As you know, Donald Trump managed to get a bond of $91M the same day that he took over the reins of the RNC by installing his dimwit daughter-in-law and his North Carolina election denying crony as the two co-chairs. The Chubb insurance company gave him the bond and he apparently thought that they would indemnify him for his other case, where he faces a fine of $454M and an appeal. He was wrong. And he was upset. But before you watch that clip, watch Alina Habba lie through her teeth.

“Billions and billons and billions of dollars,” my God I’m getting hoarse even saying it. And my head is exploding trying to imagine it. What does Trump own exactly, the entire state of New Jersey and half of Manhattan?

While you’re pondering how Trump can’t pay half a billion when he’s got billions and billions, listen to this news story on how Chubb was going to bail him out but then they gipped him.

Now why Trump wouldn’t want to go bankrupt is a mystery to me, since he’s done it six times before. I was actually hoping for some illumination on what the chyron says. And it won’t matter to the cult if he would begin bankruptcy proceedings while running for office. All he has to do is say that the Deep State is forcing him to do that, like everything else.

It is possible that undecided Republicans or Independents, if there are any of those at this point, might be dismayed by a presidential candidate declaring bankruptcy while running for the highest office in the land. After all, the Republicans claim to be the party of personal responsibility and fiscal responsibility and declaring bankruptcy for the 7th time, during a presidential campaign no less, certainly doesn’t demonstrate those values, now does it?

Trump’s got three business days and the weekend to come up with a lot of money. Isn’t that odd for somebody with billions and billions and billions?

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16 COMMENTS

  1. Didn’t Jared and Princess Ivomit bank $2 BILLION just recently???

    ……and now they won’t let Daddykins hold a measly $454 million.

    The audacity of it all…..

    *smirk*

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  2. Ironic she quotes his statement of financial conditions, since it’s what got him here in the first place. Chubb put up the first bond because he managed to scrape together enough collateral to guarantee it. This time he doesn’t and they walked. So, bottom line, he’s going to lose most of his assets and bankruptcy won’t help because it can’t be used to discharge a civil judgment. He’s in the toaster right now, and very soon he’s going to pop up, burnt to a crisp.

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    • I heard that DON THE CON was only able to get Chubb to put up the first bond because he got someone else with lots of money to co-sign for the loan. I was thinking it might be someone like Elon Musk-RAT.
      Yep… Trump is toast.

  3. Before you play the video, take a look at the fux talking head’s face–it is as if she’s muttering “oh, f*ck, when will this twit STFU?” lmao

    19
    • Exactly. I’d note that in one of them he was scared shitless to learn things were structured so that he’d be personally on the hook if a bankruptcy was declared and had to go crawling to daddy Fred for a LOT of help/intervention to keep from adding to the pile of failures. He had Weisselberg make damned sure to insulate him in the future so he’d never face that again. And he hasn’t, at least until now. He’s always managed to dump the losses on others but this time it would be on him personally, And long before the election voters would be able to see the effects. Even some of his MAGAs would look and think to themselves this dude has been lying all along and is NOT the shit-hot savvy business guy he’s claimed to be. Not that they’ve vote for Biden, but even five million or so voting for someone else or not voting at all would be devastating for Trump.

      10
  4. Yes, Trump was counting on Chubb. With his pal that had served on some economic board during his administration he had good reason to believe the “don’t worry – I’ve got your back and since I’m CEO we’ll cover you” talk. Still, the guy has a board and international investors to answer to. I’m guessing it took as long as it did to come up with the Carrol bond because they insisted on collateral and given how leveraged probably everything Trump “owns” is it took some doing. And that was for “only” $91 million.

    Now he’s got to guarantee five times that amount which is why his pal can’t convince his board to let him underwrite the bond. Also, Chubb’s reputation has taken a hit and not just in the U.S. People and businesses/corporations in other countries think even less of Trump that you or I do. It’s like top law firms that have refused to represent Trump. The few good lawyers he’s managed to retain had to leave their firms to do so. He’s that effing toxic. If he costs as much or more in lost clients/business as he brings in I can see why law firms or reputable companies with the resources to underwrite a bond of that size would take a pass.

    Would you love to have been there so see Trump’s face go pale as the snow when he got told “sorry, but the company won’t let me arrange a bond for the NY state verdict.” Then the screaming, the cussing, the “but you PROMISED me!” followed by threats of retribution. It would have been epic, and entertaining as hell to behold.

    I’m still worried someone will step up at the last minute to rescue Trump’s fat orange ass. Unless/until Monday is over and he’s failed to satisfy the courts with the needed cash and or bond I’m not about to celebrate what should be an epic and fun as hell to watch spectacle of Trumpty Dumpty falling from a very, “bigly” high wall and going splat. “MAGAs will try, and as hard as they can; but won’t put Trumpty together again!”

    But let’s wait until this time next week, because as I said Trump’s still got time. Every time we think we’ve finally got him he manages to escape the fate he deserves. I’m treating this by reverting to being a Cubs fan. Until the first base umpire signalled that final out I wouldn’t allow myself to believe they’d won game seven and the World Series. Even during that final out there was drama as third baseman Bryant slipped as he made the throw. I had visions of the ball winding up in the stands and a repeat of past unravellings. In other words in the blink of an eye a sure thing can become nothing of the sort. So let’s all do lots of deep breathing between now and Monday night.

    • I’m worried that someone who might step up at the last minute to rescue Trump’s fat orange ass is named PUTIN or Prince of Saudi Arabia.

  5. I.hope he has the big midst bankruptcy ever! After all, he is the King of Debt. Will the big midst bankruptcy ever make him.Emperor of Debt?

  6. Oh joy….. DON THE CON is loosing it, because the TRUTH about his ability as a financial genius is being revealed as a FRAUD & a FAKE just like all the wheeling & dealing of his FRAUDULENT businesses.
    The FAKE KING of business has been revealed as the FRAUD he’s always been & Donny T has no clothes… this is more than DON THE CON & his fragile ego can take.

  7. So where are the Russkies with all their ill-gotten loot, when their useful idiot needs them? Or have even they, scum that they are, realised that Trump’s a loss leader now, too crippled to be of any further use? The diehard MAGAts won’t leave Trump but I suspect a lot of House GOPers are thinking seriously about changing their minds before it’s too late. Rats always know when the ship’s actually sinking, they say.

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