Truth Social remains silent on this subject, even though headlines started blasting around the globe well over an hour and a half ago on the Trump Organization’s mammoth fine. What’s comical about that, is that Trump of all people has to understand that people are checking his site every thirty seconds to see his reaction. Since he’s such an attention whore, one would think that he would let his thumbs scream his outrage into the digital void.

Maybe later. Because what’s on Truth Social now is Trump complaining about an unflattering photograph of him golfing and an acknowledgement of a speaking engagement in Pennsylvania. Nothing like focusing on trivia and ignoring the big picture. So let’s see what his niece Mary has to say:

With this judgment, Engoron finally vindicates what many—from the seminal work of Wayne Barrett, the unrelenting reporting of David Cay Johnston and Tim O’Brien, and the staggering investigative work of Sue Craig and Russ Buettner at The New York Times—have been shouting from the rooftops ever since Donald stepped into the New York City real estate scene in the 1970s: Donald, along with my grandfather, Fred, engaged in deceptive business practices, covered over with brazen lies, for years.

Mary goes on to say how this verdict, coupled with the E. Jean Carroll judgment, is ruinous, both financially and psychologically for her crazy uncle. That’s because “money and the illusion of his success are all that matter to him.”

Now here’s where it gets interesting. Maybe we should put on tinfoil hats. The judgment levied today is almost as much as the starter money that Fred Trump gave to his son Donald — who then proceeded to squander it.

Donald’s fraud began when he, with a massive assist from my grandfather, perpetuated the myth that he was a self-made man despite the fact that, from the time he was a toddler, Donald received in excess of $400 million dollars from his father in the form of “gifts,” unpaid loans, unearned dividends, and other perks.

This lie, along with the completely unfounded claim that Donald was somehow an entrepreneurial phenom, was nevertheless kept alive by the banks who loaned him money and the corporate media.

Now it’s all finally unraveling, thread by thread. […]

There are two reasons why today’s verdict is absolutely ruinous for Donald.

First, together with the $83 million in damages he now owes to E. Jean, Donald’s debt—simply between these two most recent judgments—exceeds his available liquid assets, according to finance expert Dan Alexander.

Despite Donald’s exaggerations about his net worth, the amount of cash he actually has on hand, which is estimated to be around $400 million, is what really matters. Fake evaluations will not help him here. If that $400 million amount is accurate, Donald is in a bit of a bind. 🤷‍♀️

Here’s the obvious take on all this: Trump is going to be forced to restructure or sell to come up with this kind of money and restructuring is not viable for somebody who’s just been found liable of massive fraud. That leaves selling properties. So right now, Trump is probably trying to decide if he should sell Bedminster, or jump out the highest window.

Second, I can tell you why this really unnerves Donald.

All that has ever mattered to him is to be perceived as a successful and enormously wealthy real estate tycoon – and the amount of effort he has put into spinning this monumental lie over the course of decades is a clear indication that it is central to his very identity. Practically nothing else matters to him.

The fact that the New York trial has exposed the fact that not only Donald’s business practices but also his bluster about his business acumen are merely long-running cons makes this one of the worst days in Donald’s entire life. It’s extremely likely that it’s the worst day.

I understand why some people don’t like to engage in schadenfreude, but when great misfortune befalls a man who has caused such harm to so many people—from the contractors he refused to pay, to his own family members, to immigrants, and the hundreds of thousands of Americans who died from COVID (the list is so much longer, but you get the idea)—you’ll understand why I think it’s perfectly acceptable to revel in today’s moment of accountability.

I’ve got to tell you – it feels really good. 🙏🥂

And we revel along with her. Still nothing on Truth Social and I’ve been checking every minute for the past 90. I guess the explosion will come via a surrogate. Say, maybe Trump’s on the phone to Vladimir. They’re both having a lousy day.

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4 COMMENTS

    • And once again we say, the GOP won’t cut him loose. This is how things have gotten to this pass is because the GOP won’t cut him loose. Maybe he will shoot somebody on 5th Avenue. It would be interesting to see if that would do it.

      10
  1. Actually, we won’t know if Putin had a bad day today or not, until Nov 5 around midnight, and that’s because if Biden is re-elected (please god, just this ONE FAVOUR!!!!!) and has majorities in House & Senate, Putin IS genuinely in trouble. But if Trump is elected, then Putin is just fine and its humanity that’s in very deep trouble.

    Stay tuned.

    14

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