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>At least Trump doesn't need money. What does that even mean? If you're implying that he was rich before becoming president (which is already on shaky ground),

>At least Trump doesn't need money. What does that even mean? If you're implying that he was rich before becoming president (which is already on shaky ground), are you saying that rich people aren't looking for more money?

m0zg 7y ago
Running for president to get "more money" would be an extremely dumb strategy for someone who's already a multibillionaire. Dumb people do not win presidential elections, especially not with half the funds and with the entire propaganda machine shitting on them non-stop for months. He could have just kicked back and enjoyed his fame, like he did before he announced he's running.
- BubRoss 7y ago
  He ran because he got free press, which meant free marketing for his books, which meant free money. Also campaign donations are basically free gifts of money to someone like this. He even called his transition team money 'my money' to Chris Christy (Michael Lewis' book which is a very good read). His inauguration party alone rented out his own $5k ballroom for $150k. He rented his own offices for triple their cost to his campaign. The list goes on and on until you realize it isn't here or there, but all the time, non stop that these grifts are happening. The bill for golf playing is over $100 million. His super bowl party alone was $3.5 million and even though it was on the official schedule a reporter asking about it was berated for implying 'that the president wasn't always working'. Once he leaves office the rest of his life will be lived in court.
  - zdragnar 7y ago
    You can't rent out "just" a ballroom for an inauguration, or anything or anywhere ab president does or goes... The amount of security and extra amenities that go into an event that big certainly add on. I don't know whether it balances or not, but this strikes me as absurd.
    - BubRoss 7y ago
      That wouldn't be payed for by the campaign though. No one said he rented 'just a ballroom', you came up with that on your own. The hotel charged his campaign $150k for the ballroom that they usually charge $5k for. The security extra is where the $100 million in golf comes from. Local police security is also why his campaign owes millions to the cities he has used to hold rallies and refused to pay.
- nkozyra 7y ago
  A lot of liberties here, but: > for someone who's already a multibillionaire > Dumb people do not win presidential elections in particular stand out as quite dubious.
- unapologetic 7y ago
  Using the most powerful office in the world to grift and enhance personal wealth sounds like the exact type of thing a billionaire would do. Bloomberg did it and he was only Mayor of NYC. > Dumb people do not win presidential elections Reagan won in 84 when his mind was already mostly gone, and it's debatable how smart he was to begin with.
- sixothree 7y ago
  So many misconceptions and mistruths all at once.
- undersuit 7y ago
  How does you assertion work with President Trump saying the exact opposite? "It's very possible that I could be the first presidential candidate to run and make money on it," Trump said...
- zdragnar 7y ago
  The money is in the book deals and speeches and what not after the fact. Even the Obamas are getting into making stuff for Netflix. That said, four or eight years is still quite Lot of opportunity cost.
aguyfromnb 7y ago
>If you're implying that he was rich before becoming president (which is already on shaky ground) Wait, are their really people who think that Donald Trump isn't rich? I mean, he most definitely exaggerates the extent of his wealth, but the man owns 5-star real estate all over the planet. He's rich.
- JeremyBanks 7y ago
  His assets may not give a full picture of his wealth after he's spent years fighting to hide his liabilities.
  - aguyfromnb 7y ago
    You're right, Donald Trump is poor. This site is getting beyond parody.
    - Forbo 7y ago
      If he'd actually release some tax returns then we wouldn't have to speculate. Until then, we have to rely on investigative journalism to try and reveal the truth: https://www.propublica.org/article/trump-inc-podcast-never-before-seen-trump-tax-documents-show-major-inconsistencies https://www.propublica.org/article/trump-inc-podcast-never-b... Edit for clarification: For all we know, he's just keeping the lie running long enough that it hasn't caught up to him yet. Just because I have lines of credit worth thousands of dollars doesn't mean I have thousands of dollars.
      - aguyfromnb 7y ago
        >If he'd actually release some tax returns then we wouldn't have to speculate. It's pretty clear, to me, the reason that Trump might want to hide his tax returns: because there is shady stuff in them. Regardless, tax returns are not in indication of wealth; they measure income. >For all we know, he's just keeping the lie running long enough that it hasn't caught up to him yet. For 40+ years of continuing to amass global assets? DJT took over Trump Org in the 1970s. >because I have lines of credit worth thousands of dollars doesn't mean I have thousands of dollars. What banks are handing out massive lines of credits with no assets support them? He isn't buying hundred-million dollar real-estate with an unsecured credit card...

m0zg 7y ago

Running for president to get "more money" would be an extremely dumb strategy for someone who's already a multibillionaire. Dumb people do not win presidential elections, especially not with half the funds and with the entire propaganda machine shitting on them non-stop for months. He could have just kicked back and enjoyed his fame, like he did before he announced he's running.

BubRoss 7y ago
He ran because he got free press, which meant free marketing for his books, which meant free money. Also campaign donations are basically free gifts of money to someone like this. He even called his transition team money 'my money' to Chris Christy (Michael Lewis' book which is a very good read). His inauguration party alone rented out his own $5k ballroom for $150k. He rented his own offices for triple their cost to his campaign. The list goes on and on until you realize it isn't here or there, but all the time, non stop that these grifts are happening. The bill for golf playing is over $100 million. His super bowl party alone was $3.5 million and even though it was on the official schedule a reporter asking about it was berated for implying 'that the president wasn't always working'. Once he leaves office the rest of his life will be lived in court.
- zdragnar 7y ago
  You can't rent out "just" a ballroom for an inauguration, or anything or anywhere ab president does or goes... The amount of security and extra amenities that go into an event that big certainly add on. I don't know whether it balances or not, but this strikes me as absurd.
  - BubRoss 7y ago
    That wouldn't be payed for by the campaign though. No one said he rented 'just a ballroom', you came up with that on your own. The hotel charged his campaign $150k for the ballroom that they usually charge $5k for. The security extra is where the $100 million in golf comes from. Local police security is also why his campaign owes millions to the cities he has used to hold rallies and refused to pay.
nkozyra 7y ago
A lot of liberties here, but: > for someone who's already a multibillionaire > Dumb people do not win presidential elections in particular stand out as quite dubious.
unapologetic 7y ago
Using the most powerful office in the world to grift and enhance personal wealth sounds like the exact type of thing a billionaire would do. Bloomberg did it and he was only Mayor of NYC. > Dumb people do not win presidential elections Reagan won in 84 when his mind was already mostly gone, and it's debatable how smart he was to begin with.
sixothree 7y ago
So many misconceptions and mistruths all at once.
undersuit 7y ago
How does you assertion work with President Trump saying the exact opposite? "It's very possible that I could be the first presidential candidate to run and make money on it," Trump said...
zdragnar 7y ago
The money is in the book deals and speeches and what not after the fact. Even the Obamas are getting into making stuff for Netflix. That said, four or eight years is still quite Lot of opportunity cost.

aguyfromnb 7y ago

>If you're implying that he was rich before becoming president (which is already on shaky ground) Wait, are their really people who think that Donald Trump isn't rich? I mean, he most definitely exaggerates the extent of his wealth, but the man owns 5-star real estate all over the planet. He's rich.

JeremyBanks 7y ago
His assets may not give a full picture of his wealth after he's spent years fighting to hide his liabilities.
- aguyfromnb 7y ago
  You're right, Donald Trump is poor. This site is getting beyond parody.
  - Forbo 7y ago
    If he'd actually release some tax returns then we wouldn't have to speculate. Until then, we have to rely on investigative journalism to try and reveal the truth: https://www.propublica.org/article/trump-inc-podcast-never-before-seen-trump-tax-documents-show-major-inconsistencies https://www.propublica.org/article/trump-inc-podcast-never-b... Edit for clarification: For all we know, he's just keeping the lie running long enough that it hasn't caught up to him yet. Just because I have lines of credit worth thousands of dollars doesn't mean I have thousands of dollars.
    - aguyfromnb 7y ago
      >If he'd actually release some tax returns then we wouldn't have to speculate. It's pretty clear, to me, the reason that Trump might want to hide his tax returns: because there is shady stuff in them. Regardless, tax returns are not in indication of wealth; they measure income. >For all we know, he's just keeping the lie running long enough that it hasn't caught up to him yet. For 40+ years of continuing to amass global assets? DJT took over Trump Org in the 1970s. >because I have lines of credit worth thousands of dollars doesn't mean I have thousands of dollars. What banks are handing out massive lines of credits with no assets support them? He isn't buying hundred-million dollar real-estate with an unsecured credit card...