He didn't need money in the primary because he got billions in free advertising in GOP media. For the general, you need to reach beyond GOP media, which is not going to be giving him free time; he'll have to pay for it.

Trump's already getting crushed in the polls, losing every state Romney lost and then some (including deep red Utah, Arizona, and Missouri).

What happens when Hillary blasts him with $200 million in negative ads, and he has nothing to offer in response?

[WTLaw]

"i'm really rich"


Trump at his kickoff press conference. Well, glad he gets to put some of his money into the economy.

[CPUd]

He will have to liquidate some of his properties. He mentioned it this morning, after saying he doesn't want or need everyone in the GOP uniting behind him.

[CPUd]

He cannot access RNC funds until he gets the nomination. It would be fitting if he sold the Trump Tower to someone who turned it into a Islamic outreach center (AKA OMG Mosque on Ground ZERO!!1)

[Natural Citizen]

I don't think loot is an issue with Trump. He's one of those people whose ego can be backed up by his checkbook.

[luctor-et-emergo]

He will have to liquidate some of his properties. He mentioned it this morning, after saying he doesn't want or need everyone in the GOP uniting behind him.

Ah well, I guess another bankruptcy would be #WINNING in his book as well. Somehow I don't think he'll go all-in with his own money.

P.S. Yes I know those weren't personal bankruptcies.

[erowe1]

In 2012 Obama and Romney each spent over $1 Billion. Trump will need more than that. He's not going to come up with the bulk of that with his own money.

[Jamesiv1]

Through the end of March this year, Trump and associated PACs have raised $51.4 million, with $2.4 million remaining.

Hillary and associated PACs have raised $262.7 million, with $74.3 million remaining.

In other words, Hillary raised more than 5 times what Trump raised, and has more than 30 times as much remaining.

Trump is not exactly popular with the GOP donor class, nor with grassroots conservatives.

How is he going to be even remotely competitive in the money race?

Self-funding? Don't count on it. I doubt Trump's assets are very liquid, or that he'd part with more than a token amount of them. Well, he hasn't spent much to win the primary, so maybe he doesn't need money to beat Hillary? Nope. He didn't need money in the primary because he got billions in free advertising in GOP media. For the general, you need to reach beyond GOP media, which is not going to be giving him free time; he'll have to pay for it.

Trump's already getting crushed in the polls, losing every state Romney lost and then some (including deep red Utah, Arizona, and Missouri).

What happens when Hillary blasts him with $200 million in negative ads, and he has nothing to offer in response?

He will reach into his bag of words.

He's got da best.

[FindLiberty]

What's with this empty thrashing into the air over Trump's supposed, "lack of money"?
This thread cannot seriously be intended to stump the Trump, or are you kidding?

Are you feeling frustrated and angry that he is winning hearts, minds and
probably the GOP nomination? Trump might become the next POTUS-elect
in November only to be out-voted by the electoral college soon after! So,
don't give up all hope just yet.

Think happy thoughts, "He still might just be a shill to get Clinton elected."

Have you ever thought about what could happen when the full coercive force
of the government (of the largest, most powerful nation in the word) gets
applied by a smart president to fix all the many things wrong with America?

Well, try not to do that, 'cause it's bound to fail, spectacularly...

[CPUd]

What's with this empty thrashing into the air over Trump's supposed, "lack of money"?
This thread cannot seriously be intended to stump the Trump, or are you kidding?

Are you feeling frustrated and angry that he is winning hearts, minds and
probably the GOP nomination? Trump might become the next POTUS-elect
in November only to be out-voted by the electoral college soon after! So,
don't give up all hope just yet.

Think happy thoughts, "He still might just be a shill to get Clinton elected."

Have you ever thought about what could happen when the full coercive force
of the government (of the largest, most powerful nation in the word) gets
applied by a smart president to fix all the many things wrong with America?

Well, try not to do that, 'cause it's bound to fail, spectacularly...

Some dude on facebook said Trump was gonna repeal obamacare

[anaconda]

Have you ever thought about what could happen when the full coercive force
of the government (of the largest, most powerful nation in the word) gets
applied by a smart president to fix all the many things wrong with America?

Well, try not to do that, 'cause it's bound to fail, spectacularly...

I have considered what the powers-that-be could do to ruin an otherwise populist and anti-establishment presidential administration..

[William Tell]

What happens when Hillary blasts him with $200 million in negative ads, and he has nothing to offer in response?

Hillary will raise over one Billion. No idea on Trump.

[fcreature]

Trump has already proven that he's unwilling to spend much of his own money on his campaign yet the Trumpkins will still repeat, until you ears bleed, that he's self funding his campaign.

He's not. I don't know if the reason is because he hasn't needed to yet, doesn't care, or if it's that he really doesn't have the $10B he brags about. Whatever it is, I don't expect him to dive into his own personal wealth all that much for his campaign. I'm still not convinced he even wants to be president. He ran for president to make more money, not to spend it.

I'm looking forward to the Trumpkins having to eat their own words when Trump starts taking money from anyone who will give it to him for the general election.

[CPUd]

That's why he won't release his tax returns- not that they would reveal something nefarious, but that they would show he isn't worth as much as he claims he is.

[Krugminator2]

Trump does not have the money to self-fund.

I am not saying Trump is unsuccessful like some people. I think he is a business success. But the fact is his net worth was zero when he bought his first Atlantic City Casino. His financials and application are public. Ditto for when he built Trump Tower. His dad co-signed both of those loans. He did not have $3.5 million in cash in to meet a debt obligation in 1991 and it took his dad buying $3.5 million in casino chips for him to avoid bankruptcy.

Trumps net worth is basically the appreciation on the $150 million he inherited plus his earnings from being a reality star. Numerous sources who worked for Trump in the mid 2000's in financial roles pegged his NW at $200-300 million. A loan he got with Deutsche Bank put his NW at $750 million. He doesn't have the cash even he wanted to spend his own money.

[CPUd]

Trump does not have the money to self-fund.

I am not saying Trump is unsuccessful like some people. I think he is a business success. But the fact is his net worth was zero when he bought his first Atlantic City Casino. His financials and application are public. Ditto for when he built Trump Tower. His dad co-signed both of those loans. He did not have $3.5 million in cash in to meet a debt obligation in 1991 and it took his dad buying $3.5 million in casino chips for him to avoid bankruptcy.

Trumps net worth is basically the appreciation on the $150 million he inherited plus his earnings from being a reality star. He doesn't have the money even he wanted to spend his own money.

His dad had to sign just about everything up until his mental health started to deteriorate.

This is a pretty fascinating read, by people who were around him or wrote about him back in the day:

Trumpology: A Master Class

There are five people who’ve gone deeper on The Donald than anyone else alive. We brought them together for the definitive conversation about who he really is.
By Susan B. Glasser and Michael Kruse

May/June 2016


The personality that looms largest over the 2016 campaign did not emerge on the political scene as an unknown. In fact, Donald Trump might be one of the most deeply studied presidential candidates ever. Beginning in the early 1990s, as the real estate mogul dealt with corporate calamities, and until last year, when he descended the escalator at Trump Tower to announce his candidacy, a half-dozen serious biographies have been written about a man who has imprinted himself on American culture in towering gold letters. But those biographies—which dig into Trump’s family history, his early business successes and later financial disasters, his tabloid sex scandals and the television showmanship that saved him—had largely receded into the depths of Amazon’s bestseller list. Now those books—which have not always been to Trump’s liking; he sued one of the authors unsuccessfully for libel—have become precious source material for those eager to explain Trump’s surge toward the GOP nomination.

Want to know where Trump inherited his entrepreneurial bent? Gwenda Blair traces it to his grandfather, who ran a series of restaurants in the Klondike that featured some of the best food in town, as well as private areas where “sporting ladies” could “entertain” miners. Who was really doing the deals that made Trump famous? Wayne Barrett will tell you the only signature that really mattered on a contract belonged to Trump’s father, Fred. What broke up Trump’s first marriage? Harry Hurt III writes that Ivana “confided to female friends that Donald had difficulty achieving and maintaining an erection.” How did a man who came perilously close to personal financial ruin sell himself as a master dealmaker? By exaggerating everything, including his net worth, which Timothy O’Brien revealed was far less than advertised. And if you wonder what now drives Trump’s pursuit of the White House, Michael D’Antonio has argued it’s the same deep neediness he felt as a child and that has fueled every business deal and attention-chasing stunt since then.

...

http://www.politico.com/magazine/sto...-obrien-213835

[r3volution 3.0]

Trump does not have the money to self-fund.

I am not saying Trump is unsuccessful like some people. I think he is a business success. But the fact is his net worth was zero when he bought his first Atlantic City Casino. His financials and application are public. Ditto for when he built Trump Tower. His dad co-signed both of those loans. He did not have $3.5 million in cash in to meet a debt obligation in 1991 and it took his dad buying $3.5 million in casino chips for him to avoid bankruptcy.

Trumps net worth is basically the appreciation on the $150 million he inherited plus his earnings from being a reality star. Numerous sources who worked for Trump in the mid 2000's in financial roles pegged his NW at $200-300 million. A loan he got with Deutsche Bank put his NW at $750 million. He doesn't have the cash even he wanted to spend his own money.

And if most of that net worth is his "brand," well, there's not exactly a liquid market for TV character brands...

[fcreature]

His dad had to sign just about everything up until his mental health started to deteriorate.

Even more so, Trump has relied on his father's personal relationships and political connections for just about every business deal he has ever made.

But best be quiet about the reality of Trump's financial situation or you'll really anger some of the Trump supporters on here and they might even neg rep you or put you on ignore.

[nobody's_hero]

What happens when Hillary blasts him with $200 million in negative ads, and he has nothing to offer in response?

I'm guessing the same thing that happened to all of his primary challengers and opposition PACs who couldn't resist attacking him. She loses.

It would be wiser for the DNC to spend the money trying to downplay Hillary's shortcomings, spruce her up a bit. But I'm predicting she will go waaay overboard with the attack ads and people will just get fed up with seeing them over and over again.

[erowe1]

His dad had to sign just about everything up until his mental health started to deteriorate.

This is a pretty fascinating read, by people who were around him or wrote about him back in the day:

....How did a man who came perilously close to personal financial ruin sell himself as a master dealmaker? By exaggerating everything, including his net worth, which Timothy O’Brien revealed was far less than advertised. And if you wonder what now drives Trump’s pursuit of the White House, Michael D’Antonio has argued it’s the same deep neediness he felt as a child and that has fueled every business deal and attention-chasing stunt since then.
....

http://www.politico.com/magazine/sto...-obrien-213835

He does come across like the stereotypical kid who constantly tells ridiculous self-aggrandizing lies.

[r3volution 3.0]

I'm guessing the same thing that happened to all of his primary challengers and opposition PACs who couldn't resist attacking him. She loses.

Trump won't get billions in free, positive coverage from non-FOX stations in the general.

[Krugminator2]

I'm guessing the same thing that happened to all of his primary challengers and opposition PACs who couldn't resist attacking him. She loses.

Ummm... Hardly any money was spent attacking him in the primary. The Koch group did not spend anything. Jeb's PAC was heavily criticized for barely touching Trump.

The anti-Trump Super PACs hardly raised any cash. The PAC that ran the controversial ad of Trump's on Facebook raised $20k. That's it. Trump basically got a free pass.

The next six months are going to be endless loops of every insane thing Trump has ever said like saying Mike Tyson didn't deserve to go to jail for rape.

[spudea]

he was outspent in Indiana 10 to 1. On a per vote basis, he's probably spent the least amount among both republicans and democrats. So it doesn't appear to be crucial for Trump to play the money race game vs Hillary.

[r3volution 3.0]

Ummm... Hardly any money was spent attacking him in the primary. The Koch group did not spend anything. Jeb's PAC was heavily criticized for barely touching Trump.

The anti-Trump Super PACs hardly raised any cash. The PAC that ran the controversial ad of Trump's on Facebook raised $20k. That's it. Trump basically got a free pass.

The next six months are going to be endless loops of every insane thing Trump has ever said like saying Mike Tyson didn't deserve to go to jail for rape.

She could probably just run this a couple million times.

Pretty much summarizes the situation.



Maybe cut in some clips of this.

[LibertyEagle]

That's why he won't release his tax returns- not that they would reveal something nefarious, but that they would show he isn't worth as much as he claims he is.

He says he is being audited. I'm not aware of too many that release their tax returns during an audit. Are you?

[CPUd]

he was outspent in Indiana 10 to 1. On a per vote basis, he's probably spent the least amount among both republicans and democrats. So it doesn't appear to be crucial for Trump to play the money race game vs Hillary.

The D's are going to be spending around $100M just on data. If Trump thinks he can just wing it against something like that- Cruz beat him in Iowa because of it. Check out this massive fail by Mitt 2012: https://en.wikipedia.org/wiki/ORCA_%...uter_system%29

[CPUd]

He says he is being audited. I'm not aware of too many that release their tax returns during an audit. Are you?

He's just hoping he can keep making up bull$#@! until people forget. They won't.

IRS: Trump can release tax returns, regardless of audit
Kevin McCoy and David Jackson, USA TODAY 3:29 p.m. EST February 26, 2016

Donald Trump says he isn't releasing his tax returns yet because they are being audited, though the Internal Revenue Service says that's no barrier to disclosure.

In a statement Friday, the IRS said that federal privacy rules prohibit the agency from discussing individual tax matters, but “nothing prevents individuals from sharing their own tax information.”

While not citing Trump by name, the IRS also disputed the businessman's suggestions that he is being audited for political reasons or because he is a Christian.

“The IRS stresses that audits of tax returns are based on the information contained on the taxpayer’s return and the underlying tax law — nothing else,” the agency said. “Politics and religion do not factor into this. The audit process is handled by career, non-partisan civil servants, and we have processes in place to safeguard the exam process.”

Asked on CNN about the audits, Trump said: "Well, maybe because of the fact that I'm a strong Christian, and I feel strongly about it, maybe there's a bias."

There are many reasons why a taxpayer being audited might want to keep their tax returns private. However, Americans have come to expect that presidential candidates will disclose their returns, said Joseph Thorndike, director of the Tax History Project at Tax Analysts, a leading provider of tax news and analysis.

“I’m sure a careful tax attorney would advise him not to disclose it in the middle of an audit,” Thorndike said of Trump. “But an attorney would say not to disclose it anytime.”

If Trump can’t handle a difficult audit, “he’s running for the wrong job,” said Thorndike, who has called for the New York City businessman and other presidential candidates to disclose their tax returns.

“It’s a willingness to say 'I’m asking for your trust, and I’m willing to provide this information to earn your trust,'” said Thorndike.

http://www.usatoday.com/story/news/p...dits/80996086/

[r3volution 3.0]

He says he is being audited. I'm not aware of too many that release their tax returns during an audit. Are you?

He also said he opposed the Libya War.



And that he opposed the Iraq War.

https://www.buzzfeed.com/andrewkaczy...e-a-tremendous

Donald Trump, faced with his own words from 2002 that directly contradict his claim he opposed an Iraq invasion early on, told CNN’s Anderson Cooper on Thursday night he opposed the war by the time it started.

But in an interview with Fox News’ Neil Cavuto one day into the Iraq invasion, Trump did not express his opposition to war, and said it appeared to be “a tremendous success from a military standpoint.” Trump predicted the war would continue to be great for Wall Street.

[EBounding]

Tronald will just ask his supporters for money and they'll happily give it to him.

[fcreature]

He says he is being audited. I'm not aware of too many that release their tax returns during an audit. Are you?

Do you really believe everything Trump says?

Well, according to The Wall Street Journal, no less than IRS Commissioner John Koskinen himself weighed in today.

Trump has claimed that he’s been audited every year “12 years in a row, at least,” but as Koskinen said at a taping for C-SPAN’s Newsmakers, “it would be rare” for that to happen.

“Usually when there’s an audit,” he said, “and it’s cleared up, if there are no other issues, it’s a number of years, two or three at least, before you hear from us again, unless something in your next return pops up.”

Koskinen also clarified that Trump is not blocked by law from releasing his returns if he wanted to.

http://www.mediaite.com/online/the-h...dit-situation/