Fox News admits Donald Trump is out of money
Donald Trump only has until the end of the week to post bond in his $83 million E. Jean Carroll verdict, and he only has a couple more weeks to post bond in his roughly half a billion dollar New York civil fraud verdict. Trump keeps making legal filings asking to either delay things or drastically reduce the size of the bond, making clear that he doesn’t have the money.
There’s been a lot of idle speculation (and a good amount of doomsday hysteria) about how this or that person or entity might simply pay Trump’s bond for him. But no one really wants to get into bed with Trump financially, at a time when he’s obviously finished.
To that end, even Fox News is admitting that Trump is out of money and needs a bailout. When wealthy Trump ally Vivek Ramaswamy appeared on Fox, he was asked if he was willing to bail Trump out. Ramaswamy said Trump doesn’t need help. But the Fox host then proceeded to admit that Trump does need help:
Fox host: If Trump asked if you can loan the campaign money, what would you say?
Trump surrogate Ramaswamy: Donald Trump is not in need of help
Fox host: He does need money pic.twitter.com/t3RzNMWO8Y
— Kamala HQ (@KamalaHQ) March 7, 2024
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So now we’re at a point where Donald Trump’s financial collapse is so blindingly obvious, even Fox News is flat out admitting it. It’ll only get worse for Trump going forward.
Bill Palmer is the publisher of the political news outlet Palmer Report