Donald Trump desperately tries to bail out his flat broke campaign
It became clear awhile back when he started cutting back on TV ads in swing states, and it was confirmed in great detail last night by the New York Times: Donald Trump’s 2020 campaign is out of money with less than two months to go until election day.
So it’s not surprising that Donald Trump is now publicly weighing whether to bail out his own campaign with $100 million of his own money. If he loses the election he’ll be criminally charged in multiple jurisdictions, and the financial criminal charges pending against him in New York alone could wipe out all of his assets. Here’s the thing, though: where is someone as broke and deeply in debt as Donald Trump going to get $100 million from?
Trump’s entire business model is based on running up huge debts, bringing in just enough revenue from his properties to service those debts, and becoming a big enough problem for his debtors that they end up reluctantly renegotiating his loans for fear he’ll just file bankruptcy again. Trump is not a guy who ever has much if any cash on hand. Nor are any of his assets liquid, because they’re all mired in debt.
Some observers on social media are theorizing that Deutsche Bank might bail him out again. But that ship has thoroughly sailed, to the point that Deutsche Bank is now actively working with multiple investigations into Donald Trump; they’re certainly not going to make another loan to him at this point. Putin secretly funneled money to the the Trump 2016 campaign, but there’s no indication that he’s willing to do so again in 2020 while everyone is watching. And conservative billionaires like Sheldon Adelson are reportedly reluctant to invest in Trump’s 2020 campaign because they think he’s going to lose anyway.
So where is Donald Trump getting this supposed $100 million from? The money he’s grifted from the presidency has generally been in small amounts, because he’s not very imaginative about it. The New York Times report did detail alleged nine-figure payouts from the campaign to Trump family members, so perhaps Trump is simply talking about putting that money back into the campaign – though we’d guess that money has already been long ago spent on servicing real estate debts.
There is also the possibility that Donald Trump’s babysitters are merely announcing that Trump is going to put $100 million of his own money into the campaign, and that it’s not really going to happen. Keep in mind that Trump’s 2020 campaign is already relying on tactics like running local ads in the Washington DC market so Trump will see them, and he’ll think they’re running nationwide when they’re not. When you consider just how far gone Trump seems to be cognitively, it’s entirely possible that there is no $100 million, his campaign is simply going to remain bankrupt, and his handlers just want a half senile Trump to think he’s still in the game.
