Donald Trump is a loser
In a world where Donald Trump has called for the destruction of the US Constitution (which presumably includes the Second Amendment!) and is under investigation for more crimes and by more agencies than I can keep track of, his hiding a $19.8 million loan extant while he was president may sound like small potatoes. Recall that his presidency, like his post-presidency, was a riot of scandals, thefts, outrages and treasons.
After all, when Trump was president he incited an insurrection against the government, mismanaged a pandemic that killed a million Americans, separated children from their families — then proceeded to lose those children in the bureaucracy, tear-gassed peaceful protesters on Lafayette Square so he could conduct a photo-op while holding a Bible upside down in front of a church, got himself impeached, then got himself impeached again, why does his failing to declare a loan of $19.8 million rate our attention? It wouldn’t except for one thing. It might show us just how broke he is.
After all, what does a “billionaire” need with nearly 20 million bucks in loans? Isn’t that pocket change? Isn’t that what you find beneath the cushions when you clean the couch? I think the same impulse that forced Trump to get that loan is the same impulse that made him conceal his tax returns. Trump is a fake rich guy and he always has been. He’s running out of money and now his businesses have been shut down by Letitia James. Trump is embarrassed by how broke he is and he spends an incredible amount of energy trying to conceal that fact.
What’s more, the unreported $19.8 million loan came from a South Korean company called Daewoo, a company that has ties to North Korea. Could that have something to do with why he and Kim Jong Un “fell in love.” Who knows?
Whatever the case, the point is that a man with (allegedly) billions in assets and a $400,000 a year salary shouldn’t need a twenty million dollar loan unless he’s haemorrhaging money so fast that he can’t keep his head above water.
Anyway, apparently the loan in question was an ongoing debt before Trump became president. It was finally discharged by an undisclosed source in May of 2017. Trump hid that fact when there was really no ostensible reason for him to hide it. Why? Again, could it have been an indicator early in his presidency that he was in fact broke all along? That his bluster about being rich was faked from the very beginning?
After all, we know that the source of this “self-made man” and his alleged riches began with a real life fortune of 400 million dollars that was handed to him tax free by his late father, Fred Trump. Donald Trump managed to run that vast fortune into the ground and, by the 1990s, Trump owned the largest debt of all time. Trump very well could have been the first person in history to be more than a billion dollars in debt.
What, the guy who bankrupted 3 casinos, crashed Trump Airlines, lost a huge lawsuit over his fake university, torpedoed Trump Magazine, Trump Beverages, Trump Mortgage, Trump Steaks, Trump Vodka, was also in a huge amount of debt? Get out of here! I know, hard though it may be to believe, Trump might be just another poor guy with a big mouth. Who would’ve guessed it?
“Brilliant businessman” Donald Trump can now add to his list of failures the 2022 midterm election. What should have been a triumph deluxe was a dud thanks to Trump.
Meanwhile, on Monday, jurors began deliberating in the Trump Organization tax fraud trial in New York, in which the company is accused of operating a criminal enterprise that allegedly involved fraud and tax evasion. Yep, Donald Trump is a loser. Let me just write that one more time because it gives me so much pleasure. Donald Trump is a loser. Whisper that in the ears of your MAGA friends and relatives when you see them over the holidays. And, as ever, ladies and gentlemen, brothers and sisters, comrades and friends, stay safe.
Robert Harrington is an American expat living in Britain. He is a portrait painter.